Browse 3 bedroom Land lots in Marikina, Metro Manila or list your own. Advertise, sell your property, list it for letMarikina (), officially the City of Marikina (Tagalog: Lungsod ng Marikina), or simply known as Marikina City, is a 1st class highly urbanized city in Metro Manila, Philippines. According to the 2015 census, it has a population of 450,741 people.Located along the eastern border of Metro Manila, Marikina is the main gateway of Metro Manila to Rizal and Quezon provinces through Marcos Highway (Marikina–Infanta Highway) It is bordered on the west by Quezon City, to the south by Pasig and Cainta, to the north by San Mateo and to the east by Antipolo, the capital of Rizal province.
Founded by the Jesuits on the fertile Marikina Valley in 1630, Marikina was the provincial capital of the Province of Manila under the First Philippine Republic from 1898 to 1899 during the Philippine Revolution. Following the onset of American occupation it was then organized as a municipality of Rizal Province, prior to the formation of Metro Manila in 1975. A formerly rural settlement, Marikina is now primarily residential and industrial and has become increasingly commercial in recent years. The City of Marikina is considered one of the wealthiest local government units in the Philippines.Marikina is known as the "Shoe Capital of the Philippines" for its famous shoe industry. It is the biggest manufacturer of shoes in the Philippines, producing almost 70% of shoes made in the country. Located in the city are the Philippine International Footwear Center and the Shoe Museum, housing the infamous shoe collection of former First Lady Imelda Marcos, wife of the late Filipino dictator Ferdinand Marcos.The city is under the jurisdiction of the Roman Catholic Diocese of Antipolo. It contains the Our Lady of the Abandoned Church, the oldest in the Marikina Valley.In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries.
A lot may also be defined as a small area of land that is empty except for pavement or similar improvement. An example would be a parking lot. This article covers lots as parcels of land meant to be owned as units by an owner(s).
Like most other types of real estate, lots owned by private parties are subject to a periodic real estate tax payable by the owners to local governments such as a county or municipality. These real estate taxes are based on the assessed value of the real property; additional taxes usually apply to transfer of ownership and property sales. Other fees by government are possible for improvements such as curbs and sidewalks or an impact fee for building a house on a vacant lot.Source: https://en.wikipedia.org/
