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670 Hectares for Sale
Location Barangay Danggawan, Maramag Town
Offering One specific individual property unit
Property Type Farm [ Farm Only ]
Transaction For Sale
Asking Price P 40,000,000
Lot Area 670 ha
Terms Negotiable
SHOW CURRENCIES
 | US$ 896,659 |
 | € 602,553 |
 | A$ 1,022,067 |
 | £ 470,464 |
 | C$ 960,143 |
 | FJ$ 1,465,142 |
 | HK$ 7,002,734 |
 | S 3,749,831 |
 | ¥ 98,731,226 |
 | MR 2,982,290 |
 | SAR 3,362,474 |
 | S$ 1,263,752 |
 | R 6,993,947 |
 | D 3,293,162 |
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Price/Lot Area P 59,701/ha
What we are selling is the lease rights over a pasture lease properties of the Republic of the Philippines. It is consist of 670 hectares of ranch. The property is under lease contract for 25 years and renewable. The transfer of rights will be processed by the herein realty brokerage firm. If the buyer wanted to change the land use from pasture lease to plantation lease agreement. The herein broker will be responsible for its conversion and such services is part of a package deal by the seller of rights. The area is fully fenced and at present it is an active cattle ranch. The area is not covered by comprehensive agrarian reform program of the government because it is practically a government land but leased to private individual. The advantage of this is that the limitation in ownership of land under philipine laws is just 5 hectares but under the lease agreement even thousands of hectares.
The area is partly rolling. It is bounded by 2 rivers and a national highway. The 400 hectare partion on the top can be tractored. The land elevation is less than 600 meters above sea level.
Neighborhood Area Rural agricultural
Encumberance None.
Fencing Yes - metal fencing
Public Thoroughfare Access Yes - adjacent to public thoroughfare
Topography of Land Partially Rolling
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