Hillside Land for Residential, Agri-Business, Eco-Tourism and Energy projects (MD2092016)
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Just 15 minutes away from Calapan city proper, this property for sale is 4-hectare hillside woodlands of coconut trees, fruit trees and Narra trees with a good view of the sea. The property is ideal for residential, agri-business, industrial, and commercial or eco-tourism developments. The hillside property is a close 1 kilometer from the sea shore and a river. There is a major road near the foot of the hillside property and a road cutting across the length of the hill on the top ridge near the property. Fruit crops can be harvested or the woodlands developed into a hillside resort or residential subdivisions or serve as site for investments like wind farms. Wind farms harvest local wind conditions found normally in sea-side and hill-side areas utilizing wind turbines that generate electricity which can be sold as a form of renewable energy. If developed into residential subdivisions, the property can immediately attract tenants due to its proximity to the city proper and a very good view of the sea. Large trees in the property can serve as comfortable attractions when building subdivision playground or community centers. At the moment, there seems to be a huge need for residential developments in the area as there are plenty of closely-packed houses along the road at the foot of the hill and there will be demand for comfortable subdivision lifestyle. If the nearby Naujan lake is developed into a resort according to news, the employees as well as visitors of the resort will find nearby residential areas. The owner has clean title with updated property tax payments.