Real Estate in Lico
Real estate in Lico, Naval — a quiet residential enclave with high flood risk and established growth.
About Lico
Located within Naval, Biliran, Lico presents a quiet residential enclave as a residential option. Residents benefit from the social cohesion of a barangay-scale community while having access to the wider city's commercial, medical, and educational amenities. Flood risk is a key due diligence item in Naval — verify the property's specific flood history before committing. Real estate in Lico is accessible to local families and employed workers looking for permanent, practical homes, with house-and-lot and townhouse developments serving end-user demand at price points reflecting Naval's position in the Biliran market. Pag-IBIG financing is commonly available for properties in this price range.
Location Details
Flood Risk
High Flood Risk
High flood risk in Naval is a serious consideration for buyers in Lico. During typhoon season, significant flooding can occur. Key questions to ask before buying: Which months does this street flood? What is the average water depth? Has interior flooding ever occurred? How long does water typically take to recede?
Transport
Lico relies on Naval's local transport system. Tricycles serve the barangay-level routes; jeepneys and multicabs link residents to Naval's commercial district, public schools, and government offices. Buyers who commute daily to an employment center outside Naval should evaluate the nearest bus or P2P terminal for their specific route.
Amenities
Lico barangay residents have access to standard community-level amenities: elementary school, health center, and multi-purpose hall. Larger institutional amenities — secondary schools, government hospitals, and commercial centers — are available in Naval proper or the nearest urban center in Biliran.
Growth Potential
Naval is an established market, and Lico reflects that. Properties are priced to reflect genuine local demand rather than speculation — making them relatively fair value for buyers who intend to live in or rent out their property over the medium term.
Properties
No listings in Lico yet
Buyer Questions
Frequently asked about Lico real estate
Does Lico in Naval flood?
Naval has high flood risk overall. Within Lico, flood exposure varies by specific lot and street. Buyers should treat flood due diligence as a priority: request DRRMO records and inspect the lot's elevation relative to drainage canals.
What is the price range for properties in Lico, Naval?
Property prices in Lico reflect Naval's overall market positioning within Biliran. Prices are mid-market, reflecting stable demand from local end-users. Consult a local broker for current listings as prices shift with supply conditions.
Buyer Resources
Guides for buying in Lico
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