Real Estate in Lico
Lico, Cajidiocan: a functional residential barangay serving local families and workers. Verified listings for buyers and renters in Romblon.
About Lico
Real estate buyers exploring Cajidiocan, Romblon will encounter Lico as a functional residential barangay serving local families and workers. Housing here ranges from older single-family homes to newer townhouse developments — a mix typical of Philippine barangays that have developed organically over several decades. Flood risk in this part of Cajidiocan is moderate — buyers should verify the specific lot's drainage conditions. The residential market in Lico is primarily owner-occupied. single-family homes, townhouses, and affordable condominiums are available, catering to families, workers, and long-time residents seeking stable, accessible housing. Buyers should budget for standard transfer taxes, documentary stamp tax, and registration fees on top of the purchase price.
Location Details
Flood Risk
Moderate Flood Risk
Moderate flood risk in Lico indicates that flooding is occasional rather than chronic for most of the barangay. Buyers of ground-floor units should specifically investigate drainage conditions on their target street. A site visit during or after heavy rain is the most reliable due diligence tool.
Transport
Lico is served by local tricycles and jeepney routes that terminate at or pass through Cajidiocan's town center. For long-distance travel, Cajidiocan's main bus terminal or transport hub provides connections to regional and inter-city destinations. Travel time to Cajidiocan proper is generally 15–45 minutes depending on traffic.
Amenities
The barangay amenity base in Lico includes a health center, elementary school, and community hall. Cajidiocan proper has the larger facilities: the public market, rural health unit, government offices, and any commercial retail serving the wider municipality.
Growth Potential
The established growth rating for Lico indicates a market where demand comes from genuine end-users — local families, workers, and retirees — rather than investors chasing appreciation. This typically results in fair pricing and lower long-term vacancy risk for landlords.
Properties
No listings in Lico yet
Buyer Questions
Frequently asked about Lico real estate
Is Lico, Cajidiocan a good investment for OFWs?
OFW investors in Lico typically target house-and-lot or townhouse units for rental or family use. Cajidiocan's established growth profile determines rental demand: steady local rental demand from workers and families. Pag-IBIG housing loans are available for eligible properties.
What is the rental yield potential in Lico?
Rental yields in Lico depend on property type, condition, and tenant demand in Cajidiocan. Established markets yield a steady 4–6% gross from local family and worker tenants. Verify current rental comparables with a local broker before projecting returns.
Buyer Resources
Guides for buying in Lico
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