Looking for a Chrono Trigger-esque map label system

Straight to the point.
In Chrono Trigger, there's a system in the world maps where a label appears when you approach to a location.

I want to achieve something similar in my world map.
I know of a way, but it would take a lot of images and disk space.
What I'd like to do is to display the location's name out of a string or something like that.
Probably something that would look like
I don't know if I'm explaining myself well enough.

Thanks in advance!

Check out Yanfly's event mini label plugin

Moghunter also has an event label. Perhaps one of the two mentioned here with an on player touch switch activation would work.