INVESTMENT OPPORTUNITY, 3 RENTAL HOUSES 4 SALE, Nr MOMO BEACH, PANGLAO
- For Sale
- Duplex / Twin House
- 3 Bedrooms
- 3 Bathrooms
- 120 sqm.
- House Type: Duplex / Twin House
- Number of Bedrooms: 3 bedrooms
- Number of Bathrooms: 3 bathrooms
- House Floor Area in sqm: 120 sqm.
- Lot Area in sqm: 356 sqm.
- Number of Floors: Bungalow
- Number of Car Parking Spaces: 3 car parking spaces
We are offering 3 x 1-bedroomed rental units for sale, set on a 1st lot of 356 sqm adjacent to a Brgy road and close to the access road to Momo Beach, in Looc, Panglao. This is an area, which is under tourist development, so this is an ideal time to buy in before prices escalate. Very close to Panglao centre and just 10 mins drive to Alona beach.
The duplex was finished in September 2019 and the detached property was totally refurbished at the same time.They are all of similar layout and about 50sqm interior living space. Each has a bedroom with ensuite bathroom which has large shower area and hot water shower; open plan living area with fitted kitchen, built in gas hob and wall cabinets; sofa, large wall mounted TV and dining area; outside permanent circular concrete seating and table with parasol plus washing facilities. There is ample off-street parking at the front of the properties on lot owned land.
The units have recently been connected to the new Panglao water supply.
This investment would be ideal for anyone wishing to benefit from the up-coming development of the Momo Beach area, or for someone wishing to use one unit to live in and enjoy rental income from the other 2 units.
All 3 units are currently let long term. Currently rentals still have COVID levels, but as tenants move on rental prices will move up. The normal rental levels are between P15k - P22k per month giving a possible annual income from all 3 units of approximately P750k, although short term letting could more than double the income.
The Title documents are complete and being processed at DENR now. We will check progress next visit end of August.
We are offering all 3 at P12m (Pre-title price. Once titled the price rises) to include the lot, 3 units including contents and rental business.
For viewing please call Angus and Ai on Contact the Seller
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Frequently asked questions about INVESTMENT OPPORTUNITY, 3 RENTAL HOUSES 4 SALE, Nr MOMO BEACH, PANGLAO
How much is the monthly payment for this property?The monthly payment is ₱ 74,428 for 20 years for a downpayment of ₱ 2.40M
Where is the property located?The property is located in Panglao, Bohol. You can view more Houses and Lots for sale in Panglao, Bohol on this page
Who can I contact if I am interested with the property?If you are interested with the property or if you need more information, you can leave a message to Andrew Palmer on this page. Andrew Palmer will immediately get back to you after receiving your message.
Are there other properties similar to this?If you are looking for similar properties, you can check Houses and Lots For Sale in Bohol worth ₱ 9.00M - ₱ 15.0M
Where can I find more details about panglao house for rentIf you are looking for more information about panglao house for rent, you can check panglao house for rent from this page.