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Property Updated Jul 30, 2024
In Demand

INVESTMENT OPPORTUNITY, 3 RENTAL HOUSES 4 SALE, Nr MOMO BEACH, PANGLAO. JUST P9.95m

₱ 9,950,000
  • For Sale
  • Pre-Owned / 2nd Hand
  • Duplex / Twin House
  • 3 Bedrooms
  • 3 Bathrooms
  • 120 sqm.
Suggested gross household income/salary:
₱ 154,284 monthly income Request sample computation
20 years to pay at 7% interest
Property posted by:
Last online Tuesday
There are 110 buyers looking for Houses and Lots For Sale in Panglao, Bohol.
Property Details
Description

QUICK SALE PRICE FOR 2024 ONLY. LAST PRICE P9.95m

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 P9.95m for a quick sale, to include the lot, 3 units including contents and rental business.

For viewing please call Angus and Ai on Contact the Seller

Property Affordability
Suggested gross household income/salary:
₱ 154,284 monthly income Request sample computation
20 years to pay at 7% interest
View properties I can afford
Property posted by:
Last online Tuesday

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  • Frequently asked questions about INVESTMENT OPPORTUNITY, 3 RENTAL HOUSES 4 SALE, Nr MOMO BEACH, PANGLAO. JUST P9.95m

    How much is the monthly payment for this property?

    The monthly payment is ₱ 61,713 for 20 years for a downpayment of ₱ 1.99M

    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.

    Where can I find more details about house and lot for sale panglao bohol

    If you are looking for more information about house and lot for sale panglao bohol, you can check house and lot for sale panglao bohol from this page.