Our(well her) new house

[sonjack2847]

2 hours ago, Reboot said:

Good price on the land. I just paid php 2m for 711 SM. It already has 2 houses on it but they are going to be taken down for new const. The front is the highway and the back is the beach.

Your post gives me some sort of handle on construction costs (of which I don't know too much in the Ph). Does that work out to php 5m for the house and the rentals...or about 23,000 php per SM (217 SM for house and rental units)?

Thanks

The construction costs are 15k per square meter.There are incidentals like permits and deposits for electricity,water which have to be added.

[sonjack2847]

20 hours ago, RBM said:

That Kev is an understatement, Valencia and to a slightly lesser degree Dumaguete are expanding now at a super fast rate.

Perhaps this is more noticeable to me as I visit every few months. Believe me its a very wise investment providing you get the construction right, meaning hands on.

 

3km down the road a new call center is opening so maybe there will be clients from that place. I spent 18 months looking and for me and my family it was the best option.

[sonjack2847]

20 hours ago, Dave Hounddriver said:

I noticed the same thing in Moalboal yesterday.  The touristy part is growing at a super fast rate and the prices are going up.

Dalaguete(on Cebu island) is becoming the same way.You would have a hard time getting land there at a decent price.A friend had to pay 1k psm up in the hills the place is going to be very good in 10 years but at the moment it is nice to visit but boring to stay there.Many people want to leave and come here.

[RBM]

4 hours ago, sonjack2847 said:

The construction costs are 15k per square meter.There are incidentals like permits and deposits for electricity,water which have to be added.

Kev seems an extremely competitive price, we paid around 17k some two years ago. 

Knowing you I am sure the contractor has been well checked, so many rip off construction guys around. We had to fire our engineer into the second month, just blatantly ripping is.

 

[Jollygoodfellow]

5 hours ago, sonjack2847 said:

3km down the road a new call center is opening so maybe there will be clients from that place. I spent 18 months looking and for me and my family it was the best option.

They will be looking for furnished or at least semi furnished most likely. 

[sonjack2847]

1 hour ago, Jollygoodfellow said:

They will be looking for furnished or at least semi furnished most likely. 

Probably but we can cross that bridge when we come to it.I have found a few very reasonable furniture makers here.

[Jollygoodfellow]

1 hour ago, sonjack2847 said:

Probably but we can cross that bridge when we come to it.I have found a few very reasonable furniture makers here.

Is the bridge in the garden that we will be crossing and do the furniture makes build bridges as well?  

[sonjack2847]

30 minutes ago, Jollygoodfellow said:

Is the bridge in the garden that we will be crossing and do the furniture makes build bridges as well?  

You know the locals they are specialists in everything.

[Reboot]

On 4/4/2018 at 10:48 PM, Dave Hounddriver said:

I noticed the same thing in Moalboal yesterday.  The touristy part is growing at a super fast rate and the prices are going up.

The country in general seems to be ballooning, as are the real estate prices.

[Old55]

I’ll have you know that our family has a small Japanese style bridge in their garden. 😏