Great investment! 3 x one-bedroom rental units for sale panglao - Panglao

Sunday, 16 February 2020

Item details

City: Panglao, Bohol
Offer type: Sell
Price: PHP 12,000,000
Full Square, m²:120
Land Square, m²:356
Floors in House:1


Contact name Angus
Phone 09177082920

Item description

We are offering three 1-bedroomed rental units for sale, set upon a 1st lot of 356 sqm on a Brgy road, adjacent to an access road to Momo Beach, in Looc, Panglao an area which is under tourist development so an ideal time to buy in before prices escalate. Very close to Panglao centre and just 10 mins drive to Alona beach.

2 units are brand new and the 3rd totally refurbished. They all have a fitted kitchen with built in gas hob and wall cabinets. The bedroom has ensuite bathroom with hot water shower. All units have circular concrete outside seating with parasol plus outside washing facilities. Ample offload parking at the front of the properties.

The units have their own deep well water and available connection to the new Panglao water supply when operational.

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 offered for long term rental at P20k - P25k per month giving a possible annual income from all 3 units of approximately P800k to P900k, although short term letting could double the income.

The units are currently being finished, we are actually living in one unit at the moment, so more photos will appear over the next few weeks. Competitively priced for a quick sale we are asking sensible offers P12m for the lot, 3 units including all furnishings and rental business. At the time of posting 2 units are already rented on long term contracts (1 year and 3 years respectively) so a buyer is guaranteed income immediately

For viewing please call Ai 0917 701 8677 or Angus 0917 708 2920
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