Great investment opportunity - three x one-bedroom rental units for sale panglao - Panglao
Friday, 1 March 2024
Item details
City:
Panglao, Bohol
Offer type:
Sell
Price:
PHP 12,000,000
Bedrooms:3
Bathrooms:3
Full Square, m²:120
Land Square, m²:356
Floors in House:1
Item description
We are offering three furnished 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.
All 3 units have a fitted kitchen with built in gas hob and wall cabinets. The bedroom has ensuite bathroom with hot water shower; circular concrete outside seating with parasol, plus outside washing facilities. Ample offload parking at the front of the properties on 'lot-owned' land.
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.
The units usually attract long term rentals at P18k - 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. Rental levels during COVID have dropped, although we maintain tenants.
We invite offers on P12m. (pre-title price).
For viewing please call Angus and Ai on 0917 708 2920
All 3 units have a fitted kitchen with built in gas hob and wall cabinets. The bedroom has ensuite bathroom with hot water shower; circular concrete outside seating with parasol, plus outside washing facilities. Ample offload parking at the front of the properties on 'lot-owned' land.
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.
The units usually attract long term rentals at P18k - 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. Rental levels during COVID have dropped, although we maintain tenants.
We invite offers on P12m. (pre-title price).
For viewing please call Angus and Ai on 0917 708 2920
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