Property search

Hi all

been looking at a lot of the classifieds around Dumaguete, lots and lots of real estate for sale, wondering if anyone here is selling up be it land, beach-house, beach-lot seems to me most of Valencia, Bacong and Dauin is for sale, Sure a share of the listing are bogus and other with the titling nightmare or just tax dec only.

Wondering if any here are thinking about or indeed selling, I'm looking for just myself and the family a private transaction not trying to scalp land or anything like that, not looking for agents

 

Yes there are plenty properties for sale, much of those at very opportunistic asking prices though.
The number gets a lot lower if you exclude those where the owner is in no hurry to sell or even willing to negotiate.
The casual observer might then think half a town is up for sale, but the percentage where a seller would be willing to sell at a realistic price is probably 15% at most (my estimate).
Oh and just because you asked: my (really nice) house is for sale also if you're willing to pay 14 mln (true value closer to half that).

 

Hi,
We recently decided we would sell our beach property (developing another). No damage from Odette. Wife is the only name on the title. Below is a link for pics and details. Feel free so send a message if you have questions.

Https://Facebook.com/story.php?story_fbid=4430499933652036&id=100000762187439&sfnsn=mo

 

Nice roof!

 

Guessing you know what it would look like if I had a drone shot.
Set up for when Google updates their picture.

 

Buyer Beware, the majority of houses built here are done in Concrete Hollow Blocks, most suffer the same problem and that is; the steel within these blocks has no protection below grade level (under the soil) blocks are no where near waterproof (in fact they absorb water like a sponge) and mostly below grade they are stand alone without any rendering to them, so these houses are about as much good as an Igloo in the Sahara Desert, OK that is a bit of an exaggeration they do not erode that fast likely to be 20 years plus before the cracks form, Septics tanks they are the first to fail in around 10 to 15yrs if made in CHB, even when rendered on the inside they are never done outside? then we have the new methods in which to build in Pillar and Beam with CHB as infill, Skinny Cosmetic Pillars and Beams hidden from view, these houses look just dandy with nice plain even walls, but are no better than a house made with just CHB's without P&B's.

Admittedly there is a few great looking houses here tastefully designed, but they will all Suffer from the above problem eventually, Fecking sponge cakes frosted over to look like Wedding Cake.

 

This sound like something we would buy...but you can keep the fighting cocks...

 

I am still surprised at the asking prices for farmland here. As soon as there's reasonable access the prices go through the roof in comparison to elsewhere.
Compare France (6000€ per ha, or around 350,000 Php), or USA (around 3000$ per acre, or 7500 per ha, 375,000 Php).
Obviously at least part of the reason for the huge price difference is the total lack of zoning enforcement in the Philippines, which means people can basically build a house wherever they like, whereas in Europe you can only build a house on farmland if it is to replace an old farmhouse.
The other side of that coin should logically be that the average price of residential lots is subdued by the alternative of building on farmland. Lately there has been very little evidence of that though, the prices for residential land have exploded in the last 10 years or so, at least locally.