3 Rental Properties for sale. Panglao, Bohol, Philippines. Immediate income. P8.95m

QUICK SALE PRICE FOR Jan to June 2025 ONLY. LAST PRICE P12m. See also ad at LaMudi.

We are offering 3 x furnished 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 and Panglao International Airport.

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 is fitter with aircon and has an 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. Rental income long term (6 months or more) achieves P15k-P18k per month. Shorter term (our minimum is 3 months) P18k to P22k per month. Shorter term letting could more than double the income.

The Title documents are complete and approved by the DENR and ready for titling.

We are offering all 3 at P12m for a quick sale - to include the lot, 3 units including contents and rental business. All costs are for the buyer. Terms negotiable

For viewing please call Angus and Ai on Contact the Seller