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Property ID : 14487

For Sale, Sold [SOLD] - Family Home, House, Income Properties, Investments
633 sq m 7 Bedrooms 6 Bathrooms  Add to Favorites Print

Dumaguete City Income Property For Sale

This Dumaguete City income property for sale is one great opportunity! It consists of one 3 bedroom house 3 1 bedroom apartments and 1 studio unit, sitting on two clean titled lots totalling approximately 633 square meters.

The main house has a floor area of about 120 square meters with the master bedroom having an ensuite washroom while the two other bedrooms have a common washroom accessed throught he living room. the kitchen is open and airy and is large for a full size dining room table. The ceilings are high which makes everything appear even more roomy than it actually is. This house will come partially furnished.

There are two mirror image one bedroom apartment units that are comfortable in layout and size which the owner gets 15,000 pesos per month rental. the other 1 bedroom unit is slightly larger and rental income is at 18,000 per month. The studio apartment is also roomy and comfortable and rental is at 10,000 pesos per month.

All units have their own separate sub meters which the owner bills the tenants from based on their usage. All rental units come completely furnished including cooking utensils, appliances flatware and bed sheets.

This Dumaguete City income property for sale is a proven money earner with yearly repeat clients and long term clients. the owner currently lives in the main house himself and only rents out the 4 units but still gets 58,000 net revenue per month. It is a good set up for some one who needs their own home plus income, or simply as a no owner occupied compound which would add another 20,000 to 22,000 per month in income. On that basis, this property can net an investor 80,000 pesos per month or a Return on Investment of of just under 10% annually.

Only 10 minutes away from new Dumaguete City Mall opening in August

Dumaguete City Income Property for Sale Details:

  • land area – 633 sqm
  • potential revenue per month – 80,000
  • Return on Investment – approx 10% annually
  • location – Camanjac
  • price – 9,800,000 php (buyer shoulders closing costs)

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Before deciding to look for Dumaguete property , let us introduce you to this paradise . It has been voted the one of the 5 best places in the world to retire to by both YAHOO and FORBES MAGAZINE. To those already living here, the reasons are clear. The best of all worlds awaits you here as there is all the amenities westerners are looking for including top notch medical care at Siliman Medical Center, modern shopping at Robinson’s mall and vibrant nightlife along Rizal Boulevard. Add to that the strong native culture, numerous nationally renowned universities, and plenty of decent dining establishments and you might be content to look no further. But, you should because not only does Dumaguete and Negros Oriental lay claim to world famous marine santuaries like Apo Island, Sumilon and Oslob right off their shore that boast some of the most diverse marine life anywhere, but a short trip inland and you can experience a mountainous rainforest with endless climbing and trekking opportunities. Then should this exotic paradise not be enough for you some days, the national airport in Sibulan will give you quick and easy access to any other destinations the Philippines has to offer. Now that you are convinced that Dumaguete should be your next home, Let us help you find that special Dumaguete property that will satisfy your needs for now and years to come. Beachfront, mountain view, farmland, development and investment property. With or without houses or rental buildings. We have it all and boast the best inventory of Dumaguete property on the market. Call or email us now for unrivaled service and commitment .
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Dumaguete City and Negros Also serving Dauin, Bacong, Zamboanguita, Siaton, Valencia, Sibulan, San Jose, Amlan, and the island of Siquijor .
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