Property ID : 14025
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[SOLD] - Income Properties, Investments
Income Property for sale
Stable income potential with high ROI
This income property for sale consists of two well designed and constructed duplexes with a pool, sitting on a beautifully landscaped 1294 square meter lot. The two duplexes each consist of two 2 story rental units of approximately 120 sqare meters each of floorspace including terrace (total building floor space of 480 square meters). The rental units have been consistently leased at about ninety percent occupancy from the day construction was completed just over a year ago and each unit has rental sum is 20,000 pesos per . The property boasst a relaxed country setting on a main barangay road of Bacong with a beautiful mountain view.
INCOME PROPERTY FOR SALE DETAILS
- swimming pool
- fully furnished
- air conditioned
- second floor terraces
- full kitchen
- price – 12,700,000 php – Closing costs to be paid by buyer
estimated rental income – 20,000 php/month per unit
To view this income property for sale contact us now!
Are you thinking of buying a
property in Bacong? If so, we are the people to help your dreams become a reality. With dozens of quality listings, big and small , either houses or lots and within all price ranges, there is no other real estate brokers in Negros Oriental that can give you as much selection. And best of all, every single on of the brokers affiliated with us are dedicated to giving you top level , knowledgeable and transparent service.
If you are not fully aware of what Bacong is all about, let us give you some basic information. Bacong is a small ocean side municipality just on the outskirts of
Dumaguete City along the Soutern National Highway. It boasts attractive beaches to the East and coastal mountain foothills to the west, so if you are looking for ocean front or ocean view property, you will be able to find either here. Another selling point of property in Bacong is that even at its most Southern boundary, you will find yourself only 15 minutes away from Robinson's Mall in Dumaguete.
To give you an overview of the property market in Bacong, beach lots typically run approximately 2,500 pesos per square meter for large tracts of land and 5,000 and up for smaller plots ideal for a single family residence, however those types of property are very scarce. To purchase a lot close to the beach on the between the ocean and the National Highway, you will find a wide selection of smaller sized lots which are typically priced at 1,500 to 2,500 per square meter. On the mountain side of the highway, land is considerably cheaper and you can find deals anywhere from 300 pesos per square meter to 1,000 pesos per square meter depending on the size and ease of access to the property. If you are looking for a house and lot in Bacong, there is usually plenty on the market ranging from about 3.5 million pesos for simple single family homes to upwards of 15 million pesos for some custom build beach houses.
