Property Details


  • rental cottages for sale
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  • rental cottages for sale

Property ID : 14502

For Sale, Sold [SOLD] - Income Properties, Investments
350 sq m 4 Bedrooms 2 Bathrooms  Add to Favorites Print

Rental Cottages for Sale

Bacong, Negros Oriental

These rental cottages for sale will be a good income generating investment property. They are located in Bacong, Negros Oriental, a few minute walk from the beach and a five minute drive to Robinson’s Mall. The property has 2 of 2 unit with 2 bedrooms and 1 of studio type rental home, and the owner wants to subdivide the rental cottages for sale off of the whole title and sell them seperately. Each 2 unit building will be sold with the land they sit on plus some area for parking in front of each one. Rental income per units is currently at 12,000 pesos per month, with plenty of room for future increase. all units have a long history of almost full occupancy. At their current rent level, a buyer can expect an approximate return of 9% on income lone, then another 2-3% in property value appreciation.

Rental Cottages for Sale Details:

  • land area – 350 square meters +-
  • unit size – 2 x 50 square meters approx
  • location – Sacsac, bacong
  • Price – 2,950,000 per 2 unit block

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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.
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