SOLD** VALENCIA APARTMENT COMPLEX

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SOLD

Valencia Apartment Complex for Sale

Cash in on the booming rental market of Dumaguete City and Negros

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Dumaguete City is one of the fastest growing locales in all of the Philippines if not the whole of Asia. chaussures nike femme 2017 Bolstered by the recent attention caused by articles in both Forbes Magazine and Yahoo ranking Dumaguete City as one of the top five best places to retire to in the world, “The City of Gentle” people has become a much sought after destination. acheter newbalance en ligne With that almost overnight popularity based on sound fundamentals to sustain the long term growth, the one problem that has loomed is where the influx will live. The typical demographics of the market are older financially stable males with a steady pension income and some savings to supplement their lifestyle. puma pas cher They do not necessarily have the cash to invest in a real estate property of their own, nor do they particularly want to. what they are looking for is a nice, clean, safe and easy to maintain small apartment or house within the ten thousand to twenty-five thousand pesos per month range. Problem is there are not enough of these units available to satisfy the demand and as the demand is sure to continue to increase, there is very little relief in sight . ugg pas cher At the asking price of 7.8 million pesos and a yearly gross revenue of 900,000 pesos ( which will rise considerably over the coming years) this investment property will boast Returns on Investment in the mid teens when property appreciation is considered. acheter newbalance en ligne

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The beauty of this Valencia apartment complex for sale is that you will be stepping in with a proven money earner which has already been 100% fully occupied for the past 2 years and has uits that are attractive and priced rate for the market. this income property consists of seven single story cottage type rental units on a beautifully landscaped 1500 square meter lot, in the Dumaguete mountain suburb of Valencia. This municipality is extremely attractive to foreigners as it boasts a more laid back relaxed atmosphere where the higher elevation provides a cooler more temperate climate yet still being only a 20 minute drive to all the amenities of the larger urban center of Dumaguete City.

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To view this Valencia apartment complex, please contact us at info@philippine-investments.com

Valencia Apartment Complex for sale Details:

1 – three bedrooms and two full bathrooms (100 square meters);

3 – 2 bedrooms and a bathroom (80 square meters);
1 -1 bedroom and 1 bathroom (70 square meters);
2 – studio apartments (40 square meters).
land area – 1500 square meters
Price – 7,800,000.

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