Hectares For Sale In The Philippines - Page 2

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Hectares For Sale In The Philippines - Page 2


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  #11 (permalink)  
Old 16th September 2017, 09:40 PM
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Originally Posted by bigpearl View Post
Hi Tamad,
Firstly welcome to this forum, hope you enjoy.
I hear what you are saying with land prices in and around San Juan especially beachfront but our experience differs from yours as we looked for 3 plus years before purchasing.
San Juan beachfront property has escalated dramatically in the last few years, earlier this year when we did eventually buy it was not in San Juan as vacant lots were between 6 to 15K
per square metre,,,,,,,, negotiable, not ideal for us as we didn't want 200 to 800M2 but larger and available properties were in what I would call "not nice situations with multiple problems" and we believed them to be well overpriced but there is another story to the reason why, that I won't mention here.

Our choice was to buy a larger lot, absolute beachfront in a quiet area but still close enough to shops and wet market. Bacnotan (20 minutes north) it was and property prices are well valued there.
In our case 3.5 kilometres from town on the Luna road, 1,700M2 titled lot, 800M2 tax declared lot (to the high tide mark) @ 5.75 M so PHP 2300 per M2.
The bonus was the improvements, power, deep well and pump, 5kva gen set, established garden, fenced and wow, a 3 bed 2 bathroom rendered 6 year old home on the beach etc. not sure how to work those advantages into the square metre rate but for us it was a no brainer as San Juan is now too busy, developing a great tourist trade hence the price rises.

I think it's all relative as to what conveniences and the inconveniences to your chosen area, family for us played a big part (Banks Poro) 40 minutes drive.

We didn't buy hectares as the OP mentioned but this is just an example that well priced property is out there as long as you spend the time with research and as we all say, "boots on the ground".

Good luck with your search Aussie Guy.

Cheers, Steve.
That sounds great Steve and a good price, but still light years away from the OP looking for beach front lot in the range 20 to 50 pesos per sq.m.
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Old 16th September 2017, 10:09 PM
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That sounds great Steve and a good price, but still light years away from the OP looking for beach front lot in the range 20 to 50 pesos per sq.m.
I agree Dave but stranger things have happened especially in PH; Perhaps the OP could look on the east coast up north and find a bargain, battle the typhoons and distance to services.

Cheers, Steve.

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Old 16th September 2017, 11:18 PM
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Originally Posted by Tamad.Buko View Post
Hi Steve, I know that area. It's okay if you have your own wheels, but it you don't, it could be inconvenient. Guess you can catch a trike or jeepney, but again it boils down to convenience. P2300/sq meter is pretty good.

Cheers,
Tamad
Hey Tamad, convenience for us is outweighed by cost and location. What we purchased in Bacnotan was 15 to 20M PHP cheaper than an equivalent property in San Juan (20 minutes away) or Urbitztondo based on property prices and experience there. If you are into tourist areas go that way and pay the bucks but as said we want a quieter life without the Karaoke, roosters crowing, burning the days rubbish in the street etc.

The savings on convenience? A no brainer as these will buy a car and a couple of motorbikes with plenty of change to develop the property, travel and enjoy. Jump on the bike for 5 mins and we are at the wet market, jump in the car and we are in Manila in 5 hours, lunch in Vigan city or Bagio 2 hours. Yes we can walk 500 metres also and catch a tricycle, jeepny or bus into town or call one of the many drivers for a pick up for an extra 5 or 10 pesos.

Tamad and readers, I know this is a little off topic from the original post but still talking land prices though smaller lots, absolute beachfront, the access is from the back of the property, no road in front. Our 150M2 house would cost 20K per M2 based on what we purchased and building costs in the area not including other improvements. So the land now is down to PHP 1,100.00 per M2 less with fences, deep well etc. Why would we spend stupid amounts of money to be in San Juan with dirtier grey beaches and a bunch of tourists? Utopia? Time will reveal all. Definitely a better investment in San Juan as our property will not rise in price as it will there but we saved in the beginning and hope to enjoy.

Cheers, Steve.

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