Stunning Beachfront Luxury Property with Apartments in Camotes Islands, Cebu

Website: https://christinashouse-camotes.com/
Real Estate Website: https://camotesrealestate.com/
PRICE: PHP 25,000,000
LOT AREA: 2,500 m²
LOCATION: Santiago, San Francisco, Camotes Islands, Cebu, Philippines

★☆★Exchange rate as of September 24, 2020★☆★
PRICE: USD 515.463
PRICE: EURO 442.000

This property can be your dream home, and it can also bring you a constant income from tourists.

AN APPROXIMATE CALCULATION OF HOW MUCH YOU CAN EARN PER YEAR IF YOU BUY THIS PROPERTY AS AN INVESTMENT.

· If you rent only the big apartment in the main house and a small apartment in the third house, you can realistically expect around 12.000 -15.000$ per year.

· If you decide that you rent also your owners’ part of a house a few months of a year when you are not in the Philippines, you can earn an additional 30.000-40.000$ per year.

· All together 42.000 to 55.000 a year. Of course, we should deduct expenses and taxes, but this is a good return on investment, and you can enjoy this beautiful place whenever you want.

There is still one significant fact: they are already building an airport on Camotes which will be finished next year, a 6-star hotel, golf court, and many other touristic objects, and real estate prices will increase from year to year – at least 10% yearly.

Of course, this house is for somebody with money. It’s still not cheap even the owner reduces the price from 37 million to only 25 million. But compare this investment with keeping cash at the bank with no interests or even with negative interests.

And remember: we live only once, and we will not take anything with us in another world.

INFORMATION ABOUT PROPERTY AND HOUSES

It is located near a top-rated Santiago beach, app. 10 minutes’ drive from Consuelo port. Lot has 2.500 m² (26.900 ft²) and has direct access to the white sand beach under the house.

On the property are three houses and an infinity swimming pool with a waterfall.
The main house has an inner surface of 400 m² (4.300 ft²). Most of the house is the owners’ private part on two floors, but it is also a two-room apartment that owners rent for tourists on the ground floor. If you look whole property from the entrance is in front of your owner’s house, on the right side is the caretaker's house with a garage, and on the left side is a garage with an additional little apartment to rent.

CARETAKERS' HOUSE has an inner surface of 61 m² (665 ft²). It has a large living room with a kitchen and dining room, two bedrooms, a bathroom, and a large terrace.

You have two options with this house:
· you can live caretakers in a place in the future to take care of the property,
· or you can rebuild this house for another two-bedroom apartment to rent to a tourist and bring you additional income.

I would also like to mention that owner of this house bought a little lot in the mountains which you’ll get together with this property. There he built a deep well with a strong pump. He also installed pipes from this well so that you always get a lot of fresh mountain water for your use, for watering garden, and swimming pool.

APARTMENT which you can rent. The entrance to this apartment is from inside the house and also from outside so that your guests are separated. The inner surface of apartments is 55 m² (591ft²).

It has a large living room with a dining room and a fully equipped kitchen. The apartment has two rooms, a big bathroom, and a terrace.

Here I would like to emphasize that this apartment has the highest ratings from guests on booking websites. This means that booking sights rank this apartment very high that's why it is occupied a big part of the year.

THE THIRD house has an inner surface of 61 m² (665 ft²). In this house is a garage; behind the house is a 6,5KW generator. Inside is another small apartment to rent and to increase your budget. This apartment is very popular for tourists with a smaller budget.

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Website: https://christinashouse-camotes.com/
Real Estate Website: https://camotesrealestate.com/
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