Investing in real estate and retiring in the Philippines
Thursday, 15 November 2012
Tuesday, 13 November 2012
Beach side living for $ 200,000 and less
Living in a upscale beach development for $ 140,000 and up is
now possible!
About
villa waterfront beach estate & resort
Villa
waterfront beach estate & resort is a two hectares beach side development
in Dauin - Dumaguete, Negros Oriental, Philippines. The beach development offers
European standard beach, ocean view and near beach houses, villa's and condo's
for sale/rent in a upscale tropical beach estate that will be the no 1 beach
side development in the Dumaguete /negros area.
The beach
villas / houses
Luxurious
two, three and four bedroom beach villas and houses built to European standards
and set on private and tropical landscaped gardens with privacy and open space
being one of the main factors of the beach development. Owners can use there beach
house / villa as a permanent residence or as a tropical vacation house and an
investment property that gives them opportunity to benefit from rental income.
The beach
condos
Luxurious two and three bedroom beach condo's with a
stunning view of the estate and the ocean. The villa waterfront beach condos
will set new and not yet seen standards for condos in Negros Oriental. The condos
will be constructed in the 3th phase of the development. (Construction may
start earlier, depending on the off plan demand and sales)
Investing in real
estate and retiring in the Philippines
For many Australians,
Americans and Europeans retirement time is just around the corner. At their
home country, with low interest rates and high cost of living, the prospect of
trying to live on a pension, in old age, is a daunting one unless they are
prepared to substantially downscale your lifestyle. For some, moving to retire
in another country is an option which has been successful in the past with
Spain, Portugal, and Mexico etc. being among some of the more popular
destinations. But in the last years the Philippines has become a country to
consider also.
The cost of living in the Philippines is significantly lower than most other country's cost of living. The exchange rate of Philippine Peso is approximately 41 to $ 1.00 or 53 to 1 euro. Food, Housing and labor costs are very reasonable. A One bedroom condominium can be purchased for less than $ 100,000 or a beach house in a beach side development starting from $ 150,000. Dine out on average at a three star restaurant for less than 500 pesos. A private driver’s salary is approximately 8,000/month, while trained housekeepers earn approximately 6,000/month.
The cost of living in the Philippines is significantly lower than most other country's cost of living. The exchange rate of Philippine Peso is approximately 41 to $ 1.00 or 53 to 1 euro. Food, Housing and labor costs are very reasonable. A One bedroom condominium can be purchased for less than $ 100,000 or a beach house in a beach side development starting from $ 150,000. Dine out on average at a three star restaurant for less than 500 pesos. A private driver’s salary is approximately 8,000/month, while trained housekeepers earn approximately 6,000/month.
Cable Television, Hi-Speed Internet and Satellite Communications are cheap. A retirement income of $ 1500 (php 60,000) can go a long way considering that a provincial Governor’s salary is only about 35,000 pesos per month, and a Presidential Cabinet Under-Secretary earns something like 45,000. So, with a retirement income in the region of $1,500 you can live quite well in the Philippines.
The Philippines offers affordable real estate and good investment opportunities for those seeking a retirement haven. Therefor the Philippines has become a country to consider for retirement also.
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