One World Realty » Blog Archive » Real Estate Investment: Buy A House and Lot

Real Estate Investment: Buy A House and Lot

4 July 2009 802 views 6 Comments

As a certified real estate broker, I have been asked by a friend to help sell their house and lot located in Victorias City, Negros Occidental, Philippines. Victorias City is home to Victorias Milling Company, one of the world’s largest integrated raw sugar mill and refinery complex and the biggest in Asia.

I have personally visited the place and I like the house and lot because it already has fruit bearing trees and a nice picnic area overlooking the river.

In this time of recession and global financial crisis, real estate is a sure investment, because when the economy recovers, prices of real estate appreciate, giving more value to the owner.. The secret, which is no secret at all, is to buy cheap during recession, and to sell high during recovery.

Here’s the description of the property:

Lot Area: 1,447 Square Meters;

Floor Area: 205 Square Meters.

Bungalow type, 2 living rooms, dining room, kitchen, 5 bedrooms, 2 Toilet & Bath, Attic (convertible to 2 more bedrooms) and garage.

Large lawn (front and back), with fruit bearing trees like lanzones, Indian mangoes, chicos, coconuts. Big palms like Madagascar and torch, fox tail, champagne, and blue palm. Many kinds of flowering plants.

Location: Canetown Subdivision, Victorias City, Negros Occidental,
walking distance from Entrance gate of Canetown.

Price: P 2.3 Million only.

If only my funds are not tied up in my other real estate investments, I will surely buy that kind of property, to add up to my portfolio, since at the price of P 2.3 M., it is very cheap. It is not always that you can get such a low price for such a prime property.

If you are interested, just contact me in the Contact page, or leave a comment below. The owners also welcome Licensed Real Estate Brokers or Realtors.

Here are pictures of the property:

6 Comments »

Parham said:

It’s a good house. If I am just living in Victorias City, I would invest by buying it. Unfortunately, I live here in Manila. But you have a good blog.

# 6 July 2009 at 2:36 am

one world realty » Blog Archive » What Is The Best Financing Options In Buying Your Home? (author) said:

[...] Real Estate Investment: Buy A House and Lot – 50 Views [...]

# 15 July 2009 at 6:30 am

Stagingworks said:

I hope the house will get sold very soon with the best price possible. It looks simple, green, and peaceful. It will be a nice choice to live in. From Home Staging Service Professional

# 22 July 2009 at 2:26 am

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# 30 December 2009 at 2:40 am

Romy said:

Hi,

I am looking for a 500 sq mtr to 700 sq mtr lot in Victorias City but not in Canetown subdivision. My ideal place is near the collesium, the one along the highway or nearby subdivision.

I am working here in Abu Dhabi and I’ll be coming home in June 2010 only for 20 days. If possible you can give me qoutations for this specs.

thanks.

Romy

# 12 January 2010 at 9:01 am

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The author of http://www.oneworld-realty.com has written an excellent article. You have made your point and there is not much to argue about. It is like the following universal truth that you can not argue with: You can always find a flaw in anything. And you probably will. Thanks for the info.

# 23 January 2010 at 7:08 pm