Townhouses for 1,250,000 pesos

3. 12. 2014

The real estate market in Davao is in motion. Now there are the low-priced real estate providers that have been run with success  its concept already in Manila or Cebu .

Some weeks ago  the company JOHNDORF VENTURES came first. It offers  very interesting designed townhouses,  a 2-storey building with an attractive facade in the “Portside Davao”. In total, a townhouse has 52 sqm and a lot of 44 sqm. In the first floor there  are living room, kitchen and bath room. In the 2^nd floor are 2 sleeping rooms. That’s all. And the price is really unbeatable with about 1,250,000 pesos.

At a cost of about 24,000 pesos / sqm, it is also really cheap. Other construction companies start from about 55,000 pesos / sqm. It is necessary to consider that these other  houses are also in a much quieter and more  expensive location.

The  company will pack ca. 420 townhouses on the 2.7-acre plot. It will be really close-to-close. The lot is near to the Davao airport and depending on the wind position you will get the aircraft noise – some times. The company has perfectly calculated the demand for  its townhouses: More than  35% are  already sold  within 14 days off the plan. A real low-cost house with conversion possibility. Not only Filipinos have bought , but also a lot of foreigners who want to have a rest house in Davao.

With best regards

Ludwig from Davao