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Posts mit dem Label Johndorf Ventures werden angezeigt. Alle Posts anzeigen

Mittwoch, 3. Dezember 2014

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 2nd 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