Philippines Retirement Philippines

Philippines Retirement
 
A few 'secret' places are perfect for Philippines retirement homes; an investment opportunity overlooked by many due to the lack of media exposure.
 
The Philippines is known as an overseas real estate haven; cost of living in the Philippines is about 20% compared with the USA and Europe; for US$ 90.00 per month you have a maid and for US$ 200.00 a private nurse.
 
Many Philippines retirement villages are popping up in places you never read about in the media because it is in a developing stage; prices of real estate are still low however they are going up as we speak.
 
A group of non-Filipinos has started a 40 hectare farm with Pili trees for overseas investment. It is a welcome alternative for the usually offered Philippine investment opportunity; condotels.
 
The group is expanding their business with honey bees for organic honey, raising horses, live stock, flowers and not only the 'bigger players' (they are looking for investors-) can make a good profit but really any expat or retiree who wants to buy a few hectare; this provides for a nice monthly supplemental income.
 
One of their secrets to succes is the fact that they are 'foreigners' who can assist 'other foreigners' in any aspect of starting a business or buying real estate; they think alike.
 
Take a look at http://www.sibonga.com/samar-romblon.htm which gives an overview.
 
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Summary:
- Many expats are looking for an extra income per month to live in the Philippines.
- Many expats prefer a quiet place and fresh air to live (they can always go to the 'sun, sand and party' nearby).
- Many expats do not need the 'expensive luxury homes' offered all over the internet.
 
Together with some other Expats from different countries we try to promote the island Tablas (part of Romblon) in the Philippines.
Why? Because it is part hobby (we live in Cebu, Samar, Butuan and elsewhere) and part we try to earn some from it but the basic idea is that we really believe we have something interesting for anyone who want to retire here without spending too much and even have a nice additional monthly income, unique and not many expats know about this.
Take a look at our webpage http://www.sibonga.com/samar-romblon.htm which gives an overview.
 
The bottom-line of our philosophy is that it seems to be fact that both the Filipino and Foreign Investors/Developers are making a big mistake in thinking that a Foreign Tourist is the same as a foreigner who want to live in the Philippines.
Tourists are willing to spend more money (which they saved-) for a few weeks relaxation.
Too many people think "foreigners are rich so we have to build expensive/luxury homes and subdivisions".
But in reality we (the foreigners) mostly do not have moneybags; we have at best a nice pension that is 'just enough'.
 
We all know Boracay; beautiful beach. About 1 Million tourists per year. But look at it now; overcrowded and high prices.
Read further about what's going on now...
They just started to make an International Airport at Caticlan (5 minutes South of Boracay).
Boracay has (or had) a 'construction-ban' so we do not expect much activity there in the future.
For expansion we could look at Carabao Island (San Jose town) which is 5 minutes North of Boracay and foreign investors have plans to build a 'Second Boracay' there.
That's nice, but prices of real estate are already skyrocketing because of that news; and it will have the same future as Boracay (which is not looking good).
Now look at the island Tablas (30 minutes North of Boracay); it has an airport, the same beaches as Boracay, lots are cheap, and most important; it's quiet. Far from the “karaoke terror”. Fresh air. Some locations adopt the 'zero waste and zero pollution policy'.
 
We are planning to start a 'LOW COST RETIREMENT VILLAGE' there, or 'community' or whatever, for expats like us. Without the expensive pool, without homes like castles, without noise because if you are looking for that you can go to Boracay which is very near.
And the best part is that on the same island Tablas we can grow pili nuts (see the details on our webpage).
An investment of $30,000 in organic pili nuts farming should give $1,000 per month income for the next 75 years or more. (optional pay $15,000 cash, rest per month).
Raising horses would be a nice hobby and tourist-attraction also, or growing 'quick cash crops' or flowers or a bee farm; they all give a nice supplemental income.
Compare that to the condotel-investments...
 
American investors are already building a retirement village at probably the most beautifull beachlot of Tablas but again it is like always a luxury development ($175,000 minimum); however it shows clearly that we have to take action fast as long as prices of lots are very low.
We could form a group of expats and together at least secure some nice beaches and farmland.
After that we can decide what to do with it.
 
If anyone is interested let them email to philippines.consultant at gmail.com
Thanks for your time.