A CONDO TOUR / A CONDO FOR SALE in MACTAN NEWTOWN
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- čas přidán 10. 06. 2021
- Here's a condo tour of a condo for sale in Mactan Newtown Cebu. Is buying a condo a good investment in the Philippines? Condo living in the Philippines is popular, and a A 1 BR condo in the Philippines is now on rush sale. Don't buy a condo in the Philippines before watching this! Real estate in the Philippines can be lucrative, but the dangers of buying real estate in the Philippines can be hard to spot. With real estate in Mactan Philippines in demand, welcome back JR Coca to guide you through the maze! @TheFilipinaPea
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👉My videos and the effort I put into them are 100% free for everyone to enjoy, and all I ask is that you leave a thumbs-up on any videos that you like and subscribe to my channel - I have never, and will never, ask you for anything else. For those of you that still wish to support my channel further, however, I’ve posted my links below. Thanks!
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Great video 📸 i hope there's a Jollibee near the condo.
Helle pea,if I may asked u,what is your opinion on staying in magtan or cebu I.T .park.Paul and Gio vloggers who are staying in Magtan are having great views of the town itself.Tentals seem to be cheaper in Cebu than Magtan Newtown.Thank u for a great video. Jah bless u.
That condo is a great size for me to have my side dish away from my wife, my kids and her family.
What is the HOA fee per month?
Amazing job always love how you give great information
Condo dues and HOA fees are usually the big problem with condos. They never stop, and always go up.
Yea I had a condo in Seattle and the fees plus the improvement add ons became more than the monthly payment on the loan.
They don't have a HOA its controlled by the builders which can raise your dues anytime they want..
I never had an issue with that. Then again the condos I bought were already tenant occupied. So if they do raise the HOA fees then that means that I have to raise the rent.
Comosta 〽️z. Peå interesting annex into realestate ✍🏼, I recall a celebrated Singer , David Lee Roth’s response to what he thought what condoms were, he thought they were shoreline investment properties 🏆 ✨🤣👌🏻
Maging Osha ✨🌺🙏🏼😉
That depends where you live. On the West Coast, particularly California, people are willing to sacrifice more of their budget and pay insane prices for housing.
I don’t live on the West Coast and the Condo Fees and HOA’s in my metro area typically under $200 a month.
JR is a very knowledgeable guest. Hopefully we will see more of him on upcoming videos.
Pea, you always do your homework. Your videos are well thought out and well organized. In America, many of us prefer to live in the "suburbs" rather than high-rise condos or remote areas in the country (provinces). Maybe you and JR could feature some houses in gated communities in future videos?
Great job Pea! Good to see you still keeping the content fresh! Waiting to come back.
I try to never repeat myself - thanks! 👍
Speaking from someone that's from America I find this property on the condo very small and the prices are as high as it is in America although I know there are other condos out there that are cheaper and probably have more room I've seen these myself, not to say that it's not nice it is very nice but the price is outrageous, for one thing I only seen a swimming pool does it have a gym does it have a recreation place. But still very interesting and if you possibly can do more videos on condos because I think there are some that are a lot cheaper and price, I appreciate your video it's a real heads up and understanding please continue to do more videos like this because a lot of Americans love to know the living areas like condos thank you very much you're very lovely as always
I totally agree with what you are saying.
yeah ~$250 per square foot for something this simple is quite expensive
Don't Buy here we have condo unit there it's a defective units until now they not settle yet they love to scam foriegners ...
Too expensive
Kudos for getting another credible knowledgeable guest, Pea! Such wonderful info, particularly for those from the west who are contemplating a move to the Philippines and who have no clue about how different it can be there compared to their own country. Have seen Gio and Paul's videos who are renting in the same area. Just like purchase prices being depressed, seems rental rates are too...for the moment at least. Gonna be interesting to see whether there will be a pent up influx of foreigners once things completely open up over the next year.
@Pea great video thanks for sharing.
It's always good to see JR again.
For a couple like us with our primary residence in US this small but affordable condo would be a viable choice considering it's legal to rent out while not in use.
We walked by the development when we were staying at Shangri La. It's also easy walking distance to Lapu Lapu park.
I really liked the area for sure! 👍😊
I do love that area, I know some people living there. That has great amenities for sure. Would be great for someone to use as vacation spot or new westerner to have. Thanks again for all the hard work. JR is very talented individual. I’m sure he is the person to contact for real estate and visa questions. Thanks again Pea for all the hard work. Continued success and best wishes!!!
Thanks Mike! Yes, it’ll make someone a good home base 👍
JR is always a good guest. Thanks Pea
Yay, more JR. 👍
38 m2 for 85k USD... umm no Too small and they're asking way too much. There's definitely better deals out there. Thanks for the video Pea. Please show more :)
Don't buy here they selling defective unit ..
I've seen some other condo review videos of Mactan Newtown, it definitely is "bubble living" compared to much of PH, but for a foreigner visiting long term (or permanent relocation), settling in here wouldn't be as much of a culture shock as say....moving to the provinces! Places like this makes sense for some, but not everyone. Personally, I would probably rent a condo like this instead of buying simply because there are other places in PH I would want to stay for a few months at a time. I can definitely appreciate the modern conveniences it has to offer, it's what I would prefer when retired.
That’s a very reasonable way of describing it, OJV 👍😊
heres an idea,, buy a condo,, rent it out . use the income to roam all over the country. when you are old and tired .. you still have the condo to live in..
Great info Thanks JR
Excellent informative content pea,thank you so much!
When I move into my new condo, I hope I find a Pea in the closet.
I can’t guarantee that, but I can promise the next best thing - I’ll come over and pee in your closet 😂
@@TheFilipinaPea LOL
@@TheFilipinaPea Hahaha!!!
I know right!
@@TheFilipinaPea that will go well into the fetish
At $225 US per Sq Foot plus all the other fees, that is no bargain compared to current US crazy prices. Most houses in the US would have closest with more space than that unit. I would be downsizing moving from my RV to it. On top of that, I don't consider the PH an "investable country". I hope to come to the PH, but I would be a renter of a much larger unit. I'm just wondering who was the target buyer when the developer built those units.
There's cheaper condos. Mactan is the upscale district of Cebu. Like Makati in metro Manila. Think about it like the uptown art district of a major U.S. city. There are definitely far cheaper areas. Yeah, if someone only prices apartments on 5th street in Manhattan then thinks there's no way they can afford to live on the U.S. that's definitely wrong
@@bretroberts950 $90k isn’t much money. $90k for that property is a fool’s venture…not to forget it is motivatedly priced.
As Bret says Cebu City is a major city and you're going to pay major city prices. There are loads of high end Condo's there and they sell quickly,in more normal times at least. Plenty are bought as rental properties. They do vary in quality though, I've been in quite new ones already looking a shabby and with poorly-fitted kitchens and bathrooms,the more expensive ones are really,really nice and probably better quality than new-builds in Britain right now.
Agreed.
@@bretroberts950 that comparison is out of place. Apartments in Manhattan are priced based on the income demographics of the local citizens. Mactan condo price seems to target only foreigners. I have a suspicion that was not their intent, but one thing I have learned from watching Philippine businesses and government is that they don't know how to market things to get maximum prophet. They have very short sighted goals. They focus on gaining as much prophet as quick as possible and never give a thought on long term. The local 1% would buy a house to live in, not a condo.
thank you so much! only mid 40's but i like to plan ahead. Lived in Pampanga for 6 months in 2018 & love the country
Eye opener for sure thanks Pea God Bless ❤️
Nice video, FP! Although the condo isn't very big the price is very reasonable. The area kind of reminds me of the Greenbelt section of Manila. Also, in America we are not used to just seeing a hot plate with no oven. Good job and thanks!
Yes, westerners love their ovens! But they’re very rare here 😂
Very nice vacation condo. However, the size isn’t practical for long term living.
Asian housing does tend to be much smaller than we're used to, Condo's in Singapore are tiny.
@@dave8204... This is NOT typical of 'Asian, housing,' and the video is not about a condo in Singapore, but it is also not comparable to any condo in the West, especially at this cost.
At best, I'd say it's China's way of developing housing for future Filipino / Chinese renters at the expense of today's investment-owners from the West. Come back and see who's living/renting there in 10 years... and then again in another 10 years, see who's flag is flying over the Philippines, if trends don't change.
Great job Pea! This video is the reason I always call you a doll. Just a great personality and sweet. Thank you
Thanks so much, FL 👍❤️
thank you very much for your honest info. most people do not give the price. I really appreciate your honesty. thank you
I can not live in a closet sandwiched among hundreds of other closets no matter how many amenities I am 'privileged' the use of.
Yes thats just way to small. Like living in a sardine can! Should be a minimum of 800 sq. feet.
Yeah but thousands of western people already living in mini house check it out
Thanks for the great tour Pea! i really enjoy having you in my life :) virtually, anyways :)
And I appreciate having you in mine 👍😊
Great information from both of you. Thanks, Miss Pea.
Thanks as always, Dragon 👍😳
Great Video. Thanks i have learned so much from you all the best CHEERS JEFF P.S I would love to see you in that condo.
If I'm on a bed with a Filipina, the last thing on my mind is going to be property taxes 😉
Right unless your actually working towards a potential sales commission presenting yourself in a professional manner such as her often helpful & most informative guest .
@@robbyrose6904lol simp
@@robbyrose6904 Hi Mr. Simp
I could never live in a place like that though. I want a place where I can plant a garden and have some chickens around. I am just not a city guy. I am used to 8' ceiling height. 10' be nice and I wouldn't feel like I am having to watch my head. American size queen is the bed I need. Otherwise, beds can be a bit short heheheh
We bought 550 meters and built a three bedroom two bathroom western size rooms and kitchen covered patio and carport all done 55000$ Canadian. That gives lots of room if you have any questions about our building experience please don’t hesitate to ask we had the best local people just a great experience to be honest
@@kevincrawford695 where did you build?
Yes what area did you build? And was that cost start to finish?
Hi sir Robert 🙂
Im selling farm lots and residential lots here in philippines, Let me know if you're interested 🙂
No response given to anyone, so I'll assume there's little truth to what 'kevin crawford' boasts.
Pea, thanks for another very informative vlog. as always well done.
Great and educational as always. Its small but when you have that weather there its perfect if single or a on the go couple. Seems every video you do you get even prettier. Your such a goof to.
I’m definitely a goof, yes! Thanks 👍😊
It would be interesting to see a floor plan of the condo with room sizes included.
Good for those that enjoy the convenience of having everything close by. For me I would prefer a house and yard with a dog or two.
I think most people would, but foreigners can’t own land here, so that poses a problem 😔
And, perhaps a rose garden with a white picket fence?
I want a condo with a Gym included and available. 🙏🏽
@@TheFilipinaPea if a foreigner marries a Filipina can they own a house together?
@@AndyMorrisArt Yes, even if the Filipina give up her (or in those cases, his) filipina citizenship they can still own 1000m2 loot in the Phillipines. I married a woman who was born in the Phillipines but was no longer a citizen of the country. We are building our 2nd house now outside Cebu. If she would still be a citizen of Philippines we could (if money where not an issue) own more than 1000m2 under her name.
If you want the details, the guy in the video is the real deal contact him!
Really enjoyed this video great information. Hope you can show more listings in the future so we can see what else is available!
You know pea I been Watching lots of your Videos Now I Fell I know You For Sure That I KNOW You Are Awesome Women You Care About People You Love The Childern Ane The Older People Your Doing A Great Job Keep Going You Will Have Many People Watching Your Videos..
Did you read my mind, I was thinking of possibly getting a place there. Thanks!
I didn’t have to read your mind - you were talking in your sleep 😂
The Old dog has almost a perfect place for me...like another gent said....countryside Comfort-nature and character...and if lucky Love! Condos maybe for the younger crowd.
Yes he really found a beautiful place outside Dumagette!
love the Jean shorts designed by Cucci !
Very informative video Pea. Salamat. You are so beautiful.
It certainly looks like lovely surroundings there but I always feel that condos are overpriced for the amount of room in the unit. I wonder how many owners actually live in their condos compared to how many rent them out and live elsewhere.
I can certainly see that renting a condo while you look for somewhere more permanent to live would be a great idea.
Yup, and whoever buys it should be able to make a nice profit when the virus is gone 👍
Ok im in 22 minutes after post .i need to step it up.lol.
The lovely Filipina Pea is far more lovely than the condo.
I dont think i saw anything in the condo.
But the glass door was ok.
And congrats on coming out of that .lol.
Love ya Pea
Awww thanks, Cliffy 👍❤️
Gracious Pea! I will speak for myself and every man seeing this video. We all loved seeing you sitting there on the edge of the bed curled up a bit 😍🙈🙈
Excellent video! Thank you!
Thanks for watching, Todd! 👍😊
Great video Pea. Good evening there Pea. Take care beautiful lady. ❤🌹
The condo i rented for a month in Davao was eerily quiet. Apparently most units were owned by Chinese investors and sat vacant. Same with a beachfront condo on Samal.: a really dead atmosphere. Id prefer to live surrounded by Filipinos.
Hey Pea! Thank you for taking the time and effort to show us a condo. Not sure if you know it or not but depending on where you live in America you can get a 1200 square foot house for 60,000.00 US dollars. 30 square meters at 91,000.00 just doesn’t appeal to myself. Good luck to those that invest but I can rent a house in the Philippines for less. God luck and God bless.
A little perspective on USA ... at the other end of the scale you can pay US$ 600,000 for a 30 sq metres high-end condo in New York city. I happened to speak to a random guy this morning (sadly not my client) who is purchasing a high-end 4-bed condo in New York city for US$ 6,000,000 ... factors of 10 😁.
If it cost 60k it is in an area where you will get shot or so fat out in the country. What a stupid post.
P this was an interesting video good job. Also your tab is sticking up out of the back of your shirt
I like it when you have JR on your channel giving his up to date, and extremely important information on how to save money and headaches when getting your VISA straightened around and dealing with Real Estate. If I could afford to move to the Philippines I would 1000% enlist the services of JR.
Miss Pea my realtor scout. very good!
I’ll spot ‘em for you guys when I can 👍
Condos always suck for many reasons. I for one would be more curious about the cost of a mountain or beach cottage with a little garden.
Hi sir barry 😊
Im selling farm lots here in philippines,
Let me know if you're interested 🙂
Nice place Miss Pea. Thanks for sharing.
Great video Pea, thanks for the helpful info on property transfer fees and taxes !!
Just a thought for the future...It would be helpful to ask JR about financing options and expected airBnB income (especially since the owner was probably doing this already). Also, I know I speak for others too when I say, it was nice to see you tackle other kinds of videos on your trip to Cebu and Leyte!
Thanks Thomas! The AirBnB rates are between $30-$100 USD per night, depending on season and demand
I’d air Bnb in that place for a month, maybe more more. I would want something bigger-a big porch at least to have people over. That bed looked like it was between a twin and a double honestly. It had a great pool and view and it was clean and nice. I could see a place like that going for $300,000 and more in some cities in the USA, but I recently found a 2800 sq ft 4 bedroom house w 2 kitchens on 10 acres w 3 outbuildings lake front, foreclosed and bank owned for $135,000 for comparison with fiber optic cable access. I know that is comparing apples and oranges but that is how I think about stuff.
if you have flexibility on where to live, why crowd into expensive overpopulated areas. I agree with you
A queen-size bed in that space would cover the floor, leaving no room to walk around it, especially if that 'interior patio door' is closed. And, the floor channel / track for that heavy door... it's gotta be a bitch on bare feet and a trap for high heels. lmao
"Closet"? That space is suitable for maybe a weekend stay... there's no storage at all (where does one even put their luggage?); and no place to put cleaning or laundry products, mop, broom, vacuum, pail... hamper for clothes, shelving for linens, towels, and bathroom supplies.
Guests are expected to roll across a queen-sized bed to get to the toilet? An instant "no-go investment" for me... the place is not a residence. At most, it's a hotel room with kitchen facility; if daily room service, newspaper, and continental breakfast is provided!
Nice video and condo tour. This looks like something I would like
Pea, I love the content you provide on this channel, please keep it up! Condo is too small for me, not enough living space. But would love ❤️ to see more places in Cebu and Dumaguete area. Thanks again and love seeing a beautiful 😍 and smart filipina like you Pea!
Way too small, bathroom tiny. I have had hotel rooms that were bigger.
Got to be at least 45 to 60 Sq meters to be comfortable.
Totally agree!
If I were to expat in the Philippines I would want to live in the province and avoid big cities.
Province is cleaner, cheaper, people are nicer, less traffic, cleaner food and far more place to walk and hike around.
Hi 🙂
Im selling farm lots here in philippines,
Let me know if you're interested 🙂
neighborhood looked interesting. hope you do more condo videos in the future. I liked it.
Seems like a great deal and many thanks to you Pea and JR of course! Excellent topic and presentation 🙏😀
Thanks Mr Mike - I almost guarantee that someone who knows Cebu prices will snap it up 👍
Good evening Pea. Nice tour but 500 yards from the neighbor, would be my minimum. Plus three people make a crowd.
Current neighbor is closer, but our two houses are the only ones in this part of town.
Wow, now that’s privacy!! 👍
Awesome video
Thanks D!! 👍😊
Another great video worth watching....as usual Pea, keep up the great work.
Thanks so much, IL 👍❤️
Thanks Pea i got JR number those condos are really amazing
First Post!..say hi to Gio and Paul for me....great video as usual.
I would if I talked to them, but I don’t have any communication with them 😊
@@TheFilipinaPea they both live there....thought they might have given you the idea...😁
First impression, still watching. I am going to travel 8000 miles so I can live in bubble so I do not have to experience the Philippines culture. More snarky comments to follow.
Oh I expected those! But some (especially older) expats need convenience 😊
@@TheFilipinaPea Ohhhh OUCH!!!! That comment really hurt... right to the core. I'm not THAT old.
Good point.
@@greggyp647 too funny. but i could not live there either
Too commercial and prevents expats from experiencing the Phillipines. McDonald's is not food; haven't eaten that garbage in 25 years, except at an airport when no other options existed.
Very interesting, thank you for the tour, rich from Chicago
Loved it. That was a new type of video.
Thanks, Oh Green One! 😂👍
I am so jealous of JR. Pea said to him the sentence I'd most like to hear her say to me..."Let's go to the bedroom! " 😍😈🤪
🤣
Hahahahaha
“Let’s go to the bedroom, David”
(there, no more need to be jealous) 😂
Nice try, Pea, but when he's standing beside you and I'm 8400 miles (13500 kilometers) away, it just doesn't have the same effect. But I can dream 😍
Why wait for the bedroom just do it on the spot
Can I have a JR, he seems to be able to do everything 😊
Fabulous video Pea 🇵🇭🇬🇧👍
He’d be thrilled to hear you say that 👍
Very informative. Interesting to see what you get for your money, cost of property and cost of living. Thanks!
Beautiful. An ocean front Condo these would cost WAY more. Looking at Maktan and Lapu soon! 👍
..Filipina Pea..the Real..Realtor..
I’d probably like that job 👍
I can just imagine my feet hanging off the end of that bed🤣🤣
You’d definitely want to replace that bed!!
Just sleep on the floor. Throw the bed out the window.
I was thinking same thing. I'm 6'3.
Good info! That's a great place and seems like a good deal!
Jr. makes a Good impression and presentation ,
One suggestion for JR: There are little things that make a place look cheap to us. A microwave with rotary dials instead of being digital was considered cheap and nasty even 25 years ago. They have maybe saved $5 and made the kitchen immediately unappealing.
That’s very interesting Pea do u think the Philippines 🇵🇭 will be part of the new coming QFS - Quantam Financial System I know the SWIFT system is going away ?
Is there Real Estate commission there ? Who pays that ? Do u have an escrow period of time between the sell & actual day of confirmed ownership of the property ?
Yes there is a very complicated real estate commission system here (everything here is complicated)! I have a video describing it my video about real estate called “The Way It Works” - The Real Estate Market In The Philippines
You would make a great real estate agent Pea. You are so charismatic. Thanks for the information and enjoy your weekend 😀
Stopped in that same complex, on a trip to Cebu, back in September 2019, and swam in that very pool. Lovely stay there.
I’d want to live in something a lot bigger than a box 😂😂 I like my peas small but my living space big 😜
Well this Pea is rather small by western standards, just like that bed 😂
@@TheFilipinaPea the best things in life come in small packages so your the perfect size for me 😉😍 but I want enough room in my living space to swing at cat (not literally lol) for that price 😂😂😂
I love your beautiful long hair 😍
Thanks Juan - it just gets longer everyday 😂
@@TheFilipinaPea longer means more beautiful 😍
Hi ma'am ,this is Amor of JRC .Thank you soo much for being part of JRC. Keep it up and God bless!
Tip:
When showing an area in a place for sale be sure to have camera trade places with the host to SHOW THE OTHER HALF OF THE ROOM/AREA.
I never seen the view from the bed to living area . From kitchen to balcony and over to bedroom area.
View leaving the bathroom entering the living area.
Thanks PEA for your hard work!
I think I’d rather have the roosters😊
Yip. Even though the roosters can be annoying.
🤗❤️🤗 hello beautiful
Erik! Or should I call you Mr Faithful? 😂
Good presentation as always.
One suggestion...a tour of the amenities included in the condo such as the gym and common areas.
It would definitely take a separate video! There are jogging trails, playgrounds for the kids, convention center areas - it’s really pretty incredible
Wow, great information miss Pea, thank you. As always, you look wonderful ❤❤❤
Thanks Don - I appreciate that 👍❤️
Hey Girl ...
Hi Willard! 😊
Almost exactly like being in the US including cost, Interesting.
And the prices in that development will skyrocket after Covid disappears. They were already rising before 👍
Where can I buy a condo in the US for 100k and $100 a month condo association fee?
@@asdfdfggfd Google it
@@TheFilipinaPea Pea, you or anyone else don't know that. Just like Bitcoin, Gold, stock market index, Copper, USD vs Php Peso or what not no one knows which direction prices will go in the near future.
FED is already discussing about removing stimulus and inflation spikes at record numbers. A bit of taper tantrum and many foreigners will be forced to sell their properties abroad in order to pay the interest on their properties at home.
I've seen this before when prices in Spain fell 50% and constructions just stopped. You can still see concrete skeletons where dreams where supposed to be built.
The persons selling this property are probably just as intelligent as you and I and they are selling for a reason and they know the current market situation.
Thanks and keep up the good work with your channel!
@skak
Of course nothing is known for sure, but given it's history, the prices 'should' return to their normal levels after the virus 👍
Wow J.R. has many responsibilities there. Thanks again Miss P. i like your videos and you too. take care and keep up the good work.
Well you didnt get him in bed Miss p. but close on the bed lol.
Great information 👍🏽
Thanks so much, IMG 👍
O Pea, lesson number one: always have the finances discussed and agreed to too before getting a filipina lady to the bed! bahahahahahah
Hahahahaha
JR’s still learning 😂
I wouldn’t mind having that but, me with the woman and 3 children. Bad idea, besides I want to be out of the city so I can build my own house.
Great video Pea but this ones not for me. (The condo living)
Three children? Wow, Clay, you’re going to suddenly have a big family????
Some people collect stamps
"the women"? Wow how romantic
@@TheFilipinaPea yes coz I can’t have children of my own so I’ll have an instant family.
Wow!!! Those condos are outstanding!!! I am looking forward to having own condo for my vacation home in the Philippines. Thanks for sharing this Pea. Love ya. ❤️😁
Pea....you still crack me up! You go girl!
Looks like an end user display of the middle income trap. There's no particular advantage in relocating to the Philippines at 146.6k USD. I could live in Puerto Rico and pay the same amount for similar property.
And you'd be living in PR instead of PI. You could pay even less if you wanted to live in Detroit... your point isn't valid, Slick. It's kind of dumb, actually.
But this one is 85k
Wait, so you're saying I can sip my favorite drinks by the pool at that place with you? Is that part of the package?
Well everyone has their price 😂
@@TheFilipinaPea LMAO this is the part (if I were actually on other forms of social media) where I would slide right in your DMs
@@TheFilipinaPea if I was not married already..I be asking you
@@allanlugo8095... Your wife should know about your desires. 🙄
This is good information
I enjoyed the vlog. Thank you. Btw you have the most beautiful hair I have ever seen
Well thanks Chris 👍