Angeles City

[WestCoast1]

Not sure what I miss more about Kokomo's:

1) The view.

2) The unusual conversations I had over the years with complete strangers who struck up a chat with me. One gent told me that he had been there for 6 weeks, and only been laid twice. He said the bar girls just didn't seem to like him. He wasn't too old, to fat, nor too stinky. How TF does THAT happen!

"Don't it always seem to go, that you don't know what you've got ill it's gone" -- Joni Mitchell.

[Goferring]

I also have the flexibility of changing to a new place at a moment's notice.

An important point. Most new apartments and developments look great the day the keys are handed over. A year later the paint is starting to fade and two years later switches are starting to fall out of the wall and couple of lights no longer work. The build quality just isn't what we are familiar with in the west. I'll let the OP guess how much money remains in the sinking fund when these come due.

If he is looking for new-ish places then also go have a look at some 5 to 10 yo places to check what he is buying into. 😳.

[Mr Enternational]

I'd certainly want to live somewhere for 2yrs + before buying.

Financially, it's hard to see anything less than a 10 to 15 yr stay in one place stacking up.

Even then to me it makes no sense to buy. My buddy bought a condo in Thailand for $35,000 plus $1000 per year in association fees. I have pretty much the same size place and my rent is $1900 per year. I also have the flexibility of changing to a new place at a moment's notice.

[Goferring]

Thanks for the tip. Kandi Realty website seems to be void of content.

My gut says "it's a good time to buy and get set for the recovery". My mind is saying, "don't put any more money into that fucking country and just stay in hotels".

What's your personality type? Do you nest and want to stay in one place forever or get bored after a while and want to see something new? Remember that living somewhere is totally different to holidaying there even after multiple trips or many month stays. Even more so for party type destinations. I'd certainly want to live somewhere for 2yrs + before buying.

Financially, it's hard to see anything less than a 10 to 15 yr stay in one place stacking up. And that's without pricing in changes to FX, psycho GF, visa rules etc.

[WestCoast1]

My opinion is, unless you are going to to stay in the condo for at least a couple of years, else not worth buying.

Rental market is bad now if for investment.

Concur.

Regarding rental. Ads started popping up in my social media about 6 months ago for units in buildings to be constructed, same like you've seen before, studio / 1-br / 2-br, for about the same prices as before. Then a month or two later my feed started showing ads for units already in existence, furnished and not, for quite a range of rental prices, all of them for long-term rental (minimum 1 month, and in contact privately with the owner / landlord they are looking for 6 months or more). If you are in for 6 or 12 months, I see them as low as p9 k per month for a studio. You also agree to shoulder the electric, water, and Assn dues (dues are about p1000/ month). Electric / water / dues combined is usually 5-6 k / month, bringing said unfurnished studio to 15 k / month for rental (dirt cheap in my opinion). Many other similar units are furnished and renting for 2-3 x that each month (contact the owner directly to see if you are shouldering utilities / dues). I have rented for 20 k, 40 k, and 60 k (much larger place) in the last year so there are a lot of options. Very few landlords are wanting (or able, due to lockdown restrictions) to rent nightly or weekly.

[Datiao]

My gut says "it's a good time to buy and get set for the recovery". My mind is saying, "don't put any more money into that fucking country and just stay in hotels".

My opinion is, unless you are going to to stay in the condo for at least a couple of years, else not worth buying.

Rental market is bad now if for investment.

[WestCoast1]

Is there a way to apply for a new first time SRRV? I want to invest in a savings account or property in Philippines.

Couple of links for you; one is a government link. I could be wrong, but a previous post from an SRRV gent said that you must apply while in-country:

https://philippineslifestyle.com/srr...a-philippines/

https://pra.gov.ph/srrv/

[BrizLad]

With the covid, it's totally a buyer's market right now. Don't see the problem of getting a condo you desire in the Philippines.
.

Thanks for the tip. Kandi Realty website seems to be void of content.

My gut says "it's a good time to buy and get set for the recovery". My mind is saying, "don't put any more money into that fucking country and just stay in hotels".

[Datiao]

Just wondering if there are any real estate buying opportunities in places like kandi suites?

With the covid, it's totally a buyer's market right now. Don't see the problem of getting a condo you desire in the Philippines.

In cebu city, the condo prices remains stable but they are giving some free electrical appliances like aircon and fridge w purchase.

[JeanEspero]

Is there a way to apply for a new first time SRRV? I want to invest in a savings account or property in Philippines.

[BrizLad]

Just wondering if there are any real estate buying opportunities in places like kandi suites?

[WestCoast1]

Thanks. I'm not jealous at all. Really I'm not!!

Its been a dry spell and you deserve a pic. A thirst trap, as they say.

[Goferring]

The stunners are no longer Korean focused.... I'm inclined to start offering a can of sardines for short time.

Thanks. I'm not jealous at all. Really I'm not!! 🤬.

[Screaming Beaver]

I'm guessing that the common AC complaint that the stunners are K focused has also died away as the girls and bars are hungry and will take any business. Hell, even I might be able to get one. 😁.

Have you found this to also be true? G.

That is correct. The stunners are no longer Korean focused. They are desperate and are in need of pesos. With no tourists allowed in at this time the supply and demand ratio is heavily favored toward the monger. If this country doesn't open up soon I'm inclined to start offering a can of sardines for short time.

[Goferring]

The quality of the women has improved since the managers can afford to be more picky. For example, when I walked into Viking Bar I didn't notice nearly as many porkers and older girls. I was told they are no longer allowed to work there.

I'm guessing that the common AC complaint that the stunners are K focused has also died away as the girls and bars are hungry and will take any business. Hell, even I might be able to get one. 😁.

Have you found this to also be true? G.