2-BEDROOM CONDO WITH PARKING FOR RENT! MARCO POLO, CEBU CITY

[@AmazingPhilippines1]

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[@jameslonergan5840]

Nice unit. A little pricey. Thanks for the video.

[@AmazingPhilippines1]

Interestingly, many foreigners buy and rent these nicer units James but out of my budget also.

[@jimcunningham61]

Rod I didn’t come to the Philippines to pay 1500 $ rent

[@matrices3987]

Wait until you see the complementary mice and roaches.

[@AmazingPhilippines1]

I am in the same boat as you with a smaller budget...but there are many well off retirees who want and can afford these nicer places Jim.

[@richardhowe5583]

The rental and real estate market in the Philippines is hyperinflated.. just wait a year or two and the bubble will burst..remember everything in the Philippines is negotiable..you can find a decent price place if you ride around and look but the real estate people have lost their minds.. thanks for the video Rod, always love looking at the rentals👍👍

[@SanTropez680]

Yes. they thrive on hype and illusion typically. just say no f ing way

[@matrices3987]

It's negotiable but many owners refuse to negotiate and would rather the place be empty earrnng them nothing than offering a market rate rent.

[@AmazingPhilippines1]

The past 12 years has seen a rapid increase in prices with demand/supply issues Richard. Many RE companies are talking about a "correction" starting to happen so we will see what happens.

[@Gregory-Masovutch]

@@richardhowe5583 Land is even worse. Ayala is asking 50,000 pesos a square meter in many subdivisions now with little amenities. I saw this is Bacolod and Nuvali. So very $200,000 USD just for dirt. Cheaper to build in many parts of America.

[@richardhowe5583]

@@matrices3987 one thing about most of us expats is that if we don't like the way the game is going we can pick up our marbles, put them in our pockets and go to another country..

[@andersohlund7794]

My god, it's almost dubble rent since 2018 when I looking at thoose apartments. That is crazy. A 1-bedroom was around 34-36000.

[@AmazingPhilippines1]

Yes, there has been a steep rise in prices in the last 12 years Anders. Some think a "correction" is now starting to happen.

[@andersohlund7794]

​@@AmazingPhilippines1a correction up or down, down i hope 😊 But the houses you can rent it's not so big difference, and out in the countryside it's still very cheap. We'll see what happens. Have really wonderful weekend. And take is easy out there, it's Friday 13 😯

[@andreloudon8934]

Scary shallow balcony with low flimsy handrail looks easy to fall off.

[@FoundingYouTuber-2005]

Isn't the Kanlaon volcano about 50 miles away, as the crow flies. Did the ash fly away from Cebu?

[@AmazingPhilippines1]

No ash in Cebu. The winds are from the northeast and east.

[@vincentgalvante8238]

too expensive,

[@Oggiwara1]

Thanks for sharing! Nice condo unit. But way out of range for most retirees I think. Better look for small 1-2 Bedroom houses or condo units, asking 20-30000 Pesos?

[@tedjohnson4451]

It's a nice place... But more than twice the Cost of my Rental in Park Tower One.

[@i-am-your-conscience]

Please do more videos of cheaper places.. I'm going to the Philippines to save some money :D

[@RealGaryGibson]

Nice condo Rod! Beautiful views!

[@AmazingPhilippines1]

Yes, it's a great place Gary. Thanks.

[@josephputnam7586]

Yeah, condo prices are getting crazy high for the size. Plus, prices are only going up.

[@AmazingPhilippines1]

Yes, it is the high tourist season for a few months also Joseph. This is one of the better fully furnished units I have seen and with a parking spot. 869/sq meter.

[@josephputnam7586]

@@AmazingPhilippines1 Yeah, I am probably just going to stick with my 1 bedroom 45 sqm in Avida in Cebu city for 25k a month for another year.

[@alanaldpal950]

“Prices are going up” …… No myself and my friend “history” beg to differ 🙃

[@airwess3369]

Good God! I remember a much nicer 4 bedroom with a mini studio behind the kitchen for the maid for 40K/month right next to Ayala in 2018. I only paid $10K/month for a brand new studio by SM in 2018.

[@AmazingPhilippines1]

Thanks for sharing! Prices have skyrocketed because of demand over the last 12 years. Some correction is in store according to several top realtors in the PH.

[@Davidson-ex4zk]

I paid 20k which included elect , water and wifi at avida across from mercado IT park just after covid , tried to get it again last yr she wanted no less than 30k and i pay elect ...50% price jump in 2 years

[@airwess3369]

@Davidson-ex4zk i looked at a few units at Avida in 2018 and they ranged from 14K to 17K for a studio and no condo fee. Everything else was extra. Some came with wifi and some you have to get yourself. Which can be a nightmare in itself. First have to at least have an ACR-ID Card and then hopefully there's even a spot on the punch board for you. Ran into that situation at my 1st condo at Mivesa in Lahug. It was a new complex and it was supposed to have wifi and it did the 1st 3 days before it got cut. Then I was put on a reservation list behind 100 other people waiting for a spot. Got the typical Filipino later later suggesting tomorrow or the next day I'd get wifi. It never happened. Finally had to go to the main office and complain until I got the head boss to tell me the truth. And he said maybe tomorrow or the next day or the next week or the next month or the next year with a straight face. Said they had to wait for permission from PLDT in Manila to give them permission to simply attach the lines in the box to more units. So when the previous renter left, my line got hooked up to the next person on the waiting list. So as soon as Manila says hook up 50 or 100 or 200 more units, they couldn't do anything for me. Luckily I used this to break my lease. Our unit was 12K/month plus another 1500 for condo fees and everything else was extra. But every unit I've mentioned was fully furnished.

[@jsully4064]

Would say you showed this condo before, don't remember anyone swimming in the pool though. Thanks for the video, Rod...Jim

[@AmazingPhilippines1]

Yes, it was for sale in October but is now for rent so I updated the video Jim.

[@Davidson-ex4zk]

a few weeks ago i seen a Mansion on the outskirts of dumaguete for 70k a month , 7 bedrooms , maybe about 3 kitchens huge room just for stairs to 2nd floor looked like a function room .....80k hmmmm nah 40k to 50k max , tell em he's dreaming

[@philipjanek3864]

You'll pay max 350 USD for that in DA Nang or NHA Trang vietnam 😉

[@RealGaryGibson]

Even less in Siberia!

[@philipjanek3864]

@RealGaryGibson but in Siberia your not near the beach and it's too cold 😆😂

[@SanTropez680]

@@philipjanek3864 good point. the Nam is nicer than ceblue

[@Oggiwara1]

400-600 USD for a reasonable good location for a 2 bdr in Bangkok or Pattaya. 300 USD for a nice well equipped 1 bdr in a good location. But in Bangkok alone there are about 200 000 1-2 bedroom condo units for sale/rent. I think the demand is much higher than the supply in the Philippines, while the oposite in Thailand.

[@RealGaryGibson]

@@philipjanek3864 It's warm in Haiti. Lots of beaches too. Very cheap there!

[@matrices3987]

Those cheap window ACs reminds me of section 8 rentals in Detroit in the 80s. Sadly I don't think you have seen quality housing in either the USA or southeast Asia in the last 10 years. There isn't a single condo you have ever shown that is competitive or good quality and when you consider the absurd price it's easy to see why the Philippines gets so few tourists.

[@AmazingPhilippines1]

I have been researching some of the top RE companies in the PH and there seems to be the perception that we are in a "bubble" price wise and some downward "correction" is happening.

[@Cellus002]

I like the unit but 80k is too expensive

[@SirMountainpass]

Worth 60k max., no dishwasher (standard in Europe), Tower 2 completed in December 2015 - any renovation since?

[@Cellus002]

@SirMountainpass yeah I can see 60

[@wadec333]

... I'm sorry but that price doesn't seem to match my expectations. It's good but reasonable around 50k

[@Gregory-Masovutch]

Cebu is extremely hot and humid. Most of these condos are inflated for investors to jump on the airbnb bandwagon with literally thousands of competitors doing the same. On the new developments its one building stacked on another. Lapu Lapu the same way. They had a supposedly ocean view access then if you look straight down, you see slum housing of shacks and roosters. No offense to roosters. No HOA certifications, miserable rate of returns, shoebox lifestyle & zero appreciation. Total waste this one as well.

[@AmazingPhilippines1]

Prices has risen quickly over the last 12 years driven by demand. A correction is anticipated by many RE companies. Pre-selling units are defaulting at high rates around the PH according to top realtors.

[@Gregory-Masovutch]

@ Plus inventory for supply is at a 29 month high according to the Manila times.

[@ExpatNTraining]

Nice Video! I'am considering returning back to Thailand or checking out Cambodia. The Philippines is becoming less and less desirable for me.

[@joevaninwagen7022]

Hi, would be interested in your thoughts on how a person from the United States..Planning to move to the philippines would send funds ovor too Buy properties or condos In the Philippines. What system would you use...

[@Lex-rt7vd]

International wire transfer

[@robertkubrick3738]

Bank wire. I have a Chase Private Client account and bank wires are free. I sometimes send large amounts for purchases but I send money every month in any case and it really has paid off.

[@illfreakynana]

Nice place, but expensive.

[@AmazingPhilippines1]

869/ sq meter so still under 1k/sq meter. Thanks.

[@bigdave5946]

Way over priced

[@Loigis]

No value for money in ph good deals can be made paying lease upfront 6 mouth 1year

[@oceanearth2243]

This place is well decked out. Luxery

[@AmazingPhilippines1]

Yes, nice place.

[@MichaelStewart-y6b]

FYI the market is crashing american don't have the money to fly over to go to the beach

[@AmazingPhilippines1]

The "markets" around the world are quite volatile Michael. Many PH RE broker/managers are talking about a "correction" happening here.

[@SanTropez680]

marco polo has been overpriced and under occupied as they continue to construct more on site. I stayrd there 12 years ago and even 8 years ago.

[@dawsonmp123]

Ridiculous price ... Its a shit hole compared with Thailand at half the price

[@SanTropez680]

yeah Ceblue is full of con artist and thieves. the overpriced food sucks too

[@FoundingYouTuber-2005]

Rod is it? I have been following your channel for a short time. Really like your news and other content. I am retired and living in San Francisco, California. Planning on moving to the Philippines next year, maybe June. (It is taking me a long time to wind down my affairs here. I have been living in my apartment since 1995 so I have a HUGE accumulation of "stuff." OMG in July 2025 I will have lived in my place for 30 years!) My price point is in the range of what this condo is letting for. Anyway, excellent presentation. I'll save this video so I can refer to it. I'll buy you a coffee or send a PayPal contrib, which will have my contact info. P.S. Am I understanding correctly that you provide consulting services for expats?

[@AmazingPhilippines1]

Thanks. Good to hear you are planning well in advance. My email is [e-mail] I occasionally do a bit of consulting.

[@matrices3987]

There is no food, entertainment or life near this high rise dump. How far away is the nearest barely stocked, narrow isle, 7 eleven that sells only cheap junk food? 7-Eleven in the Philippines sells only developing country junk food. Pringles is a luxury item. I Imagined the Philippines would be a place where fruits grow like weeds but there isn't a single piece of fruit sold at any 7 Eleven in the entire country and 7 Eleven makes up 90% of the convenience stores in the country. It's appalling.

[@AmazingPhilippines1]

Most 7-11 have several types of fruit in stock here actually in my observation. This area, Nivel Hills, is evolving but has a ways to go.

[@matrices3987]

@@AmazingPhilippines1 I like your videos but the truth is the first step to helping the Philippines. I've been to 30+ 7 Elevens in the country. There isn't a single 🍌, 🍎, Papaya nothing! Zero! No fruit whatsoever sold at 7 Eleven stores in the Philippines.

[@robertkubrick3738]

Good video Rod. While that condo is large for condos today and looks quite livable, they just aren't for me. I was thinking it was a bit pricy but then I remembered the parking spot which changes everything if you are going to have a car, because you have to have a place to park it and that spot is convenient. I know of one youtuber Vlogger who had to move after he bought a car because he couldn't park it within blocks of his apartment. I would imagine the condo dues are high there and I don't recall you saying who would shoulder those. All in all I think it's a fair price if you have the income or savings. Take care Rod.

[@AmazingPhilippines1]

Yes, the parking spot adds a lot of value. I believe the fees are inclusive Robert.