This Property for Sale is located inside a Private Subdivision of one of the Valle Verdes in Pasig City. It consists of having 5 Rooms altogether ( A Den on the first Level with Toilet and Bath and 4 bedrooms on the second level all with individual Toilets and Bath. The Property was well built in the late 80’s and still has A Good Living conditions as the Owner always keeps up with improvements on it. Lot area is approximately 400-430 meters in Size ( TCT says 400 sqm but Village association dues charges 420+sqm on it while the Owner claims it is still slightly even BIGGER than that. It has an approximate floor area of 600-700square meters. Currently, it has a Tenant leasing on the Property. The House is spacious and has a Nice living, dining and kitchen area, garden in the Front and at the back, Maids and Driver’s Room with separate toilets and baths.
Considering that The HOUSE can still Realize Rental Income from the Different Outside Tenants, it is SAFE to say that it still has an Inherent Surrender Value Or Potential Passive Income Asset Value Attached To It. And to Think that it is being SOLD for only Php 105 Million is really A Very Good And Attractive Deal Offer At This Time For Anyone Who Is Looking For A Real Good Deal In Real Estate. The offer of P105 Million versus the Actual worth of the HOUSE at around P120 Million automatically gives the Wise Investor a MARKED profit income DIFFERENCE OF P10-15 MILLION right away, considering that the cost of constructing a HOUSE nowadays Will entail around P35-50K/ sqm on the average.
To compute How Good deal this Property is. Simply multiply 700sqm by 35000/sqm ( Minimum cost of Construction/sqm) = P24.5M Value of House. Then add the Value of the LAND = P210,000/sqm x 420sqm (Average Size) =P88,200,000 gives a Gross Value of P112,700,000 and then less the offer price of Php 105 Million (Negotiable) gives a difference of P7,700,000. This is not to mention that the Seller is willing to give some discount consideration to ANYONE who is able to come up with a Good Letter of Offer to Buy and Cash Payment soon. Easily a savings or an Internal profit income on the Value difference of the Property of P10Million pesos is realized by whoever is A Wise Buyer to buy this Property.
As Seller’s Broker, I am looking for A serious Cash Buyer who is capable of signifying his/her interest to buy the Property and at the same time be able to submit a Letter of Interest to buy this Property within days from this offer So we can consummate a deal soon. Whoever will be interested and qualified to buy this Property may please kindly get in touch with me as soon as possible on My Contact Number below. Thank you and God bless! Hoping to find a Real Good Buyer on this Property soon. Yours truly, Henry Uy. This Property is being offered To Direct Buyers Only!