This seems to be typical a foreigner spends too much money and there is no ROI. Why else would they just finish a renovation and sell? Again foreigners cant own property unless a company and then you can only own 40%. there’s a reason why these foreigners are dumping these expensive properties they overspent and you’ll never get your money back. This is only good for someone who just enjoys the lifestyle and has money to blow. The cost to operate these places, including maintenance personnel, electrical, etc., etc. far exceeds exceed return on investment at these prices.

Looks like a solid business and a great location

Hey Alex and Critter. I enjoy your Channels. I am an old Expat and live in Dumaguete.

@Alex_Kosh

2 ай бұрын

Hello Larry. Thank you neighbor for watching us

Hello Alex And Justin. Long time no see. To bussy here. Work and my KZread Chanel. Watching from Laredo north of Spain. Kuya Rafi...take care.

Good to see you again Alex

@Alex_Kosh

2 ай бұрын

Thank you for watching as well

Those views! 😯😍

Nice place, lots of upgrades... Mirrors everywhere Haha...I remember the days (pre OnlyFans build likely -😆)...I was a big fan of mirrors... Now the fewer mirrors the better - I'm old! Who wants to look at that every minute??? 😜 Overall... Out of my budget and directly on the beach (looking for more land area close to the beach I can create my own paradise) but some good ideas for the future build... Also, the property I'm negotiating for now is on Luzon where the GF is from... This place certainly has potential...Schnitzel???? I may reconsider... 👍 Good tour guys...Thanks! 🙏🙏🙏 👍😎👍

Dawin and crossing apo island is the closer, just Pum boat to take you there. I love every Wednesday in Dawin market .

High tide the sea water is a few feet from the resto grounds During a storm surge, the resto n the rest of the ground wud be flooded Shoutout fr Wall Street, Manhattan, NYC!!!

@dumaguetedreaming

2 ай бұрын

That area does experience a lot of tidal surge during high tide. Most properties around there have sea walls.

@DoniCato

2 ай бұрын

@@dumaguetedreaming seawalls are useless since in the video, u cud see that the seawater is almost only two to three feet below the resto ground on high tide What more if there is a storm surge!!! Shoutout from Wall Street, Manhattan, NYC!!!

Hello there sir Alex Kosk how your baby girl now hope she growing fast at that 🥰👍🏽

The danger to much close to the beach is when there is natural disaster

Looks good but $1250000 rental income of $1k . That resto income enough to justify the cost ?

@Alex_Kosh

2 ай бұрын

$2k is the rental income from both apartment buildings. The restaurant is located in a popular tourist attraction in this area. Unfortunately, I can't provide exact numbers publicly.

@paulmarks8979

2 ай бұрын

You dont have money.

@FatboySE103

2 ай бұрын

@@Alex_Kosh at 7:47 on transcript , it says all together 55k php. It’s a business and you can’t say income / expense

@Alex_Kosh

2 ай бұрын

​@@FatboySE103 25k apartment on the first floor, 35k apartment on the second floor and 55k for the second two story apartment building. 115k for two apartment buildings in total

@Alex_Kosh

2 ай бұрын

@@FatboySE103 and I didn't get your point about income / expense. Income refers to the money that a business receives, usually from selling goods or services. It can also include other sources such as investments, rentals, and interest. Expense refers to the costs incurred by a business in order to generate income. Expenses can include things like salaries, rent, utilities, and materials.

For me, very small apartments but most people will probably like it

@Alex_Kosh

2 ай бұрын

Thank you for watching and your opinion

@OnlyKindnessMatterAfterAll1

8 күн бұрын

The size is like my old apartment in Hermosa Beach, CA.

What is the ROI? I live in Dauin and eat there 2-3 times a month

@Alex_Kosh

2 ай бұрын

Return on investment

@AndiamoPhilippines

2 ай бұрын

@@Alex_Kosh The question was WHAT IS THE ROI? Not what is ROI. At 70 million it is about .0004% return

@Alex_Kosh

2 ай бұрын

@@AndiamoPhilippines the owner wants to discuss this information only with potential buyers in person

@AndiamoPhilippines

2 ай бұрын

@@Alex_Kosh ok thanks

Pickle ball is the fastest growing sport for people who cannot play tennis.

What’s the price for this? 😊

@Alex_Kosh

2 ай бұрын

$1,25 million

WHERE IS THIS PLACE

@Alex_Kosh

2 ай бұрын

Zamboanguita, Negros Oriental

The owner of this foreigner also western world person im correct

@Alex_Kosh

2 ай бұрын

The owner is a foreigner and his Filipina wife

Im pilipina from dipolog city base her southkor imbase property in my country is regret i have house but siblings stay there other wise im not willing imbase property in my country rather than im private ly holding my own money than to make property put it in bank interest safetyness is clear even small house is big no for me rent rbnb

You didn't say that!for your wife to wash the dishes?

@Alex_Kosh

2 ай бұрын

In the video I said you or your wife. In your family it might be a husband, maid or anyone else. It's not my business

@malyharel7310

2 ай бұрын

@@Alex_Kosh in my family every member of the family wash dishes.!It is not only wife's job to wash the dishes, you maybe right my family is my BUSINESS and your's is your business good to know!

@phokust

2 ай бұрын

Holy jeez, calm down, please. Yes, anyone can wash the dishes, to each their own ❤. Let's focus on the point of the video. Great content, guys!

Just to remind you Guys. Philippine Constitution does not allow Foreigners to own a Piece of Land in the Philippines. The only way Foreigners can own Land if they are married to a Pilipino Citizen, but the Land Title is under the name of the Pilipino Spouse. And of course thru Leasehold. Foreigners can own Condos, Vehicles and Appliances but never a piece of land.

@Alex_Kosh

2 ай бұрын

Thanks

@corcrijns8750

2 ай бұрын

Not true, if you have a company then you can!

@Alex_Kosh

2 ай бұрын

@@corcrijns8750 I have interview with the lawyer about this topic on my channel

@AndiamoPhilippines

2 ай бұрын

False statement

@chattcedric6321

2 ай бұрын

@@corcrijns8750 Yes it's true with 60% Pilipino and 40% Foreign.

Capped at 41% ownership…guaranteed headache and loss!

@Alex_Kosh

Ай бұрын

Thank you for watching and for your opinion.

That place is crap . No beach at all . Save your million dollars and enjoy life . This place not worth 1 million u.s. dollars .. if you have a great job in in America like me stay in America ..my house in l.a. is worth over a million dollars..

@Alex_Kosh

13 күн бұрын

Thank you for watching, America is the right place for you 😉