Portofino South House For Sale

Portofino South House For Sale is located in the section of the wide lots of Portofino South Village. The property is near the front gate. The owners of the property are Japanese. This house is priced to sell fast! Buyers can modify this property to resell at a much higher price or use it for personal reasons.

The lot is 692 sqm and has a value of 65 million retail and zonal value is Php34.8 million. If a person was to build this house today it would cost approximately 14 million pesos. This means at zonal value (which is much lower in actual worth) plus the cost of the house would add up to Php48.8 Million. This means that if full price is paid a buyer would walk into the equity of php7 Million at zonal value. If calculated at retail value, the buyer would walk into an equity value of Php 65 million + 14 Million = Php79 Million giving the buyer retail equity of Php 35.4 Million.

Now, if someone purchased this property and modified the property by adding 200 sqms to the property would drive the overall price extremely high.

This Portofino South House For sale is priced to sell, sell, sell!

See the walkthrough video, The tour guide gives many ideas on how to upgrade this property.

Check out our PhilHome Facebook page and join. There, you will find post of new properties and incredible investment opportunities. Click above “News” in the menu to find the latest “Investment Alerts”.

Philhome Youtube – Join Now! See many other mansion house that are uploaded.

PhilHome FaceBook – Join Now to get latest property uploads, Investment Alerts and More!

PhilHome Referral Program: Learn how you can win a FREE 3 nights / 4 Days Boracay Trip for 2 all in with freebies and PHP50,000.00 pocket money.