We are looking for a lot around Davao to build a house for my wifes family. She is a philipina and im a European.
We lived in Europe for some years and she now like to invest a small amount in her families future. We thought about buying a lot big enough to build 3 houses of 60 SQM. One for her parents
and one for us when we visit and the last one to rent out so the parents have like an income for taking care of the lot and houses.
What would be a good area in Davao for a project like this ? What area would you recommend in Davao where its possible to find a tenant for the 3th house ? The area have to be safe and not to noisy and crowded. What should the budget be for a lot around 300-400 SQM ?
Anything else to be carefull about ...please mention that too, thanks
Chris and Jennifer