Leasing/Renting Property out of the country resident

Welcome to the forum Lori.

A few questions if that's ok?

Where is this beach resort located?

Lease or sell?

Figures and returns for the last 5/10 years?

Why are you looking to get out?

Cheers, Steve.

Thank you for the welcome!

Pangasinan Ilocos Region

Lease

Just recently opened in January 2023

YTD Net approximately 1.M

"excluding capital"

Time zone and management challenge/I live in the US

Health issues

My best,

Sell it if you have health issues and focus there. Nett is that 1M pesos or US dollars?

Cheers, Steve.

Thank you ☺️ but my inquiry is about leasing not selling sir!

    Thank you ☺️ but my inquiry is about leasing not selling sir!
   

    -@lornacastro02

Best thing about free advice is the price.

I would recommend you find a real estate agent to manage it for you. They are in country, maybe in/near Pangasinan and have all the means and experience.

I'll send a web site of real estate agenta in a direct message.

Hope you get well soon.

Your suggestion is much appreciated.

@lornacastro02 Hello Ms. Lorna. Im a real estate agent here in Pampanga. To be honest, I do not have an experience in managing a resort. But I have some people in mind that might be interested in renting it. I hope we can discuss. Thank you.

Sure we can discuss. If you don't mind, will you let me know your email address so we can discuss it privately.

Thank you kindly,

Lorna

@lornacastro02 you may email me at *** Thank you!

Thank you.

Hello everyone,

For security measures, contact details should not be posted on the forum, please.

Such information can be shared via the private messaging system.

Cheers,

Cheryl

Expat.com team

What is the ROI for this property?