Couple Selling Their $340,000 Oceanfront Dream Home and Restaurant (Philippines)
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- Опубликовано: 26 сен 2024
- For serious inquiries about the purchase, please contact Kent or Liza Directly. I am not selling the property. The property is located in Southern Leyte, Philippines. The price is 19M Philippine pesos and US Dollar amount is an estimate on current exchange rate. You may reach them by:
Email:
Kenzxdaddy1968@gmail.com
Liza.Maldo@yahoo.com
Facebook:
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The best food in the area
Where exactly is this in So. Leyte?@@eddieBoxer
@@Bob-wm5pz the owner is the wife and she is from there.
@@Bob-wm5pz Don't be a fool. He never said he owns it. The ownership papers are in his wife's name. Stop commenting on things you clearly don't understand.
@@Bob-wm5pz any foreigner can own buildings and houses and vehicles. The land the building or house is on only a Filipino can own. But as a foreigner you can get a 25 year lease on the land and either build a house or buy the house sitting on the land. I’m very familiar with laws here especially when it comes to permits houses and land. You are the one who is naive. Actually you don’t even have to be married to a Filipino to buy a house or build one. Just secure that lease on land first.
@@Bob-wm5pz- Did you hear what he Said. He is Married to a Filipino.
I have seen many of these high end places sit on the market for extended periods of time while her family moves in and runs them to the ground as the expat returns home with only his SS and faded memories. Overpriced by $100k.
this is by no means ''high end'' lol. Its a god damn death trap. The phillipines building code is a blank post-it note i guess 😂
Nice house and nice restaurant and beach..nice guy and nice and pretty wife.. I am so sorry for your medical problems.. hope everything works out well for you and your family 🙏👍🙏
Nice looking property! I wish the couple all the best. Also Kent, I hope everything goes well in getting your health issue fixed.
Cute. Hes so proud of his wife. Good job on the roof 💪
It's a beautiful property. Good luck to Kent and his wife, Liza in getting a good price for it.
No foreigner going to buy that at 325k dollars. When a foreigner wants to retire not going to invest that kind of cash. Too much maintenance.
Not worth it 😮
Thats the problem with buying or building a house in the Philippines its impossible to sell. Hes lucky if he gets 125k for that house. If he will take 125k i will buy it oh wait foreigners can't own land in the Philippines how does someone even buy that house if they cant own land. This guy made a huge mistake building that house 💯💯💯💯💯
Wow! What a dream place and lifestyle. Could be life changing business opportunity for the right family. Really like the engineering thought that went into it. He was very wise to not skimp on the fasteners. This is how you survive a typhoon. I was thinking to myself, why would this guy ever give this up?...and then he said what I was thinking...Must be health related. Health is everything and I hope he has a speedy recovery. Thank you Tim, for sharing this amazing walk through.
Expats sometimes build these great houses and put a lot of money into them. A problem comes in selling them as there is a small market for places in those price ranges. I have seem absolutely beautiful homes on the market for years.
100% agree
Why it's proably better off buying than building. Could get a steal if buyer is desperate.
@@markg999 The house has a mish-mash interior design as in overall gaudy.
@normalperson9646 Not saying this particular house but in general...finding a built house in Philippines that's bigger in size... you might get a deal.
@@alfredhitchcock45 That's laughable...structural stability....did you see that closet toilet, door over the steps, the arms-wide master bath? That blue room is like a torture chamber! Nah...it's not even in the category of eclectic but outright gaudy!
The interior color combination s are pretty diabolical
ha ha ha i have to agree
If you come to the Philippines RENT for a few years and get to know the area and price..
It is easy to buy here but very difficult to sell.
Wise words.
You can sell, but only if you build Philippino style. And thats means not more then 2 million. And you will not get 2 million back on a 2 million house and thats normal and good. A house has a lifetime, just like a car or else.
Can you explain further about 'Only' building Phillippino style and not getting/selling for more than 2 million? Thank you @@llothar68
That's right. Next, get the local Licensed Realtor & Appraiser to evaluate the structural of the building and the location. Then, get involved with the local reputable Real Estate Broker for final evaluations! On this way, your monies is safe and no buyer's remorse after buying this real estate! Always remember this is a Littoral because of the history of typhoon and or storms.
He did a lot of very hard work, I never caught why he's selling it? Beautiful property!
he needs money for medical bills and in the future he will start again
Medical issues
Cause its not worth the money and buisness is bad so he has no income through it
@@MarcusLuciano Medical Bills where? Didnt he had a health insurance? Or in the USA?
Need to sell things for medical care is a bit of a foreign concept for me, I am from Europe.
Great location. Unfortunately tiling and decor has no uniformity and is about as inconsistent as it comes. Sorry to hear you have medical issues, hope you get what you need.
Yeah, bloody awful, the decor and the medical issues.
You are blessed to have such a wife who turned the place in to garden of heaven. She is beautiful too. Keep taking care of each other.
That’s crazy expensive, does he know where he’s at?
Word.
Yeah he knows hes in the philippines,buying that lots means buying your happiness and its prizeless....
@@VirginiaEstayane happiness? It litterally looks like a run down motel from the 80's. Nobody but this guy would be happy there. At least nobody who could actually afford it. This is not a nice house. Its not even an okay house.
@@Mikael-jt1hkyou are of the depressed kind
I thought it would be nice for the master bedroom to be upstairs for the ocean view.
Needs the touch of interior and exterior designer to attract buyers.
Sweet lovely couple Lisa and Ken. Thank you for having us with a delicious authentic pizza as always 😊
Thanks!!
@kenthoover8427 bro Kent hope pray 🙏 health goes well 😊🎉 why not borrow against it instead if starting over may we ask what is your health issue most issues can be fixed maturally don't trust too much in doctors medicine 🏥 ho$pitals 💊 n ŝcienc3 take care kent bro😊
G❤D bless
I have owned property in Cebu for 30 years near the city. I have wanted to build similar to this but wasn’t convinced that it could ever be sold. Wish you great luck in selling but recommend you put together a plan B asap.
Jou canot own jou are a Ami canot
@@WolfgangSchopper-d9e it's in the wife's name we are not stupid!
Too expensive for a 2 bd 2 bath in Philippines 🇵🇭 don’t get me wrong it’s beautiful and his attention to detail is amazing 👏🏻 but just a little over priced
Really??? Tropical gardens, sea views, beach, house, restaurant as an ongoing business and all fixtures and fittings thrown in as well. Bargain if you ask me. Where I am in the UK the price would buy you a 1930's 3 bed semi needing modernisation. If I was 30 years younger I would seriously consider this property.
Attention to detail, where?
Wow got me thinking about selling my house, motorhome and cars and buy this and live there!! I hate that he had medical issues and that he needs to sell his dream home.
You would have to marry a Filipion to get a title, and that would take at least one year.
I'd rent it from him for awhile and see if you like it there. It may take some time to sell considering the location
@@dwork9451 very true and I’m not even speaking to any. Lol
@@vremerman yeah that would be a smart move.
Yeah, I felt sad as video progressed as it is evident how much they lov the place & then even including his tools in the potential sale. But strangely I’m glad that they BOTH looked sad. It is awful when one spouse wants to sell & the other doesn’t. I know.
no ones going to pay that much .never invest in a 3rd world country you will end up loosing money
I agree with the first part of your statement, that this place is way overpriced and built to local standards. However, you can make money in real estate if you’re careful. I built a beach front home in Bali and the price has almost doubled in 4 years.
Very nice of Tim to show his place Tim’s such a good guy ❤
Good guy? Ha Ha, he's bankrupt of content.
@@andrewfoo6270 what does that even mean
06:55 Master's bedroom has an exterior door with no balcony and no stairs! This guy is two moves ahead. Perfect get away for a young girl in case wify arrives home unexpectedly.
Lol..
I wish this man good health.
Its hard to sell high priced homes in the Philippines....no matter how beautiful they are. I've been trying to sell my $600,000 + American style beachfront 3 story house with a gym in Subic bay for 4 years. Of course the pandemic and the worldwide economic downturn didn't help. Good luck
Who will buy your property unless he or she is married to a filipinos
@@waterlily2839_chua ...you are right. The few low offers we got were all from foreigners...sadly...but understandable. In the meantime I will enjoy the hell out of it😁
Do you have a link to check it out?
You can tell how proud he is with what he and his wife have achieved. What a fantastic purchase and business for the right buyer. Great detailed tour of the property.
I don't think so
My wife has a small house in central Thailand built on property her sister owns.
A foreigner cannot buy land in Thailand.
I am concidering buying the land to give us better control of the situation.
Here is a golden nugget for all of you expats and future expats...
I will only buy that land if she signs an iron clad 40 year lease to me.
Think about!
It was on my bucket list of places to dine at. Is it still open for business until it sell? That sounds a bit selfish on my part, I truly wish Kent and Liza all the best, especially in regards to his health and future success.
Yes we still operate it daily. That will not stop until it sells.
@@kenthoover8427 I won't be in the Philippines until late March. On the one hand, I hope you make the sale before then, but if not, then I'll definitely be dining there. Thanks for the reply.
Hope he gets better. Let’s pray for him.
He go out and newer come back
Yikes. The design of this house is something else. Sorry never seen such a mish mash. Color scheme? Is there one? Who chose these colors?
filipinos have the worst taste when it comes to interior decoration
They are serving magic mushroom pizzas in the restaurant. Order one and you will start to love the color mish mash.
@@llothar68no for real ?
@@Antoine-gx4yl No, they are just crazy. If you want official magic mushroom pizzas you must go to Cambodia
He may get some offers now since because of your upload, his presentation, and the description. I wish them good luck!
Unbelievable! Thanks for showing us what is possible here in the Philippines.
This is the best time to get rid of asset due to the coming economic crisis. And buy back later at a cheaper price.
Too many foreigners way over built for the area.. And you will be lucky to get your money back.. I see this happen about five or six times in the Philippines.. Good luck i'm getting your money back.. By selling this real estate..
The idea that real estate goes up in value is insane. It should go down 5-10% per year, because this housing is total done and garbage after 10-15 years. Then the house becomes a burden and lowers even the pure lot price for the real estate.
That’s really amazing what you can get for the money. One would have to be really passionate about having a nice property and a restaurant biz.
I think over this process is so practical.. the beach and a huge property can’t beat it . Thank you Tim
I wish them the best. Also not interested in any hospitality business. Too much work for low profit. Still I wish them well
Wow. The price of a 1500 sf house in the US. What a great deal.
You mean a 1br mobile home😅
I always wanted to visit. I have been watching Kents endeavor through your channel. May GOD bless you.
Beautiful property!!
Nice place good luck. A lot more than I would pay for it. If you do drop the price a reasonable amount let me know. Thanks for sharing!
What do you think is reasonable? Do you know the cost of land with white sand beach access in this area? Going up on a regular basis for last ten years in this area.
I wish him the best of luck. It's to bad he needs to sell. I hope his medical treatment and recovery a fast. 🙏🙏🙏
$340k in that area for that is wild.
Agree! Not even a prime location! Except a nearby beach that’s about it
Someone will view that property and appreciate and love everything about it and quality of building material.
If affordable its reasonable. Probably about rude comments, most couldn't afford if hakf asking price.
Ur mental mate. That's cheap shit workmanship. With a over inflated ego driving a cost of 19mil. It wouldn't fetch 4mil in that location.
I love the place. It was built out of love. If i have that kind of money, i would buy it.
Why not seek out a "partner" at a 50/50 split.
Wow! Sad that they have to sell their dream…😢
I will do it all over after I’m better. No worries.
19 million pesos you will never get back, unless you can get another foreigner to buy it for some reason.
This guy's a bit disingenuous, and you could probably get it under 11m. I just looked online and 2 months ago it was listed at 17m. Then there's a youtube video from last March that had it at 13m. He raised the price $100k - a special price for Tim's viewers, I guess. Be sure the restaurant income they say they are making are likely to be accurate. Their site says $200k pesos/mo, which I highly doubt in such a small town (but who knows). Buy this because you can afford to live your dream, not because you need the profits to sustain it.
I live in an expensive city in Ph where small houses sell for as much as this property, if you can get it for 17 million it would be a good deal imo,
@@rayfinkle9369 it’s never been 13m sir. You can’t get 2000 square with house for that here. There is a house on a lot next to the road down the way if you want. It’s 250 square land and 10m. 40k a square. Even at 19m and 2000 square that’s 9500 a square.
Now that a square deal! lol 😂
Weird why dose the account commenting here claiming to be the owner say Kent hoover. But the person selling Saya Kent Quinton. Yet the wife is a total different last name. This seems very very fishy. Why they hidding? Use caution. Not only the steep price.
True
Ken really likes his columns.
And his tiles😂
And all the mixed match wild colors, why they didn't put a deck on the master bedroom and looking out to the back yard to a corrugated metal fence, It looks really run down and shabby
Good Luck Property Sellers Awesome Property.
a big house, but livable area sacrificed for a roof top terrace. layout suggests that no architect was engaged.
I notice that
It’s quite common
Well I didn’t want livable area upstairs. Like with rooms and stuff? Where family members could live? No I wanted a rooftop deck overlooking the bohol sea to drink my coffee and enjoy the beautiful beach view my friend.
@@kenthoover8427you are 100% correct my friend.. like Frank Sinatra sings, you did it your way 👍👍
@@kenthoover8427 poor layout, poor detail and very gaudy color schemes. but....obviously what you and your wife wanted, but such details will impact your ability to sell for what you're looking for.
however...if the bar/restaurant is a thriving money printing business, then you may well be selling too low. in that case, instead of focusing on the house, you should have provided monthly turnover, costs and profit..including how much (if any) you and your wife are paying yourselves. in that case, why are you wanting to sell all? you could sit down with the local manager of BDO or BPI and arrange a business loan with the property as collateral. no risk to the bank and you get cash for your medical treatment, and get to keep your dream house/bar-restaurant, and only pay nominal interest on the loan.
wish you good luck in selling your property.
If I have the money I will buy it. I feel something beautiful on the surroundings. Love the ambiance.
IF you had $340K, why buy a poorly laid out home especially that so-called half bath upstairs...it's a closet, open ceiling and that door over the stairs?.....what the heck is that. The bathrooms esp. the master is so small; black sinks and stark white toilet and jetted tub? GAUDY!
@@normalperson9646 I love the location. The house design I could alter it or renovate a few here and there. I think the price is still negotiable. Thank you.
This is like a highly customized motorcycle. It’s worth a lot to the current owner, not so much for the buyer. I hope he gets a good price for it. I doubt he’ll get his asking price though
That's a good deal if the location is right. Here in Subic prices are higher but services are good.
Beautiful place, great price.
That’s awesome Tim. Yes Americans we need property over there. I should be there soon
The home prices are going up now! IMe and and my husband might going home for retirement but might build a house in my shared property in the Province of Southern Leyte. Cebu's properties are so expensive too.
This house is oddly built with strange design placement. Can't say he has good taste
Yes, the design is very chaotic. For the nice owners, they have to know that it is not possible to sale it for their asking price. Pilipinos do not buy this property. When they have the capital they go to the tourist places to show off. For most of the foreigners this is above their budget. Foreigners with this capital are now moving out of the country and invest in other asian countries . The moment somebody gives a serious offer , they have to accept it . They are going to loose , but it is better to move on when your decision is made. I hope the best for them but at 19 mln or 15 mln, years will pass by in waiting. It is a sad story, but their future starts today.
Exactly the price is too much
Omg! Gorgeous! Whoever buys this property take me with you!!🎉
He made a mistake the location isnt good.
It might be much better to offer this as a turn key lease with the option to buy. That would open things up to many Foreigners who are considering living there and running a Business but don't want to jump right in considering the chunk of change involved. Once they run things and live there for a while they can figure out if they love it then the sale will follow. I would of course leave a manager in place and check on things from time to time as you don't want them to run your Business into the ground. It could be a good money maker for him. I know a Hotel/Restaurant owner who has several Hotels and has done this for 20 years or more.
Beautiful home and amazing beachfront but paying $300,000 is a big risk in the Philippines. Its going to appeal to a very small number of people and would they be able to sell if needed.
Will buy if have $ but w/ markdown, of course. Did you ever wonder why rich and famous people have difficulty selling their mansions? Let alone make a profit. Because most of them are custom made to their tastes
Notice the unisulater roofs,trust me becomes super hot in sun!!!!!
That is a beautiful place and to those saying it is too expensive, you clearly do not know what Americans have to pay to barely survive these days. For someone looking to move away from the US this would be a great opportunity for someone. Gorgeous place and very tranquil.
Well,depends on the relative value in the phillipines,not the US.
$340k for that?
Good luck!!!
Wer is this place ...or What part of the Philippines is your property...
To any foreigners would like to live in the philippines, you guys can own a land and build a house, just ask how to do it. Theres a lot of foreigners who were scam by their filipina wife or girlfriend and they end up broke and homeless. About building a house, buy the materials yourself, watch the workers, and dont let your lady handle your money. Avoid living near your wifes family as we filipino like to hang around from morning to evening, asa many are jobless...so you end up feeding those lazy family members around all the time. Good luck in selling, and keep your money away from snatcher😂😂😊
There’s a foreign blogger before that visited that place ,that’s a very huge property
Wow he must have serious health issues to sell his dream house. I wish you a quick recovery
Thanks so much! Not life threatening but nonetheless something I need to get fixed. Appreciate you!
@@kenthoover8427 … I was wondering why as well. Now, it’s clear. Sending prayers… 🙏🏼🙏🏼 Someone mentioned turning the restaurant into a rental units for additional income. Might you consider that?
@@kenthoover8427 Get well soon!
Where is this place?
I think I heard "Bohol"
@@oriemcewen435
God bless you and your lovely wife and hope you get well soon 🙏🏻
Having hidden rooms behind a wardrobe is Disturbing ............
Good luck selling, nice quaint home, like all expats I’m building my own, 4 bed, 4 bath single story on 2500 sq meters the way I want it but on a much smaller budget. Love the Huskies as I have a giant pack of big US championship line Huskies myself.
It might be helpful to mention the location.
I think the howling dog can hear Kent's voice, and wants some attention from him. Nice property!
for 340k a villa on the golf course with a maid and driver sounds more like it , restaurants are just headaches and money pits GL
2 maids.......
I was thinking of 2 maids also when I opened your comment.
Lol
Best of luck Ken(t)? & Lisa- beauty property. Health is everything! Take care
Buy it Tim! It’ll be perfect for you and Chrissy.
Agree
He doesn’t have that kind of money nor would he ever see a ROI at 340K so not going to happen
great opportunity - will be contacting them ..
Stupidly high price no way someone will be dumb enough to pay this much. Especially in a third world country.
the house looks busy and multi color, we have a Philippine vacation house all neutral color big 60 by 40 Living rooms open 4 big bedroom with bathroom in each bedroom it cost us $150.000 to built it also close to the Ocean in Negros Oriental!
I admire that he has his dream home and business, but I think the price is too high.
The house design is strange and the interior fit and finish is very local (colors, tiles, etc), so not really up to standard for an expat that is willing to spend that kind of money.
Plus, you should provide some information on the business, like does it get any customers or make any money. The location seems to isolated, even though on the main road, to do well.
Her landscaping is awsome!
Well it does have a secret grow room behind the cabinet
Electric too expensive here 🤣
Wow , very nice and well done project . A great fit for the right person . Thanks Tim , great interesting video .
Beautiful place! Take care of yourself!
$340,000 US dollars. Good Luck.
That's roughly 19 million pesos.
Cute wifey.
He did well😊
Bruh, you never been to Ph.
Your amazing. To Proud of your wife congratulations Lisa your lucky wife.
She’s wore the poor old bugger out
Beautiful property, wish you good health
Beautiful property and location. I believe I saw this restaurant in a previous video of yours. I don't get the design of the bathroom off the master bedroom.🤔🏝️
I don't get the design period. Horrendous design and decor.
What happens when the owner is the designer. @@sandrabentley8111
@@sandrabentley8111the whole yard needs to cleaned out! I bet the coconut trees he cut down when they bought it made it look a lot better. It looks like grandma's garden gone amuck! And it looks like he has very little beach access. And it is not an ideal beach unless high tide makes a huge difference??
Pretty Amazing ... be next to the White Sand Beach it seems also solid construct place! Good Luck~~
It would be nice if they didn't allow stray dogs on the beach...but you know how it is in the Philippines.
Just a reminder Tim that outskirt/rural Japan has cheap house/properties and is very cheap flights to and from Philippines. Just a thought about diversifying since they allow foreign property ownership. America is potentially going to be the #1 surveillance state if it isnt already. Makes Britain's CCTV look antiquated. I'm just approaching this from the idea that even rural Idaho can be ruby ridged but in a systemic dystopian round up way, and the Maui fires don't bode well for settling in blue state mid Pacific. We are what, half a decade away from AI drones and mark on hand or forehead prophetic territory. Say its a decade. Now's the time to have a de-urbanize pathway for your family, so that a well paying job can be quit and moved on from without catastrophic financial fallout.. sorry too much coffee
Prepare now...the emerging totalitarian state is no joke. BTW, Malaysia is a place that allows foreign ownership of land/houses and the infrastructure is far ahead of the Philippines.
The sky is falling and it has been falling ever since Elvis Presley and the Beatles appeared in USA.. the sky is falling but it hasn't fell yet😮😮😮
@@richardhowe5583 Empires do eventually end...
@@aphilippinesadventure9184 yes sir👍😁
@@richardhowe5583 There are historical metrics for the end of empires...and despite that, it seems to take most people by surprise.
Thats a nice little place. Good video on this. Thanks Tim. A good trip watching this
Wow they did a great job it’s very beautiful I love it all👍
Selling because of medical issues? Does he not have insurance or can't take a loan out? If the business was doing well he would have no problem with the money. Sounds like he is bailing on a failing business....
spot on i can smell a stinky fishtail
Man, a lot of Trolls commenting here. Hopefully you get your health issues taken care of Kent. At 67, no owning a business or buying property for me, to much work and risk turn key or not, I'm retired. No one knows how much time you have left.
I don't know about the location or price but good luck.
Good luck bro, I have sent it to some people I know in Canada.
I still like the houses here in U.S.plus that price is too high that’s 15 million something pesos,That’s overrated price that’s a lot of money for that kind a house the owner is pricing his property like here in U.S.Philippines is not United States No one will buy that for that price!
It is a wonderful property. Hope you get your health issues taken care of.
Beautiful property.
It sounds like what he wants for it he wont have to worry about giving up that business anytime soon.
Tim, you did a nice job doing the video and some presentation.
thank you