Are you ready to retire? If you enjoy year round warm tropical weather and exotic beachfront living, look no further. Located in Lapita Surigao, the surfing capital of the Philippines, we offer 2 beach houses consisting of the finest construction in the area.
35k pesos is $618 USD and 20k is $353 USD
Lease Agreement Breakdown for Surigao Beach House
Lease Term: 1 to 3 years
Rent Rates:
Large Beach House (138 sqm/1,485 sf): PHP 35,000 per month
Smaller Beach House (66 sqm/710 sf): PHP 20,000 per month
Renewal Option: 1-3 year renewal with a 10% increase in rent rate
Security Deposit: PHP 70,000 (Large) and PHP 40,000 (Smaller), equivalent to 2 months' rent
Utilities:
Tenant responsible for electricity and trash
Water and wifi internet included
Property Maintenance:
Landlord responsible for maintaining the property and landscaping
Tenant responsible for minor repairs and maintenance
Discounts: 25% off all food menu items at the on-site restaurant for lease holders
No Increase Clause: Rent rate remains the same for the entire lease term
Breaking Lease: Requires 90 days notice and an additional 3 months' rent
Dispute Resolution: Amicable resolution with local barangay captain as mediator if no agreement is reached
Restaurant is rated #1 of 405 listed on restaurantguru.com
Alternatively retirees have long term pre-paid option to lock in preferential pricing of no increase for 10 years.
10 Year Pre-Paid Rent Rates:
Large Beach House (138 sqm/1,485 sf): PHP 3,500,000 ($62k USD)
Smaller Beach House (66 sqm/710 sf): PHP 2,000,000 ($35K USD)
Discounts: 50% off all food menu items at the on-site restaurant for pre-paid lease holders
*Offer is contingent upon successful deal closing.
If no leasee, these homes will appear on vacation rental applications such as Airbnb.
