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Real Estate in Dumaguete , Philippines | Expat Exchange
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Real Estate in Dumaguete, Philippines

By Betsy Burlingame

Last updated on Nov 03, 2024

Summary: People living in Dumaguete , Philippines offer advice about real estate. How do you find a home in Dumaguete ? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Dumaguete?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Dumaguete, Philippines involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from apartments, condos, houses, or even dormitories if you're a student. Next, you should research the different neighborhoods in Dumaguete to find one that suits your lifestyle and preferences. Some popular areas include the city center, Valencia, and Sibulan. Once you have a general idea of where you'd like to live, you can start your search. There are several online platforms where you can find listings for rentals in Dumaguete, such as Lamudi, Dot Property, and Rentpad. These websites allow you to filter by location, price, and type of property. In addition to online searches, you can also find a place to live by contacting local real estate agents. They can provide you with listings that match your criteria and arrange viewings. Another option is to ask for recommendations from locals or expats living in Dumaguete. They can provide valuable insights about the best places to live and may even know of available rentals. Once you've found a potential place, make sure to visit it in person before making a decision. Check the condition of the property, the amenities, and the surrounding area. Finally, once you've chosen a place, you'll need to negotiate the terms of the lease with the landlord. Make sure to read the contract carefully and clarify any points you're unsure about. Remember, finding a place to live can take time, so it's important to start your search well in advance of your move," remarked one member in Dumaguete .

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What is a typical expat home or apartment like in Dumaguete?

"A typical expat home or apartment in Dumaguete, Philippines, is often a modern, fully furnished space with a blend of Western and Filipino design elements. These homes usually have two to three bedrooms, a spacious living room, a fully equipped kitchen, and one or two bathrooms. They often come with air conditioning, high-speed internet, and cable TV, catering to the needs of expats. Some apartments may also have a balcony or a small garden, offering views of the city or the sea. Many expat homes are located in secure, gated communities with amenities like a swimming pool, gym, and 24-hour security. They are often situated close to the city center, within easy reach of shops, restaurants, and other conveniences. Despite being modern and comfortable, these homes still retain a touch of local charm, with elements like bamboo furniture, native artwork, and tropical plants," explained one person living in Dumaguete , Philippines.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What is the average cost of housing in Dumaguete?

If you are thinking about moving to Dumaguete, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Dumaguete, Philippines can vary greatly depending on the location and type of property. For a decent apartment in the city center, one might expect to pay a monthly rent of around 10,000 to 20,000 Philippine Pesos. If you're looking to buy property, a new house in a decent neighborhood can cost anywhere from 2 to 5 million Philippine Pesos. However, these prices can go up significantly for luxury properties or houses in prime locations," remarked one foreigner who made the move to Dumaguete .

Should I buy or rent a home in Dumaguete?

If you have not spent a lot of time in Dumaguete, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Dumaguete, Philippines, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Dumaguete for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting a home in Dumaguete might be a better option if you're not sure about your long-term plans or if you prefer not to have the responsibilities of home ownership. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also means you won't have to worry about maintenance costs or property taxes. It's also worth considering the cost of living in Dumaguete. While it's generally lower than in many Western countries, buying a home is still a significant financial commitment. You'll need to consider whether you can afford the upfront costs, as well as ongoing expenses like maintenance and property taxes. In conclusion, whether you should buy or rent a home in Dumaguete depends on your personal circumstances and financial situation. It's a decision that requires careful consideration and, ideally, advice from a financial advisor or real estate professional," said one person in Dumaguete .

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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