Steve.. We decided to invest in land within Bohol.. The main reason being that land is still relatively cheap considering the amount of development by major companies just about everywhere here..
We walked around a huge project just yesterday in a coastal/fishing village called Dojo.. A 350 room hotel being constructed by the Bellevue hotel group (Same builder that constructed Mall of Asia) over 3.5 Hectares of prime and sub prime white beach.. When its finished the area will leave Borocay in the dust IMO.. They have just started importing white sand to a huge rocky coastal section and already it looks better than Bali!!
Fortunately we managed to secure a small lot near the beach there 2 years ago.. Land there is still cheap/ish and a fantastic investment IMO in the near and long term..
Another factor in our decision to invest here is because the place is a favoured retirement area for US and European expats and retirees and the cash that they bring..
The property market in the Phils IMV is completely different to anything in the UK.. Prices only ever seem to go up..Never down!!
Having said that there are many many areas and provinces throughout the Philippines that I wouldn't personally touch with a 20 ft barge pole..
Hope you find the lot you are looking for one day..
Cheers,
Fred.
