Maybe it's just that we have different understandings of what we call cheap.
A lot depends a lot on what you look for and where, and where you come from. If you replace a London place with a Phil place the latter will be very much cheaper. If you're from Anfield it won't be.
If you want a flat in Manila or Davao, then the prices (that I see on websites, resumably you can save if you look locally) won't be much different from flats in much of the UK (30-40k for a flat when we checked this winter, the flat that we got in the end would have been maybe 5-10k more expensive in Reading). Of course decent houses in the UK are ridiculously overpriced, so if you are looking for a decent house will be much lower in the Phils, especially if you go out of the cities. Houses elsewhere in the EU aren't as overpriced, though. Anyway, just because things are cheaper doesn't necessarily mean they are cheap, maybe they are just less expensive.
Of course there's the additional problem that as a foreigner your buying options are limited.
Yes. The sum $2000 per month was mentioned in this thread. I would be surprised if that was possible - house, nurse, health insurance would eat much of it I'd imagine.
Yes. A lot depends on what one wants from the health insurance and if you insure in country or not, I guess. The mileage will probably vary wildly.
Does anybody here have experience with Bluecross or any other private phil health insurance? How reliable they are? We're thinking of setting one up for the family of my fiancee (brother, wife, 2 kids).
Yes.
Btw: None of the above has much influence on my thinking regarding retirement in the Phils. The things that scare me away are:
1) Poverty. I really don't want to see that every day.
2) Corruption. Anybody can trump up any charges and if the right people are bribed you're in deep sh*t.
Of course there's also:
3) Why invest into someone/something who prevents my Asawa and Anak from being with me?