Yes Steve but location is a huge factor in who will be renting your units and how you will have to calculate your income or ROI (return of investment) . There are some excellent locations here still but prices are beginning to get a bit silly .. Panglao is getting that way now as the airport construction will start next year. Tons of construction projects all over the island including new perimeter ,central and provincial roads.. New punters jostling for position all over the island.