I often get e-mails (and Feyma does too!) from LiP readers asking about finding a house to rent here in Davao, or elsewhere in the Philippines. The people often want to know what kind of house they can get, and how much it will cost them. Or, they might say “how much is it for a 3 bedroom house?”
Well, this is a very difficult question to answer, because the number of bedrooms does not necessarily determine the rental price of the house! I mean, you could have a very high quality place with 3 bedrooms, or a 6 bedroom shanty, and I can assure you that the 3 bedroom place would rent for more! This is just common sense. Since I usually don’t know the person who is asking, have never met, etc., I really have no idea what kind of place this person is interested in.
So, today, I want to share with you a video of the house that Feyma and I live in. We have lived in this house for almost 4 years now, and have one more year to go on our lease. The house is located in a very convenient area of town, near the heart of Davao City. It is 15 minutes to walk to many major parts of town like G-Mall, Victoria Plaza, Apo View Hotel or Marco Polo Hotel. Yet, it is a residential area. So, it’s a place that gets a fair amount of demand, and rightfully so.
Now, let me say, my house is quite large. I estimate it to be about 4,500 square feet, or 450 square meters. It is a 2 level, daylight basement style place, as you will see in the Video. The house has 4 bedrooms, 3 baths. The rent we pay is about P35,000 per month, about $700, or slightly more. A number of areas in the Philippines that I have looked at have less expensive rental prices than Davao. Particularly in the past few years, rentals in Davao have appreciated considerably. This is a large house for the Philippines, and also expensive for here. There are more expensive places in Davao, probably up to about double the price we are paying, but the vast majority of houses here would rent for much less than this price. But, at least this will give you an idea of what you can get for the money.