OWNING A HOME IN BAGUIO, PHILIPPINES
Owning a home is really inexpensive if you are a foreigner. Below are some options for standard or luxury homes, the cost and time it takes to build.
2 Story NICE 93 Square Meter Average Custom Home
- – $22,000 building materials
- – $22,000 for a nice plot of land
- – 4 week blueprint
- – 5 months build time
- – Architect plan, police permit, building permit (even the neighbors need to approve your building)
2 Story LUXURY 93 Square Meter Average Custom Home
- – $42,000 building materials
- – $22,000 for a nice plot of land
- – 4 week blueprint
- – 5 months build time
- – Architect plan, police permit, building permit (even the neighbors need to approve your building)
Note: Foreigners cannot buy land here, you have to lease the land for 25-50 years and renew. Foreigners can get condos though.
1-2 Bedroom Luxury Brand New Condo
- – Swimming pool, sauna, fitness gym, cafe, laundry included
- – $40,000 avg
Large FARM/RANCH Already Built
- – 8 bedrooms
- – 4 bathrooms
- – Garden & outdoor kitchen
- – $150,000 – $250,000
Cost Of Utilities & Other Household Expenses in Baguio
Great thing about Baguio, it’s 70F degrees average temperature all year round, so there is no real need for air conditioning, however I do keep a fan in every room when it’s hot and a small space heater in my home office for when I wake up early in the morning to work (because I get cold easy)
- Monthly Electric – For 2 Story Home – $30 (high usage, like me) or $15 (normal usage)
- Drinking Water – $7 per 100 gallons drinking water (lasts 3 months for 2 people, really pure stuff)
- Household Water – 3,000 gallons is about $10 bucks (Every building has its own water tank, and the cost to refill with delivery is so cheap it’s hard to ever price it out)
- Fiber Internet – 150MB connection is $65 a month (that’s what I use, and it’s AMAZING, through Converg Cable) however if you don’t care about blazing fast speed, internet is as low as $20 per month for a 10MB connection speed
- Phone – $10 per month
Total = You can expect your monthly expenses as a foreigner here in Baguio to be about $100 a month for an average 2 story home