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Real Estate in Bohol Island, Philippines | Digital Nomad Exchange
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Real Estate in Bohol Island, Philippines

By Betsy Burlingame

Last updated on Jun 12, 2024

Summary: People living in Bohol Island, Philippines offer advice about real estate. How do you find a home in Bohol Island? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Bohol Island?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"To find a place to live in Bohol Island, you can start by researching online on websites such as Airbnb, Booking.com, and Agoda, which offer a variety of accommodations, including hotels, guesthouses, and vacation rentals. You can also join Facebook groups dedicated to Bohol Island, where locals and expats often share information about available housing options. Another option is to visit local real estate agencies in Bohol, such as Bohol Real Estate and Bohol Property Finder, which can help you find houses or apartments for rent or sale. Additionally, you can ask for recommendations from friends, colleagues, or acquaintances who have lived or visited Bohol Island. Finally, consider visiting the island and exploring different neighborhoods to get a feel for the area and find a place that suits your needs and preferences," said one expat who made the move to Bohol Island.

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What is a typical expat home or apartment like in Bohol Island?

"A typical expat home or apartment in Bohol Island, is often located in a safe and secure neighborhood, close to amenities such as shops, restaurants, and tourist attractions. These homes are usually fully furnished, with modern appliances and comfortable furniture. They often feature air conditioning, reliable internet connection, and cable TV. Some expat homes may also have access to shared facilities like swimming pools, gyms, and recreational areas. Many expats choose to live in beachfront properties or homes with scenic views of the island's natural beauty. Additionally, these homes are often designed to blend in with the local architecture, featuring elements such as bamboo, nipa, and other native materials," said one person in Bohol Island.

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What is the average cost of housing in Bohol Island?

If you are thinking about moving to Bohol Island, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Bohol Island, can vary depending on the type of property and location. In general, you can expect to find affordable apartments and houses ranging from $100 to $300 per month for rent, while purchasing a property may cost anywhere between $30,000 to $100,000 or more. Luxury properties and beachfront homes can be significantly more expensive," said one person in Bohol Island.

Should I buy or rent a home in Bohol Island?

If you have not spent a lot of time in Bohol Island, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Bohol Island, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Bohol for an extended period and have the financial means, buying a home can be a good investment, as it allows you to build equity and potentially benefit from property appreciation. Additionally, owning a home provides stability and the freedom to make modifications to suit your preferences. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Bohol Island allows you to explore different neighborhoods and housing options without the commitment of homeownership. It also provides the advantage of not having to worry about property maintenance and taxes, as these responsibilities typically fall on the landlord. Ultimately, the choice between buying and renting a home in Bohol Island depends on your individual needs, preferences, and financial situation. It is essential to carefully weigh the pros and cons of each option before making a decision," remarked one foreigner who made the move to Bohol Island.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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