Pacquiao Private Beach House - Real Estate Agent Reacts
Did you know that according to DENR’s Land Management Bureau, the Philippines, being an archipelago, has one of the longest SHORELINE in the world? We are taking about a coastline of approximately 36,289 kilometers long.
Here’s another one, did you know that almost 60% of our country’s total population resides in the coastal zone and 70% of the total municipalities & cities are located in the coastal zone. And im sure meron kayo mga tito jokes nong bata pa kayo kung gaano kayo kagaling mangbitag ng alimango or paano kayo tumatakas para maligo ng dagat or paano nyo pinagaling ng tuli nyo.
So, in this video lets feature one of the biggest private white sand beach resort here in the Philippines and one that is owned by a famous politician, a philanthropist, a real estate investor, a family oriented, god fearing individual not to mention, same kami ng birthday.
Now we will be looking at the resort from a real estate perspective. Was it a good investment decision for the Pacquiao’s to buy a private beach property na super laki?
At ano2x nga ba ang advantages, disadvantages at misconceptions of a beach property?
Now, the Pacquiao private resort was constructed about 8 years ago and has a lot area of 3.4 hectares.
And I am almost sure that the value of the property in the neighboring area have increased dramatically. Wala naman other major developments in the area. At kahit sabi ng most real estate experts ay location, location, location, sabi naman ng mga katabing lot owner, Manny, Manny, Manny!
Just the fact that a very famous person owned a property in the area is a good real estate sales pitch ng mga lot owners na taasan ang price ng lot nila.
The resort is located in their hometown in Glan, a 1st class municipality in the province of Sarangani, Philippines with a population of about 120,000 people.
Just by looking at the property you can immediately see the white sand beach and the beachfront is very wide! So no brainer talaga na kinuha nila ang property na ito.
And by the way, to those that might ask, although the property is in Glan, this is not part of the famous Gumasa Beach, also known as the Boracay of the south, that boasts of a 6 km powdery white sand beach.
Their property is a few kilometers north of that. And it’s actually a good choice. It’s is more private, which is how the Pacquiao’s like it, but still getting that white sand beach that Glan is known for.
And not like it matters but the zonal value of the land here is cheaper than the more developed and commercialized neighboring beach.
Under Article 51 of the Presidential Decree No. 1067, otherwise known as “The Water Code of the Philippines”, Salvage Zone is defined as “the zone of three (3) meters in urban areas, twenty (20) meters in agricultural areas and forty (40) meters in forest areas, along their margins, subject to the easement of public use in the interest of recreation, navigation, floatage, fishing and salvage. No person shall be allowed to stay in this zone longer than what is necessary for recreation, navigation, floatage, fishing or salvage or to build structures of any kind.”.
Now you might have noticed that there is like a pile of rocks on this side of the property extending to the water.
Eh sabi ng PD 1067 wala dapat structures of any kind?
This is what you call a Jetty.
A jetty is a structure that projects from land out into water.
Jetties protect the shoreline of a body of water by acting as a barrier against erosion from currents, tides, and waves. Jetties can also be used to connect the land with deep water farther away from shore for the purposes of docking ships and unloading cargo.
A pier is a type of jetty.
But you cannot build a jetty right away. This structure needs environmental assessment and environmental clearance certificate of ECC from DENR before they can be initiated.
Now lets look at the structure extending to the water which madame Jinkee calls the bulwagan. Now again we said that all beaches are owner by the state. If this is the case, what happened to this?
Since the beach are owned by the beach, there is a process that is called a foreshore lease application.
Foreshore Lease Application – is a type of application covering foreshore lands, marshy lands and other lands bordering bodies of water for commercial, industrial or other productive purposes other than agriculture.
The foreshore lease application or renewal shall be filed with the Community Environment and Natural Resources Office of CENRO) which has jurisdiction over the area.
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OSHDP Affordable Housing Summit 2021: The Home EveryJuan Deserves
Welcome to Day One of OSHDP Affordable Housing Summit 2021: The Home EveryJuan Deserves!
This event is presented by the Organization of Socialized and Economic Housing Developers PH (OSHDP), together with The Global Filipino Investors (TGFI). Learn from 30+ industry experts and experience a remarkable learning opportunity!