Buy a wave in the Phillipines
5 mates @ 50 000 each, set up camp and live the life.....I'm in...if it wasnt a scam that is...
I was thinking the same thing Mark, but I don't subscribe to the concept of wave exclusivity or ownership.
May not be a scam though, a couple of savvy mates of mine bought 3 hectares overlooking a beautiful bay with a right/left reef combo on Lombok. About 45 mins from the new international airport. Less than the asking price of the Fillipino wave too.
I've asked him for photos and if they come through then I'll begin to haggle.
Stu, it may not be a scam, but beware traps for young players.
First up, foreigners (generally speaking) cannot own land, only building(s) on it, and the land's legal holding entity must have majority Filipino composition; check first with yer wife on this one.
Secondly, not all Philippines' land is subject to a title registry system; if this is the case with the land in question, establishing just who the current legal owner is (so clean legal title can be passed) will be nightmarish.
On a brighter note, I do have an opportunity with a Nigerian banker trying to get USD$ out of his country, if you're interested....
Capital city two hours away.......hmmmmmm....
We could track this one down pretty easily.
And it's protected from the ameehan.
Wouldn't be suprised if it was true, dont know about Phillipines but average going rate for land in Indo outside of Bali/Lombok and citys is about $5 per m2.
So that would make it about just over $8 per m2 sounds realistic for a similar nearby country, but bet the true local price would be much cheaper.
where does one sign up mr nettle? surely its not a scam ? is it ? does the email look good? if so then you can rest assured it is . happy left handers , one is goofy , footed that is
this was bought to you by a wanting his own break that befits his surfing ability HRH bigwayne
I just got sent this email and I can't tell if it's a Nigerian scam moved to SE Asia or what. Who buys a wave? Who responds to these sort of emails?
Dear Sir,
I am just wanting to let you know that my friend has a private wave for sale in The Philippines that is consistent year 'round. The water is very warm and the people are quite friendly.
It is a left that wraps around a headland and is protected from the NE winter winds. The water is clean and unpolluted, and there are other good waves in the area. A capital city with a domestic airport is two hours away.
The deal includes five acres of ocean frontage with a white sand beach nearby.
The price is $250,000.
If you have any questions then please let me know.
Regards,