Property prices for sale in Panglao (Bohol)

The prices in real estate in Panglao, in the Bohol region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

₱ 11,600,605.33
Average price last 6 months
₱ 91,238.83
Price/m² last 6 months
Average price per m2

The price per m² in Panglao has increased strongly during the last 6 months. In November, the average price per m² was ₱ 32,263. In the following month the price per m² increased considerably to ₱ 101,160. The price for the following two months in (January, February) had a considerable increment of 153 %. The price per m² has had a considerable increase of 124 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 84,431.25 to ₱ 104,854 during March, and April.

Average price

Based upon to the price in Panglao (cities), this has fallen considerably in the last 6 months. The average price for November is ₱ 24,456,447. During December the price had a considerable reduction till ₱ 13,023,671. During the following two months (January, February) the average price had a considerable reduction of 48 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from ₱ 13,841,842 to ₱ 7,118,132, which means a 51 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of ₱ 7,288,989 they are 47 % more affordable than the average price for Panglao. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at ₱ 7,858,839.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of ₱ 41,499 / m², with an average ₱ 99,018 / m² price in Panglao. The properties with the highest average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 118,215 / m².

Price per property type

The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of ₱ 7,288,989 it is 58 % cheaper than the average price in Panglao. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Lot" followed by "Lot". At a price of ₱ 41,231,459 it is 2682 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Lot" at an average cost of ₱ 7,970 / m² followed by "House" priced at ₱ 39,645 / m². "Apartment" is the most costly type of property with a ₱ 299,280 / m² cost followed by "Commercial Lot" with an average price of ₱ 123,154 / m².

Charts data
Average price April
Average price per m² April
Number of properties used in Panglao
Number of properties used in region Bohol
₱ 7,288,989
₱ 99,018
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Bohol