Have You Got It Wrong About Europe?
Europe is a continent of myths and legends. Whether it’s the “banshee,” the wailing old woman of Irish folklore who...
Read moreLief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.
Olango Island lies 5 kilometers east of Mactan Island, between the islands of Cebu and Bohol. Olango and its neighboring islets have a total land mass area of about 4 square miles.
English speakers will have no difficulty at all here, as English is an official language of the Philippines and most people are fluent.
Tropical Olango Island offers much to explore in the way of natural delights, from sandy beaches and rocky shorelines to beds of sea grass, forests of mangrove, and reefs of coral.
A reef lagoon surrounds Olango Island and is one of the most extensive reef areas in the Central Visayas. (The Visayas are one of the three principal geographical regions of the Philippines.) To get to Olango you take a 20-minute boat ride across the sea channel from Cebu.
The bird sanctuary on Olango Island is a haven for enthusiastic bird-watchers; you’ll see migratory species from places as far flung as Russia, Mongolia and New Zealand.
The weather is hot and humid, but fortunately Olango is protected by outlying islands from the fierce typhoon winds that beat the island of Luzon most years.
Olango Island is a retirement option for the adventurous at heart, it’s back to basics in the most genuine way, but if you have ever dreamed of escaping to a peaceful tropical island then Olango could be for you.
The biggest appeal for this part of the world is the cost of living. It can be extremely low, as little as US$600 a month on Olango.
Rent on Olango is considerably less expensive than in Cebu or Mactan. It’s possible to rent an apartment for less than US$100 a month, and monthly electricity bills can be as little as US$20.
Start Your New Life Today, Overseas
You won’t need to run a car on Olango Island, but you will need to allow for regular trips to Cebu or Mactan for supplies.
There is a regular ferry from Mactan, but it is also possible to negotiate your own price with a boat-owner, or share the journey with friends.
Expense | Monthly Cost | Notes |
---|---|---|
Rent | PHP 4,430 | |
Gas (bottled) | PHP 792 | Used for cooking. |
Electricity | PHP 1,100 | No air conditioning installed. |
Water (non-drinking) | N/A | Included with rent. |
Telephone | N/A | No landline available on property. |
Internet | PHP 880 | Wireless. |
Cable TV | PHP 599 | |
Groceries | PHP 8,800 | |
Entertainment | PHP 1,100 | |
Total | PHP 17,701 |
Click here for currency conversion at today’s exchange rate.
Europe is a continent of myths and legends. Whether it’s the “banshee,” the wailing old woman of Irish folklore who...
Read moreGood-Weather Tagaytay Is Emerging As A Top Choice For The Retiree On A Budget The city of Tagaytay is one...
Read moreEurope is a continent of myths and legends. Whether it’s the “banshee,” the wailing old woman...
Read moreWe've all read axioms about travel... "It's not the destination, it's the journey... " Or this from J.R.R. Tolkien: "Not all those who wander are lost... " Or this gem from Caskie Stinnett, which rings so true to me: "I travel a lot; I hate having my life disrupted by routine." Why, when choosing to retire abroad, must it be a matter of exchanging one home in one location for another in a new location? One daily routine for another?...
Read more© 2008 - Live and Invest Overseas - All Rights Reserved.
Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…
BEST PLACES TO RETIRE
FREE REPORT:
Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.
RETIRE OVERSEAS AND LIVE LIKE ROYALTY
Are The Philippines Your Dream Destination?
© 2008 - Live and Invest Overseas - All Rights Reserved.