Archbishop Villegas Sells Tagaytay Vacation House for a Stunning ₱20-M
Archbishop Socrates Villegas sold his Tagaytay City vacation house for ₱20 million and making a net profit of more than ₱12 million in the process, a report by local real estate magazine said.
Villegas, the current Archbishop serving Lingayen-Dagupan in Pangasinan, and the former chairman of the Catholic Bishop Conference of the Philippines (CBCP), is one of the wealthiest religious leaders in the Philippines.
The 5-bedroom mansion, which is located along the national highway overlooking the Taal Lake, was constructed last 2009 for ₱7.8 million, fetched a stunning ₱19.8 million when it was sold last week, giving the Archbishop huge profit.
The Fil-Am couple who bought the house said they think the house is blessed because it was owned by an Archbishop so the cost was not really an issue for them.
Urban Real Estate Corporation, the agency that sold the house said the property is one of the most successful deals since their company started dealing with houses 3 years ago.
“It’s a expensive yet more than a dozen of customers lined-up because of the history and background of the house. The mere fact that it was owned by an Archbishop doubled its value”, real estate agent Dolores Platon said.
Villegas still owns another house in Tagaytay the agency declined to comment if it is also for sale.
The new owners also requested the Archbishop to give the house its last blessing before they relocate.
Villegas, the current Archbishop serving Lingayen-Dagupan in Pangasinan, and the former chairman of the Catholic Bishop Conference of the Philippines (CBCP), is one of the wealthiest religious leaders in the Philippines.
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The Fil-Am couple who bought the house said they think the house is blessed because it was owned by an Archbishop so the cost was not really an issue for them.
Urban Real Estate Corporation, the agency that sold the house said the property is one of the most successful deals since their company started dealing with houses 3 years ago.
“It’s a expensive yet more than a dozen of customers lined-up because of the history and background of the house. The mere fact that it was owned by an Archbishop doubled its value”, real estate agent Dolores Platon said.
Villegas still owns another house in Tagaytay the agency declined to comment if it is also for sale.
The new owners also requested the Archbishop to give the house its last blessing before they relocate.
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