International Airbnb Market(Cebu Philippines)

[Zachary Himes]

I own a house free and clear in Cebu City Philippines. I have many many questions regarding the market in Cebu. The house is about 15 minutes outside of the city, in a smaller suburb named Talisay. 

It is a four-bed 3 bath house, that is currently unfurnished. I have the funds to fully furnish and get this up and running but I have some concerns about this particular market. I've tried looking on AirDNA at Talisay and it is not on there. Cebu city which like I said the house is about 15 minutes outside of the city seems to be an okay market I think I saw it was rated a B on AirDNA or something. 

My Questions:

1. Does anyone have experience with Airbnb in Cebu? How is it?

2. Is it work the risk of furnishing, I've budgeted about 15k or so to fully furnish the entire house, how would I way this investment as there isn't a lot of info on the area?

3. The profit margin is great as I have no overhead except the furnishing costs, once it's up and going as it's paid off. 

4. I would invest the 15k elsewhere if this isn't the case, so it wouldn't be sitting doing anything.