I have one question regarding the price of land in the Philippines - specifically in this case the agricultural land that will be used for rice cultivation. I don't know exactly what the size of the land is, but 0.2 BTC is around $10 000 at the current price - so even though you included all the other costs, I was somehow convinced that agricultural land in that part of the world would be much cheaper.
In my country (EU), a large proportion of workers earn that much throughout the year - although there are those who earn perhaps only 60-70% of that amount.