Some of the common complaints I’ve heard from the real estate investors here in the Philippines about their properties varied from the inferior construction quality of the homes to the properties being too far from other establishments like schools, hospitals, and shopping centers. High home association fees usually do not go towards the upkeep of the properties. These are important information that were either withheld or not explained properly during the selling process.How difficult is the property purchase process in the Philippines?
most people make no money or very little when attempting to resale due to a 6% capitol gain tax
Foreigners cannot own land, but can own condominium units or apartments in high-rise buildings as long as the foreign proportion does not exceed 40%. They can also buy a house but not the land on which it is built. Leases on land up to 50 years, renewable for another 25 years, are available.If a foreigner is keen on acquiring land, there are several options. One, if married to a Filipino citizen, is to have the ownership of the land under the Filipino’s name. However, in the event of death or separation, the land cannot be transferred to the foreigner. Another option is to acquire land through a corporation. Corporations can only be, at the maximum, 40% foreign-owned.
The maximum area that may be acquired for residential purposes is 1,000 square meters of urban land or one hectare of rural land.
Read this article athttp://www.globalpropertyguide.com/Asia/Philippines/Buying-Guide
Read this article athttp://www.globalpropertyguide.com/Asia/Philippines/Buying-Guide
Should You Buy Properties In The Philippines Or Rent First? read more at this link http://www.philippinevoyager.org/?p=249
A good forum for finding real estate for salehttp://www.pinoyexchange.com/forums/forumdisplay.php?f=242
AyosDito.ph is a simple idea: buy and sell basically everything, like: cars, motorbikes, housesand computers in your region conveniently!
http://www.ayosdito.ph/
Should You Buy Properties In The Philippines Or Rent First?, Tips On How To Buy, Philippine Condominiums (or any Philippine real estate) click this link to read more
http://www.arizona4pinoys.com/tips-on-how-to-buy-philippine-condominiums.html
Before Purchasing a Condo read this article
http://realestateblogpost.blogspot.com/2009/03/before-purchasing-condo.html
Condo association fees and maintenance fees philippineshttp://philippinestuff.wordpress.com/2009/07/17/condo-association-fees-and-maintenance-fees-philippines/
Advice for Foreigners Buying or Building in the Philippines. Helpless Property Buyers on the Rise.
Read this article at http://www.retireinphilippines.com/advice.htm
Read this article at http://www.retireinphilippines.com/advice.htm
Here are some classified to find a property ideal for you in the Philippines
Sulit is an outstanding place to look for classified ads for properties, just do a search for the type of property you desire such as beach house with city you want to look http://www.sulit.com.ph/
15 Bedroom BEACH HOUSE ESTATE FOR SALE CEBU exampleclick this link to read
Buy and Sell has land, house and lot, condos, or lots of rentals
http://www.buyandsellph.com/
http://www.buyandsellph.com/
Ebay Philippines has lots of houses, lots, beach houses, condos for sale just do a search for what you want
http://shop.ebay.ph/?_from=R40&_trksid=m38&_nkw=houses&_sacat=See-All-Categories
Cebu Classified has lots of condos, house and lots, farms and land
http://www.cebuclassifieds.com/index.php?catid=2
Cebu Best Homes
http://www.cebubesthomes.com/
http://www.cebubesthomes.com/
Pinoy Exchange
http://www.pinoyexchange.com/forums/forumdisplay.php?f=242
Tags: beach house, buy, condo, how to buy land in the philippines, land, phillippines, real esate, where
11 comments:
The information you posted here are very useful for people who are interested to invest on real estate properties. Thanks for sharing this!
Philippine real estate
This information is an interesting idea; I’ve agreed that much real estate in the Philippines is too far and difficult to go in any establishment. The following info is very helpful and we should use it before buying any real estate. Thanks for the information.
Philippines is great place for investing in real estate but as foreign investor you should have good amount of knowledge about the market.
Vacant Land for sale
Thanks for this well written article. Indeed, philippine is a great place to settle down. Before deciding on where and what property to buy in the market make sure that it'll be a whole family decision.
quality and affordable housing in cebu
Thanks for sharing nice article.
House for sale in cebu...
http://www.cebucities.com
I am a Luxury Arizona Real Estate agent. I totally agree that being a landlord is not easy. Suppose you rent out a house to someone, it will not diminish your headache, even increase you pain. You always need to offer people well-conditioned house to live in.
These are very helpful tips that everyone must consider before buying a condo. At the end of the day, it is important that you are honest with yourself of how much you can afford so it won’t turn out to be a disaster. For more info on condos at The Fort Taguig Philippines, you may visit www.thefortcondominium.com
Great article! Thanks for the links, it’s very useful. I can now share this to my foreigner friend who’s planning to buy a condo in Taguig.
Great article. If any one looking for land or plots in Salem? visit
Land for Sale in Salem | Home for Sale in Salem
Useful post. Thanks for sharing. Now I know hot to buy a real estate cebu.
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