December 8th, 2009 Posted in EXPAT News Source: http://www.propertywire.com/
Philippines offers good investment opportunities
Two landmark events have propelled a developing property market in the Philippines to international scrutiny.
The Philippines is not a place that many people consider when they think about property investment, and they would be right to ignore it. With property hotspots springing up around the world in the last two years to replace declining markets in the west, many countries have been overlooked. However, two recent events have catapulted the small country to the international stage in the property market, as many analysts are now predicting good times ahead for the country.
Reasons cited by the firm in doing this include protections for a 12% annual yield on property investment in the Philippines in 2008 as well as an expected rental yield of a similar amount. Another reason has to do less with the property market and more with general development in the country. In the second quarter of 2007, the Philippines reported a GDP growth rate of 7.5% which actually surpasses that of either India or China. All of these different factors have combined to result in a DSR Ltd. endorsement of the Philippines as one of the world’s newest up and coming property markets.
The second event was the reporting of tourism figures for 2007 by the Filipino government in which they cited that foreign tourism had increased 8.7% and surpassed the country’s yearly goal of 3 million tourists. Continue reading here http://philippine-retirement.com/blog/?p=300
Philippines offers good investment opportunities
Two landmark events have propelled a developing property market in the Philippines to international scrutiny.
The Philippines is not a place that many people consider when they think about property investment, and they would be right to ignore it. With property hotspots springing up around the world in the last two years to replace declining markets in the west, many countries have been overlooked. However, two recent events have catapulted the small country to the international stage in the property market, as many analysts are now predicting good times ahead for the country.
Reasons cited by the firm in doing this include protections for a 12% annual yield on property investment in the Philippines in 2008 as well as an expected rental yield of a similar amount. Another reason has to do less with the property market and more with general development in the country. In the second quarter of 2007, the Philippines reported a GDP growth rate of 7.5% which actually surpasses that of either India or China. All of these different factors have combined to result in a DSR Ltd. endorsement of the Philippines as one of the world’s newest up and coming property markets.
The second event was the reporting of tourism figures for 2007 by the Filipino government in which they cited that foreign tourism had increased 8.7% and surpassed the country’s yearly goal of 3 million tourists. Continue reading here http://philippine-retirement.com/blog/?p=300
Also read more at How to buy real estate or land in the Philippines
http://philippineland.blogspot.com/
16 comments:
Most of the interest in property these days is centered around the Makati Central Business District. However, Manila's property scene is also on the rise with condominiums and apartment hotel complexes becoming popular rental choices as well.
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There are a lot of reasons why Philippines have been a good place for investment. It is advisable to consider the real estate in Makati.
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Philippines is truly a good place to put investment especially with real estate property. For there are lot of foreigners who decided to live and put business here. Aside from manila there are also lots of places in the Philippines which is starting to build their real estate businesses.
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Philippines is not a place that many people consider when they think about property investment, and they would be right to ignore it. With property hotspots springing up around the world in the last two years to replace declining markets in the west, many countries have been overlooked Ayala Land
Others might say that Philippines is a good place for investment but others may not. It still depends on the investors and what he will invest. Nowadays, Condo in Philippines is one of the best thing to invest.
It's really a true fact that Philippines offers good real investment opportunities because it has a very beautiful and nice real estate. Lots of profit getting benefits provide a Philippines real estate so it's really good for real estate investment.
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I am agree that Philippines can offers a good investment especially now a days because we can see that real estate is in-demand to our country. There is a lot of properties we should invest here.
There's a lot of investment opportunity now in Philippines and it is time for us to invest while real estate is still strong. Hope I can buy a condo or townhouse this year. Thanks for sharing it.
I really love staying here in the Philippines. A lot of properties are for sale and you can invest here. Philippines is one of the good place to invest properties.
See more Philippine properties @ http://www.alveoland.com.ph/Verdana-homes-mamplasan.php
Nowadays, Philippines is the best place for real estate investment because High-end residential real estate prices are likely to rise by another 9.9% during the next twelve months, according to Colliers.
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Since real estate grows fast, it's a good idea to invest in this industry. But, find a real estate managed by a reliable developer, also, consider the location. Condo in Bonifacio Global City is a good choice.
The Philippines is a rising tiger in Asia. It's better to invest here now because properties will surely appreciate as the economy gets bigger. By the way, one way to get your investment going is to buy houses like Camella homes, visit them here: www.vistalandinternational.com.
In this day and age, the Philippines is now being seen as a good place to settle your family. The economic status suggests that living here is a good move. Move in a condo home in San Juan now and be at anywhere possible in Manila in no time.
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