Selling a property in the Philippines?
- 0% Commission. Save thousands.
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Latest Properties in the Philippines
Selling a property in the Philippines?
- 0% Commission. Save thousands.
- Huge exposure Worldwide
- Your property on:
Regions in the Philippines
Property in the Philippines
Buying property in the Philippines offers a multitude of opportunities for investors and expats alike, with its robust economy, affordable living conditions, and idyllic landscapes.
The Philippines is divided into three main geographical regions: Luzon, Visayas, and Mindanao. Each region has its own unique characteristics that appeal to various types of investors. Luzon, home to the capital city Manila, is known for its booming commercial and residential markets. Metro Manila, which includes hotspots like Makati and Bonifacio Global City, is popular for high-end condominiums and commercial spaces.
Visayas is famous for its tourist destinations like Cebu and Boracay. Investing in vacation properties and rental homes in these areas can yield high returns due to the constant influx of tourists. Meanwhile, Mindanao, particularly Davao City, is an emerging market for real estate, with numerous residential and commercial developments underway.
For expats, areas such as Makati, Taguig, and Cebu City are highly recommended. These cities offer a cosmopolitan lifestyle with a plethora of restaurants, shops, and entertainment venues. They also have a large expat community, making it easier for foreigners to adapt and feel at home.
Remember, buying property in the Philippines as a foreigner comes with certain restrictions. Foreigners can own condominium units as long as 60% of the building is owned by Filipinos. However, foreigners cannot own land, but they can lease it for a long-term period.
Consider consulting with a reputable real estate agent or property lawyer to guide you through the process and ensure a smooth and legal transaction. With the right knowledge and preparation, buying property in the Philippines can be a rewarding investment.
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