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Selling a property in the Philippines in 2025
To help you sell your home, condo, plot or land in The Philippines we've put together a guide to give an understanding of the current market conditions. Before getting started, it’s important to be aware of how the Philippines property market is performing and the key trends influencing it today.
Key Trends & Market Overview
The Philippine property market remains resilient, supported by strong domestic demand, a young population, and steady inflows from overseas Filipino workers (OFWs). In early 2025, average residential prices were estimated to have grown by around 6–7 % year-on-year, following a ~5 % rise in 2024. Price growth has been more moderate than in the post-pandemic rebound but remains positive, especially in urban and tourist-oriented regions.
Forecasts by regional analysts and local developers suggest continued growth of ~4–5 % per year through 2027 as inflation stabilises and infrastructure projects improve regional accessibility.
Regional / Segment Variations
Property performance varies strongly across the country:
- Manila remains the most active and liquid market, though prices there are stabilising after several strong years.
- Cebu, Davao, and Clark / Pampanga are emerging hotspots with continued developer activity and foreign interest.
- Tourism-driven islands such as Boracay, Palawan, and Bohol are attracting lifestyle and resort investment, while some remote areas remain relatively undervalued.
Typical 2025 price estimates:
- Central business districts in Metro Manila: ₱ 200 000 – ₱ 350 000 per m² (≈ € 3 200 – € 5 500 / m²).
- Secondary cities or provincial capitals: ₱ 80 000 – ₱ 150 000 per m².
- Coastal or island resort areas: wide range ₱ 60 000 – ₱ 250 000 per m² depending on view, beach access, and infrastructure.
Demand Drivers
- OFW remittances and local professionals continue to underpin domestic demand in the Philippines.
- Foreign buyers, particularly from East Asia and Europe, purchase condominium units and resort properties (foreign ownership is restricted to condos or long-term leases on land).
- Tourism recovery has boosted demand for short-term-rental and serviced-apartment units.
- Infrastructure expansion — new airports, bridges, and expressways — is opening up previously underdeveloped coastal and provincial areas.
- Remote-work appeal is modest but rising, especially among foreign retirees and investors seeking affordable coastal living.
Risks & Considerations
- Regulatory constraints: Foreigners cannot directly own land; ownership is limited to condominium units or long-term (often 50-year) leasehold arrangements.
- Interest-rate sensitivity: Rising domestic borrowing costs can dampen local buyer demand.
- Supply pockets: Some urban condo segments face temporary oversupply.
- Tax and documentation requirements: Selling a property in the Philippines involves multiple agencies (BIR, LGU, Register of Deeds), which can cause delays if documentation is incomplete.
- Natural-disaster exposure: Certain coastal or provincial zones are typhoon- or flood-prone, affecting valuations and insurance.
Implications for Sellers
- Pricing strategy: Price realistically and reference current comparable sales. Demand is solid but more price-sensitive than in 2022–23.
- Highlight strengths: Emphasise sea views, beach proximity, quality construction, or secure titles — these factors drive premiums for both locals and foreign investors.
- Ensure documentation: Clear title, updated tax declarations, and BIR receipts are essential; incomplete paperwork can delay or derail a sale.
- Time expectations: Urban sales may move faster; provincial or resort properties may take several months to secure a committed buyer.
- Marketing angle: Appeal to both local buyers and foreign retirees/investors — lifestyle, affordability versus other Asian destinations, and stable long-term appreciation.