i want it near a entertainment because i will rent it out for the 11 months out of the yr im not there...i want it near a nice beach, something that people would rent from me for a vacation home....any suggestions on location??
2007-01-24 01:01:47 · 12 answers · asked by tyler 2 in Travel ➔ Asia Pacific ➔ Philippines
I just did a yahoo search and these are websites that turned up. There are also a lot of other real estate websites from different regions of the Philippines but these have beach side properties. And, they are in areas that are not too well developed yet and still retain a little bit of rural country charm.
http://www.bohol-island.com/realestate/main.htm
http://www.real-estate-palawan-philippines.com/
2007-01-24 02:40:12 · answer #1 · answered by avenus 5 · 0⤊ 0⤋
Be careful what you're investing in. The purchase price of the home may be P1,100,000 (or $27,500 at P40 exchange rate per $) but you should also inquire the price of the lot itself including other hidden fees. Without buying the foundation, the true owner of the lot can choose to demolish your home because it's on their property. If Carmona Estates does not offer an opportunity for you to purchase the lot but reserves your option to lease the lot instead, you may need to hire a lawyer to research and inspect the validity, legality, and duration of their leasing contract to avoid any hidden unlawful or unreasonable agreements. If you choose to purchase the lot, inquire and visit the website for the Bureau of Internal Revenue (BIR) of the Philippines. You'll need to determine how much additional tax you will need to pay per square meter if you purchase the lot. The lot or foundation the house sits on can cost an additional million pesos or more. Also, be prepared to pay additional lawyer/attorney service fees and other hidden costs necessary to close the deal. Most importantly, do not buy property you have not seen with your own eyes and has not yet been completely developed. Some people have been tricked into buying property that looks good in graphics, pictures, or animations, but never really existed in reality. If you're looking to invest. Consider shopping around for a good location and buying an open lot. Then look into planning and building a 2-story home that fits your needs. You can decide the style and stability of the structure that can save you more money from development and for the long run. Hope this helps!
2016-03-29 00:07:57 · answer #2 · answered by Jean 4 · 0⤊ 0⤋
The most in demand properties are those located near the business and entertainment districts like Makati and Ortigas. Income from a vacation house near a beach is seasonal, it will be difficult to rent it out during typhoon season, June - Oct/Nov.
2007-01-24 11:37:22 · answer #3 · answered by rafael lukas s 2 · 0⤊ 0⤋
Just for starters only Philippine Citizens can own land. As a foreigner you can only buy a condo. Best place would be Cebu. Lots of tourists and foreigners that would be able to rent your place.
2007-01-25 12:43:12 · answer #4 · answered by oneiloilojeepney 5 · 0⤊ 0⤋
Get a condo in Cebu City. Houses are overpriced there and you can own one as a foreigner. Lots of foreigners there and its a better place to spend time than Manila. Its close to lots of things and you can go there direct on an international flight without having to stop in Manila. Thats what I would do......
2007-01-24 04:57:58 · answer #5 · answered by Anonymous · 0⤊ 0⤋
err...
www.buyandsellph.com
you can find something there for sure. A good location is worthless if your competition's high, such as Boracay, Puerto Galera and sorts. I suggest you invest on a place where they're just starting to develop.
Good Luck!
2007-01-24 19:40:52 · answer #6 · answered by reijene 2 · 0⤊ 0⤋
Boracay
2007-01-24 01:06:38 · answer #7 · answered by Princess Shai 3 · 0⤊ 0⤋
Im sure you will find one, and a very nice one. Make sure your tenants are of your friends or family friends so they take care of it as if it is their own.
What a good idea, you cannot go wrong.
2007-01-24 18:03:06 · answer #8 · answered by trykindness 5 · 0⤊ 0⤋
Palawan.
2007-01-24 06:40:54 · answer #9 · answered by Ray H 7 · 0⤊ 0⤋
I recommend Bohol Island.
However, I also suggest you should check your fiancees background before making any commitments with her.
Try visit http://www.filipinoinvestigator.ph
They are expert in fiancee background check and spousal surveillance
2007-01-24 01:53:33 · answer #10 · answered by EaglesEyeView 3 · 0⤊ 0⤋