Category: The Philippines

Buying Hotels in the Philippines: A Complete Guide

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The Philippines is a preferred location among foreign investors and one of the top-ranking countries in our yearly Asia Property Index.

With a large and young English-speaking workforce, this nation becomes increasingly interesting among residential and commercial real estate investors alike. Transparent and generous visa regulations further add to the demand.

With that said, the pandemic hit hard on the Philippines. Thousands of new hotel rooms were planned in the coming years, many that might now be postponed.

Hopefully, we will see a rebound when the economic climate starts to get better. Continue reading Buying Hotels in the Philippines: A Complete Guide

Top Property Management Companies in the Philippines: A Complete Guide

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The Philippines is becoming an increasingly popular investment destination for foreigners. Along with this, we see a greater demand for property management services.

Places like Manila and Cebu have plenty of property management companies, but you rarely find summarized information about them.

In this article, I list some of the biggest and most popular property management companies in the Philippines. Continue reading Top Property Management Companies in the Philippines: A Complete Guide

Top Real Estate Agencies in the Philippines: A Complete Guide

Posted on by Marcus Sohlberg — 24 Comments

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Philippines is one of the most popular investment destinations in Asia at the moment. Here, many foreigners mainly buy property in Manila, thanks to its rapidly growing economy and quickly developing infrastructure.

Fortunately, you’ll be able to find plenty of international franchised agents, as well as local agents, who help foreigners to buy real estate on a daily basis.

Yet, it’s not easy to find summarized information about the top agents and what properties and services they offer.

Therefore, I’ve written this article where I present some of the most popular real estate agencies in the Philippines. Let’s have a look. Continue reading Top Real Estate Agencies in the Philippines: A Complete Guide

Top Real Estate Agencies in Manila: A Complete Guide

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Metro Manila is huge in terms of population and size, to many people’s surprise, Manila just make up a small part of this metropolitan area. With a rapidly growing economy, foreigners (especially Chinese investors) pour in to buy properties.

Here, you can find plenty of international and local real estate agencies who have a long experience of helping foreigners. Yet, you rarely find summarized information popular and credible agents in Manila.

In this article, I list some of the top real estate agencies that you can find in Metro Manila.

Continue reading Top Real Estate Agencies in Manila: A Complete Guide

Philippines Real Estate Market Outlook 2020: A Complete Overview

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Philippines has become one of the hotspots for foreign property buyers in Southeast Asia. With favorable demographics and an increasing middle class, Metro Manila has undoubtedly seen the biggest interest.

Foreign corporations move to the region, setting up offices and operations in places like Cebu and Davao, where labor costs are low.

In this article, I explain how the Philippine property market has performed in the past years. I’ll also share my predictions on how I believe that the market will perform in 2020.

Keep in mind that foreseeing how a market will perform in the coming years is not the easiest task on hand. If you have any information you would like to share, you can share a comment at the end of the article.

Topics covered in this article:

The Property Market in Previous Years

Continue reading Philippines Real Estate Market Outlook 2020: A Complete Overview

Investing in Philippine Commercial Property: A Complete Guide

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The Philippines has emerged as one of the fastest-growing countries in Asia. Foreign investments in its Information Technology and Business Process Management (IT-BPM) sector is one of the main drivers.

Not only Metro Manila grows fast, but there are dozens of cities located outside of the capital and categorized as so-called next-wave-cities and upcoming emerging markets.

If you look for investment opportunities in the Philippines, you have plenty of options. Don’t only look for condo units in Manila.

In this article, we review the following:

  • Can foreigners buy commercial property in the Philippines?
  • The Commercial Property Market in the Philippines
  • Best Cities to Buy Commercial Property in the Philippines
  • Commercial Property Taxes

Can foreigners buy commercial property in the Philippines?

The Philippines has reasonable foreign ownership regulations by Southeast Asian standards.

Here, foreigners can buy strata-title units such as condos on a freehold basis. The only thing you need to pay attention to is the foreign ownership quota which is set to 40%.

You can also own the physical structures built upon the land, like bungalows and villas. Buying a commercial property, on the other hand, is a completely different undertaking and more regulated.

Whether you can get access to commercial property or not depends on if you buy as an individual investor or through a local company. Continue reading Investing in Philippine Commercial Property: A Complete Guide

Top 14 Real Estate Developers in the Philippines

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We’ve seen a big increase in prime real estate in the Philippines recently. Many local developers build these projects and target foreign buyers aggressively.

In fact, nowadays developers often hire in-house salespersons to bypass estate agents. They have good connections with banks, property lawyers, and can sometimes even offer help with financing.

That said, it’s important that you get a good knowledge about local property developers beforehand, before buying off-plan. Late completions and quality issues are just a couple of problems you might come across if not doing enough research.

In this article, I’ve listed some of the biggest and most popular property developers in the Philippines.

1. Ayala Land, Inc.

Ayala Land, Inc. is one of the biggest real estate developers in the Philippines, with its headquarter located in the famous business district, Makati.

It’s a real estate division of Ayala Corporation, which is a century-old company, but has operated independently since 1988. So, they have a long history and experience under their belt.

In 2016, it was the second-largest developer in terms of yearly revenue and its net income reached around PHP 21 billion (USD 400 million). That’s a 15% increase compared to 2015.

Property types

Ayala Land is involved in landbank management, build and manage shopping centers, hotels, and resorts.

Maybe most importantly, they also build plenty of residential buildings, focusing on condominiums and housing projects.

Current projects

Continue reading Top 14 Real Estate Developers in the Philippines

Buying Condos in Manila: The Ultimate Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy condos in The Philippines?
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Philippines is one of the fastest-growing countries in the world and continues to attract foreign investors and companies in vast numbers.

Metro Manila deservedly gets the most attention as it’s the capital, business hub, and accounts for a third of the countries GDP growth. Simply put, most things happen here.

Looking at investment preferences, buying newly built condos is undoubtedly the most common option among foreigners. Yields can be exceptionally high at the same time as the buying process is simpler and involves less paperwork.

Still, it’s important that you learn about the property market, the most promising areas, and what prices you can expect to pay when buying condos in Manila beforehand.

In this article, you’ll learn about the following:

Continue reading Buying Condos in Manila: The Ultimate Guide

Condos for Sale in Manila: 10 Interesting New Projects

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Philippines is one of the fastest-growing countries in Asia, attracting foreigners in vast numbers. It’s not strange as the living costs are low, the quality of life is great, and you have a number of long-term visa options.

In this article, you’ll learn about some of the most interesting new condo projects for sale in Manila. We cover places like Makati, Taguig, Bonifacio Global City, Quezon City, and Pasig City.

The article is updated on a continuous basis, giving you the latest news about interesting investment opportunities.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Projects Covered

Continue reading Condos for Sale in Manila: 10 Interesting New Projects

How to Buy Property in the Philippines: A Complete Guide

Posted on by Marcus Sohlberg — 11 Comments

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in The Philippines?
Click here to get in touch with an experienced agent

Philippines has become a preferred destination when foreign investors buy real estate in Asia. It’s not strange as it has low living costs, cheap real estate, many long-term visas, and a quickly growing economy with preferable demographics.

Still, investing in real estate in a developing country like the Philippines always bring some risks. You must have a good knowledge of local regulations beforehand.

In this article, you’ll learn about foreign property ownership regulations, property taxes, visa options, and which places that should be of interest when you buy real estate in the Philippines.

Can foreigners buy property in the Philippines?

Philippines is similar to other Southeast Asian countries in terms of foreign property ownership. Here, individuals can buy and legally own condominiums and houses, but not the land that these structures are built on. Simple as that.

Continue reading How to Buy Property in the Philippines: A Complete Guide