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The economy is growing fast in the Philippines, not to forget in Manila.
With a rapidly increasing population and a middle class that’s growing, there will be a bigger demand for property as well.
As the property prices surge in other states and cities in the region, foreign investors from mainly Singapore, Hong Kong and Mainland China have decided to buy a Manila condo.
A big chunk of Americans has also understood that they can enjoy a great quality life in this city.
With cheap dining, shopping and close access to beautiful islands and golf courts, it’s not hard to understand why.
In this article I explain how you can buy a Manila condo.
Manila’s property market
While landed houses are a common option in other Philippine regions, condos are outperforming the other property types in Manila.
You’re probably most interested in condos too, as foreigners aren’t allowed to own land in the Philippines.
The fact is that many foreigners seek convenience and a place to store some of their savings, making a condo purchase the number one option.
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