The process of Buying Real Estate and Building a Home in Metro Manila. First, I want to let you know, I built a wonderful house in a gated community that has a great board of directors and a vibrant community of folks here. I consider myself lucky. There are just as many scams and poor […]
Property Ownership in the Philippines
A big discussion on this website over the years has been focused on whether it is best to buy property or rent property when living in the Philippines. There are advocates for either side of the argument.
Foreigners are not allowed to own real property in the Philippines. So, you cannot buy land here if you are not a Natural Born Philippine Citizen. Now, if your spouse is a Filipino, then you can own a house here, although it will not be in your name, only in your spouses name. That can present an entirely different set of problems, but does offer a potential solution.
Foreigners CAN, however, own a condo unit, so that is another thing to keep in mind.
On the other hand, rental prices are very reasonable in the Philippines, so you can often rent for less than buying.
The archived articles below explore the subject and will help you understand the dilemma.
If you are looking for property rent or to buy in the Philippines, you can check our Real Estate Section to find the property that is right for you.
It’s pretty common knowledge. at least among the readers here of LiP (they do tend to be of well established intelligence and awareness) that foreigners are NOT allowed to buy property (that is land) here in the Philippines. This does tend to irritate many among the foreigner community, and of course, it’s easy to see […]
Here in the U.S we just call it house hunting. But, there in the PI, I noticed you have to say house and lot. I don’t know why that is, maybe it’s for the bahay kubo that can be easily moved from place to place. But, I have yet to see a bahay kubo for […]
Wow, I just can’t seem to do it! No, I’m not backing out of traveling to the Philippines! I’m talking about managing construction on a site that is 8,000 miles away from me. You see, my wife and I decided we would do some upgrading and remodeling of her moms house for her. Well, it […]
Today I am writing about my desire to attempt to gather information on housing in the Philippines. Since the Government here has seen fit to slowly process our paperwork for permanent resident status, thereby “pausing” our continuation of citizenship, I decided to spend some time trying to locate housing in the Philippines. Obviously, this is […]
The housing prices that I’m going to tell you were mostly based on our experience in living here. When we first moved here we lived in GenSan for 2 years. We rented a really nice ranch house there. It was owned by a friend’s friend, the guy was from Europe and the lady was from […]