Last year, I wrote about a problem that we have on a small piece of land that Rebecca purchased. What originally should have been a relatively straightforward property purchase has turned into a real, God-awful mess and has become far more expensive than it is worth. At this point, the only reason that we are continuing […]
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.
I will show you guys most of the inside of our home now. We all like the house a lot. It is spacious even though its a bit smaller than our old house. The thing for this house we noticed every space in the house is useable. With our old house some spaces were not […]
I have been writing on Live in the Philippines for two and a half years now, living here nearly three years. Before moving here, I lived in the Middle East, and traveled extensively in the developing world. In that time, I’ve seen several patterns in the questions that people ask. There is nothing wrong with […]
I’ve been asked many times through emails by people wanting to know a place to stay here in Davao that they can stay with their kids in just a one room unit. Well, lately Davao’s been building more and more condominium units here. The first condo unit that was built here was over in Matina, […]
Wow, I’ve been working with this move for a few months now. Finally its almost done. I will be very happy when everything is settled in here. Gosh, with so much stuff to haul into our new house, I really had headache. Just looking at some of the junk that we have, golly how did […]
On Monday, I published an article about how Feyma had finally found a suitable house for use to rent here in Davao. Of course, we’ve been living in Davao for years, so this was not our first rental house in the City, just the latest. Almost immediately after the article was published, a number of […]