iNVEST/BUY LOTS/Residential or Commercial, or HOUSE & LOTS ...
...Real estate in the Philippines is rising soon, properties are appreciating and a few years from now, your investment would pay off....

You may contact me for details:

Rechelle F. Dela Cruz
0918-4476201 / (02) 453-5392
ischie18@yahoo.com

I have always thought that in order to buy a property in the Philippines one had to be married to a filipina. Is that not the case any more??
Saeid

If you want to own the land then yes thats the case, but you can own buildings on the land.

Sanson and Dunne

Ah, ok, then. Actually we own a few properties in the Phils, my wife is a pinay. But the market in Phils is not the best for investing. we have properties in Phils, malaysia, UAE and Iran. and beleive it or not, no where is like Iran for investing in RE. We've just about doubled our money every year and a half.

Regards/
Saeid

why would you say its not a good market? GDP is the highest its been in 20 years at 7.5%, the currency is the strongest in Asia. medium to high end accomadation rose 20% in value in metro manila last year and 30% in Boracay.
There was close to a 10% increase in tourism to Philippines last year according to the national statistics office, banks are starting to give mortgages
The country has never been so prime for investment in real estate.
To promote a country for investment that is in the midst of international controversy and liable to explode at any time is bordering on the ridiculous. A country that is not exactly welcoming to the western world at the moment could not be in any way or shape be a place to be comfortable investing in for the average irish or english person.

You seem to have taken offense to what I said about the Phils.
I'm talking about my personal experience in all 4 countries that we are investing. Phils has been by far the worst. In Phils we have properties in Antipolo, Tagaytay, downtown Manila and one in south of manila, in Falcon's court. We'd be happy to sell any or all of them and invest else where.

Again, all from MY personal experience,I feel that our money has been just sitting there. The one saving grace for the whole thing would be the rising Peso, which means if we can sell and get out, we won't completely have sat on our money.

It is not nice to use the word "ridiculous' in a forum like this. We're all adults and if there is a misunderstanding I'm sure it can be looked over, or at least resolved in a more mature manner.

Good luck with your properties.


Saeid

Its not that I took offence, but I strongly disagree. Of course certain areas are better then others in the philippines and you need to be discerning with the location you buy in.

I used the word ridiculous not to be offensive but to convey my thoughts on investing in iran. i think its beyond belief to consider investing there unless you are perhaps iranian with a good knowledge of the local market and getting in and getting out fast. There are so many sanctions on the country at the moment growth is massiveley hindered. Its almost on a par with somewhere like north korea.

I think Bangkok is by far better then Manila. I have been to Manila quite a few times recently. Unsafe with high crime and the city is like a hole in the wall. I tried to convince myself several times to buy a unit or two there for investment but just couldn't do so. My friend has almost 15 units there and he says it's not good. I think Vietnam also may be a better bet then Manila.

The facts are.....it is VERY difficult to sell property in the philippines anyway , as a "foreigner" you are offered anything at twice its worth and when selling, offered half its worth the so called 'foreigner tax"...The philppines actualy offers one of the best vaue areas in the world to live regarding cost of living, and standard of living is quite high. it is extremely import to choose the right area...great golf courses very cheap to play and you dont have to haul your own clubs. Thailand is relatively expensive compared to philippines. I have lived in both countries for more than 5 years...Philippines is an "English" speaking country and very easy to move around. England is now more dangerous to live than Philippines. The best bet is to negotiate a good deal on land, build yourself a house and dont sell, play golf, pay 1/2 the gas price in europe and ignore the worst driving in the world...

Hi Saeid, which party of Malaysia have you invested in. Are you considering investing in Singapore commercial and industrial properties? There has been a space crunch for commercial and industrial space since 2006. There is no sign of letting up until 2010. I still think that there is strong potential for growth as Singapore's got alot going on like the 2 casinos being built right now and Formula 1 race coming to Singapore, is going to attract heaps of tourist and tourism related businesses and corporations.