Investors Guide To Buying Philippine Real Estate
Philippine Real Estate Investors Buying Guide
Buying Philippine Real Estate, Real Estate Investors Guide, Philippine Real
Estate
The Philippines stands strategically at the crossroads of Asian and
international trade, making it an important port of call for both the East
and the West. It is within the immediate reach of its Asian neighbours, 2
hours by air from Taipei and Hong Kong, and 4 hours from Tokyo and Seoul.
The Philippines is one of the fastest growing economies in Asia. Moreover,
the abundance of highly-skilled, English-speaking workers presents investors
the opportunity to readily begin business operations. The government’s
progressive economic policies have resulted in a most hospitable business
climate for local and foreign investors. Generous tax incentives and
simplified investment procedures assure investors of highly attractive
returns on their investment.
The Philippines is blessed with an abundance of disciplined and well-trained
personnel who can effectively meet the most demanding requirements.
Philippine Universities and other institutions of higher learning are known
to produce proficient managers, engineers, technicians, and support staff,
who are generally fluent in English, well-educated and technically
competent. Moreover, their high productivity and low turnover ensure
business momentum.
Because of the growing population of the Philippines the demand for housing
has continued to rise which guarantees a steady stream of interested buyers
and tenants as a home is always a rewarding investment as it gives one a
sense of pride and ownership. Real estate in prime locations is always an
excellent collateral security against loans, and allows financing to be
secured anytime. Property in projects that are being sold pre-development
generally appreciate in value when the project is finished. Property in
projects that are near malls and other such high traffic areas are very easy
to rent out.
The US Dollar has a higher investing value because of
its 125% increase vis-à-vis the Philippine Peso. Property developments are
designed using international standards and concepts, of which the majority
are developed near Shopping Malls, Schools, Hospitals and Churches for
example. Because of the effects of the 1997 Asian economic downturn, prices
are very affordable with many different payment options and financing terms
being offered by both large and smaller developers respectively. Static's
show that Philippine property appreciates at an average of 10% per year,
which is higher than the US property market, thus giving a far higher return
on your investment.