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Author Topic: [FS]Lots & Properties in the Philippines. AcceptsBTC (Anyone is Welcome)  (Read 2180 times)
nydiacaskey01
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January 08, 2016, 05:45:54 AM
 #21

How much is the price per square meter for a lot only?
Alaminos Pangasinan is a nice place and I think this is near the 100 islands, a good tourist destination.

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January 08, 2016, 01:54:31 PM
 #22

I think this topic will make more sense if you put it in local board Wink
Because if foreigners outside from Philipines are buying properties they need to come there themself right?


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January 08, 2016, 03:14:47 PM
 #23

How much is the price per square meter for a lot only?
Alaminos Pangasinan is a nice place and I think this is near the 100 islands, a good tourist destination.

Total price per lot is between BTC50 - BTC100. The owner will do the discussion regarding the small details like price per sqm.

And yes, this is very near in our own tourist spot, Hundred Island. Smiley

I think this topic will make more sense if you put it in local board Wink
Because if foreigners outside from Philipines are buying properties they need to come there themself right?

Basically if foreigners will seek some properties for sale, they will check the Service Section first and this is already moved by a moderator (I think) since I first placed it in Marketplace index section.

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January 30, 2016, 08:40:58 PM
 #24

Just want to informed everyone that this is still available and more properties will be lineup of for sale in the future. Smiley

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February 01, 2016, 06:10:31 AM
 #25

Unless you hold dual foreign-Philippines nationality, a foreigner cannot hold 100% ownership rights to any immovable property in the Philippines. Buying such properties can be quite risky. You need to enter into a partnership with a local national. If conflicts later arise, resolving them can be very complicated, time-consuming and difficult. And financially risky. Philippine courts do not resolve cases within days or months. Cases often take years. This can translate to an extensive loss of revenue (if the property is used for business or commercial purposes).

Plus properties can be quite expensive. As a dual national, I purchased a small plot in Punta Fuego in Batangas for 6 million PHP. That's about USD 125k. That's just for the land. Think about how many bitcoins you will need.

Marry a Filipina who can co-own the property or find a fool-proof way to really really really hold absolute rights to that property. Co-owning with a stranger is like playing with fire.

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February 01, 2016, 09:41:06 AM
 #26

Unless you hold dual foreign-Philippines nationality, a foreigner cannot hold 100% ownership rights to any immovable property in the Philippines. Buying such properties can be quite risky. You need to enter into a partnership with a local national. If conflicts later arise, resolving them can be very complicated, time-consuming and difficult. And financially risky. Philippine courts do not resolve cases within days or months. Cases often take years. This can translate to an extensive loss of revenue (if the property is used for business or commercial purposes).

Plus properties can be quite expensive. As a dual national, I purchased a small plot in Punta Fuego in Batangas for 6 million PHP. That's about USD 125k. That's just for the land. Think about how many bitcoins you will need.

Marry a Filipina who can co-own the property or find a fool-proof way to really really really hold absolute rights to that property. Co-owning with a stranger is like playing with fire.

a foreigner cannot hold 100% ownership rights to any immovable property in the Philippines. Buying such properties can be quite risky. You need to enter into a partnership with a local national.

That is right. But what if the foreigner really wants to open a business here? That's why if someone is interested, the talks with the owner itself will be issued quickly to take on the so called "risk" and discuss all the legal things of this. And besides the thread title is not only meant for the foreigners but for a Filipino also.

Plus properties can be quite expensive. As a dual national, I purchased a small plot in Punta Fuego in Batangas for 6 million PHP. That's about USD 125k. That's just for the land. Think about how many bitcoins you will need.

Bitcoin is just an option for payment if the buyer wants to pay it with his bitcoin. Look like I mislead in the thread title. I will changed it.

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February 01, 2016, 01:09:11 PM
 #27

dont you need to be a citizen of Philippines to own land? you say anyone welcome but we cant buy it, and there is little legal protection we can have, i had a similar deal in Indonesia when i went to visit it the land owner sold it to some one else and they had started building a hotel on it, after some time applying for what i would consider my rights i found i was given no protection. how is Philippines different?

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February 01, 2016, 02:08:43 PM
 #28

dont you need to be a citizen of Philippines to own land? you say anyone welcome but we cant buy it, and there is little legal protection we can have, i had a similar deal in Indonesia when i went to visit it the land owner sold it to some one else and they had started building a hotel on it, after some time applying for what i would consider my rights i found i was given no protection. how is Philippines different?

Technically speaking, no they can't own the land  but foreigners or non-Filipino nationals may however purchase condominiums, buildings, and enter into a long term land lease. Like I said all legal terms are arranged properly with the talks of the buyer, land owner and a legal person in-charge. Yes, more hassle but those terms are discussed properly to protect non Filipino citizen. We are talking big money here. There is no dumb person that will accept the terms that see it's is unfavorable to all parties. Foreigner buyer will face protection here. If one is interested rather than discussing it here as Im not the owner, they can shoot me a PM and all talks will be arranged quickly so they can talk freely to the owner itself who are in business in real estate for a long time.

* - listed legal terms

Just take note that this is only applied for the foreigners. To all interested Filipino, process will be done quickly as long as both parties arrange the deal properly. Smiley

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