Search the Community
Showing results for tags 'real estate'.
Found 2 results
Hello and thank you for the acceptance. I have read the real estate threads posted on this forum more than once, learned a lot, great info, yet, hard to understand how the RE functions here. I lived in the the PH on n’off short and long stays for quite a few years now, time has come to decide where I want to retire. I was planning to retire on Bohol island that I have visited often, the land and cost of construction were very reasonable not long ago. Lately, say, 1-2 years ago, I’ve seen crazy things happening there. Lands that I visited 3-4 years ago offered at 600 to 900 pesos sq.m but unsold until this day they now asking for 3000+ pesos. The locals and few of the expat community I talked said is “because of the new Panglao airport.” Scratched my head and thought to myself: There is an airport in Tagbilaran for many years,2 -3 flights a day to Manila. Question: What the new airport brought to the region other than noise and pollution added to the existing, making Alone Beach eligible for a closure “a la Boracay”? The upping of the real estate came as a cherry on the pie of another problem, that is the cost of living, labor and construction materials that raised dramatically. I am wondering if a real estate bubble is near us; wondering also if Portugal, Greece, even Spain isn’t an alternative, better infrastructure, good climate and food, same cost of living. My 300K Swiss Francs (= same number in $US) might be a better investment and lifestyle. My Filipino GF agree. What is your experience? I know there are some long time residents knowledgeable real estate people on this board to explain what drives the prices up? strong migration of foreigners especially Chinese and Koreans? homecoming of OFW heavily investing? Thanks in advance for your input.
I am looking for a recommendation for a Lawyer/Attorney specializing in Real Estate located in the Butuan City area of Mindanao. My fiance is interested in purchasing some property there and we have located one of interest. Do any of the members know of or had dealings with anyone in that area? We have to move on this fairly quickly, so any help would be appreciated. Thanks in advance.