Boracay - Know if ever plan to buy land, invest,etc. - View Single Post
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Old 11th April 2018, 12:44 PM
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Users Flag! Originally from uk. Users Flag! Expat in philippines.
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Quote:
Originally Posted by Hey_Joe View Post
Google Leasehold Land Philippines.

One can "Leasehold" land on Subic which is not really ownership. This dude claims it's ownership.

I wonder how many Expats fell into the trap of buying a Condo where the building was built on Leasehold Land.


https://www.youtube.com/watch?v=lqXPbeESkvQ
Aren't all condos built on leasehold land, that's why foriegners can own one. They only own the building not the land it stands on.
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