Moving to Philippines - Page 2

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Asia > Philippines Expat Forum

Philippines Expat Forum The Philippines Expats Forum is dedicated those individuals that have chosen to make Philippines their new home. This forum is an ideal place for Expats now living in Philippines to meet and discuss all aspects to their new way of life.

Like Tree9Likes

Moving to Philippines - Page 2


Reply
 
Subscribe to this Thread Thread Tools
  #11 (permalink)  
Old 24th June 2014, 12:41 PM
Gary D's Avatar
Member
 
Join Date: Oct 2013
Location: Hermosa Bataan
Posts: 1,910
Rep Power: 234
Gary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud ofGary D has much to be proud of
1752 likes received
384 likes given

Users Flag! Originally from uk. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by c_acton98 View Post
Understood first hand knowledge is a friend of mine his Filipino wife had one done by a lawyer with the SPA. Now having said that, it has not gone to court and went through the hoops all that stuff.
And of course a filipino lawyer would never just tell you what you want to hear and take your money.

Reply With Quote Quick reply to this message
  #12 (permalink)  
Old 21st July 2014, 03:26 AM
New Member
 
Join Date: Jun 2013
Location: pangil
Posts: 3
Rep Power: 0
Promis8715 is on a distinguished road
1 likes received

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Nail On The Head Lastyle7! Why buy a house when you can just rent one and have the freedom to move around like you said. Two friends of mine completed 2 years in Afghanistan last year; one went back to CA and the other went to the Philippines because he met a girl there, built a house while still in Afghan so it would be ready when he returned to the PI. When he got there, he got into an argument with his girlfriend and said he was going to sell the house…2 days later, he was DEAD! I'm sure there are success stories, of course, but these types of things happen and there is nothing you can do about it! AND, like it was mentioned, you can't own land so the house is never really yours! MY OPINION IS JUST MY OPINION…Wish you well

Reply With Quote Quick reply to this message
  #13 (permalink)  
Old 21st July 2014, 04:05 AM
New Member
 
Join Date: Jun 2014
Location: metro manila
Posts: 16
Rep Power: 0
pcarlos is on a distinguished road

Users Flag! Originally from philippines. Users Flag! Expat in philippines.
Default

True That you cannot own a house but foreigners can own a condominium. If you wont be staying for a long time then renting would be great. The price of renting is the same as your monthly payment in owning one. Now if your planning to stay it would be best to buy a place. In the case of some of my relatives. They stay in CA but purchased a condo here for investment and personal use. They come back every 2 years and still have it rented for a year or more.

Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #14 (permalink)  
Old 21st July 2014, 05:07 AM
cvgtpc1's Avatar
Member
 
Join Date: Jul 2012
Location: Atlanta, US
Posts: 891
Rep Power: 200
cvgtpc1 is just really nicecvgtpc1 is just really nicecvgtpc1 is just really nicecvgtpc1 is just really nicecvgtpc1 is just really nicecvgtpc1 is just really nice
687 likes received
310 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by pcarlos View Post
True That you cannot own a house but foreigners can own a condominium. If you wont be staying for a long time then renting would be great. The price of renting is the same as your monthly payment in owning one. Now if your planning to stay it would be best to buy a place. In the case of some of my relatives. They stay in CA but purchased a condo here for investment and personal use. They come back every 2 years and still have it rented for a year or more.
I can find a nice place to rent for 6-14K/month depending on what I want....and a condo payment is that much? I have looked at many gated subd...payments of 35-70K/month for a 4MP home depending on the down payment so I'm skeptical.
Asian Spirit likes this.

Reply With Quote Quick reply to this message
  #15 (permalink)  
Old 21st July 2014, 05:26 AM
New Member
 
Join Date: Jun 2014
Location: metro manila
Posts: 16
Rep Power: 0
pcarlos is on a distinguished road

Users Flag! Originally from philippines. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by cvgtpc1 View Post
I can find a nice place to rent for 6-14K/month depending on what I want....and a condo payment is that much? I have looked at many gated subd...payments of 35-70K/month for a 4MP home depending on the down payment so I'm skeptical.
Yes there are down payments as low as 10K a month. Yes gated villages are quite pricey specially on the location. May I ask which area you have checked?

Reply With Quote Quick reply to this message
  #16 (permalink)  
Old 21st July 2014, 07:00 AM
Asian Spirit's Avatar
Member
 
Join Date: Mar 2010
Location: Philippines
Posts: 6,008
Rep Power: 556
Asian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond reputeAsian Spirit has a reputation beyond repute
4101 likes received
5087 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by cvgtpc1 View Post
I can find a nice place to rent for 6-14K/month depending on what I want....and a condo payment is that much? I have looked at many gated subd...payments of 35-70K/month for a 4MP home depending on the down payment so I'm skeptical.
Here's a good one and proof that the spending of millions or even many thousands of pesos is an unnecessary waste of money. We had lived in the same place for quite a few years. In fact we own the home. But because the neighborhood was deteriorating and having four daughters to keep safe; we moved just over a month ago to a place about 10 blocks from the house we own.

This house we are in now is a very modern, smaller, two bedroom rental home. Has a fully enclosed {gated} patio with room to park a van or whatever inside off of the street. Comfortable and nice and just P2,000 {two thousand} pesos per month. At the moment and current exchange rates that's about $46.00us dollars per month!

There are good places available to rent or lease without being taken to the cleaners. There are and will always be property management companies and real estate agencies that will sell/lease you anything you THINK you want.

We all have preferences and we all have the inborn right to choose things each day. But we also are supposed to have some level of common sense in what we do as well.
I'd much rather have all that money for my wife and kids to have, get, and enjoy life than to throw the money away when it really is not necessary to do so.

__________________
https://www.lds.org/young-women/reso...es/yw-logo.pngHusbands love your wives well! Your children are watching how you treat her.
You are teaching your sons how they should treat women and you are teaching
your daughters what they should expect from men..

Be part of Flight Aware Free




-------------------------------------------------------------------
Visit Expat Forum on Facebook too...

Last edited by Asian Spirit; 21st July 2014 at 07:02 AM.
Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Moving to the Philippines Alex.r.moreira Philippines Expat Forum 14 31st August 2013 06:21 PM
Moving to Philippines zee728 Philippines Expat Forum 11 14th April 2013 07:09 AM
Moving to the Philippines missabus Philippines Expat Forum 5 26th February 2013 11:19 AM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 06:10 AM.


Powered by vBulletin®
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.