Owning/Leasing property La Union

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Owning/Leasing property La Union


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Old 16th February 2016, 02:46 AM
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Default Owning/Leasing property La Union

Hi all, My partner and I are looking at property in/around San Fernando city La Union.
Semi retirement home property. I work interstate (Aus) and O/S 6 months of the year, Benjie
works part time here in Oz. We are looking at and have looked at several properties in the San Juan area over the last couple of years,,,,,,,to no avail. the agents we have been in contact with either cannot contact the owners of properties we have looked at or we never hear back from them,,,,,,,, (or the price goes up) very different to western real estate agents.
We are looking at beach front house and lot or just land and build on from Lingsat to southern Bocnotan. Prefer San Jaun.
We are also interested to hear from members that have done this to advise on pitfalls, legal ramifications, good agents and property attorneys in the area we are looking.
Cheers.
Steve and Benjie.

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Old 16th February 2016, 03:11 AM
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Have you tried contacting The Waves Club or Poro Point Contacts? It is true that land prices are ridiculously skyrocketing in San Juan, San Fernando, Bauang area.

Waves Beach Club and Residences

https://www.facebook.com/WavesBeachClub/

The Point Residences - Real Estate, Condo, Beachfront, House and Lot Properties for Sale in La Union Philippines

FYI, another Bar (sports bar) opened recently in Bauang;

https://www.facebook.com/Shooters-Sp...4717078549796/

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Old 16th February 2016, 03:24 AM
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Hi Pakawala, thanks for the links, well aware of their establishments and sky rocketing prices, local beach front vacant land appears between 4 to 6 k per M2. Shooters we have seen but not visited as yet, next visit I'm sure we will.
Are you living up that way? Family is in Banks Poro.
Cheers, Steve and Benjie

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Old 16th February 2016, 04:23 AM
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Quote:
Originally Posted by bigpearl View Post
Hi Pakawala, thanks for the links, well aware of their establishments and sky rocketing prices, local beach front vacant land appears between 4 to 6 k per M2. Shooters we have seen but not visited as yet, next visit I'm sure we will.
Are you living up that way? Family is in Banks Poro.
Cheers, Steve and Benjie
You might be able to get a beach front tax declaration lot/Salvage zone (unpredictable) lot in a bad area for 4 to 6k but not a titled beach front for 4k to 6k. We have a few of those, one a 250sq mtr beach front in Banks where you're from. It's has a fence and a deep well but nothing else on it. You may know the place in front of the deceased school teacher Miagi's lot. For 25 years there have been rumors of a Beach front Blvd passing through banks and I think they have finally given up on that rumor because small beach front lots are being sold there now. Construction of the nearby bay walk is bringing more interest and driving land prices up even higher. We're opposite Banks on the Airport side. You can keep up with developments in the area on SkyscraperCity. Luzon - SkyscraperCity Scroll down & click on San Fernando City and La Union Province


Last edited by pakawala; 16th February 2016 at 04:26 AM.
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Old 16th February 2016, 04:55 AM
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Thanks Pakawala, We don't live there, still in Oz, family in Banks, I know of the bay walk you talk about but as you say,,,,may never happen, also squatters and the fishermans village there, prefer San Juan and there are vacant lots with clean titles (apparently) so the so called agents say but when we made offers on several properties over the Christmas/New year period we never heard back from the agents,,,,,I lie, one agent got back to us with a price rise from 4,700 to 5,500. We rejected this as there is a better block for 5,000 psm, lol, trouble is that the agent can't contact the owner,,,,,,,,does not know if it's still for sale,,,,this we found out after looking at the land with the agent....... No hurry, renting and looking local is the best way we think. As for non Filipinos owning property,,,,, can you shed some light on this? Leasing back from My partner, wills, covenants etc?
Thanks Again, Steve and Benjie

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Old 16th February 2016, 05:29 AM
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Originally Posted by bigpearl View Post
Thanks Pakawala, We don't live there, still in Oz, family in Banks, I know of the bay walk you talk about but as you say,,,,may never happen,
It's the Blvd not the Bay Walk that may never happen. The Bay walk is a huge ongoing project & should be completed in a few months.


Last edited by pakawala; 16th February 2016 at 05:36 AM.
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Old 16th February 2016, 06:06 AM
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Originally Posted by bigpearl View Post
prefer San Juan
Good choice. Anne Curtis, Chris Aquino & many other big name actors/singers seem to be going there more frequently. They like to hang out at Kahuna & San Juan Surf Resort. This may help with your question.

Can Foreigners Own Property in the Philippines?

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Old 16th February 2016, 06:59 AM
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Thanks Pakawala.
I am hoping some other members/expats can help with leasing back land/house from their asawa from first hand experience. Just trying so see what the options are before talking to an Attorney there and potentially throwing money away. Cheers.

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Old 16th February 2016, 07:06 AM
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Originally Posted by bigpearl View Post
Thanks Pakawala.
I am hoping some other members/expats can help with leasing back land/house from their asawa from first hand experience. Just trying so see what the options are before talking to an Attorney there and potentially throwing money away. Cheers.
Leasing from your asawa is like leasing from yourself, can't be done.

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Old 16th February 2016, 07:20 AM
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Thanks for the reply Gary D.
I should clarify, we are a gay couple, not legally married but in a de facto relationship (Recognised in Australia).
From all I have read we are not a couple under Philippine law, so in essence I would be leasing that from my friend, a Filipino, just putting it out there for input from more experienced people than myself.
My apologies for saying Asawa as that is not correct.
Cheers, Steve

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