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Filipino property investment
Overseas Property News - Philippines
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Fantastic Philippines: Bordering the Philippine Sea, the South China Sea and the Celebes Sea as well as Borneo, Taiwan, Palau, Moluccas and Sulawesi, Philippines is stunning in every sense of the word and is only accentuated by its equally fantastic neighbours Vietnam and Sabah. Philippines is a beautiful place filled with friendly festival loving people who openly welcome you to their mountainous, jungle and beach featuring home amidst a hot and humid tropical climate.
Filipino property: Thailand hosts numerous rental properties that range from flats and apartments to condos and villas, so whatever you’re looking for in a Filipino home, you’re practically guaranteed to find something that suits your individual needs.Easily accessible via any of the countries 17 airports, wherever you choose to buy, you’re sure to appreciate its location.
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Filipino regions: The Philippines is divided into 3 groups, relative to the islands of which it consists. The Luzon, Visayas, and Mindanao groups are further divided into 17 regions, 81 provinces, 136 cities, 1,494 municipalities and 14,995 ‘barangays’. In 2006, President Arroyo proposed the formation of 5 super-regions, so as to focus on the countries specific economic strengths. Manila is the capital and is one of the regions most popular visited cities.
Filipino Investment opportunities: Proving jut how powerful the Filipino allure is, the fact that despite its somewhat high transaction costs of anything from 16-24%, foreign investment into the Filipino property market has not only seen a steadily rising GDP but prime property is commonly commanding a yield of around 10%. The Asian financial crisis of a decade ago is nothing more than a distant memory and Philippines is enjoying an understandably revived interest in its real estate sector. Property prices are more than reasonable and offer investors a real opportunity of owning financially rewarding prestigious property in a tropical paradise.
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About DSR
Overseas emerging property market specialists, DSR offer invaluable and obligation-free advice to property investors from around the globe. The knowledge and expertise of their dedicated staff ensures a smooth and stress-free buying process for all their clients and act as intermediaries for their vast network of property professionals around the world.
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