when i was there at xmas in cavite my gf was saying there are places that could be rented long term ranging upto £100 a month thats for a 3 bedroom furnished place in a comunity, the trouble is i would want space outside space to sit and chill and that seems to cost more
SteveOriginally Posted by stevewool
Seems we're after the same sort of thing. Trying to find a house with a lot thats got some sort of a garden seems to be fairly difficult. I think it due to the fact that most filipino's don't really like spend too much time outside in the heat and sun, where as I want to sit out in it and bbq, drink, relax. So it seems that a garden is a waste of usable space to them so why not make your house bigger to use the available space.
100 quid a month for long term rental sounds very good, a lot I've looked at on the net seem to be 20000 /month.
It's been emontional
100 quid a month, 2000/ month, thats some difference.
Steve
Meant 20000peso / month. Forgot to put that in. My middle finger typing can't keep up with my brain!!!
It's been emontional
20000 peso/month thats internet prices, best let your wife go there in person and if she likes the place negotiate with a wad full of cash. Then watch the owners knee buckle.
i have been told cebu is a very nice area looking round the serounding area it looks very beautiful and they say not hit by bad weather like manila too , thats what they say
My wife's family live on Bohol, which is really lovely, but no sub divisions and Cebu is 2 hours away by fast ferry. Close enough to visit but not close enough for them to "pop round" every day! I cannot stand Manila and would rather live in Salford. Cebu is a nice compromise. Good facilities, almost no typhoons and pretty countryside very near. Our place is 15 kms south of the city, but accessed by a motorway class road so we can be there in less than 30 mins. We have beach frontage and hill views behind. It's a nice place.
We haven't yet bought, and have been so close to it on many occasions. The issue is that buying in the Philippines isn't an investment, and should not ever be compared to the UK housing market. Nor should you ever think that buying is the same, the haggling and agreeing over prices, I have known people in Manila who have managed to argue prices down to 2/3 and even on one occasion 1/2 of the offering price. I don't think this is just a foreigner thing, I truly believe this is a complete different culture, with different beliefs on what is normal and right.
Having taken a lot of research, and been inches of paying deposits on two condos and being part owners of a house in Cebu, we still aren't sure.
The more we look, the more complex it gets, but we will buy eventually.
hi there rickyr well not looking for a investment just a home and also a future for my wife and family when i have gone, its finding the right place and the right cost too, hope to be over there full time before i hit 60, its just saving hard so i dont have to come back here
wow sounds great just like what we are looking for , haha the thing about the family so its true then far away but not to close they say, it was my first visit to the phils at xmas had 4 weeks here 2 in borocay then 2 in manila
When we were first deciding the buy a house -v-build a house, we looked at sub divisions in Dipolog (my baby's hometown) but to call them over priced shoeboxes is an insult to shoeboxes everywhere. So we decided to buy a plot and build.
Our first foray was a disaster - everytime white face here turned up the asking price was always 1000 peso per sqm so Rebella went looking on her own. Found a beautiful plot , 10,000 sqm 30 mins drive from the centre of Dipolog and agreed 35 peso per sqm!!!! And that's not the best part......the best was seeing the sellers face when I arrived afterwards hehehe.
Building a house comes next, my best advise is to trust your darlings family to arrange labourers, builders, buy materials etc as then it will be "local cost", in other words a fraction of what it costs here to build.
As for security, thats easy, we've arranged with an older brother that when were not there he and his family live in and when we are there they will stay in a guest bungalow were going to build first.
Like any marriage to a Filipino, with the bride comes the family. Its upto you to decide if thats a blessing or a curse. For me, its a blessing as they are all great people
Sound like your a lucky bloke and your wife's family aren't taking the mickey. Good luck to you. You're right about getting the missus to sort things. When we where in olongapo looking for various places to rent I'd have to stay in the tricycle round the corner until LIza had sorted the rent amount, then a quick shout and I'd appear all white and shiny. The look on the faces of the landlords.............priceless.When we were first deciding the buy a house -v-build a house, we looked at sub divisions in Dipolog (my baby's hometown) but to call them over priced shoeboxes is an insult to shoeboxes everywhere. So we decided to buy a plot and build.
Our first foray was a disaster - everytime white face here turned up the asking price was always 1000 peso per sqm so Rebella went looking on her own. Found a beautiful plot , 10,000 sqm 30 mins drive from the centre of Dipolog and agreed 35 peso per sqm!!!! And that's not the best part......the best was seeing the sellers face when I arrived afterwards hehehe.
Building a house comes next, my best advise is to trust your darlings family to arrange labourers, builders, buy materials etc as then it will be "local cost", in other words a fraction of what it costs here to build.
As for security, thats easy, we've arranged with an older brother that when were not there he and his family live in and when we are there they will stay in a guest bungalow were going to build first.
Like any marriage to a Filipino, with the bride comes the family. Its upto you to decide if thats a blessing or a curse. For me, its a blessing as they are all great people
I think its always going to be a tricky business building in the phils, even more so if they find out about the foreigner who's paying for it all.
It's been emontional
thanks for the advice SteveL what sort of cost all in all the plot and a medium size house, i know its a on going plan to build but for starters
you will find that many will sell for cheaper as they want the money quickly, so get to know about the seller
i have learnt to do what my wife says!
Great advice Penny, this is one of the most interesting posts in a while.
Thanks Ricky.
It's all about based on my experience as freelance agent for a decade.
I am usually the one who do the transferring of title in behalf of my buyers.
I also do the checking of arears and interest at PAGIBIG office for my buyers.
I enjoy both selling and helping them to aqcquire property they dream!
That's always their bonus if they buy my properties to sell.
I had 2 friends in Holland who bought properties close to mine.
Another friend in Holland now is interested to buy in the same village where I live and it's under negotiation.
It's just bit hard in selling online.
To those who want to buy, verification of title is really needed.
Don't just be satisfied in one tripping or one visit to property.
It is more easier and affordable to buy property now in the Philippines thru PAGIBIG financing.
Processing of loans is much quicker now and seems they have more funds now than before.
Non working spouse can avail Pagibig loan as well.
As long as they pay contributions voluntarily at least 12-24 months then they can apply a housing loan with spouse as co-borrower.
They can pay voluntary lump sum contribution for 12 months. And after that, they can apply even millions cost of property.
Pag-IBIG savings program is a fast, easy and affordable way of saving for a member's future needs.
I think i need to make an article to explain more and help others to achieve their dream in easiest way.
Here's Pag-ibig Amortization Calculator http://www.pagibigfund.gov.ph/pop/amort_calc/input.asp
Happy to help and giving info for your dream.
hi penny so what advice would you give really , buy a lot then build or buy a place already done, say i have 30,000 pounds to spend
IMHO and honest answer for that is to buy a lot then build the house of your dream.
But you need to be there as well to monitor everything whilst under construction.
Buy house and lot if developers has good reputation in their projects done.
Zobel de Ayala family has the best reputation among all developers.
Some of their projects are Ayala Malls, Ayala Center where Greenbelt is located.
Makati was part of Rizal Province before.
Ayala made the greatest contribution to Makati to become a city ages ago.
Ayala also developed Ayala Alabang, Santa Rosa and other parts of Philippines.
They are well known for its upscale residential projects as well.
But then other developers also agrees to change their materials in favour of buyers.
The advantage of being first buyer is you can change some housing materials whilst under construction.
With your £ 30,000, You can buy 160 lot close to Tagaytay and build 3 bedrooms simple bungalow with your money.
Or you can buy first class house and lot property with that amount.
You have two choices which I can offer you both.
Penny
Thanks for all the advice you've put on this thread so far. I think its answered a lot of questions myself and evidently a few other members have had as well.
Steve
It seems to me that if you buy a lot and build you can do it for maybe 60% or so of the cost of buying an already built house. That would obviously be dependant on what materials you use to construct and for your fitting etc though. We'll see what Penny has to say though
It's been emontional
Thanks Substea!
Are all british are meticulous buyer?
hi there hope the waves are not rocking and spilling that bottle,yes a plot with a view is a must and just build can always add on when we want too and when there is more money too tagatay where its cooler i think sounds good but if i had more a sea view would be nice
This is something I'm looking to do a long way down the line, only when a) we're married and I know I can trust her with my life
Tripple5 we all start from pipe dreams, i am at that age where i can chose were my final days will be and just a few more years at work, i need england for work but retire early and enjoy whats left , well thats my plan, love to be on the beach but its money and thats got to last me a long time how long wish i had a crystal all for that
can you say why is that jimeve
Steve, the hassle of getting the title transferred is still taking place after two years, and the cost of the transfare costing more than the lands worth.
Plus the neighbors, if you don't get on with them they can make life hell.
Then theres the trust in your wife, I'm lucky with that thou.
Hard to sell if you want to move on.
How come you paid bigger amount in transferring title under your wife's name?
The most expensive in transferring is the capital gains tax which is 6% of total cost of property.
Other payments such as VAT, stamps Real Property tax are only small amount.
There are also some ways to reduce capital gains tax and it's legal as long as you'll not go below the assessment value of your local municipality market value.
But if you found greedy lawyer, they may charge you big amount.
If you will live in a first class village, you'll surely feel it's quiet.
Almost everywhere I've lived, mainly in the UK, there's been issues with the neighboursBe nice if you could move in somewhere for a trial period
Do you have roosters and barking dogs near you.Almost everywhere I've lived, mainly in the UK, there's been issues with the neighbours
Before. Different time, different country. The neighbours poisoned the dog and then stole the roostersDo you have roosters and barking dogs near you.
thanks for that so just like here then with the neighbours,so realy rent first then if you are lucky buy or go the condo way, i was looking at long term lease too, theres something in them i like
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