Results 1 to 30 of 30

Thread: Property Purchase

  1. #1
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150

    Property Purchase

    I'm about to do it again, but this time with complications


    Found a really nice place in a sub division in Angeles

    http://www.property24.com.ph/4-bedro...city-110536048


    Now, the thing is now that Shey has British citizenship and yet to apply for dual nationality can we (take that as she) buiy the house legally. Shey obviously still has a phillipino birth certificate but now holds a British passport.
    So, can we go ahead and put a deposit down or do we have to wait until Shey has dual citizenship approved?


  2. #2
    Respected Member Longweekend's Avatar
    Join Date
    Nov 2012
    Location
    Cheshire
    Posts
    1,525
    Rep Power
    88
    Looks good Simon, unable to answer your question though. We always fancied a place on the Oasis sub-division off Fields Avenue...


  3. #3
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    Staying near Fields Avenue at the moment, at the Lewis Grand Hotel.
    I'd rather live a little bit further away from the main drag than be right in the center of it all, the differnce between the West End and and Chiswick shall we say


  4. #4
    Administrator KeithD's Avatar
    Join Date
    Dec 2004
    Location
    Denbigh, United Kingdom
    Posts
    24,054
    Rep Power
    150
    Quote Originally Posted by SimonH View Post
    .... the differnce between the West End and and Chiswick shall we say
    For those who live in the north, it is the same as moving as far away from Manchester as possible
    Keith - Administrator


  5. #5
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    In case anyone was trying to find out I think I answered my own question before

    http://filipinaroses.com/showthread....light=property

    With thanks to Rayna who posted the original.link


  6. #6
    Moderator fred's Avatar
    Join Date
    Feb 2006
    Location
    South,North East,somewhere.
    Posts
    11,486
    Rep Power
    150
    Nice little pad Simon!


  7. #7
    Moderator
    Join Date
    Aug 2010
    Location
    Marikina City
    Posts
    26,786
    Rep Power
    150
    My wife signed again on another house.
    This time in our village and I'm eager to have some construction work done. This looks like it could be 'the one' if I can do what's in my mind to do at a reasonable cost.

    If not we'll rent it out. We're lucky we found some pretty good tenants so far.

    Good luck with the property Simon
    That 250 sq m floor area is pretty good.

    Currently we have 3 bedrooms, 3 CR/shower room on 190 sq m floor are and there's really plenty of room. On balance far too much for the two of us.
    That why I'm keen to move into to this new place we just found.


  8. #8
    Moderator
    Join Date
    Aug 2010
    Location
    Marikina City
    Posts
    26,786
    Rep Power
    150
    Some folks are set against sub-division living.
    Personally I have no idea why.
    Our village is near perfect. Every amenity, great security peace and quiet and so much green and areas of trees wide roads underground drainage.
    If I'm picky, maybe a few too many foreigner


  9. #9
    Administrator KeithD's Avatar
    Join Date
    Dec 2004
    Location
    Denbigh, United Kingdom
    Posts
    24,054
    Rep Power
    150
    Quote Originally Posted by Terpe View Post
    If I'm picky, maybe a few too many foreigner
    Those Filipina's get everywhere
    Keith - Administrator


  10. #10
    Trusted Member stevewool's Avatar
    Join Date
    Feb 2010
    Location
    derbyshire
    Posts
    18,992
    Rep Power
    150
    Very nice ,


  11. #11
    Respected Member Michael Parnham's Avatar
    Join Date
    Dec 2011
    Location
    Nottinghamshire
    Posts
    11,643
    Rep Power
    150
    Not bad at all Simon.


  12. #12
    Respected Member
    Join Date
    Apr 2012
    Location
    London
    Posts
    1,525
    Rep Power
    112
    Quote Originally Posted by SimonH View Post
    Staying near Fields Avenue at the moment, at the Lewis Grand Hotel.
    I'd rather live a little bit further away from the main drag than be right in the center of it all, the differnce between the West End and and Chiswick shall we say
    I find the rooms there facing the pool are very quiet
    The rooms facing the church are noisy as you get all the road noise
    I cant think of a better location in AC
    It could be a lot worse you could be staying down lower fields avenue and thats really in the thick of it
    Give my regards to James the manager there


  13. #13
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    Quote Originally Posted by London_Manila View Post
    I find the rooms there facing the pool are very quiet
    The rooms facing the church are noisy as you get all the road noise
    I cant think of a better location in AC
    It could be a lot worse you could be staying down lower fields avenue and thats really in the thick of it
    Give my regards to James the manager there
    You're spot on

    James is actually sat right opposite me now. He still has that daft Alfa GTV convertable that he imported from Switzerland


  14. #14
    Moderator Arthur Little's Avatar
    Join Date
    Oct 2008
    Location
    City of Perth, Scotland
    Posts
    24,230
    Rep Power
    150
    Quote Originally Posted by SimonH View Post
    I'm about to do it again ..... Found a really nice place in a sub division in Angeles

    http://www.property24.com.ph/4-bedro...city-110536048
    Simon ... the property you've discovered really looks GREAT!


  15. #15
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    Quote Originally Posted by Arthur Little View Post
    Simon ... the property you've discovered really looks GREAT!
    Thanks Arthur,

    Going back for a second viewing today. I keep looking but can't find anything with anywhere near the plot size for the money. One of my only concerns is the foundations as I may want to put another story on the house at some point in the future
    Apart from that the house loooks ideal, with the main criteria of having a pool and a bit of garden for Charliegh to play in. I've found that most properties over here use near enough 90% of the plot size to build on, leaving no room for any sort of garden. Maybe that's typical of city life where ever you live though


  16. #16
    Respected Member Michael Parnham's Avatar
    Join Date
    Dec 2011
    Location
    Nottinghamshire
    Posts
    11,643
    Rep Power
    150
    Quote Originally Posted by SimonH View Post
    Thanks Arthur,

    Going back for a second viewing today. I keep looking but can't find anything with anywhere near the plot size for the money. One of my only concerns is the foundations as I may want to put another story on the house at some point in the future
    Apart from that the house loooks ideal, with the main criteria of having a pool and a bit of garden for Charliegh to play in. I've found that most properties over here use near enough 90% of the plot size to build on, leaving no room for any sort of garden. Maybe that's typical of city life where ever you live though
    See your point Simon, I like a bit of Garden!


  17. #17
    Trusted Member jake's Avatar
    Join Date
    Sep 2012
    Location
    philippines
    Posts
    1,868
    Rep Power
    132
    Quote Originally Posted by SimonH View Post
    I've found that most properties over here use near enough 90% of the plot size to build on, leaving no room for any sort of garden.
    It probably has something to do with the price of land. When we originally built our first house, the cost of having a similar sized garden was close to what we spent on the build.

    Anyway, did you?


  18. #18
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    Quote Originally Posted by jake View Post
    It probably has something to do with the price of land. When we originally built our first house, the cost of having a similar sized garden was close to what we spent on the build.

    Anyway, did you?
    Just off for a meeting with the owner to have a chat


  19. #19
    Trusted Member jake's Avatar
    Join Date
    Sep 2012
    Location
    philippines
    Posts
    1,868
    Rep Power
    132
    Quote Originally Posted by SimonH View Post
    Just off for a meeting with the owner to have a chat
    Good luck and i hope he needs to sell


  20. #20
    Respected Member SimonH's Avatar
    Join Date
    Feb 2013
    Location
    Pampamga
    Posts
    3,731
    Rep Power
    150
    Quote Originally Posted by jake View Post
    Good luck and i hope he needs to sell
    Unfortunately not, but still managed to negotiate a 500,000 discount.
    Now if someone could arrange for the ROE to reach 80 before December that would be great


  21. #21
    Moderator
    Join Date
    Aug 2010
    Location
    Marikina City
    Posts
    26,786
    Rep Power
    150
    Quote Originally Posted by SimonH View Post
    Unfortunately not, but still managed to negotiate a 500,000 discount.
    Now if someone could arrange for the ROE to reach 80 before December that would be great
    It might if the BoE increases interest rates that quick.
    George Osbourne hinted that might come quickly when he spoke at the Shanghai stock exchange on Tuesday


  22. #22
    Respected Member
    Join Date
    Apr 2012
    Location
    London
    Posts
    1,525
    Rep Power
    112
    Quote Originally Posted by SimonH View Post
    You're spot on

    James is actually sat right opposite me now. He still has that daft Alfa GTV convertable that he imported from Switzerland
    A few years back Gerard the owner of the ABC hotel was building and selling new condo's so i went down to have a look and i must say they were very good indeed. They were very expensive and i don't think he had much uptake so in the end he turned the site into The Fields Plaza Suites Hotel with a few sold apartments within

    Allow me to pick your brains

    How does the AC property market perform?
    With rentals being not that expensive why buy?
    You hear these horror stories of people purchasing property over there and then only a few years later to find out that they have actually purchased worthless bits of paper so how would you insulate yourself from that ?


  23. #23
    Moderator fred's Avatar
    Join Date
    Feb 2006
    Location
    South,North East,somewhere.
    Posts
    11,486
    Rep Power
    150
    Quote Originally Posted by London_Manila View Post
    A few years back Gerard the owner of the ABC hotel was selling condo's so i went down to have a look and i must say they were very good indeed. They were very expensive and i don't think he had much uptake and the site now is known as the Fields Plaza Hotel with a few private apartments inside.

    Allow me to pick your brains

    How does the AC property market perform?
    With rentals being not that expensive why buy?
    You hear these horror stories of people purchasing property over there and then only a few years later to find out that they have actually purchased worthless bits of paper so how would you insulate yourself from that ?
    Why buy?
    Our R.O.I (money back) was 5 years on the first building and I project the same for the second.. That said,we bought,titled the land and built them ourselves.
    If you have even the slightest doubt that your wife may scam you at a future date, then rent.. Simple as that.


  24. #24
    Respected Member
    Join Date
    Apr 2012
    Location
    London
    Posts
    1,525
    Rep Power
    112
    Quote Originally Posted by fred View Post
    Why buy?
    Our R.O.I (money back) was 5 years on the first building and I project the same for the second.. That said,we bought,titled the land and built them ourselves.
    If you have even the slightest doubt that your wife may scam you at a future date, then rent.. Simple as that.
    Sounds very good

    When you purchased the land how could you be 100% sure that you were not being scammed
    Sometimes even the lawyers are in on the scam and i would imagine even the paperwork could be reproduced


  25. #25
    Moderator fred's Avatar
    Join Date
    Feb 2006
    Location
    South,North East,somewhere.
    Posts
    11,486
    Rep Power
    150
    Quote Originally Posted by London_Manila View Post
    Sounds very good

    When you purchased the land how could you be 100% sure that you were not being scammed
    Sometimes even the lawyers are in on the scam and i would imagine even the paperwork could be reproduced
    Nothing is 100% certainty with a land purchase here,I dont care what anyone says!!
    You can put the odds in your favour by checking,researching and asking the pertinent questions about tax dec or titled land documents in Gov offices like the DENR,The land reg Authority,Municipal hall,Barangay hall,BIR,etc... Ask all the neigbours too!
    My Mrs does all these checks and it can sometimes take a month or two if possible issues come up.
    Requirements like Extrajudicial settlement papers and heir signatures should be checked by a lawyer..Your lawyer..Not theirs!! Right of way or access to lot must be a certainty..All needs to be checked.
    Others here may be able to contribute and add to this list.


  26. #26
    Respected Member Michael Parnham's Avatar
    Join Date
    Dec 2011
    Location
    Nottinghamshire
    Posts
    11,643
    Rep Power
    150
    I would be easy to scam, I seem to trust anyone!


  27. #27
    Respected Member Longweekend's Avatar
    Join Date
    Nov 2012
    Location
    Cheshire
    Posts
    1,525
    Rep Power
    88
    Michael, for safe keeping send me your credit card and PIN.....


  28. #28
    Respected Member Michael Parnham's Avatar
    Join Date
    Dec 2011
    Location
    Nottinghamshire
    Posts
    11,643
    Rep Power
    150
    Quote Originally Posted by Longweekend View Post
    Michael, for safe keeping send me your credit card and PIN.....
    I'll PM it to you


  29. #29
    Respected Member
    Join Date
    Apr 2012
    Location
    London
    Posts
    1,525
    Rep Power
    112
    Quote Originally Posted by fred View Post
    Nothing is 100% certainty with a land purchase here,I dont care what anyone says!!
    You can put the odds in your favour by checking,researching and asking the pertinent questions about tax dec or titled land documents in Gov offices like the DENR,The land reg Authority,Municipal hall,Barangay hall,BIR,etc... Ask all the neigbours too!
    My Mrs does all these checks and it can sometimes take a month or two if possible issues come up.
    Requirements like Extrajudicial settlement papers and heir signatures should be checked by a lawyer..Your lawyer..Not theirs!! Right of way or access to lot must be a certainty..All needs to be checked.
    Others here may be able to contribute and add to this list.
    Very interesting it seems a lot of research must be done before any purchase
    I am probably too cautious to buy any property outside of the UK but i do admire those who do
    When i had the Internet shop in Makati i use to have sleepless nights and that was only a 2 year lease


  30. #30
    Trusted Member stevewool's Avatar
    Join Date
    Feb 2010
    Location
    derbyshire
    Posts
    18,992
    Rep Power
    150
    I am still hoping to find my little piece of Paradise out there, just the land and build the house myself, I do know i will never own it but it will be Ems once i have gone,
    A simple house it will be so the cost if anything goes wrong , well long term it will work out cheaper then renting thats if i live till the grand age of 153


Thread Information

Users Browsing this Thread

There are currently 15 users browsing this thread. (0 members and 15 guests)

Similar Threads

  1. Land purchase advice
    By SimonH in forum Help & Advice
    Replies: 20
    Last Post: 8th May 2015, 14:23
  2. Online Shops to Purchase in Pesos from UK with Delivery in the Philippines
    By Angel1403 in forum Questions & Answers On Anything
    Replies: 1
    Last Post: 11th July 2012, 21:41
  3. where can i purchase this here??
    By Moy in forum Culture, Food & Recipes
    Replies: 18
    Last Post: 22nd June 2012, 22:30
  4. AD program - purchase!!!
    By Promotiona in forum Loose Talk, Chat and Off Topic
    Replies: 2
    Last Post: 7th November 2006, 21:10

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Filipino Forum : Philippine Forum