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Thread: Buying A Condo in Makati, Manila.

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  1. #1
    Respected Member Andy's Avatar
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    One of the reasons we're buying a condo is perhaps one of the most popular reasons why foreigners buy them - foreigners can't own land in the Phils. My wife is embarassed that our money has bought a house & lot in the provinces, but I'll never own it. My wife doesn't think foreign land ownership will happen in the Phils in the medium term - it's a too emotive issue.


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    Respected Member A_flyer's Avatar
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    Quote Originally Posted by Andy View Post
    One of the reasons we're buying a condo is perhaps one of the most popular reasons why foreigners buy them - foreigners can't own land in the Phils. My wife is embarassed that our money has bought a house & lot in the provinces, but I'll never own it. My wife doesn't think foreign land ownership will happen in the Phils in the medium term - it's a too emotive issue.
    I don't see where is the problem . I don't mind who is really owning (legally speaking), me or my wife. It's exactly the same. We are married and it's for both of us if we buy something there...
    I'm happy with this system, it do not bother me or her.
    Best regards.
    Yves


  3. #3
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    Yves,

    You obviously dont have any bitter and twisted divorced friends!

    I m not bitter and twisted as I havent been married yet, (ho ho, only joking happily marrieds), but some of the lengths I ve seen people go to, to protect their assets in future relationships, boggles the mind.

    Having said that.....


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    Greenbelt area condos are nice also but a bit pricey cuz the place is surrounded by a mall and it's in the heart of Makati financial businesses. You could also check out condos located in The Fort, Taguig, it's just adjacent to Makati. The place is starting to boom with lots of new buildings, new restos, mall, even the well known club "The Embassy" is located there. Incidentally, the British Embassy relocated there recently.


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