Property Investments
Philippines
The name Philippines derived from King Philip II of Spain. The Philippines was a colony of Spain for almost 400 years but ceded to the United States in 1898. In 1946 the Philippines was given independence by the U.S and the republic was created. The Philippines or as its also known "the Pearl of the Orient Seas" lies 750 miles off main land Asia and consist 7107 mostly unoccupied islands, offering some of the finest powder white beaches, magnificent coral reefs and crystal clear waters in the World. The capital of the Philippines is Manilla which is located on the eastern shores of Manilla Bay a modern city full of excitement and life.
The Philippines is becoming a major player in the global economy and is expanding rapidly. Tourism is a major influence in the Philippines economy hence the majority of locals can speak and understand english. Overseas investors must take note that there are restrictions in buying land in the Philippines apart from certain circumstances.
The newly elected government of the Philippines is focusing on investing heavily in tourism which is good for investing in buy-to-lets and focusing on rental incomes of properties. Prices of properties in the Philippines are currently low so this will be an advantage for foreign investors to purchase properties to earn back good rental income whilst tourism booms in the Philippines. Currently tourism is increasing in the Philippines and the tourist derive from United States, Japan, China, Australians, Canadians, Taiwan, Malaysia and surrounding countries. Hence there is a great need for the rental market and potentially great return on investing in property in the Philippines.
Latest projects
Blue Coral
- Additional hotel suites & apartments released
- Investment from as little as $33,400
- 80% occupancy guaranteed
- Net returns of up to 18.2%
- 60% non-status finance available
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