Can foreigners buy property in the Philippines?
Foreigners can’t own land, but they can legally own condominium units—provided foreign ownership in the building does not exceed the allowed limit. Long-term leases are also common for landed properties.
What documents should I check before renting or buying a property?
At minimum: the title (or condominium certificate), a valid government ID from the owner or authorized broker, and proof that the person offering the property has authority to transact. For condos, buyers often ask about dues and house rules as well.
Is it safe to buy pre-selling condos in the Philippines?
Pre-selling can be legitimate, but buyers should verify that the project is properly registered and that the seller is authorized to sell. Payment schedules, turnover timelines, and refund policies are common deal-breakers if unclear.
What are the usual upfront costs when renting a condo or house?
Most rentals require advance rent plus a security deposit. Some properties include association dues in the rent, others don’t—this is a frequent point of confusion and should be clarified upfront.
Who pays association dues, real property tax, and utilities?
For rentals, utilities are typically paid by the tenant. Association dues may be paid by either party depending on the agreement. For buyers, real property tax and condo dues become the owner’s responsibility after transfer.