Skip to main content

Can Foreigners Own a Property in the Philippines?

The Real Estate is on booming stage here in the Philippines. As such, as far as a lot of foreigners wanted to visit the country for many reasons; one might be to find someone here who they can spend their life with, it would be more practical to purchase a property here in the country.

Yes of course, you as a foreigner can own a property in the Philippines and we have a lot to offer.

Philippines’ tropical climate, the warmth of the Filipinos and great opportunities for investments are some of the many reasons why more and more foreigners are now becoming interested in buying properties in the Philippines. On the other hand, many people are still not sure whether foreigners can own property in the country. The answer is yes, foreigners may own real estate property in the Philippines, but they are not allowed to buy and own land. Foreign ownership of property in our country is not absolute and subject to restrictions. Yet still, foreigners can invest in vertical property here.

Non-Filipinos may purchase and own condominium units built on Philippine soil. The ownership of condominium units is still subject to a 40% restriction for foreigners because a condominium project is similar to a corporation set up where 60% must be owned by Filipinos. Although it is clear from our laws that foreigners are not allowed to own land and their ownership of other forms of real estate properties is limited, these rules are subject to certain limitations.

In accordance with this scenario, we will show you one Condominium project which will surely catch both your curiosity and interest.

Presenting The Amaia Skies…

They have four (4) high rise Condominium so far and as of this writing, it is all nearly on its turn over stage. The Amaia Skies AVENIDA, STA. MESA, CUBAO, SHAW.

These are all strategically located which will make your stay in the Philippines more accessible to all places, establishments and events.

Amaia is the economic residential brand of Ayala Land, Inc. that caters to the broad affordable market segment. Its developments are anchored on 5 pillars- Location, Features and Amenities, Quality, Buying Experience, and Living Experience.

Amaia Land Corp. is a wholly-owned subsidiary of Ayala Land Inc. (ALI) that caters to a broad affordable market segment.

Amaia promises to bring the spirit and quality of an A-development to more people. Originally named First Communities Realty, Inc. under the former Laguna Properties Holdings Inc. (LPHI), Amaia focuses on the economic housing segment, which makes up 34% of the Philippine real estate market. Amaia caters to a broad affordable market segment that includes government employees, teachers, manufacturing employees, small business owners, starting professionals and families of Filipinos working abroad.

OUR NAME

In Spanish/Basque, “Amaya” means a high place, the fulfilment of a dream. “Maya” is also taken from the local sparrow, humble and courageous as it goes about providing for its family each day.

FIVE (5) PILLARS

Amaia Land Corp. will uphold the following pillars on its projects to be able to bring quality development to more people.







Wide Reach … Near Major Growth Areas
Accessible Within 3-5km from Commuters/Bus Hubs
Unique Community Concepts, Innovative House Designs, and Sense of Spaciousness
1-year Workmanship Warranty
Strong & Reliable Construction Team-up
Easy on the Pocket
Convenient Payment Options
Accessible Sales Offices & Customer Service Centers
Safe & Secure
Envisioned and Planned as a Functioning Community
Provisions for “Growth”
A Community to be Managed by Ayala Property Management Corp. (APMC)

Why wait, you can reserve a unit now for only 425 US Dollars or Php 20,000.00.

For all your inquiries about the project, you can reach a Property Specialist who can assist you on your property investment here in the Philippines.

You can send an e-mail, chat, text thru the name below or simply post your comment here.

Fernan dela Cruz
+63 917 740 5493

Remember, it’s more fun in the Philippines ;-)

Cheerio!

Comments

Popular posts from this blog

The Most Expensive Philippine Coin Ever Sold

I personally am fond of collecting old coins. I have an ample collection, and decent if I may add, of Philippine old coins. Though I collect coins for a hobby, some people kept on asking me how I acquire those coins and if I’m selling one. So in some cases, when I visit the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), I always try to order an additional from my own to sell or give it as a gift to my friends. I always wonder, what Philippine coin is the most expensive ever sold, and how much. Priced at $22, 000 or Php 1,038,136.00 as of this writing ($1 = Php 47.19), the 1903 San Francisco Mint fifty centavos is perhaps the most expensive United States-Philippines coin ever sold. Only 2 specimens have reported and only one formally auctioned for the price mentioned. Do not mistake this one for the common 1903 Philadelphia Mint fifty centavos. This coin is an absolute rarity. How this coin surfaced? The story behind that incident is still a myste

The Great Badjang or Giant Taro

As we try to come up with things to do to make our days productive this Pandemic, a lot of people are leaning towards Gardening. Here in the Philippines, people are becoming crazy with a certain plant. It has large leaves which resembles an Elephant’s ear. Badjang, as we call it here in the Philippines, scientifically called Alocasia macrorrhizos, is a species of flowering plant in the arum family that it is native to rainforests of Island Southeast Asia, New Guinea, and Queensland and has long been cultivated here in the Philippines, many Pacific islands, and elsewhere in the tropics. It is also famous as Giant Taro. The giant taro was originally domesticated in the Philippines, but are known from wild specimens to early Austronesians in Taiwan. From the Philippines, they spread outwards to the rest of Island Southeast Asia and eastward to Oceania where it became one of the staple crops of Pacific Islanders. They are one of the four main species of aroids (taros) cultivated by Austron

Hanamichi Sakuragi: In Real Life

I am not that young, though I am not that old to have watched the Manga Series Slum Dunk. A lot of people is being fascinated with the game of basketball. Almost everyone knows how to play the game. Maybe, just maybe, NBA really popularized the sports. Apparently, one story caught my attention, and surely, it is really worth to tell ;-) Slam Dunk (スラムダンク Suramu Danku?) is a sports-themed manga series written by Takehiko Inoue about a basketball team from Shōhoku High School. It was first serialized in Shueisha's Weekly Shōnen Jump in Japan from 1990 to 1996 and had also been adapted into an anime series by Toei Animation which had been broadcast worldwide, enjoying much popularity particularly in Japan, several other Asian countries and Europe. Inoue later used basketball as a central theme in two subsequent manga titles: Buzzer Beater and Real. In 2010, Inoue received special commendations from the Japan Basketball Association for helping popularize basketball in Japan.