I have been told for £30,000 in the provinces I can buy a pretty decent property. Even though i can never own it myself - it will serve a purpose. Thinking of moving there at 55 and see my days out. Cheers. Advice please.
http://www.camella-silang.com/house-for-sale-in-camella-tagaytay-carmela-house-model/ Cavite - seems a nice location.
Yes that is true in some parts of the province but it does depend on location and quality of building as it does anywhere. Search online and also visit yourself, but remember that if you show your face, the price will rise .
I went to look at some Camella homes in Cavite in 2011. They looked fine. My recollection is that they were single brick, which did bother me a little. By brick I mean a form of block. Someone on here warned against them. But I am not so sure they are as bad as that person made out. Camella have been around for some time now. They surely have established some reputation, for good or for bad. It would be easy to check some of the established sites out. It was the Alabang area we looked at. Daang Hari. The prices were fixed. So no long nose tax as such. My wifes sister knew the rep so no nonsense with prices anyway. Same as on the website. I think this was it: http://www.camella.com.ph/main/megamanila1/cerritos-heights Actually, it was Lessandra Heights. Same area.
If you have a house in the UK, you can rent it out and use it to pay rent in the Philippines. Another option.
Make sure it has clean title, then have it photo copied, Take it to a attorney have checked, then have it double or triple checked. Try and stay near the house for a few weeks listen for roosters, barking dogs, noisy neighbors, Karaoke, loud music, motor bikes. Make sure there are no floods in that area, is it safe? is it near the highway, has it got right of way. make sure about internet, electric, water. These seem obvious, but better to take on advise first. Good luck.
I was going to do that John, but decided, for me personally it is better to sell my UK home. To have it managed it's going to cost me, I think it would have been 10% or 20%. Plus a major headache.
Its a tiny house..Not as big as the marketers try to make it look like it is in the pic.. 65 sqr meters spread over two floors might suit your needs but you must be aware of what that size "house" feels like to live in, in reality.. An actual visit before considering purchase is advised.. Also notice that the balcony in the pic is not included for that price. The lot of 88 Sqr mtrs in that area could be purchased for about 400k (ish) if you can find a lot that small.. If you built the same property to a really good standard (far better than one in pic) you would need to spend at least 15.000 per sqr meter.. Total finished build cost just under a Million,so house and lot 1.4 -1.5 Million PHP.. The house and lot probably cost the developer quite a lot less than 1 million PHP.... IMO. That said,they bought a huge lot/lots in one big hunk of land cheaply, but still quite a large investment on their part. You may also see why the construction game as a business here aint such a bad bet for some.
They are hollow blocks and are not designed with a need to cope with any structural compression,so not an issue really. Think of them as nothing much more than a large gap filler. The problem with only one single course of blocks here (standard practice) is that there is no thermal barrier or air spaces(no cavite air space).. This turns the CHB walls into a heat storage battery during the day which keeps the house heated nicely all day and all night. Nothing that 2 or 3, A/C, 1 hp units cant fix though! Edit. There are some really good building systems here now for exterior walls in regards insulation values.. Well insulated roof panels are also available. Even though..Ridge vents and large eves should be incorporated into roof design if possible for a far cooler interior and eco friendly build. Good ventilation,shade and insulation are always a good idea when planning a house build or living abode here in the tropics. Buying a pre developed house here though..You get what you get!
before you buy a property rent one for a year in the area of interest and see if its really where you want to live as selling and moving later can also be a tricky process especialy since as you say ,you wont own it
Having sold property in the UK (twice) and invested in the Phils, I can only say think long and hard about it. Had I done so, I'd probably be about £300,000 better off now. I would recommend renting in the Phils.
I hear you, but if its only 30k...what great damage is that?..you will probably say ...and the rest !
I just think the UK is too over crowded now - and getting worse, its a better life over there overall with a few quid in your pocket for those who can.....better people, better climate, less stress...etc...
Until you need a hospital! My wife used to live in Cavite, and it seemed more crowded than where I live in the UK. Not sure how the UK is over crowded, unless you're in London. But Manila is probably worse. Also, there's as many dodgy people there as here. It's not the dremland it can seem on a 2 week romantic break if you ask me. I would quite like to live in Fort Bonifacio though, although the total lack of any health service would concern me.
If you could afford to live in that part of Makati (oops Taguig ) you wouldn't be too worried about hospital bills The quality of care is extremely high and is actually a lot cheaper than it would be if you had to pay privately here with no insurance, however cheap is relative and any medical bills are of course a potential bottomless pit over there. And yeah getting a hospital out in the sticks could be problematic.
I'm not disputing that the Philippines is a great place to live. I love it there. Different subject though.
What would worry me is that my mum has dialysis 3 days a week. If I ever needed that when I was older I'd be stuffed! There are some decent apartments at South of Market, near Bonifacio High Street. I could easily cope with living there. We used to rent an apartment there when I went over. It's a bit of a special place for us.
