What is the price of land for a foreigner ?

Foreigners cannot own land. They only can lease.

Thank you for your reply.

Why have foreigners written on this forum that they "bought" land in the Philippines for a term of "25 years" or for a term of "2 x 25 years" ? Is a 25 or 50 year lease cheaper than a monthly lease ?

@michelsergent2008

It's not buying, bur leasing for a definite period of time. Ownership, and thus the title, does not change.

For any foreigner?....wwaayy tooo much!

Welcome to the forum michel.

Price of a property depends on location, location, location and how much a buyer is willing to pay for it. A non-filipino citizen cannot own land in the Philippines, however, if you have a legal business entity in the philippines, the business can own the land. There are conditions the business will have to abide by for it to own the property. i.e. % ownership.

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You can lease the land if you find one that fits your criteria. Same with buying, the rent depends on location, location, location and how much a renter is willing to pay.

Just like in any country, it will be very hard the know the average prices without having a specific property address. Sometimes property prices can vary a lot within a few blocks.

Real estate sales in the Philippines is not organized. You cannot tell which price and location of the property from the internet. Best to go there, look around, talk to people whether local or expats.

In 2019, I found a beachfront property on the island of Tablas in Romblon. The 'for sale' sign was a 5 x 16 inch cardboard on the fence. I stopped my hired vehicle and talked to the owner. After a few weeks, I called the owner (I was already back in the US), it was sold.

All the best to you.

Thank you very much.

So, if I understand you correctly, some foreigners are renting a house or land in the Philippines, with a lease term of 25 years, paying a monthly rent or paying a large sum once, because

1) they want to start a business on that land or in that house.

2) they do not want to move for several years.

Michel

Welcome to the forum michel.
Price of a property depends on location, location, location and how much a buyer is willing to pay for it. A non-filipino citizen cannot own land in the Philippines, however, if you have a legal business entity in the philippines, the business can own the land. There are conditions the business will have to abide by for it to own the property. i.e. % ownership..
-@Jackson4

Finaly anyone else than I say correct   

(The max owning land for foreigner through business is 40 %.  Foreigners can have max 40 % of the vptes, so there is a risk to get voted down though.)

Thank you very much.
So, if I understand you correctly, some foreigners are renting a house or land in the Philippines, with a lease term of 25 years, paying a monthly rent or paying a large sum once, because
1) they want to start a business on that land or in that house.
2) they do not want to move for several years.

Michel
-@michelsergent2008

Renting and leasing sound similar but are some different concerning laws.  E g at leased land foreigner can OWN WHOLE buildings.

Leasing is common for longer time than  renting. Now its max 25+25 years, politicians have disscussed to skip that max, but I dont know if they reached any change agreement.

(If the agreement dont tell else) both are undepending of if for business,  just living or a mix.

I kind of own land in inland Palawan as well as own part of businesses ther. (I have an other solution myself, which make I cant get voted down in business, but have other pros and cons than the normal.)

My business partner can assist you too, I suppouse for a fee, as well as I can assist you concerning legalities as well as which businesses can be profitable (which I have researched 10 years concerning the Philippines.  I make you a personal message.

@michelsergent28

A Hectare is 10000 square meters.

So big a plot could be expensive.

@michelsergent28
A Hectare is 10000 square meters.
So big a plot could be expensive.
-@Rammers

Not much in places OP ask for.

E g at HIGHWAY there are land for sale for 400 000 PESOS per hectare,

highway in walking distance to beach 500 000.

And away from highway I have bought for even less with much values at the land included.   At such its realy buyers market. Before we bought, we asked ONE and soon got around 20 offers just from the baranggay and a neighbour baranggay  Good lots dont have hard to find interested but few of them have money.  Selfish thinking I hope that will continue close to where I started, so I can buy up all the lots I want from future profits       But there are a lot similar deals in other baranggays/municipalies than "mine".

@coach53

Finaly anyone else than I say correct 

'Nurse get doc to increase the dosage'

To coach53, as a foreigner, being unable to own property in the Philippines hurts their economy. Very few foreign investments.  This also includes not being able to be a majority owner of a business you started and invested in. With SSRV, you can purchase a condo, but from my research, your choices are limited. Condos and complexes must be occupied by 60% Filipinos, which may impact board members' meetings for the building or community. Previous SSRV investments already took up all the good condos, so your choices may be limited. My wife and I worked hard in the US for thirty years to build a home in the Philippines. So even though I cannot technically own it, I can legally inherit it. Laws are tricky here, as in the US, so I would do more research before spending more money under the wrong impression.

    To coach53, as a foreigner, being unable to own property in the Philippines hurts their economy. Very few foreign investments.  This also includes not being able to be a majority owner of a business you started and invested in. With SSRV, you can purchase a condo, but from my research, your choices are limited. Condos and complexes must be occupied by 60% Filipinos, which may impact board members' meetings for the building or community. Previous SSRV investments already took up all the good condos, so your choices may be limited. My wife and I worked hard in the US for thirty years to build a home in the Philippines. So even though I cannot technically own it, I can legally inherit it. Laws are tricky here, as in the US, so I would do more research before spending more money under the wrong impression.
   

    -@Guest8964

Exact dear Guest8964

i was in Boracay in large and new condo near Golf area,

only 2 condo available, and pricing very high (2 bedroom 60 sqM  = 200K$).

I don't care for Training center or Security, but maybe is standard proposal here.

And maybe monthly charges very high.

I'm interested for any idea !

PS: Think about corruption, it's standard in PH

Pascal

@pva74

I have a 958sqm land in puerto galera im only selling it for 4,400,000 php

@michelsergent2008

for example : We have a land for sale in puerto galera which is now the diving capital of the philippines..

958 sqm we are selling it for 4,400,000 pesos

land varies depending on where you are i have 35,000 sq. meters with a resort on it, and 170 meters of beach front,  Filipino's do not like the beach area, they prefer the road, so the market will vary.  i sell beach land to expats, and inner sections to Filipinos.  and the resort furnishes them all.

but it is location, location, location.  lol i love where i am, because i am in a lovely quiet area, but only 1.5hrs away from different city's.  so if you are looking for land, and married, send the partner, don't show your face, as the price sky rockets.  and my advice is don't buy family land, and make sure you see a clean title, not a deed of sale.  i enforce that again, a CLEAN TITLE you need to see, and not just a deed of sale.

good hunting all the best, and open your eyes.

@micky1boy

Very good advice, searched many properties that claimed clean title,  only to find out it was only deeded. Even after we made our purchase, and was having the land resurveyed, the I.P. Chief with a major number of tribal members showed up scaring off the surveyors. 2 weeks later, after talking to their Tribal lawyer with documents in hand,  we were left alone with appologies. We did inherit a broken down house and paid a squatter to relocate their house to relatives property. This is definetly not the same as America.

Regards Keith

The price is whatever the land owner wants it to be AND it will be priced differently for YOU (foreigner) as compared to if it was a local Pinoy buying it.

Also worth noting, as this is asked/answered more than "Why is the sky blue?"...

A foreigner can not OWN land. You can certainly BUY it = PAY for it. But you won't OWN it. If you don't mind PAYING for something that you do not OWN, then have at it. But that land which you PAY for will be OWNED by a Filipino (your PH wife/husband, PH friend/associate, Etc). All those with a full-proof "This is the process I used to OWN land in the PH" is the same play on words that's been going on forever (created a business and the business owns it, etc) - you still don't OWN it.

The price is what the purchaser is willing to pay and not what the seller asks or thinks its worth/value and therein dictates the value of the property and not what the seller thinks it's worth and creates a market value.

As for owning land here? Forget it unless you are a Filipino national. Even condos,,,,,, you are buying a chunk of concrete siting in the air and the land owned by a local consortium and at around 50 years it's demolished to make way for new because the association dues paid for maintenance are generally misappropriated into pockets and not looking after the building.

Much better a long term lease, at least your money goes to a deserving soul/family after 50 years.

OMO.

Cheers, Steve.

@porkhips  hi porkhips, i fully agree, the only way a no Filipina can own land is through the death of your Filipino spouse. and there are no incumbrances on the land, and also your spouse made a last will stating he/his family are not to receive anything as they are not entailed to.

    To coach53, as a foreigner, being unable to own property in the Philippines hurts their economy. Very few foreign investments.  This also includes not being able to be a majority owner of a business you started and invested in. With SSRV, you can purchase a condo, but from my research, your choices are limited. Condos and complexes must be occupied by 60% Filipinos, which may impact board members' meetings for the building or community. Previous SSRV investments already took up all the good condos, so your choices may be limited. My wife and I worked hard in the US for thirty years to build a home in the Philippines. So even though I cannot technically own it, I can legally inherit it. Laws are tricky here, as in the US, so I would do more research before spending more money under the wrong impression.

    -@Guest8964

Yes, laws are tricky. It took me years to find interesting solutions.

Several parts of what you wrote is correct, but some important things are wrong, but I dont tell what and solution possibilities. I stoped sharing my knowledge here from years of studying Philippine laws, because moderators protect them, who make up lies about me...

@coach53

I stopppped sharing my knowledge here from years of studying Philippine laws, because moderators protect them, who make up lies about me...

You keep repeating yourself Coach. May I suggest a stronger prescription.

       


I stoped sharing my knowledge here   
   

    -@coach53

I am sure I speak for many when I say thank you for your restraint.

Just when you thought it was safe to go back into the water.

Cheers, Steve.