Philippines Property

The Philippines with its 7,100 islands, boast many attractive properties for sale to foreigners. Property prices are excellent when compared with Western prices and the cost of living is also low. Added to this, most of the population speaks English, making for an ideal holiday home or retirement destination.

Most foreign purchase takes place on luxury condo style developments in Manila's best neighborhoods. In addition, there are some condo projects in Cebu, the country's second city. While they represent top-end property in the Philippines, prices are lower than in any other part of Asia, giving rise to strong rental yields for properties located in popular resort areas, where annual returns can often reach around 10%.

The islands comprising the Philippines are beautiful, tropical paradises with fantastic reefs, marine life and average annual temperatures of 26.5°C (79.7°F).

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