Buying Land or real estate here in the Philippines is a good investment whether you will use it to build a home or for commercial use. Before you purchase a land, there are many things you have to consider such as legal documents, price, location, etc. It might also require you to go back and forth to the different government offices, depends on your knowledge in processing all the legal documents.
To help you in buying land here in the Philippines (whether you’re a foreigner or a Filipino), here are some helpful blogs from our previous posts related to purchasing land in the Philippines:
Purchasing Lot in the Philippines Part 1: Check the Title
In the Philippine, there are different types of documents to determine and to validate land ownership. Before purchasing a land, make sure to do your homework and check thoroughly with the proper government agencies to confirm the authenticity of the documents. In this blog, you will have an idea of the different types of documents that you will encounter in purchasing a land.
Purchasing Lot in the Philippines Part 2: Tips Before Buying Land
Buying a land is not as easy as buying your favorite bag or shoes. It requires a huge amount of money. Practicing due diligence in purchasing a lot here in the Philippines can take a bit of time, but this relatively small delay will save you some headaches in the future. The tips mentioned will surely come in handy when it’s time for you to make that decision.
Purchasing Lot in the Philippines Part 3: Legal Documents needed
To successfully purchase a land and to protect your hard-earned money, there are few legal documents you should be familiar with. These sample documents are proof that you bought the property from its seller and that you are now the legal owner of the said land or property.
How to transfer Land title in the Philippines
At this point, you must have decided to buy a property and pay the agreed price, now what’s next? It is crucial to transfer the land title to your name as the new owner of the property, this will protect you and your investment. As we mentioned above, just in case someone (with no evidence) show up and claim the property, you have all the proper and legal documents to prove that you are the rightful owner of the said property.
Keep in mind that with due diligence and enough knowledge, you can make your land purchase a sound investment in which can possibly lead to maximum ROI (return on investment) in the future. If you want some insights or questions, do not hesitate to contact our consulting team now and we will be glad to help