Finding the right property for you in the Philippines 🇵🇭

Our retirement journey - episode #6. Our approach to finding and buying property in the Philippines.
‪@buildingthephilippines‬
#retirement
#realestate
#property

Пікірлер: 96

  • @genvil4609
    @genvil46095 ай бұрын

    You two are smart couple. Thank you for that valuable tips.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you, appreciate it.

  • @Ray_Warren
    @Ray_Warren2 ай бұрын

    Thanks for sharing

  • @buildingthephilippines

    @buildingthephilippines

    2 ай бұрын

    You bet

  • @PierreFromCanada
    @PierreFromCanada5 ай бұрын

    Re: the studio. Good decision. Much less echo.. I like the more formal approach you described. I think the main factor to your success was to sit-down (both of you) and have that long discussion about what you both wanted. (Characteristic of the lot, timelines, etc..). ANOTHER key factor was to write this list down and "sticking to your guns" . Also, I inferred that you two presented a unified front to realtors who, like car dealers, may try to exploit any signs of divisiveness to make the sale. Everything in this video is sound advice, and I thank you for it. Excellent. ( I have an off-topic request: If you ever have the time... I would appreciate having your thoughts on Home security and understand your reasoning for not building in a gated community. ) Salamat!

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks for the comment and will discuss that off topic suggestion in a future video.

  • @PierreFromCanada

    @PierreFromCanada

    5 ай бұрын

    @@buildingthephilippines Great thanks!

  • @dumaguetedreaming

    @dumaguetedreaming

    5 ай бұрын

    One reason could be that property in gated communities are at least 3-5 times more expensive. That is stopping me at least.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    And the lots are usually much smaller 200 to 500 square meters.

  • @nonellechin9412
    @nonellechin94124 ай бұрын

    So knowledgeable and very informative ‼️

  • @buildingthephilippines

    @buildingthephilippines

    4 ай бұрын

    Appreciate the comment and thanks for watching.

  • @kimojames808
    @kimojames8085 ай бұрын

    FB marketplace is how I found our 2nd home. Luckily we had my wife's family help check the house out. With SPAs, an Apostille and a Red Ribbon from the embassy we were able to buy this home in the Philippines.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Great to hear, congrats. FB is a great resource. Thanks for watching.

  • @talitha5OG
    @talitha5OG4 ай бұрын

    Like your studio 👍, better sound quality. I wish I saw your videos before buying land a few years ago…but have better perspective now going forward 😅.

  • @buildingthephilippines

    @buildingthephilippines

    4 ай бұрын

    Thanks for that sound check, need to record there more often. Appreciate you watching our videos.

  • @dwaynedeason5638
    @dwaynedeason56384 ай бұрын

    I can really relate to your methodical approach. Hello from Dwayne n Ria Texas/Bulacan

  • @buildingthephilippines

    @buildingthephilippines

    4 ай бұрын

    Hello, appreciate you commenting and watching our videos.

  • @ShikokuFoodForest
    @ShikokuFoodForest5 ай бұрын

    Hello Wilma & Greg. Thank you for sharing your story on seeking land and ALL your tips. I completely agree on being very strict with all your realtors on exactly what you are looking for.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks, appreciate the comment.

  • @evelyndennis9199
    @evelyndennis91995 ай бұрын

    Thank you for your information ❤❤❤

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Your welcome, appreciate it.

  • @pashajan541
    @pashajan5413 ай бұрын

    In Philipine,Thailand Foreign Residents Are Not Allowed To Own Land It's Written Very Clear In Their Law I Personally Will Never Ever Risk My Hard Earn Money To Be Waisted

  • @buildingthephilippines

    @buildingthephilippines

    3 ай бұрын

    Many people feel that same way and many do not. Thanks for watching.

  • @rbjkeller
    @rbjkeller5 ай бұрын

    You Guys are Awesome! Thank you so much for all that you've shared on this channel! We will take your advice to heart.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you. Appreciate the comment.

  • @BobP-yf6qe
    @BobP-yf6qe5 ай бұрын

    Thanks for more great information!

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you, appreciate it.

  • @delboca7615
    @delboca76155 ай бұрын

    Great information. I appreciate your organization ❤

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you, appreciate it.

  • @reginaldgines5617
    @reginaldgines56175 ай бұрын

    nice one Greg and Wilma 👍 you both did your due diligence

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you appreciate it.

  • @mikeb9189
    @mikeb91895 ай бұрын

    Salamat on the Facebook Market Place tip!!! Gonna start using that vs. the sites I’ve been googling etc. Learned many many many tips over the months from you two. Thanks so much. Can’t wait to leave USA in 35 months retire in Negros Oriental my Filipina wife’s home province.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks awesome Mike, glad to hear your retiring to the Philippines. Appreciate you watching our videos.

  • @steveperyer4850
    @steveperyer48505 ай бұрын

    A good video to help the 10% on keeping it real, when buying property for your future home in the Philippines. Stick to your requirements, and don’t let the realtor have you settle and waste time. All of those are really what everyone who is looking to build anywhere should be doing. If you don’t, you like you said, “but what if”. That is so true. Always happy to hear your story😊

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks Steve, stay warm up there in Northern NY. Been cold lately in your neck of the woods.

  • @JimboandGhen
    @JimboandGhen5 ай бұрын

    Great idea using that 3 Realtor approach and being transparent right from the start! 😄

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Yes, it worked for us. Created a bit of competition. Thanks for watching.

  • @jsully4064
    @jsully40645 ай бұрын

    Great video, thank you for sharing your insights on how to pick a realtor and the property you are looking for. Looking forward to your other videos especially how to pick a lawyer, architect and contractor.......Jim

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank Jim, appreciate it. Thanks for watching.

  • @rorybellamy2533
    @rorybellamy25335 ай бұрын

    nice studio , the curtain backdrop brings the focus closer to the Hosts.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks Rory, good to know. We used an external mic for the first time as well.

  • @gregprov

    @gregprov

    5 ай бұрын

    Still pretty echoey… you should use wearable mics.

  • @rabukan5842
    @rabukan58425 ай бұрын

    All great points Greg and Wilma. We’re in the process now, and we know how realtors would take us to properties that had no relation to the wish list we gave them, so we did the same and found one who listened. Same with lawyers. And yes, earnest money will never be returned.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Good luck in your search for land. Thanks for watching.

  • @pashajan541
    @pashajan5413 ай бұрын

    Long live Countries Like America, England, Australia, Germany, France, Spain,Ireland & So Many Other Countries Where Foreign Residents Can Buy Land & Open Run Business 100% On Their Name With Out Worries Of Joint Ownership With Locals Who Can Change Their Greedy,Selfish Mind Any Time & Easily Kick You Out Of Your Entire Life Savings

  • @buildingthephilippines

    @buildingthephilippines

    3 ай бұрын

    There's arguments both ways regarding countries allowing foreigners to buy up land and businesses. Regarding getting kicked off, that would only happen if you chose the wrong lady to be your wife.

  • @haradagene5134
    @haradagene51345 ай бұрын

    Hello Wilma and Greg! Thank you so much for your video! Very informative, this really helps me. I am looking for property in the surrounding Manila area. 👍

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Very nice to hear, good luck in your search.

  • @A-RHINO-IN-THE-PHILIPPINES
    @A-RHINO-IN-THE-PHILIPPINES5 ай бұрын

    Great Info thanks. I want a jungle view on the side of a large hill {MT}.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Yes, the view behind us is amazing. I need to show it more on video.

  • @51dbail
    @51dbail2 ай бұрын

    Land is crazy expensive here. Even at 1k php per SQM. Good luck finding that! That’s 4046K php per acre or $70113. Most land in my area is 8k+ per SQM. So a 1000 SQM lot, 1/4 of a acre is over 8m php, or $138k

  • @buildingthephilippines

    @buildingthephilippines

    2 ай бұрын

    Agreed, land prices are quite expensive here.

  • @haldepet12
    @haldepet125 ай бұрын

    The result of your prcess is great, you achieved almost your goal. And 7 month of acquiring and building is very ambitious. So you didi the right things no doubt about that. However, I am not sure if I go through the same process. It sounds to me hard work. In my country I am used to get documentation first with most of the relevant details. Your way you only get the details when visiting or even later what the papers are concerned. Is this really the way to go, is there no short cut to eliminate the unmatched? What about making a tender? Put your specification book (with must have, nice to have) on a dropbox and mail to hundreds of agents, giving them access to your drop box? Will the agents make poweful documentations for you?

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    This is the Philippines, things are done very differently here. If you haven't spent significant time here, it's hard to get someone who hasn't to understand.

  • @mikeb9189
    @mikeb91895 ай бұрын

    PS. Did you know your channel and article about you was featured in Business Insider magazine? Nice.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Yes, Wilma and I were interviewed by the Business Insider in December. Thank you.

  • @Planty3125
    @Planty31255 ай бұрын

    The studio audio is much clearer.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thank you, we thought so too. Used and external mic as well.

  • @Ray_Warren
    @Ray_Warren5 ай бұрын

    Tricking us with the upload times LOL

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    The bosses idea, I just follow orders.

  • @billymarlowe9054
    @billymarlowe90545 ай бұрын

    What was the best area of Leyte you found land. My wife’s large family is in Biliran and Leyte is probably about as far away as I can get from Biliran? Thanks for always have great information on your channel.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    We found some decent lots around Ormoc. However, quite expensive. Actually double what we paid here in Dauin.

  • @biggdogginthephilippines7067
    @biggdogginthephilippines70675 ай бұрын

    Great video.....did you guys pay cash or financed?

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Cash sale, managers check from our bank.

  • @biggdogginthephilippines7067

    @biggdogginthephilippines7067

    5 ай бұрын

    @@buildingthephilippines thank you

  • @user-hm4oy7hw4t
    @user-hm4oy7hw4t5 ай бұрын

    NORTHERN WISCONSIN HELLO .. CAN YOU SHOW US YOUR OCEAN VIEW ? SALAMAT

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    We have many many videos in our playlist showing our views. Go to @buildingthephilippines and watch our video on that main channel page. Lots of drone footage and video of land and house. kzread.info/dash/bejne/X6mCwbmQo7y_d8o.htmlsi=cDv1OZzKftn7uNkn

  • @dumaguetedreaming

    @dumaguetedreaming

    5 ай бұрын

    Their ocean view is from the sloping mountain side they have located in.

  • @gjm456
    @gjm4565 ай бұрын

    We were driving around your subdivision last week looking for property. Actually drove by your house, Decided against buying there . We saw too many snakes slithering around. They don't bother me ,but my wife hates them. 😉 🤣 Seriously. Great information. You two have a beautiful home !

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    No snakes here, must of watched my interview with Mark.

  • @gjm456

    @gjm456

    5 ай бұрын

    yes I did haha @@buildingthephilippines

  • @hillbillyintheasia6122
    @hillbillyintheasia61225 ай бұрын

    just found this channel join it

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Thanks HB for finding our channel. Appreciate you subscribing.

  • @scottjohnson921
    @scottjohnson9214 ай бұрын

    Did you fire the first realtor who tried to sell you the rice field? LOL

  • @buildingthephilippines

    @buildingthephilippines

    4 ай бұрын

    Lol, actually yes. We never used her again.

  • @g-manthenurseman7532
    @g-manthenurseman75325 ай бұрын

    Did you guys consider living near Wilma’s family? When my wife and I get our land, she’s not really sure if it’ll be close to her mom and siblings. I had thought it was just a given that we would be, a it seems most Filipinas so that.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Yes, we considered it and decided against it. To provincial for the both of us. 1 hour drive for a hamburger, 2.5 hours to a modern hospital.

  • @Landmantx

    @Landmantx

    5 ай бұрын

    We decided to find a place far from my wife’s family. First we wanted the beaches nearby and better services. Second we wanted more privacy and freedom. We chose Bohol and my wife is from Bicol Luzon. The downside for us is my wife doesn’t speak bisayan.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Ah yes different dialect, that's a bit of a challenge.

  • @g-manthenurseman7532

    @g-manthenurseman7532

    5 ай бұрын

    @@buildingthephilippines my wife’s from Guimaras, which isn’t bad and will be closer to the city if they ever do build those bridges to Bacolod and Iloilo. The only thing I’ve insisted on so far is to not retire IN Bacolod, but going out to the mountains an hour away might work.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Enjoy and good luck to you guys.

  • @dickeyspaz3222
    @dickeyspaz32225 ай бұрын

    Good info Greg. Do you think at some point you could discuss the tax/asset implications for U.S. citizens who buy/own property abroad. I assume the money grubbing IRS has a way to get their slice of the pie at some point. Thanks!

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Yes, we will go over taxes here and back in the US as well.

  • @tobywebb6452
    @tobywebb64525 ай бұрын

    Real estate agents are the same the world over... you've got to do your own research!

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    You are spot on Toby, they just want to make a sale as quickly as possible. Buyer beware.

  • @Landmantx

    @Landmantx

    5 ай бұрын

    My real estate broker was awesome and super helpful, but the attorney was a huge waste of money from what I could tell.

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    @Landmantx very true, I have heard where attorneys have failed to tell tell the entire story for some foreigners in this area. Integrity is in short supply with some transactions. Others have no issues at all.

  • @elenorjarret8369
    @elenorjarret83695 ай бұрын

    We have a question about retiring in the Philippines how it works your sss retirement

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Send me an email at buildingthephilippines@gmail.com

  • @ruebenadegoke9282
    @ruebenadegoke92825 ай бұрын

    Am looking for land near you guys any suggestions

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Reach out to Alma Almonte Fulco on Facebook messager.

  • @VENEMPASTOR
    @VENEMPASTOR3 ай бұрын

    I wish the Philippines government would reciprocate at least one of the many rights Filipinos enjoy in the USA such as allowing Americans to own at least 1 acre of land to build a retirement home and be at peace. Without taking the risk of putting it in someone else's name.

  • @buildingthephilippines

    @buildingthephilippines

    3 ай бұрын

    Old habits/beliefs/customs/laws are hard to change here. Many people still believe in wok woks and white witches. Witch doctors still exist, probably wont change in our lifetime.

  • @Pgroomer
    @Pgroomer5 ай бұрын

    Hi Greg and Wilma i tried your email i could not get it to go through

  • @buildingthephilippines

    @buildingthephilippines

    5 ай бұрын

    Our email is buildingthephilippines@gmail.com all lowercase letters.