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Home Source of Real Estate Investments in Cebu-Philippines |
-Welcome to Cebu Grand Estate.com
Philippines- |
"Excellent Beginnings Start
With Us" |
Your Premier Home of Philippines' Real Estate
Property Listings focusing on Cebu Real Estate investing information, developments,
news, updates and resources of great investment opportunities on Cebu condominiums,
apartments, condotels, subdivision house and lot package - on PRE-SELLING Developments. |
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We are also offering some other options of Cebu properties marketed as For Sale or For
Rent; e.g. raw or vacant land / Cebu subdivision lot, Ready for Occupancy apartments or
condo, homes or house and lot which are Direct from the Owners or Direct from the Developers;
beach front real estate or waterfront residential homes or investment properties
specifically located in Mactan Island, Metro Cebu, Boracay and ANYWHERE in the Philippines.
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~ CEBU CONDO ON PRE-SELLING ~ |
SOLINEA :: a 29 storey tower SOON to RISE
in Cebu Business Park in front Ayala Center Cebu. Discover a City Resort
Living by Ayala Land - Alveo. Life would be a holiday in Solinea, a gateway for a comfortable,
restful, cozy, private and highly accessible . . .
READ MORE >>> |
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AZALEA PLACE :: a 25-storey condominium
by Robinsons Land Corp. that will SOON TO RISE along Gorordo Avenue, Lahug,
Cebu City. Just across University of the Philippines, and between
Asiatown I.T. Park and Cebu Business Park . . .
READ MORE >>> |
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AMISA TOWER 3 :: a 6 hectares luxury beach-front
residential and resort development in Mactan, Cebu, Philippines. With its 210 meters
wide beach frontage, spend the day gazing at the magnificent view of the Magellan Bay and the . . .
READ MORE >>> |
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TWO RESIDENCES at MARCO POLO :: a 29-storey
luxury condominum that provides you with a view of the Cebu city landscape
that can be framed perfectly in your windows. Situated in the prestigious Marco Polo Drive,
Nivel Hills . . .
READ MORE >>> |
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CALYX RESIDENCES :: the second green, hybrid
condominium that will SOON TO RISE in Cebu Business Park. Cebu´s first high-rise rooftop
Aqua deck and infinity pool on the 28th floor offer a panoramic view of Mactan channel,
the islands beyond and . . .
READ MORE >>> |
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HANAYA :: The first mid-rise RESORT inspired
condominium community in the Northern Cebu (between Talamban and Consolacion) area of Cebu
that offers a variety of resort feel amenities with abundant and lush landscaping, open spaces . . .
READ MORE >>> |
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HORIZONS 101 :: a 59-storey Tower 1
- one of a Horizons twin-tower residential condo along Mango Avenue, Cebu City just across
St. Theresa's College. Enjoy an unobstructed views, the most enviable high-rise residential address . .
READ MORE >>> |
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FREQUENTLY ASKED QUESTIONS
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Why Invest in the Philippines?
Considered as Asia's New Big
Investment Hub. - It is also the best Asian country in terms of overall quality
of expatriate life, considering its cultural compatibility with expatriates, housing,
sporting, recreational facilities, quality healthcare, first-rate educational institution
and its abundant natural resources. |
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Why Real Estate?
It's an Investment that Never Depreciates. The value of real
estate properties always increase as times goes by. Buying real estate is a solid,
tangible investment which you can use as your home of residence or as a means of
earning profits | income either by selling, renting and leasing. |
Who can Buy Real Estate Property in the Philippines? |
1.) Philippine citizens who are residents of the Philippines
2.) Philippine citizens who are residents of another country or working overseas
who maintain their Philippine citizenship
3.) Philippine dual citizens
3.a.) Natural-born Philippine dual citizens. Those born with a
Philippine and foreign citizenship as a result of the concurrent application of the laws
of the Philippines and a foreign country which consider one a citizen of each country,
e.g., those born to a Filipino and foreign parent.
3.b.) Natural-born Philippine citizens who subsequently acquire
foreign citizenship involuntarily, i.e., without undergoing foreign naturalization, e.g.,
marrying a foreign national whose country automatically considers the Philippine spouse its
own citizen and who have not renounced their Philippine citizenship by any act or omission.
3.c.) Natural-born Philippine citizens who voluntarily opted to
acquire foreign citizenship but eventually chose to reacquire their natural-born Philippine
citizenship status under the Philippine Citizenship Reacquisition Act of 2003 (Republic Act No. 9225),
regardless of whether or not they have renounced their previous foreign citizenship. |
NOTE:There are no area limits on the ownership by
Philippine citizens of non-agricultural private land. Private agricultural land acquisition
must not exceed a combined total of 5 hectares / 50,000 square meters. |
4.) Philippine corporations whose capital stock is 60% Filipino-owned
NOTE: There are no area limits on the
ownership by Philippine corporations of non-agricultural private land. Philippine corporations
may lease, but not own, public agricultural land not exceeding 1,000 hectares for two 25-year
periods and own private agricultural land not exceeding a combined total of 5 hectares
(50,000 square meters). |
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Can Foreigners Own Real Estate in the Philippines?
Generally, only Filipinos are allowed by Philippine
laws to acquire by purchase, transfer or assignment any lands however foreigners
may be able to acquire properties in the Philippines by any of the following:
Lease the Property - You can lease public
and private land for 25 years with an automatic renewal for 25 years, (just enough
time for return on investments). This is also a cheap alternative, but it makes it
difficult to make any sort of investment return on a property.
However, it is ideal for those thinking of retiring here.
Unlike many countries such as Thailand or Indonesia, a lease on property for a foreigner
is a very easy and straightforward step to take in the Philippines. This is the easiest,
least time-consuming, and safest way for a foreigner to purchase small areas of
land within the Philippines. It can be done directly with the owner.
Through a Filipino Trustee or wife
- Have a Filipino (you can trust) where you can put the title or ownership of property
in his/her name. This is the most common way for small-scale investors to buy property here.
Purchase land as a Balikbayan
- The Government of the Philippines has recently passed the Dual Citizenship Act which
gives all former Filipinos the right to purchase land within the Philippines.
Buy A Condominium Unit - You can own 100% of the
unit but not more than 40% of the entire condominium project.
Form a Corporation - You can form a corporation
with Filipino partners with the sharing of 40% foreign - 60% Filipino capital.
This is the most iron-clad form of property ownership for foreign
investors, and definitely the preferred form of property ownership for those thinking of
establishing a resort, or tourism facility. In fact, the majority of existing resorts and
businesses owned by foreigners are using this form of ownership.
Inherit the land if your Spouse dies - This simply
means, when your Filipina wife dies, you as the compulsory heir, together with your children
if you have any, will become the legal owners of her property.
Is it safe to buy land in the Philippines?
Yes, the Central Registration of documents ensures that you can
buy with complete confidence. We can provide certified copies of documents evidencing title
to and/or rightful possession over properties. If you want a certified copy of the title,
we charge a small fee.
Can I form my own Land Holding Corporation?
Yes, provided that the foreigner (you) shall own a maximum of 40%
and give away the other 60% to Filipino incorporators.
When I buy a beach, how much of the beach do I own?
The shoreline of the whole Philippines belongs to the government.
When you buy a piece of beachfront lot you have to obtain a “Foreshore Lease” from the government
which shall afford you possession and control of the beach from the High Tide – to the Low Tide mark
as lessee thereof. This law was promulgated to prevent squatters living on beaches
within the Philippines, and to protect the environment. No development is allowed
on any beach closer than 30 m to the high tide mark.
How can I be certain that these properties
are legitimate?
Prior to your arrival we can send certified copies of title
for any of the properties you inquire about. Upon your arrival we can arrange you to
have a meeting with our lawyer, and can also take you to an independent lawyer who
specializes in real estate laws of the Philippines. We are registered Real Estate Agents,
certified by the State, and can (if needed) supply contact details of happy
clients who will verify their satisfaction with our service.
In the event of my death, can the property be transferred to my husband or
children or both, who are all natural born American (or other) citizens?
Yes. Under Section 7, Article XII of the Philippine Constitution,
foreigners can inherit land."
Are there limitations on hereditary succession?
No. There are no limitations on hereditary succession both
with respect to citizenship and size of the property.
SEC. 7. "Save in cases of hereditary succession, no private lands
shall be transferred or conveyed except to individuals, corporations, or associations qualified to
acquire or hold lands of the public domain."
What are the terms of the sale?
Financing is available, but not common in the Philippines. The most
common form of payment is 30% deposit and then the balance when the title is changed over.
This payment must be paid in cash, at the time of the sale. Philippine Pesos or U.S.
dollars are accepted. Taxes and associated closing costs will amount to about 8.25%
of reported price of your property. |
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REAL ESTATE BROKER / AGENT" |
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If you Are Looking | Planning | Thinking to
BUY | INVEST | SELL | RENT | LEASE
on Cebu Real Estate Properties
in the Philippines? - INQUIRE NOW!!! |
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CEBU GRAND ESTATE.com
Cebu - Philippines
CALL/SMS Local :: 0917 382 6781
CALL/SMS Int'l :: +63 917 382 6781
CGE E-MAIL :: inquiry@cebugrandestate.com
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