Filipinos Encouraged to Invest in Property
The first Philippine Property Show will be held on Sept 26-27 at the Crowne Plaza Hotel on Shaikh Zayed Road in Dubai. Filipinos in the United Arab Emirates were encouraged to invest in Philippine properties built by reliable developers at prime locations in Metro Manila and the countryside. Some of the developers in the event are Avida, Alveo and Ayala Premier of Ayala Land, SM Development and Hamilo Coast of SM Group, Megaworld of Alliance Global and Aboitizland of Aboitiz Group. Ayala Land is the Philippines’ leading real-estate firm. The Aboitiz Group also owns a shipping firm in Central Philippines.
Foreigners are allowed to buy and own residential condominiums in the Philippines covered by a Condominium Certificate of Title registered with the Registry of Deeds.
According to Philippine Tourism Secretary Joseph Durano, "Now is definitely the best time to buy a residential condominium or a house and lot in the country while prices are still relatively lower compared to other Asian countries."



















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