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rebusel · 8 months

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"Your Gateway to Luxury Living: Exploring the Best Real Estate in the Philippines"

Introduction:

Those looking for more than simply a place to live will find a world of luxury in the bustling archipelago of the Philippines. Your guide to finding the best real estate deals in this idyllic tropical location is this site. Take a tour of the finest properties available in the Philippine real estate market, ranging from breathtaking seaside homes to towering cityscapes.

Whether you're seeking a stunning beachfront sanctuary, a sophisticated city pied-à-terre, or a mountain retreat amidst breathtaking vistas, the Philippines has something for you. Let's dive into some of the most coveted real estate destinations in this island nation:

1. Bonifacio Global City (BGC):

Central Manila's crown jewel, BGC is a dynamic metropolis pulsating with energy. Modern skyscrapers adorned with sleek glass exteriors house high-end residential units, designer boutiques, and Michelin-starred restaurants. Lush parks and tree-lined avenues provide a welcome respite from the urban buzz, while world-class art galleries and museums cater to the cultural aficionado.

2. Boracay Island:

Famed for its powdery white sand beaches and turquoise waters, Boracay is a haven for those seeking sun-kissed indulgence. Luxurious beachfront resorts line the coast, offering infinity pools, private villas, and impeccable service. Indulge in water sports like diving, snorkeling, and stand-up paddleboarding, or simply unwind on the pristine shores with a cocktail in hand.

3. Cebu City:

The Queen City of the South, Cebu, is a vibrant metropolis brimming with history, culture, and natural beauty. Upscale condominiums with breathtaking city and ocean views offer the perfect blend of urban convenience and island charm. Explore heritage sites like Magellan's Cross and Fort San Pedro, or dive into the vibrant culinary scene with fresh seafood and traditional delicacies.

4. Tagaytay Highlands:

Escape the bustling city life and find solace in the cool mountain air of Tagaytay Highlands. This exclusive enclave boasts expansive golf courses, horseback riding trails, and private lodges with breathtaking views of Taal Volcano. Luxurious amenities like infinity pools, gourmet restaurants, and a spa ensure a truly pampering experience.

5. Palawan:

Often dubbed the "Last Frontier," Palawan is an archipelago paradise teeming with pristine beaches, hidden lagoons, and untouched natural beauty. Luxurious eco-resorts blend seamlessly into the landscape, offering private beach access, guided nature walks, and opportunities to spot exotic wildlife.

Investing in Luxury Real Estate in the Philippines:

Beyond the undeniable allure of a luxurious lifestyle, the Philippines offers attractive investment opportunities. A booming economy, coupled with a relatively stable currency, makes real estate a sound investment choice. Additionally, government programs to attract foreign investment further incentivize ownership.

Finding Your Dream Property:

With such a diverse array of luxury real estate options, finding your perfect haven in the Philippines requires expert guidance. Partner with a reputable real estate agency with a deep understanding of the market and your specific needs. They can navigate the legalities, negotiate the best deals, and ensure a smooth and stress-free buying experience.

Embrace the Philippines' Luxury Lifestyle:

Owning a piece of paradise in the Philippines is more than just an investment; it's a gateway to a life of unparalleled luxury, breathtaking beauty, and endless possibilities. So, pack your bags, embrace the warm Filipino hospitality, and discover your own slice of paradise in this enchanting archipelago.

Conclusion:

As we come to an end of our tour through the best Philippine real estate, picture yourself residing in a land where opulence meets tropical serenity. The Philippines provides an unparalleled lifestyle in addition to a place to call home. Discover the finest real estate possibilities here to start living the luxurious lifestyle of your dreams and turn your ideal, affluent dream into reality.

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snugsodium · 1 year

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How Does the Increase of Luxury Tax Affect Upscale Real Estate?

The Philippines, known for its stunning landscapes and vibrant culture, has also emerged as a destination for upscale real estate investment. However, recent discussions about the potential increase in luxury taxes have raised questions about how such a move might impact the upscale real estate sector in the country. This article delves into the potential effects of an increased luxury tax on premium homes real estate in the Philippines.

According to PhilStar Global, The 43 percent taxes on "non-essentials" and expensive real estate that are being proposed in the House of Representatives will only be paid by 0.0001% of the country's population."The easiest way to tax wealth is through conspicuous or luxurious consumption and through taxation of immovable assets (i.e. land)," said Albay Representative Joey Salceda in House Bill 6993, which also seeks to tax "non-essential" items like designer handbags and jewelry. The chairman of the House Ways and Means Committee added, "Property taxes on immovable assets are tough to cheat. "A general increase in real property tax rates will be painful and ineffective."

In contrast, he noted in his explanatory note, "proper valuation of luxury real estate (such as those in gated subdivisions and golf courses) will help increase revenues and make the tax system more progressive." Salceda's proposal intends to raise the current 20 percent tax rate on "non-essential goods" to 25 percent by adding an additional 5%. These commodities include premium Louis Vuitton handbags, jewels, cologne & perfume, boats, and wristwatches. The value-added tax of 12 percent for sales of real estate properties and the 6 percent capital gains tax, when combined with Salceda's proposed 25 percent, would amount to a total tax of 43 percent.

"The luxury residential property tax will be in addition to the VAT and other sales taxes. All additional taxes will be in addition to the tax on non-essential items. For instance, the luxury automobile tax will be in addition to the auto excise tax, he wrote. According to a House spokesman, this bill will bring in P15.50 billion annually for the government. His list of opulent products was unveiled in January and includes private aircraft, luxury watches, automobiles costing more than P5 million, luxury homes costing more than P100 million each, beverages costing more than P20,000 per bottle, and leather goods costing more than P50,000 each.

Other products, including sales of shares in upscale membership clubs (Manila Polo Club, Tagaytay Highlands, etc.), jacuzzis, furs, all regatta gear, and antiques are also being considered, but the revenue potential may be restricted and enforcement costs may outweigh the revenue potential, according to Salceda in a previous press release.

In addition to enlarging the list, he continued, raising the non-essential products tax rate to 25% or 30% will bring in an additional P15.5 to P18.6 billion annually. Salceda has stated that he is sympathetic to Oxfam International's demands to impose a luxury tax on non-essential goods bought by the ultra-rich.

"Wealth promotes extravagant lives, often known as conspicuous consumption, according to economists. Since they (the exceedingly rich) won't mind paying taxes anyway, we can put them on those products, he had added.

He was making reference to Section 150 of the Tax Code, as modified, which now levies a 20% tax on the cost of jewels, perfumes, yachts, and other opulent goods valued by the super-rich. At this early stage, Salceda promised that his "committee will definitely pass a measure expanding that list (of luxury goods that will be taxed more), but we will discuss which items can generate the most revenue for the least effort."

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yoorekka · 5 years

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Everyone Has Their Eyes On These New Developments Within Tagaytay in 2019

If updating our calendars has any relevance to us, it’s because we welcome progress. A new year means a new paths moving forward—settling into new spaces, doing new things, and relishing every chance we get to improve.

Batulao Artscapes by Century Properties Group

Where: Tagaytay-Nasugbu Highway, Nasugbu, and Laurel, Batangas

Situated on the foothills of the magnificent Mount Batulao, Batulao Artscapes takes pride to be the “world’s first livable art park” and an “artventure community,” with properties created by Pritzker-Prize winning architects.

Twin Lakes’ Vineyard Residences by Global Estates Resorts Inc.

Where: Tagaytay-Nasugbu Highway, Nasugbu, Batangas

Enter the Vineyard Residences in Twin Lakes Village, a tourism-oriented development which placed their name into the scene just last 2016, but has been bagging development property awards since then.

Stanford Suites 3 and Fullerton Suites by Cathay Land

Where: South Forbes Golf City, Silang, Cavite

The completion of the upcoming Chiang Kai Shek College and the Cavite-Laguna Expressway along the properties also means that residents will not be far from their needs and wants. Both condominiums shall have it’s own function rooms, study lounges, pocket gardens and an Aquatrium, Cathay Land’s signature open-air swimming pool facilities.

Tagaytay Highland’s Vireya by SM Group of Company

Where: South Forbes Golf City, Silang, Cavite

Tagaytay Highlands has successfully made a name for itself as one of the top favorite destinations for weekend getaways with its motif residences and first-class facilities. This year, it ups the ante with Vireya, dubbed the first and only tropical residence resort in Tagaytay Highlands.

La Prairie Tagaytay by Sta. Lucia Realty and Development Inc

.Where: Tagaytay-Nasugbu Highway, Alfonso, Cavite

The 25-hectare country village, masterly designed by Sta. Lucia Realty and Development Inc., is located along Tagaytay-Nasugbu Highway in Cavite, giving it the proximity to key spots like supermarkets, shopping malls, dining spots, the Tagaytay Hospital and Medical Center, and the Caleruega Church.

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lloydcordero99 · 8 years

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Oh her smile. Her laughter. Her beauty makes me feel loved. She's as beautiful as the mother land. #philippines #lloydandandrea #lloydandandreatravels #philippines2017 #itsmorefuninthephilippines #onlyinthephilippines oh how I miss you Philippines (at Tagaytay Highland Country Club, Tagaytay, Philippines)

#onlyinthephilippines #lloydandandrea #lloydandandreatravels #philippines2017 #philippines #itsmorefuninthephilippines

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bradstravels · 8 years

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Closing Thoughts - Philippines: Pinnacle adjacent

Monday, January 16, 2017 Journal Entry:

I can’t believe three weeks already flew by…the Philippines came out swinging and put on quite the show the entire time I was fortunate enough to find myself in this beautiful country. The country tried hard to convince me it was the king of Southeast Asia. It came close to dethroning Thailand as my top pick, but it fell short for reasons I will list below. Regardless of its position in my ranking of SE Asian countries, I had an absolutely amazing time. I can’t think of a better send off for my tour of SE Asia.

Enough hype. Let’s jump into my takeaways:

My first stop was in Manila, but only because I flew into the airport there. A friend, Nina, was there to meet me at the airport and immediately whisk me away to a country club in the highlands of Tagaytay approximately one hour outside of Manila, and then we went to another country club in Punta Fuego. Even upon returning to Manila for a couple of days for the New Year’s Eve celebrations, I never really saw much of the city as Nina’s family lived outside of the central area.

Let’s be honest, I didn’t see much of the city because Nina’s father just happens to be a Filipino congressman. During my time with Nina and her family, I had a personal driver and bodyguards. This was quite the change for a man who has been backpacking for the past 11 months. No more walking through slums while with this family. Instead, we jumped around country clubs, partied at their family-owned hotel, and watched fireworks at their mansion.

What is the takeaway here (other than finding friends with incredible connections of course)? Filipino hospitality. No one in this family had ever met me before. They hadn’t even heard about me before. I hadn’t spoken to Nina in eight years! None of this seemed to matter. They welcomed me with open arms. Paid for everything while I was with them (food, accommodation, transportation, fun). It actually made me feel a little uncomfortable. They were so generous. I did nothing to earn such generosity. How could I ever repay them? Maybe one day I will figure that out, but for now I just hope everyone sees it as an example of how kind the Filipino people are.

After leaving the family, I did not stumble upon more locals insisting on paying for everything. But. BUT. I did find all of the locals I met to be just as kind. At least for me, these have been the kindest people I have met in SE Asia. Perhaps anywhere I have visited, and that is saying a lot. The Filipino people do not hassle travelers. One response is all they need. If I said no once to a single taxi driver, no others around him would ask me again. The driver who asked would wish me a good day. If I said where I was going but couldn’t use a taxi, they would tell me the best way to get there. Travel agents wouldn’t even try to sell me services when I asked questions. They were just excited to talk about their country. I would have to ask them if I could buy a service! This amazed me.

I should note that seemingly EVERYONE in the Philippines thinks that I look like a vampire from Twilight. I can’t even count how many locals told me this (side note: I’m shocked so many Filipinos have watched the Twilight series). Without asking other travelers of their encounters, I can’t know if my “famous” look got me special attention or not.

(Side side note: they always said it as though it were a compliment, but I’m not sold yet that being so pale everyone thinks I am a vampire is a plus.)

Boracay…listed just a couple years ago as having the best beach in the world…is most certainly worthy of the title it once held. The beaches on this small island are stunning to say the least. Beautiful white sand and clear blue waters await all those who make the journey. More than just beautiful beaches, this is a PARTY island. People wake up and start drinking immediately. Head to the beach, grab a drink. Go to dinner, grab a drink. Go back to their hotel or hostel, grab a drink.

Around 11:00 pm or midnight everyone heads to the bars and clubs and continue to drink the night away. Boracay’s party scene is reminiscent of what I found on Koh Phi Phi in Thailand. It is absolutely wild.

What could possibly dethrone Boracay as the best beach in the world? That would be Palawan. Well, technically Palawan was voted as the best island in the world. It has several beaches worthy of the title “best beach.” Most flights land in Puerto Princesa, but travelers need to head to El Nido to get the best beach experiences. If there isn’t a rush, I would encourage checking out the underground river outside Puerto Princesa before heading to El Nido. I’ve been in a few caves now that also house rivers, but this one has been the most impressive. The river is quite large, and the stalagmite / stalactite formations are better formed than many others I have seen.

El Nido is a five to six hour ride from Puerto Princesa. This is not the most comfortable ride, and some people do get motion sickness due to the fast pace and wild turns. What awaits is well worth any discomfort though. Several smaller islands surround El Nido, some are so close that they can be reached via kayak. There are daily tours to many of these islands; each one has something “unique” that the locals want you to see. Frankly, it doesn’t matter which set of islands one chooses to see as they are all gorgeous.

The only negatives about El Nido are its lack of sufficient accommodation during peak season and its almost non-existent Wi-Fi during most parts of the day. They are working on both of these issues though. It will just take time before they can catch up to the wild jump in tourism to this area. Also, let’s face it, not having Wi-Fi can be a great thing. It just needs to be known before arriving so travelers can plan accordingly. Not knowing this made booking my onward flight rather difficult.

After Palawan I headed to Donsol Bay in an attempt to swim with whale sharks. I chose this area over Oslob (or other areas in the Philippines) because they do not feed the sharks here. The experience is natural, so no sharks are harmed and their migration habits are not influenced. Sadly, I cannot report that I succeeded in swimming with the world’s largest fish. I reached Donsol just as a tropical depression was blowing over, so the water was too murky to spot anything from the boats.

This was a rather tough pill to swallow because the location is out of the way of everything else. There are only a handful of resorts to stay at, and Wi-Fi is lacking here as well. This means that I had absolutely nothing to do after my failed shark swimming tour was over (the beaches here are not like the beaches of Boracay or Palawan, there are no other activities close to the whale shark area, and the resorts do not have many other tourists to meet). I still think it is worth a visit since there is a VERY good chance of seeing the sharks here (top spot in the world actually), but potential visitors should make sure the weather is good before making the journey.

I had a couple other destinations on my list to visit after Donsol, but all of these destinations required me to stop in Cebu City on the island of Cebu first. Upon arriving in Cebu City, I discovered that it was time for the Sinulog festival. The festival is similar to Mardi Gras in the US. People from all over the Philippines come to Cebu City to partake in this festival. This changed my plans. I decided to stay in Cebu City to experience the festivities.

The city itself can be seen in one day, so it is usually just a temporary stop for travelers on their way to nearby areas. Sinulog is not a usual time though. The city transforms. Decorations are everywhere. Everyone is happy and excited. Music is blaring. Well…one song is blaring. Seriously, I listened to one song, and one song only, on repeat for three straight days. The festival itself is on Sunday. This day is filled with parades, dancing, carnivals, parties, and really any other festival type activity one can imagine. It’s a blast.

I can’t end this discussion of the Philippines without mentioning the food. Delightful. Surprisingly so. I had a couple encounters with Filipino food in Houston, but I was able to get a very different perspective here. I feared everything would be very unhealthy. Fried chicken, sweet spaghetti, halo halo, and pork drenched in sweet sauce were the foods that came to mind before arriving here.

Of course these foods exist here and are delicious; however, I also found loads of fresh fish and plentiful vegetables. The country also has more American influence than any other country in SE Asia, so there are many options for a taste of home if it is desired. There were times where I actually began to think I was in an American neighborhood…so many American chain restaurants.

The big negative that prevents the Philippines from surpassing Thailand as my number one destination in SE Asia? Transportation. Traveling between the islands is not easy. Many islands can be reached by ferry, but the ferry rides are usually VERY long. Flights are sometimes the only option, and many times they are the only “reasonable” option. Since I arrived during the peak season, my flights were very expensive. I paid more for flights here than I did in Europe.

More than anywhere else in the world other than America. And the flights were almost always delayed! The land travel is not much better as the roads are often quite poor and the vans stop frequently if any seats are available for more passengers. It is very difficult to plan anything in a timely manner as one never knows how long getting from one place to another will actually take. The infrastructure here is severely lacking. It is in need of a major overhaul. The government has realized this and already has several projects currently underway to remedy the issues. The Philippines will look drastically different in 5 – 10 years.

I am now sitting in the Singapore airport, waiting for a flight that will take me back to Bali for two days in route to Australia. My time in SE Asia is over, but I am grateful that my first and last stops in this area of the world turned out to be my two favorite. I started and ended this journey on wonderfully high notes. The Philippines has earned a special place in my heart, and I can say without a doubt that it is worth a visit for anyone making a stop in SE Asia.

Until next time...

Brad Livingston

Postscript: How do I know Filipinos are cool cats? While walking down the boardwalk in Puerto Princesa, a young boy rode by me on a bicycle. He was only five or six years old. He reached the end of the boardwalk, turned around, and headed straight for me. He slowly stuck his hand out. Never saying a word. Never making eye contact. When he reached me, I too stuck my hand out and gave him a high five. He never even slowed down. No need, our mutual respects were paid.

Smooth, kid. Smooth.