This is not one of the options where people can go back to the Philippines for a low cost of living while still enjoying a comfortable life. This is a trap.
condos in the Philippines even at BGC are WAY too expensive. Developers are taking advantage of foreigners' frenzy buying and soon will catch on to overpriced condos. With low labor rates in the Philippines, most of the profits are going to the developers and with percentages to materials.
Signed up for preselling condo in BGC. 2BR for around 40 million. Around 730k us dollars. What do you think? Is it a good investment? The rep said they are running out of space and got nothing but on the up side.
Its totally correct 7m for a few sq m. ahahah thats too much. and the salary of the people in manila is 600 per month or 20k per month. so meaning all your salary will pay only your amortization for 25 years ahahah i
omg I thought it was $18k for the apartment LOL opps. Yes you're right WAY overpriced. How can filipina people buy these? I was literally looking at it and thinking naaa... too small for $18,000 :D
Mama Mia, these 1/1 condo units are waaay TOO EXPENSIVE even for $$ earners coming from the USA! Those condos in Tagaytay & Laguna sounded more affordable & who wants to deal with Manila & Makati's horrendous traffic gridlock anyways?! Kudos to you Mom Duty & your whole familia for spotlighting the "Condo Buying Process" for Fil-Ams/Balikbayans & foreigners planning on retirement or a 2nd real estate investment in the Philippines. Nevertheless, am not sure IF I'm going to retire someday in the Philippines or another Asian country or South/Central America where condos/single family homes are more affordable than the Philippines.
That's what I said 10 years ago, fast forward to today and it's at least 3x more expensive than back then. Can you imagine what it will be like in another 10 years?
True i have my friend encourage me to bring condo because its for investment she said and i said no because i think its not worth it and she told me that im not business minded .. lucky her that she have an old husband paying for everything for her..im not going to be her friend anymore and shes a business woman that continue to borrow me money and for a 5k pesos hirap mag bayad at kailangan pang singilin pra mag bayad. Nasaktan ako sa sinabi niya.and kakautang lang niya ng 61k sakin. Ayos din siya ano😅
its 11:25pm in Vegas rn and was just about to go to bed until i received a notification that momduty uploaded a new video, im like my sleep can wait lol 😊
My wife and I have a house that's between Laguna and Tagaytay. I'm sure that you went passed the subdivision where we have our house on your way to Nuvali from Tagaytay. You more than likely took Santa Rosa Tagaytay Road going from Tagaytay and Nuvali. That eruption on January 12, 2020 wasn't just a tiny eruption even though it came out of a tiny volcano. I was there for te eruption and yes it wasn't a Pinatubo eruption but it blew it's stack. I'm just glad that we're about 19km (12 miles) north of the main crater. I even have 2 videos of the eruption. There are lots of places near Tagaytay that are visited by many people especially being People's Park In The Sky.
Greetings from San Diego, California +1 subscriber - I found you through your friends "Live the Philippines". Thank you for this video as I plan on living the USA / Expat life centered around San Diego / The Philippines / Japan when I retire. From a safety and amenities perspective, the BGC Makati area ticks off all the boxes for me as a home base in the PI, so I look forward to more of your videos! Live your best life with the Kids. Some of my most life changing experiences came from my time from 3rd - 5th grade in the PI. Enjoy the ride with the kids as they will grow up fast!
I've been watching your vlog and it's so interesting and very informative, lots of changes have happened in my country and can't wait to be back for good to settle permanently I missed everything about PHILIPPINES especially the warm Tropical sunny weather and here its freezing cold minus 30 goodness what a boring Xmas.Tnx Mom n Duty for this vids and keep up the amazing contents.... I'm coming for you PHILIPPINES see you in 2027 🙏❤🇨🇦🇵🇭
Thank you so much for taking the time to watch our vlogs! Means so much to us. Where are you now that it’s so cold? So excited for 2027!!! The Philippines will be ready for you!🇵🇭
@@MomDuty Winnipeg,Manitoba its frigid cold infact Winnipeg is the coldest major city in north America its -35 deg.C ....cost of living here is skyrocketing heating bills is through the roof goodness and social issues is visible like homelessness,drugs.Canada is not used to be three decades ago.Tnx MomDuty for your amazing channel it's very informative, you shown us ideas especially in real estate investment I think we save enough to buy property in my country when we finally back.God blessed mom n family 🙏🇨🇦🇵🇭
ANG GALING! This Ocampo family can sell lots of units for Avida hahaha hands down, Great family effort! I enjoyed watching your property tour vlog and it's informative, educational but it's fun at the same time! Great job Mom Duty and Ocampo family ;)
It's 4 a.m. here in the Philippines, and I was still browsing my YT and stumbled on your vlog while I was checking Avida Southpoint Makati. I am considering purchasing a condo out there for investment, but before that, I agree with you. Nuvali was awesome; it feels like you are in the suburb. I went there with my agent last Saturday, and the house and lot they have were really nice. I am from San Diego, CA, and I am just here in the Philippines for some important things to do. It was too hot, but I love the Philippines; it’s our home, but someday we will be back and enjoy our retirement here. Thank you for this video. Now, I will I have to decide if I will invest in one or not. Have a wonderful day with your family. Salamat
I love watching you guys, mostly because of the vibe, positive energy, and just the overall cuteness of the kids involved and family being super tight, and the well formatted videos. But I feel like the elephant in the room is the ginormous prices of these properties. $250,000 for a 1 bedroom, albite a two story loft, is reaching the level of so many big US cities (Miami, Nashville, Dallas, Houston). It would be nice to show some super amazing properties (pool, views, brand new, huge) but Philippine-level budgets.
The location is bgc and it's pretty big for a one bedroom condo. The other condos shown here are cheaper. You can get cheaper condos in lower tier cities.
You need to look in other cities like Manila, Mandaluyong, San Juan, Pasig, Parañaque or Quezon City if you want cheaper condos within the Metro Manila area.
@@wavemaker2077 I don't consider Makati a high tier city. All I saw when I mistakenly booked a room at the Grand Hotel was 15 protsitutes per trip outside the hotel, asking me if I wanted a massage.
Because it's still the philippines and you still can't own property,All it takes is a law change and boom now you can't own condos' anymore as a foreigner.Feels like a gamble. @@friarnewborg9213
Thank you for all the info in buying a condo in the Philippines. After watching all your adventures I am also wanting to get a condo there as a vacation property. Very informative and entertaining video. Thanks Momduty, the twins and of course Bingbing.
WOW this episode is fantastic! So informative. I had no idea buying a condo in the Philippines was so easy. And you guys make everything so fun :) Just tell us which condo that was for sale is next-door to you.
Thanks, great video again. You surely saw that its interesting to a lot of viewers! It really would be nice to include those lower price categories too. Because some of us, without family, might only think of a small place, just enough to sleep and to (co)locate our stationary belongings while mostly travelling around :) Family is planned and coming up in some years ahead, but not for now ;) Because thats the other way around - once we grow out of the small one, we can rent it out or turn it into an AirBnB, and go for something bigger.
Great suggestion! We'll definitely keep in mind to feature more about lower price categories in our future vlogs. It sounds like an exciting journey ahead for you, best of luck my friend!☺️☺️☺️
Oh wow I've stayed in Tagaytay Serin. Me and my wife stayed in a one bedroom Air BnB in Serin. Loved the staff especially the reception they're very courteous and accomodating. Nuvali is pretty good but very pricey, love the area and outdoor activities. It's good for anyone who wants to jog and run.
Oh so glad to hear you are familiar with Tagaytay Serin! Doesn’t it have such a beautiful view of Taal volcano?! My goodness! I can’t get over it’s view! You’re right, the staff is incredibly nice! So happy to hear you had a wonderful experience.
Wow. It's nice knowing Mom Duty starting investing real state in the Philippines. Unfortunately, foreigners are generally restricted from owning land in the Philippines due to constitutional limitations aimed at protecting the country's natural resources and preventing excessive foreign influence. However, they can legally acquire condominiums or certain types of real estate through long-term leases.
Ok, the BGC condo is indeed roomy, did it have a WC upstairs? What do you think about the supply and demand of condos in the Philippines? What I do not see in these tours in general are special units like ones with their own pool or at least direct access to the pool, wrapped around a balcony would be great too.
Just stumbled on your guys’ UA-cam channel and started binge watching 😂 This video is very informative…I was born in the Philippines but moved to the US when I was 15….I now have a family with 4 kids…and they’ve only been to the Philippines a handful of times. I’ve been wanting to invest in a property in the Philippines we can go back to on vacations. But it’s so hard to decide on where to start, and what to consider. This vlog helps a lot. Thank you!
You can’t go wrong with BGC. We invested in a condo in BGC and so happy with our decision. Everything is within walking distance and no need for a car.
@@coreyh7323 and will be hitting around P 19m for a 1 bedroom unit once the Metro Manila Subway is completed by 2029! I remember Avida units in BGC starting at around P3.5M back in 2010 in BGC, then P7M at around 2016 and the present P12M at 2023. BGC is top tier.
@@coreyh7323 that’s true, we bought our unit over 5 years ago when prices were still reasonable. Now, the prices has doubled , crazy ! There’s too much demand for BGC
@@raintheinsane condos go for 80% of the value of a condo in the US, but the rents are 25-33% of the rents. That's why so many say it's best to just rent. Although, I have seen some insanely inflated pricing on condos lately, but I think that's from random "realtors" marking up prices.
Price wise the Ayala Lands condos are fairly cheap/affordable. However, something you need to take into consideration is the monthly dues. Not sure if it's the same in the US. It would be nice to know that as well as the parking. As some developers would charge parking separately.
Great question!!! Let me look into that. You can also ask our contact below who is listed in the description. She will have more knowledge about monthly dues and parking.
✳️ The condo dues at a Ayala condo is approximately 100 pesos per sq m. The parking is generally lower per sq m. The push to buy condos in the Philippines 🇵🇭 is a concern because it seems like a oversupply with only wealthy Filipinos and foreigners who can afford these condo options ✳️
oh the average monthly dues in the Philippines ranges only from 5K to 10K the most like $90+ to $190+ USD/month ...of course depends on the amenities they offer like the parking, gym, pool, security of course is always a number 1 priority in every development in the Philippines. And btw, most of the time the parking is always offered for a price already from the time you are being toured in the property either for sale or for rent :)
Congratulations my friend! Where did you buy? I hear ya. Baby steps for sure. We’re still furnishing our condo and had no idea the process would take so long😅
Can you tell us where your condo is? My daughter's condo is about to be turned over within a few months. Are you getting your unit decorated and furnished?
Wow this is a tuff topic for your country! Grate way to look at this topic, I am possibly on my way over to the Philippines as our airline tickets to Thailand or canceled due to mechanical. Very disappointing! I have been researching going to the Philippines in the past a buddy insisted on Thailand did that and now tickets are cheaper going to Philippines and I've never been there like the idea that we can possibly communicate better as English is more common we will see what happens maybe we'll be coming to the Philippines in a couple of weeks😊
It is unfortunate though that Tagaytay is being over-developed with construction of so many condos and malls. Not the beautiful and green Tagaytay that it used to be.
@@wavemaker2077PH should focus on the progress of the food quality, internet infrastructure, black smoke coming out of every vehicle, and non-existent sidewalks. Thailand is about 30 years ahead and has above and below ground trains. But Philippines has a nice Visa situation for us young folks so there's that at least
@@Re3iRtH The Philippines indeed needs to catch up with Thailand. There is a reason why Thailand has a bigger economy than the Philippines. The Philippine economy was badly managed in the past. Only in the last 20 years did the economy of the Philippines finally became stable. Just give it a few more years. The Philippines is slowly catching up to Thailand. Most of the big ASEAN countries are oil producing countries except for Singapore (which is a major oil refiner) and the Philippines. The Philippines just need to discover one oil well and the economy will zoom even higher.
Have you guys met the @Livin La Vida Tagalog family? They are also a family like you and Always Be Changing. You guys should get with them and expand your collaborations even more. That would make 3 families!
❤I plan to schedule my next trip to Philippines around this video. I ❤these I really these accommodations I thought if I moved to Philippines from Las Vegas I would be stepping down in lifestyle. Sham on me! Beautiful accommodations, beautiful country, beautiful people!!….especially the women haha❤
I can't do an Automatic money conversion !!! I am hoping and starting the process to come to the Philippines and will be renting !!! And done alot of research on all the different Visas !!! And their lengths and costs !!! And liked and Subscribed !!!
If you are buying a condo for your personal residence, how do feel about potentially living in a building full of Air BnB units? I would think that would be like living in a hotel.
I moved to Cebu. Only a few developments don't allow short term Airbnb (31 days or more rentals can be). I chose to move to one of them. You don't want be be like you're in a zoo every day.
I think it's better if house and lot with wide garden and garage..flood free, in exclusive subdivision with 24 hours security...then you can buy one bedroom condo for long term rental as investment
@@MomDuty your welcome, since you are vlogging, I advice that you too can apply for accreditation so you can sell real estate properties because if you have a sale..you would be able to pay your other investments , plus you have property investment as your business then you have vlogs..you will become rich 😂👏🏻👏🏻👏🏻👏🏻
One of the things I wish your channel covered in this video are any amenity fees. For example, are there any monthly fees for gym, water, etc Any idea what property taxes are? Are there any maintenance fees?
That 5M could build a decent house and lot near into the BGC🤔 and you can even have a car with it, Cavite and Laguna are the nearest provinces in BGC which is in southern Luzon.
@@MomDuty I think Cavite is better because you don't need to pay a toll fee everytime you want to go in metro Manila, and it's near in NAIA airport 🤔 My bad, there's option for the toll gate which is more traffic than the expressway 😊
manilla u are allowed to have Airbnb at most condos I bought a one bedroom condo at Spring Residence for airbnb for 3.7 million PHP or $66,780 US in Paranaque close to the airport And all the action within the city of manilla 200yards walking distance from the shopping mall… i spent a whole month looking for condos in the Philippines and the condos u listed were the expensive ones that i believe are overpriced compared to most condos out there, Ive met up with 7 agents and found majority of condos u can buy btw 2.9 million to 5 .9 million PHP… i will be buying more condos at various locations when we move to the Philippines
Great information. New subscriber here. Since you’ ve asked the sales reps on monthly rentals for the units, How about the cost of maintaining them: Association/maintenance fee, Property Management (if applicable) , utilities? Salamat.
I will be retiring and living full time in the Phil's and don't want to be roped into one location. I've rented my property before and it can be dicey if you end up with shitty renter's. Just not worth the headache. I've made my retirement money to take me to the end of life. But I guess if you are young and have plenty of disposable income it's an option. BUT housing is so expensive in California my 32 yr old son has a $8,032 USD monthly payment on his property so he's vested in property. The rest of his monthly retirement savings goes into the stock market for diversification.
As an American born Filipino, Hospital services of Manila appear to be the best of the archipelago. For home decorative art, I would prefer sculpture that is a copy of the gold Buddha statuette from Mindanao (currently on display in Il]linois USA). Liked.
@@MomDuty 🤗yes above Landers Tower 2. We should meet up for a run or something. Arriving on the 25th from Cali then go visit Batangas and be back on the 30th to BGC😘
Bgc rent is similar to Seattle, and the cost to buy is actually similar to San Francisco. I'm a software engineer from the US and it's outside of my budget
Great points. Condos and Ayala lots in new subdivisions are totally overinflated and a complete waste of money. Just get the REO listings from any Philippine Bank and purchase one of their condos. If the price is decent.
You might be right on that but slightly risky if something could happen to you for any reason your health or accidents as a buyer and or the builders God forbid you end up losing everything.
great job you do can I ask you to do a same on Cindos in Ceby I actually bye past Manika and go Cebu so for all thoes who are interested please di a few stories on Cebu mainly Condos or Houses cheers keep up the great work love it .
Hi Mom duty, one of the main complains with Ayala condo, is they do not allow short term lease. so no airbnb, most of the money is in short term lease. Just one thing to consider.
Well right now we are just SO happy to be settled. We’ve traveled the world for 4 years non-stop and have lived out of a suitcase. So living in a condo feels so right to us, especially in a city we have fallen in love with. But who knows. Maybe in 2 years when our lease is over, I’m going to want a house.
Cash buyer, what I do expect if we pay cash on the condominium regarding documentation, like title and legal documentation regarding ownership. Thank you for your intelligent answer 👁️👁️👁️👁️👁️
just rent for now. buying is too expensive, then you pay for the association dues, water, electricity, etc etc... prices are artificially marked up. It's unsustainable.
Hi! This is Alyza Olmilla, agent of momduty and family. Thank you for taking interest in our projects! Here are the price range for our properties in Tagaytay: Studio - 5.8M to 6.5M 1 Br - 7M to 9M 2 Br - 10M to 13M My contact details is in the description. Please feel free to share it to your cousin. :) Looking forward to talking to you! Have a great day! :)
In Vietnam and Japan, there are many placed where you can buy a 150sq m 4 bedrm 2 bath house for 30 to 50k usd In Vietnam or Thailand, you would need a local partner which is no problem for me. Japan it is hard for foreigners to get a mortgage but I can work around that also.
Absolutely would not spend the same price as I would pay in the USA. Defeats the purpose of buying in the Philippines.
This is not one of the options where people can go back to the Philippines for a low cost of living while still enjoying a comfortable life. This is a trap.
Agree.
Exactly
This is not in Provincial Philippines but in Metro Manila. Stay away from Metro Manila and consider Province such as Cebu, Dumaguete or Davao Cities
condos in the Philippines even at BGC are WAY too expensive. Developers are taking advantage of foreigners' frenzy buying and soon will catch on to overpriced condos. With low labor rates in the Philippines, most of the profits are going to the developers and with percentages to materials.
Don't worry the bubble will burst and people will lose money
All of these condos seem way too expensive. I would shop around.
You can find much better value for condos in Thailand.
That 1-bedroom was $161,000 that’s insane
Signed up for preselling condo in BGC. 2BR for around 40 million. Around 730k us dollars. What do you think? Is it a good investment? The rep said they are running out of space and got nothing but on the up side.
LoL if you have money go for it. If not than look around somewhere else lol
those prices are outrageous for the philippines.
Where would you think to found a better price
In Congo
Its totally correct 7m for a few sq m. ahahah thats too much. and the salary of the people in manila is 600 per month or 20k per month. so meaning all your salary will pay only your amortization for 25 years ahahah i
omg I thought it was $18k for the apartment LOL opps. Yes you're right WAY overpriced. How can filipina people buy these?
I was literally looking at it and thinking naaa... too small for $18,000 :D
Just say you're broke
Mama Mia, these 1/1 condo units are waaay TOO EXPENSIVE even for $$ earners coming from the USA! Those condos in Tagaytay & Laguna sounded more affordable & who wants to deal with Manila & Makati's horrendous traffic gridlock anyways?! Kudos to you Mom Duty & your whole familia for spotlighting the "Condo Buying Process" for Fil-Ams/Balikbayans & foreigners planning on retirement or a 2nd real estate investment in the Philippines. Nevertheless, am not sure IF I'm going to retire someday in the Philippines or another Asian country or South/Central America where condos/single family homes are more affordable than the Philippines.
That's what I said 10 years ago, fast forward to today and it's at least 3x more expensive than back then. Can you imagine what it will be like in another 10 years?
That's because the Chinese developers are grabbing the money and running. Way over price
True i have my friend encourage me to bring condo because its for investment she said and i said no because i think its not worth it and she told me that im not business minded .. lucky her that she have an old husband paying for everything for her..im not going to be her friend anymore and shes a business woman that continue to borrow me money and for a 5k pesos hirap mag bayad at kailangan pang singilin pra mag bayad. Nasaktan ako sa sinabi niya.and kakautang lang niya ng 61k sakin. Ayos din siya ano😅
its 11:25pm in Vegas rn and was just about to go to bed until i received a notification that momduty uploaded a new video, im like my sleep can wait lol 😊
Oh my gawd! You’re amazing!!!😭You are the reason w e love our subscribers🥹Thank you so much for taking the time. You’re not out partying in Vegas?🤭
Am in Vegas too and it's 11:41 in the evening and in bed doing a video marathon on Mom Duty ❤
My wife and I have a house that's between Laguna and Tagaytay. I'm sure that you went passed the subdivision where we have our house on your way to Nuvali from Tagaytay. You more than likely took Santa Rosa Tagaytay Road going from Tagaytay and Nuvali. That eruption on January 12, 2020 wasn't just a tiny eruption even though it came out of a tiny volcano. I was there for te eruption and yes it wasn't a Pinatubo eruption but it blew it's stack. I'm just glad that we're about 19km (12 miles) north of the main crater. I even have 2 videos of the eruption. There are lots of places near Tagaytay that are visited by many people especially being People's Park In The Sky.
First time seeing this UA-cam channel. Wonderful family. Cute kids ❤
You are so nice!!! Thank you🙏🥰
Good job Ocampo family! Special mention to the twins who are naturally at home in front of the camera.
Greetings from San Diego, California +1 subscriber - I found you through your friends "Live the Philippines".
Thank you for this video as I plan on living the USA / Expat life centered around San Diego / The Philippines / Japan when I retire. From a safety and amenities perspective, the BGC Makati area ticks off all the boxes for me as a home base in the PI, so I look forward to more of your videos!
Live your best life with the Kids. Some of my most life changing experiences came from my time from 3rd - 5th grade in the PI. Enjoy the ride with the kids as they will grow up fast!
I've been watching your vlog and it's so interesting and very informative, lots of changes have happened in my country and can't wait to be back for good to settle permanently I missed everything about PHILIPPINES especially the warm Tropical sunny weather and here its freezing cold minus 30 goodness what a boring Xmas.Tnx Mom n Duty for this vids and keep up the amazing contents.... I'm coming for you PHILIPPINES see you in 2027 🙏❤🇨🇦🇵🇭
Thank you so much for taking the time to watch our vlogs! Means so much to us. Where are you now that it’s so cold? So excited for 2027!!! The Philippines will be ready for you!🇵🇭
@@MomDuty Winnipeg,Manitoba its frigid cold infact Winnipeg is the coldest major city in north America its -35 deg.C ....cost of living here is skyrocketing heating bills is through the roof goodness and social issues is visible like homelessness,drugs.Canada is not used to be three decades ago.Tnx MomDuty for your amazing channel it's very informative, you shown us ideas especially in real estate investment I think we save enough to buy property in my country when we finally back.God blessed mom n family 🙏🇨🇦🇵🇭
So many changes na po and you will really love it. We love going home every year! Stay warm po💕
HAHA, boring Christmas. I feel you! lol
ANG GALING! This Ocampo family can sell lots of units for Avida hahaha hands down, Great family effort! I enjoyed watching your property tour vlog and it's informative, educational but it's fun at the same time! Great job Mom Duty and Ocampo family ;)
It's 4 a.m. here in the Philippines, and I was still browsing my YT and stumbled on your vlog while I was checking Avida Southpoint Makati. I am considering purchasing a condo out there for investment, but before that, I agree with you. Nuvali was awesome; it feels like you are in the suburb. I went there with my agent last Saturday, and the house and lot they have were really nice. I am from San Diego, CA, and I am just here in the Philippines for some important things to do. It was too hot, but I love the Philippines; it’s our home, but someday we will be back and enjoy our retirement here. Thank you for this video. Now, I will
I have to decide if I will invest in one or not.
Have a wonderful day with your family. Salamat
That would be the most stupid investment of all time. Don't you know the math? you pay something 200k to get 5000 annually, that's 40 years ROI
I love watching you guys, mostly because of the vibe, positive energy, and just the overall cuteness of the kids involved and family being super tight, and the well formatted videos. But I feel like the elephant in the room is the ginormous prices of these properties. $250,000 for a 1 bedroom, albite a two story loft, is reaching the level of so many big US cities (Miami, Nashville, Dallas, Houston). It would be nice to show some super amazing properties (pool, views, brand new, huge) but Philippine-level budgets.
The location is bgc and it's pretty big for a one bedroom condo. The other condos shown here are cheaper. You can get cheaper condos in lower tier cities.
You need to look in other cities like Manila, Mandaluyong, San Juan, Pasig, Parañaque or Quezon City if you want cheaper condos within the Metro Manila area.
Why should some units not reach US prices? Think about it
@@wavemaker2077 I don't consider Makati a high tier city. All I saw when I mistakenly booked a room at the Grand Hotel was 15 protsitutes per trip outside the hotel, asking me if I wanted a massage.
Because it's still the philippines and you still can't own property,All it takes is a law change and boom now you can't own condos' anymore as a foreigner.Feels like a gamble. @@friarnewborg9213
As a solo traveler that is looking at making BGC my home base…..I really appreciate that you guys took a look at some 1 bedrooms!
Oh awesome to hear! You are going to LOVE BGC! We try to share as much as we can about BGC because we absolutely love this community!
Love all your videos mom duty. I am planning to come to philippines next year. Much love❤from Ghana 🇬🇭
That’s wonderful to hear!! We will be waiting you my friend🫶Hope you will swing by BGC! 🇵🇭🇵🇭🇵🇭🇵🇭
Thank you for all the info in buying a condo in the Philippines. After watching all your adventures I am also wanting to get a condo there as a vacation property. Very informative and entertaining video. Thanks Momduty, the twins and of course Bingbing.
WOW this episode is fantastic! So informative. I had no idea buying a condo in the Philippines was so easy. And you guys make everything so fun :) Just tell us which condo that was for sale is next-door to you.
Lol!😂We’ll make sure to reserve two next to each other.lol. Thanks guys, for always being so supportive. Sending huge hugs!
@@MomDuty 🤗🤗🤗🤗
😘😘😘
Hello lockwoods
Thanks, great video again. You surely saw that its interesting to a lot of viewers!
It really would be nice to include those lower price categories too. Because some of us, without family, might only think of a small place, just enough to sleep and to (co)locate our stationary belongings while mostly travelling around :) Family is planned and coming up in some years ahead, but not for now ;) Because thats the other way around - once we grow out of the small one, we can rent it out or turn it into an AirBnB, and go for something bigger.
Great suggestion! We'll definitely keep in mind to feature more about lower price categories in our future vlogs. It sounds like an exciting journey ahead for you, best of luck my friend!☺️☺️☺️
Oh wow I've stayed in Tagaytay Serin. Me and my wife stayed in a one bedroom Air BnB in Serin. Loved the staff especially the reception they're very courteous and accomodating. Nuvali is pretty good but very pricey, love the area and outdoor activities. It's good for anyone who wants to jog and run.
Oh so glad to hear you are familiar with Tagaytay Serin! Doesn’t it have such a beautiful view of Taal volcano?! My goodness! I can’t get over it’s view! You’re right, the staff is incredibly nice! So happy to hear you had a wonderful experience.
How much was the cost? And for how long was your stay?
Wow. It's nice knowing Mom Duty starting investing real state in the Philippines. Unfortunately, foreigners are generally restricted from owning land in the Philippines due to constitutional limitations aimed at protecting the country's natural resources and preventing excessive foreign influence. However, they can legally acquire condominiums or certain types of real estate through long-term leases.
Do you have an investment course?
@@josephstephens9782what he said is common knowledge for anyone doing basic research
As a foreigner you are extremely limited in options bro
but I heard, nowadays many fake Filipinos are getting away with it, by getting fake Filipino passports. If you know you know.
Ok, the BGC condo is indeed roomy, did it have a WC upstairs? What do you think about the supply and demand of condos in the Philippines? What I do not see in these tours in general are special units like ones with their own pool or at least direct access to the pool, wrapped around a balcony would be great too.
You’re right. We didn’t get to see any special units with pools in them. I’ll have to ask about that and see where we can find them.
Yes, love your videos with resourceful info that we are taking notes from here in California. Just avoid going off the topic.
Just stumbled on your guys’ UA-cam channel and started binge watching 😂
This video is very informative…I was born in the Philippines but moved to the US when I was 15….I now have a family with 4 kids…and they’ve only been to the Philippines a handful of times. I’ve been wanting to invest in a property in the Philippines we can go back to on vacations. But it’s so hard to decide on where to start, and what to consider. This vlog helps a lot. Thank you!
You can’t go wrong with BGC. We invested in a condo in BGC and so happy with our decision. Everything is within walking distance and no need for a car.
There's nothing under 12 million PHP there.
@@coreyh7323 and will be hitting around P 19m for a 1 bedroom unit once the Metro Manila Subway is completed by 2029! I remember Avida units in BGC starting at around P3.5M back in 2010 in BGC, then P7M at around 2016 and the present P12M at 2023. BGC is top tier.
@@coreyh7323 that’s true, we bought our unit over 5 years ago when prices were still reasonable. Now, the prices has doubled , crazy ! There’s too much demand for BGC
How much are rents there?
@@raintheinsane condos go for 80% of the value of a condo in the US, but the rents are 25-33% of the rents. That's why so many say it's best to just rent.
Although, I have seen some insanely inflated pricing on condos lately, but I think that's from random "realtors" marking up prices.
Price wise the Ayala Lands condos are fairly cheap/affordable. However, something you need to take into consideration is the monthly dues. Not sure if it's the same in the US. It would be nice to know that as well as the parking. As some developers would charge parking separately.
Great question!!! Let me look into that. You can also ask our contact below who is listed in the description. She will have more knowledge about monthly dues and parking.
✳️ The condo dues at a Ayala condo is approximately 100 pesos per sq m. The parking is generally lower per sq m. The push to buy condos in the Philippines 🇵🇭 is a concern because it seems like a oversupply with only wealthy Filipinos and foreigners who can afford these condo options ✳️
oh the average monthly dues in the Philippines ranges only from 5K to 10K the most like $90+ to $190+ USD/month ...of course depends on the amenities they offer like the parking, gym, pool, security of course is always a number 1 priority in every development in the Philippines. And btw, most of the time the parking is always offered for a price already from the time you are being toured in the property either for sale or for rent :)
In USA we pay rent for land to the Hamptons, to get around the law
Also what is ongoing cost, electricity, maintenance etc
I wanna go back to the days when YT had max 10 minute videos. Time is scarce and no time for play. Essential to remember.
First commenter po ❤😇
Hello my friend! Thank you for being here!
Thanks for all the info. New condo owner here. Just turned over last Nov 2022. Doing furnishing little by little. baby steps 😅😅
Congratulations my friend! Where did you buy? I hear ya. Baby steps for sure. We’re still furnishing our condo and had no idea the process would take so long😅
Can you tell us where your condo is? My daughter's condo is about to be turned over within a few months. Are you getting your unit decorated and furnished?
This is great info. Thanks for sharing.
New subscriber here from N. Cal. Filipina married to an Italian . I enjoyed your video.
WOW all of them are awesome but I really like Nuvali the Best 👌🏽👌🏽👌🏽
Yes! We fell in love with Nuvali too. Especially Nia and Nelvine. Gosh it’s so beautiful and serene out there🙌 So family friendly too and very green!
Visit also Ayala Westgrove if you want to build a house instead of condos...
Ok, I’m looking it up. Are you investing there?
No. But have relatives there
It's almost near Nuvali...
Thank you for confirming that BGC condo pricing is way overvalued relative to practically all other condo options *worldwide*
We love BGC🙌
Kelvinator ? that use to be an American product or something similar I love all of those condos
Merry Christmas and a Happy New Year to the Ocampo Famiy!
Merry Christmas to you and your family!🎄❤️
Merry Christmas mom and to your family ❤❤❤
Merry Christmas to you too!!🎄
HELLO MOMDUTY MUCH BETTER YOU CHOOSE A NUVALI ITS A NICE PLACE AND VERY CLOSED IN MALLS,S&R ETC.ETC..MERRY CHRISTMAS!
Thank you for the input! We loved Nuvali, perfect for a family like us. Nice and peaceful. Do you live there? Merry Christmas 🎁🎄
nope but some of my friends are leaving in Nuvali
The Philippines is getting better.
Wow this is a tuff topic for your country! Grate way to look at this topic,
I am possibly on my way over to the Philippines as our airline tickets to Thailand or canceled due to mechanical.
Very disappointing!
I have been researching going to the Philippines in the past a buddy insisted on Thailand did that and now tickets are cheaper going to Philippines and I've never been there like the idea that we can possibly communicate better as English is more common we will see what happens maybe we'll be coming to the Philippines in a couple of weeks😊
It is unfortunate though that Tagaytay is being over-developed with construction of so many condos and malls. Not the beautiful and green Tagaytay that it used to be.
That is the price of progress. With progress comes the developments.
Sadly the over development will force people out of jobs once all sold
And prices down
@@wavemaker2077PH should focus on the progress of the food quality, internet infrastructure, black smoke coming out of every vehicle, and non-existent sidewalks. Thailand is about 30 years ahead and has above and below ground trains. But Philippines has a nice Visa situation for us young folks so there's that at least
@@Re3iRtH The Philippines indeed needs to catch up with Thailand. There is a reason why Thailand has a bigger economy than the Philippines. The Philippine economy was badly managed in the past. Only in the last 20 years did the economy of the Philippines finally became stable. Just give it a few more years. The Philippines is slowly catching up to Thailand.
Most of the big ASEAN countries are oil producing countries except for Singapore (which is a major oil refiner) and the Philippines. The Philippines just need to discover one oil well and the economy will zoom even higher.
Oh the Phils has oil....shhhhh. don't tell but it is far south. @wavemaker2077
Have you guys met the @Livin La Vida Tagalog family? They are also a family like you and Always Be Changing. You guys should get with them and expand your collaborations even more. That would make 3 families!
The Nuvalli, with 12M starting price vs income on 20k a month, you need 50 years to get the return investment?
That doesn’t sound right 🤔
Wow! I was there when it was just the Seda Hotel and the lake. It's come a long way! Nice 👌
❤I plan to schedule my next trip to Philippines around this video. I ❤these I really these accommodations I thought if I moved to Philippines from Las Vegas I would be stepping down in lifestyle. Sham on me! Beautiful accommodations, beautiful country, beautiful people!!….especially the women haha❤
Very informative for Tagaytay , relatives in the area . Thank you @momduty
Glad it was helpful! Ahhh…..Tagaytay is a breath of fresh air. Can’t wait to go back and spend some down time there🙌
yeah better buy your own condo with the monthly rent you are paying. Merry Christmas Momduty.
Exactly!lol. We’re on it! 🫡🤪Merry Christmas guys!🎄
I can't do an Automatic money conversion !!! I am hoping and starting the process to come to the Philippines and will be renting !!! And done alot of research on all the different Visas !!! And their lengths and costs !!! And liked and Subscribed !!!
Nice!!! I’m so excited for you to come!🇵🇭 Hope our condo renting vlogs have helped with some info👍
If you are buying a condo for your personal residence, how do feel about potentially living in a building full of Air BnB units? I would think that would be like living in a hotel.
I moved to Cebu. Only a few developments don't allow short term Airbnb (31 days or more rentals can be). I chose to move to one of them. You don't want be be like you're in a zoo every day.
I think it's better if house and lot with wide garden and garage..flood free, in exclusive subdivision with 24 hours security...then you can buy one bedroom condo for long term rental as investment
Yes! Thanks for the suggestion! Also, looking into the one-bedroom condo for long-term rental as an investment. Appreciate your advice!
@@MomDuty your welcome, since you are vlogging, I advice that you too can apply for accreditation so you can sell real estate properties because if you have a sale..you would be able to pay your other investments , plus you have property investment as your business then you have vlogs..you will become rich 😂👏🏻👏🏻👏🏻👏🏻
Amazing and Beautiful family !! Nuvali for quiet lifestyle but with the BGC condo style would have been sold for me . Thank you !
Appreciate the sweet comment my friend! I agree….love the peacefulness of Nuvali but I’m also obsessed with the liveliness of BGC.
What do you guys do for work?
Why the move to the Philippines from where?
Really educational! Kudos!
Thanks a million! So happy to hear this👍🙏
One of the things I wish your channel covered in this video are any amenity fees. For example, are there any monthly fees for gym, water, etc Any idea what property taxes are? Are there any maintenance fees?
Yes, Association Dues and monthly Water bills. Real Estate (property) Taxes need to be paid at City Hall of the city your condo unit is located.
You also have to consider the size. 1 bedroom in Avida is same size as Alveo’s studio unit. And Avida doesn’t allow pets. 😢
That 5M could build a decent house and lot near into the BGC🤔 and you can even have a car with it, Cavite and Laguna are the nearest provinces in BGC which is in southern Luzon.
Which do you prefer? Cavite or Laguna?
@@MomDuty
I think Cavite is better because you don't need to pay a toll fee everytime you want to go in metro Manila, and it's near in NAIA airport 🤔
My bad, there's option for the toll gate which is more traffic than the expressway 😊
Before you buy any property in Manila area you better review where the fault lines are in that area... you might be surprised.
manilla u are allowed to have Airbnb at most condos I bought a one bedroom condo at Spring Residence for airbnb for 3.7 million PHP or $66,780 US in Paranaque close to the airport And all the action within the city of manilla 200yards walking distance from the shopping mall… i spent a whole month looking for condos in the Philippines and the condos u listed were the expensive ones that i believe are overpriced compared to most condos out there, Ive met up with 7 agents and found majority of condos u can buy btw 2.9 million to 5 .9 million PHP… i will be buying more condos at various locations when we move to the Philippines
Great info! Thanks so much for sharing with us👌
Great information. New subscriber here. Since you’ ve asked the sales reps on monthly rentals for the units, How about the cost of maintaining them: Association/maintenance fee, Property Management (if applicable) , utilities? Salamat.
I will be retiring and living full time in the Phil's and don't want to be roped into one location. I've rented my property before and it can be dicey if you end up with shitty renter's. Just not worth the headache. I've made my retirement money to take me to the end of life. But I guess if you are young and have plenty of disposable income it's an option. BUT housing is so expensive in California my 32 yr old son has a $8,032 USD monthly payment on his property so he's vested in property. The rest of his monthly retirement savings goes into the stock market for diversification.
Great video. What a magnificent family..... God bless
As an American born Filipino, Hospital services of Manila appear to be the best of the archipelago. For home decorative art, I would prefer sculpture that is a copy of the gold Buddha statuette from Mindanao (currently on display in Il]linois USA). Liked.
Great decision❤ super thumbs up
Thank you Dan!!!!! Hope you’re doing well and enjoying tour stay my friend 🇵🇭
Wisely investing….happy condo hunting….and I wish you’ll find a great one that is a “home” for your wonderful fam! 🎉
I've just noticed that Momduty and Living Lavida Tagalog could be sisters, might be a great collaboration🤷😊
BGC it is @momduty 😊 we’ll run into each other then, im right across Uptown Parade. Seal the deal na!!! 🤩
Haha. You all know how obsessed we are with BGC🙈lol. Omg you live above Landers?!!😲 Ok when are we going to run into each other????😆
@@MomDuty 🤗yes above Landers Tower 2. We should meet up for a run or something. Arriving on the 25th from Cali then go visit Batangas and be back on the 30th to BGC😘
Love this one:-) very informative
Thank you so much!!!👌
Are you going to do any videos on Ayala Land Premier, preferably Parklinks North and South Tower?
Bgc rent is similar to Seattle, and the cost to buy is actually similar to San Francisco. I'm a software engineer from the US and it's outside of my budget
How’s San Fran?! I miss the fresh ocean air🙌
Full of homeless, and it smells like pee
@@MomDutylots of open air drug use🤣
Thanks for the information greetings from Burlington ontario Canada 🇨🇦
Great points. Condos and Ayala lots in new subdivisions are totally overinflated and a complete waste of money. Just get the REO listings from any Philippine Bank and purchase one of their condos. If the price is decent.
The last one is that from
avida also in Makati.
I suggest buy a pre owned condo than buying a new one. It’s cheaper when it’s preowned
You might be right on that but slightly risky if something could happen to you for any reason your health or accidents as a buyer and or the builders God forbid you end up losing everything.
Love you guys watching from California USA Mabuhay 👍👍👍❤️🎄🎄
I like the last one. For 15M BGC? That’s good price. And I was expecting it actually more than 25m. And with their zero interest , that’s great.
Yes! That zero interest is great! Can’t believe they have that here.
If you’re all for Tagaytay area, I think better have a look at Tagaytay Highlands. They have condos there too.
great job you do can I ask you to do a same on Cindos in Ceby I actually bye past Manika and go Cebu so for all thoes who are interested please di a few stories on Cebu mainly Condos or Houses cheers keep up the great work love it .
I love the shoulder bag you're carrying. What is the brand?? take care
Where is dishwashing.?
❤❤❤❤ love it 😍
Thanks a million Eliana!❣️☺️
Hi Mom duty, one of the main complains with Ayala condo, is they do not allow short term lease. so no airbnb, most of the money is in short term lease. Just one thing to consider.
Good to know that Ayala 😂properties are protected from wear and tear by inconsiderate renters. I'd prefer that.
Most lots for sale in and around Nuvali are going for 40 to 50 k per square meter
Wow. Good to know!
Im just curious are you not interested on having a house n lot Mommy Rocio?
my bad i didnt watch the vid first before commenting 😂
Well right now we are just SO happy to be settled. We’ve traveled the world for 4 years non-stop and have lived out of a suitcase. So living in a condo feels so right to us, especially in a city we have fallen in love with. But who knows. Maybe in 2 years when our lease is over, I’m going to want a house.
It’s all good my friend!!!💕💕💕💕💕💕
Why lease ? You say they are great investment .@@MomDuty
How they allow airbnb in BGC isn’t that part of Manila? Or am I wrong?
Many newer condos here in Metro-Manila don't allow Airbnbs, although, not to sure. I own a unit from Cityland and no, no Airbnbs.
@@Livinginthephils65 but the Makin It Happen vlog rent out their condo in BGC through AirBnb
Pinewoods Subdivision in Baguio is also a nice place but i'm not sure if lots are already sold out.
Great episode ♥️♥️♥️
You Need to Disclose HOA Monthly Fees for ALL of these Communities.
Good job stating Rental value for each along with Sales Price
Merry Christmas ocampo family #MomDuty
Merry Christmas ate!🎄❤️
Planing on moving to Philippines in January
I Love the Philippines and the style. Great people. Love from 🇨🇦 ID go there in a heart beat.
Pretty nice condo looks american standard and beautiful view.whoever purchase that condo they gotta insure it.monthly perhaps 2,500 dollars annually.
Team Nuvali let’s go! 😂
I keep going back and forth between BGC and Nuvali. Nuvali is just so peaceful! Beautiful suburbs!
Cash buyer, what I do expect if we pay cash on the condominium regarding documentation, like title and legal documentation regarding ownership. Thank you for your intelligent answer 👁️👁️👁️👁️👁️
You got it!👍
hello Ocampo fam.... hoping that you find the best hause for you guys....
Nice family. Not nice prices on Philippine condos. Thailand has better value- better construction, better amenities, better architecture, better electricity reliability, better wifi speed, cleaner community, better healthcare system for foreigners…
Will have to check out properties next time we visit Thailand. Thanks for sharing!👍
True!
You missed one great location - Rockwell, Makati. Really the best.
So funny! If your a bachelor your probably cooking ramen, as I’m cooking ramen while I watch this! 😂😂😂😊
Lol!🤣Ramen is the best🤤
@@MomDuty agreed! Bachelor go to food lol
just rent for now. buying is too expensive, then you pay for the association dues, water, electricity, etc etc... prices are artificially marked up. It's unsustainable.
How much is that Tagaytay condo my cousin from Italy is looking for one
Hi! This is Alyza Olmilla, agent of momduty and family.
Thank you for taking interest in our projects! Here are the price range for our properties in Tagaytay:
Studio - 5.8M to 6.5M
1 Br - 7M to 9M
2 Br - 10M to 13M
My contact details is in the description. Please feel free to share it to your cousin. :)
Looking forward to talking to you! Have a great day! :)
Thank you for the information Alyza👍
those costs for tagaytay not cheap at all what about management monthly fees and costs for the facilities etc like ROA in the states cost?
In Vietnam and Japan, there are many placed where you can buy a 150sq m 4 bedrm 2 bath house for 30 to 50k usd In Vietnam or Thailand, you would need a local partner which is no problem for me. Japan it is hard for foreigners to get a mortgage but I can work around that also.
Wow! Didn’t realize foreigners could purchase there.