Mansion for Sale in the Philippines: A Luxurious Property to Own
Mansions rarely ever appear on real estate classifieds as they represent the most luxurious and desirable of properties available in the market. As such, they are usually reserved for only the upper echelons of the population, like large-business owners and famous celebrities who have the means to make the purchase.
Most mansions for sale in the Philippines are mostly located in the posh and premium locations in Manila, Makati, Taguig, Quezon City, San Juan, Marikina, Muntinlupa and Paranaque, with some scattered in some of the choice communities outside the metro. These properties are usually traditionally designed ancestral homes dating back to the historical periods, from Spanish colonial to American era homes, and feature classic furnishings and antiques. There are also ultra-modern, sophisticated, and exquisitely designed buildings and structures by the best architects, built from the most luxurious materials and finishes that are certain to wow and impress.
These premium properties are priced in the range of 70 million pesos and can very well reach the 100 million to 500 million pesos range—and even more. It is well to note that Philippine laws stipulate that land may only be owned by Filipinos or Philippine corporations with at least 60% Filipino ownership. This is important information especially for foreigners looking to purchase a mansion for sale in the Philippines or any property locally.
Real estate websites have online listings of available luxury properties in the Philippines, which include detailed information as well as images for the appreciation of prospective buyers and investors. Most of these properties are often offered in auctions and private sales. Property finder sites and auction houses offer on hand information for most of these special homes and estates for those looking for the very best of abodes available in the country.
About the Author:
This article is written by Aakanksha Sangtani, working as an International Business Analyst at Housal Inc., an online platform for real estate, addresses unfulfilled needs by harnessing technology and bringing all-related solutions under one roof. For buyers, tenants, sellers, brokers, agencies or developers, it encompasses all their answers from property matching, listings, management, analytics and much more. Housal Inc. is the evolution of the real estate process – empowering the real estate industry for the future.