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Philippine real estate draws foreign buyers

Posted on 08 May 2013

The Philippines real estate market is not only attracting investments from Filipino expatriates but also from foreigners who are either buying retirement homes or expanding assets in the country.
The relatively cheap properties and the opportunity to make significant returns are a major draw for foreign buyers. Philippine laws allow foreign nationals to own condominiums or residential units in high-rise buildings. The property market in the country has been growing in recent years, largely due to high demand from Filipinos working abroad………………………………………..Full Article: Source


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