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Experts advise first-time OFW buyers planning to purchase property in the Philippines

Filipino expats planning to purchase property for the first time can now easily find the deals that they want at prices they can afford at the Philippine Property and Investment Exhibition (PPIE) 2019 that hosts many of the country’s leading property developers.

At the free seminar during PPIE titled, “Kung Kaya Mo, Kaya Ko Rin”, the panel discussed how easy, quick, and convenient it is for OFWs and even foreigners to start buying their properties in the Philippines.

Be Bold and Daring. OFWs should think ahead and envision themselves as empowered individuals whose purchasing power would just increase as the years go by. “Whatever amount that you’re earning now, it will not be the same salary you will be receiving for the next five years, or 10 years – especially for professionals and those in a junior position right now. Your salary in the next five years would be double it is right now. The worst that can happen is in the future magsisisi ka five years later na sana bigger unit ang binili mo,” said Ayala Land International Sales Inc North America and the Middle East Regional Manager Manuel Arbues II.

Better Start Now. Greenfield Development Corporation Horizontal Division Sales Director Gilbert Villanueva advised PPIE attendees and OFWs in general to begin their investment plans as early as they can to maximize their time enjoying what they invested in the near future. “Better kung sa tingin mo ay kaya mo nang mag invest, better start now. Sooner magiging mahal na yung property na dapat ininvest mo. And get a pre-selling property – para at least mas mahaba yung time mo para sa preparation ng bigger amount na babayaran.”

The future starts today. Federal Land’s Senior Vice President and Head of Sales and Marketing John Frederick Cabato shared that OFWs should be firm and decisive as their decisions today would shape their future days ahead, especially when the time comes for them to head back home: “Simply put – if you put off the decision today, it gets more expensive tomorrow. You’re only postponing the inevitable, garantisado yan so be bold and be daring because you know in the future it will make a big difference.”

Now on its 7th edition, the Philippine Property and Investment Exhibition 2019 is the biggest, longest-running and most trusted Philippine property and investment event in the MENA region. Join the annual event that runs from April 26 to 27 at the JW Marriott Hotel at Deira in Dubai from 10:00 am to 9:00 pm.

Staff Report

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