Philippines Real Estate | Market Spotlight

Price Upon Request | Forbes Town Center, Philippines | Philippines Sotheby’s International Realty

“Building on strong internal growth, driven by people with wealth that are investing in the country, the future in the Philippines’ real estate sector is bright,” says Philip Mareschal, chief executive officer, Philippine Sotheby’s International Realty. “The alliance with the Association of South East Asian Nations (ASEAN) region makes the country an attractive investment destination. Due to the nation’s strong economic growth from BPO (Business Process Outsourcing), off shoring industries, an increasing number of visitors and remittances from overseas Filipino workers and a young demographic, the Philippines is considered the prime option for residential, commercial and retail sectors. Our luxury residential market has been receiving more foreigner buyers as neighboring Asian countries implement cooling measures. Another trend we are seeing is Filipinos and foreigners are looking into countries for retirement. The climate, lifestyle, the people… easy living makes investing in real estate in Philippines more appealing as the value of their money goes a long away.”

Luxury Homes for Sale in the Philippines >