Biggest MISTAKE?! Buying a CONDO in the PHILIPPINES - good or bad?
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- Опубликовано: 15 сен 2024
- Contact Details of our Condo Sales Agent: Ciryl Luciano: ciryl.megaworld@gmail.com
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RUclips Channel: / condotour
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Congratulations👏 on your buying your new condominium units, you can now enjoy the good life in the Philippines better.
Good life? I doubt that lol. It will be short lived. 😂
So happy to see the both of you in 1 blog. What a good example of the 2 of you for Filipinos like me abroad promoting to invest. Can’t be more proud of you two❤️❤️❤️
You guys are all in!! Enjoying the metropolitan life while able to VLOG province life at the same time...Best of both worlds!! Congrats!!
Thanks so much!!
They said when you get tired of each other,have a break and when you are alone, delete all the negativity and try to think of the happy times that made you decide to stick together in the first place.. Hope you both find that spark again...God bless you in your journeys..
Very informative video, Mike and Nelly. We will just remember Miss Cyril if we think of buying a condo in the Philippines. Thank you for this video guys!
Watching you guys T😎Listen and Learned to the👍real Talk Show👨❤️💋👨 Making it Happens w/the special guest...Miss Ciryl🏘Nice Topic🇵🇭
Im just waiting for us to go for our holiday next year & i will be in contact with Cyril 😁cant
Wait😃thanks for the info. Stay blessed from ireland.
First time ive seen cyril without a face mask and i can say she's cute and charming ❤️
Did you see the diamond ring on her left hand?
Very insightful info Mike and Nelly 👍🆒 Stay safe and healthy out there
Thank you ;)
@@MakingithappenVlog you're welcome 👍😎
I watched almost all of your videos from the time you came here to the Philippines until you were stranded in Siargao Island due to the covid-19 pandemic. It was a blessing in disguise to you because more Filipinos enjoyed your blogs thus, your subscribers have increased, compared to other countries in Asia, English is our second official language. Filipinos are more hospitable and friendly, almost all the goods you need are cheap, there are many beautiful sights and places to enjoy. In view thereof, you decided to become a permanent residents and bought 2 condominiums for both of you live. Congratulations! I hope you have a better and happier stay in our country. Let your new coffee shop business be successful too! God bless to both of you..
thank you so much for the support 🥰
My experience with Megaworld is very bad. Years of delay, ineffective handover process, very rude back office support other then CS, very confusing communications and very often ignoring client's inquiry. The worst I ever experienced in buying properties.
Wise is great. I signed up for it and used it to pay a lawyer in Thailand for a consult on possibly moving there. I also got the Wise card. Saved a lot compared to Xoom (Paypal service), which is cheaper than my bank, which was crazy expensive. It worked great. So I second that advice and I'm not an affiliate either 🙂 Thanks for this video. These are the details I've been looking for. And really appreciate that you referred your realtor and mentioned which bank you use - details other vloggers don't seem to want to share, which we need.
Not being general. We went to 8 different condo complexes in Cebu City, in all areas. All were overpriced shoeboxes, especially the $500k one.
nice very informative, looking forward for the next vid for tips on moving in since my unit will be turn over soon 😁
Condos in cebu are a big ripoff. Overpriced, poorly thought out shoeboxes. You can buy a larger house in the suburbs with 3x times the space of a one bedroom condo at 1/3 the cost of a condo. You can take a taxi into cebu city every day and the monthly fare is well below the cost of a monthly car payment. Buyer beware. Getting a house is a much better option.
Cebu? it still depends on the developer. Dont generalize 🤨
Your realtor has a very cute smile!!
Ciryl is so cute😍😍..i love when she laugh🥰🥰..is she single ??😁😁😁😁 but seriously she's really cute 😊😊
thanks for the info mike and nelly. we will share with my family they might like to get one. congrats on your new condo ingat. kayo always. 👍✌😻🙏🙏🙏
Thanks everyone that’s very helpful
Very informative content, thanks Mike and Nelly for this and also to Ms Ciryl. I’m currently looking at buying a condo in BGC or ideally Pampanga to be near my family. God bless you all 🙏🏼
If only I have Cyril back then, when I purchased my condo. But alas all went down hill on my purchase. 😞 Oh well! It's all done and dealt with... Just glad it's over. 😁
Im so glad that i saw your video. I retire in 8yrs and im paying a reservation fee for casa mira in negros occidental. Definitely will research more of your videos
Really cool, thanks for sharing this journey and info!
Glad you enjoyed it!
Just came from Philippines a few days ago. I don't know if was just me, but it's like I saw Mike walking the streets of BGC 😆. After watching this video, I'm seriously considering buying a condo in the philippines. I know the inconvenience of not having a place to stay in Manila. Hotels can be costly. This video is very insightful. I'm looking into getting a condo in the BGC area as well since I like how the shops and restos are just walkable. Also BGC has a youthful vibe.
I bought a staycation / airbnb new condo with SMDC they take payments straight from my US credit card … just signed the contract waiting for my move in day which is a month and a half
We bought a condo in Davao city,Worst mistake of our lives! We chose the 3rd floor in a 6 floor building we could hear running,walking,things dropping on the floor and doors slamming above us.Our mistake was we thought we could live in a condo here but all they are used for here our noisy renters! Nightmare.We sold it and will never buy a condo again
Thanks for sharing your video, Mike&Nelly. 🤙☮️♥️🏝😊
Cyril is soo beautiful
Godbless you Guys, God always be there in you both and loves you
💪🇵🇭
Great info. Thank you.
I have heard in the past that foreigners cannot buy property in the Philippines. Has that changed? As foreigners, how are you able to buy property in the Philippines? Does your visa allow that? Thank you for information about this!
Foreigners can buy condos
Owning a condo in the Philippines makes you a stockholder of the condo corporation. Foreigners can own stocks in corporation thus they can buy condos.
@@ClarrybellaBoobies Yes
You have a lovely condo! My Pinay wife is contemplating buying a condo in the BGC area and perhaps renting the unit until such time we need it upon retirement. Thanks for the detailed info.
Good for you guys,,,will keep you in our prayers..xx
This is very educational especially for people who wants to have a condo in the future thanks Capt Mike and Ms Nelly 👏
Ciryl is a cutie 😍
Good information Mike & Nelly. Thank you. 👍🏼❤️
So Lucy and her husband and baby will be renting the other condo Unit 🤗👍
wow i learned so much from this! thank you guys for sharing this.
Glad you enjoyed it!
love u Both, My Favorite! Keep the love Alive.
As long as the location is developing and economically getting bigger. It is a good location to invest and buy property. That's just BGC is right now. From just a barren grassland to now a global city. Its not yet at its peak. Still has a lot of potential. So it really is about the location when it comes to investments.
I am so excited to start with the reservation fee on the 30th floor
Awesome video, love it. Got a question, does buying a condo with megaworld include a title or buying rights only ?
Think they get a title foreigner can have there own. I think in condo broker the 40% Foreigner can buy it they got vlog it in their previous vlog
buying a condo is allow to foreigndr as your own property only a room or block but not the lot and the whole condo.
Now they are trying to sell the condo and until now no one is buying the property. Selling property in the Philippines are so hard, because Manila is so saturated of condominiums.
I think it's a good thing that you bought another condo as investment. Anyway, I don't know if you heard about Lucy's (the Juicy Vlog) family are planning on going back in Phils
good decision to buy properties...
Appreciate this video. Yesterday whilst in therapy, I was trying to get my physio therapist interested in buying a condo in the Philippines.
Good luck 👍
Nice insight on how foreigners can go about this process. 😊😍🥰
Thank you! 😃
Congrats!🎉 Now enjoy high utility costs, high food prices, association dues and inconvenience ph has to offer.
..hi Mike and Nelly, keep safe always God bless.
Thanks, you too!
Your title confuse me & make Philippines bad reflection about buying condo.
Megaworld is not the best developer. Substandard materials were used for their condos, even before turn over the tiles are already chipping off and your electricity and water is overcharged compared to neighboring condos.
Cyril is Pretty!
This is so helpful! I am considering moving to the Philippines. I am Filipino American and your tips and insights are so helpful. Thank you!!!!
U should have went with smdc
Wait…… foreigners (none citizens) are allowed to purchase properties in the Philippines?
Nelly kept saying "us foreigners" didn't your permanent residencies already in place? You guys are legal resident of the country. Facts are you guys know more of the happenings in the Philippines, why you are making it happen.
I guess because this videos is for foreigners who wants to buy condos.
Hi Mike and Nelly, I'm just curious as to why the default color of the walls in your condo are not in white but it's more like off-white color which u don't like :)
it's just standard here :(
the Condo is Beautifull, and ur Broker is cute..!!! i more prepared on ur broker than the condo.. 😂😂😂✌️✌️✌️
Hi ❤️❤️
Hello 😊
Congratulations on your 2 condo purchased.
investment is good but it always have pros and cons.but as long that you'r confident and happy,everything will be fine and rewarding.
BTW Nelly your hair is getting fuller-your hair treatment is working :)))
miss cyril is so gougeous.this video is informative thou.
Ciryl was only allowed to speak for 2 minutes in the entire video. Mike & Nelly should stop their laughter sound track and allow her to speak.
Correct me if I’m wrong I thought if you are a foreigner you can’t own a property in the Philippines
There is a 40/60 rule for condos. Foreigners can own up up 40% of a condo building or development.
I want to know how much worth the conduminuim..🇵🇭🙏
I think you should make a collab with Kevin Tan
ceo of Megaworld He is also a youtuber!
How much the association. 🇵🇭🙏
Wow it was investment if you have a lot of condo your friend can rent the condo only to your friend or other maybe if you are open minded.
😁🥰🥰
This couple is smart as they will leverage their nearly 600,000 subscribers and high viewership to showcase their AirBnB. Word of mouth from their subscribers will attract more potential guests. I estimate they'll charge at least $3K pesos per night and won't have problems booking their unit fully throughout the year at a net return of 8.5%. In 12 years they'll get their full return on investment.
Hi Mark and Nelly - may I know if you provided Megaworld with a TIN number during form signing? Is it also required for foreigners?
Not bad but nothing beats investing in Land.
Buy condo for investment. Congrats 🇵🇭❤️👍
💪🇵🇭
Mistake
Yea
thanks!
Just searched online that Vienna has captured the top spot in the Global Liveability Index as the most liveable city in the world 2022, an annual report from The Economist Intelligence Unit (EIU) published on Thursday (June 27, 2022)
everything is relative :D
Calgary is the third most liveable place on Earth based on those rankings but you couldn't pay me to live and work there
❤❤❤❤
:)
U cant go wrong with real estate. Just be informed with the right people or government websites.
2 months? Too long.
nice!
😃
:)
Good asset
why is the title like that so negative but video may be ok
❤
👍👍👍
0:17 Oh it somehow did. ;3;
I’m so late
So bad
💚💚💚💚💚💚💚💚💚💚💚
And here’s the things that I observed you both, (in my opinion, ) you’re trying looking for a condo specially in Makati side and in BGC (where people are interested which is good 👍🏻 ) and I’m not really sure if you really bought a condo?! Hmmm and First and foremost we didn’t know what was is really true or real or agreement you have between the seller and you guys, ‘Couse the only thing that you showed us is you got the condo key 🔑 ( but we didn’t see the papers works) any client can or buyers can show us a key. That we really don’t know if it is really the of the condo ?! Or whatever And without showing us if you really buy it?! Or you just wanted to be part of a real state through your RUclips channel and the people who are watching your vlog. You guys are soooo awesome 👏
Just watch this channel and keep your mouth shut and don't say a word that it doesn't follow .. You're not a close personal to them.. You're just a viewer or follower only.. Whatever..
Honesty is the best policy. If they said they bought it and I believe it. These are credible people. I have a property in California and the value doubled in 6 years and there’s no way in hell that I will publish the deeds and papers in social media. First of all its none of your business. This video is just showing you how to purchase a condominium legally with the help of a realtor.
The best for all of you foreigner, who aren’t sure if you live in a very long year in Philippines 🇵🇭! Don’t buy it any property. To avoid any regrets and it will not be a nice and it’s isn’t be a good reputation for our own country and the people! Renting is a good idea specially you guys who loves to travel around the world.it’s really hard for you to buy a property in a country who aren’t used to stay in one place! hmmm 😭😭😭😭
Renting is ok for short term people > less than 3,6,12 months 🤪 after many years in the Philippines 🇵🇭 these guys have invested in condos long term 🙀 how many super wealthy people do you know who rent long term ? 🤔
Yeah buddy i respect your opinion but in terms of mike and nelly they have a permanent residency.. long term rental or short term rental.. Whatever.. Own a condo or not.. Not staying or comeback in the 🇵🇭.. no regrets nothing to lose and it doesn't follow.. Important thing is they have acquired permanent residency in the
🇵🇭.. Period..