Factors to Consider When Buying Land in The Philippines

When looking for homes in Philippines, one needs to consider the following factors:

Terrain

The whole country features a myriad of unique terrains and the people have learned to adapt to these unique conditions in order to survive. As testimony, homes in philippines may range from huts and elevated cottages to brick mansions depending on the condition of the terrain where the homes are built on. Those that are situated near bodies of water, such as in the case of beach houses, are equipped with measures to withstand heavy and occasional typhoons, frequent tide changes and even tsunamis; while those that are built on sloping mountain sides are layered and feature pilot rooms adjoined by bridges and beautiful walkways to minimize risk of collapse and subsidence.

The country has several different terrains to offer so one has to carefully think about which terrain should his/her home stand on.

Accessibility

Since the country is still on its way to development in terms of economy and infrastructure, one needs to consider how accessible a particular location is. Those that are easily accessible and are located in fully-developed and highly urbanized areas usually cost significantly more than those that are less developed. The accessibility to familiar and essential establishments such as schools, churches, malls, and hospitals also become of a factor that dictates how much a piece of land costs.

This, however, seems less of a concern for most Filipinos because a lot of homes in philippines are built without accessibility as a consideration. Most of them, of course, are built by squatters or land grabbers.

Price

Price is always a consideration whether you want to build a home in the Philippines or in other countries. However, since the Philippines is considerably young especially in terms of economic development, its lands cost generally less than those in other countries.

Several factors are responsible for this. Some of these factors include the first two mentioned above. Since the Philippines offers a greater variety of terrain and, consequently varying degrees of accessibility, it has a greater range of prices to offer. The flatter and the more stable a terrain is, the higher its cost gets. Similarly, the more accessible the land becomes, the greater its price becomes.

Other factors include the name of the developer selling the land. The more popular realty companies have built their reputation on years of good and quality service so the more familiar (or popular) the realty company selling the land is, the more expensive the price tag of the land gets.

Another factor that may affect the price of the land is its exclusivity. The more exclusive the land is, the higher its cost gets. Apparently, in the Philippines, privacy comes with a hefty price tag. For more information visit to our site at http://www.atayala.com