Sign a Letter of Intent (LOI) and pay a reservation fee (usually ₱20,000 to ₱100,000).
If you are looking to own a house and land, there are a few legal "workarounds":
Foreigners can enter into long-term lease agreements for land, typically for 50 years , with a potential renewal for another 25 years. 2. Alternative Ownership Pathways
Verify the property title at the Registry of Deeds to ensure it is free of liens or encumbrances.
The Philippine Constitution strictly regulates property ownership based on citizenship:
Submit the CAR and DOAS to the Registry of Deeds to receive your new Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT) . 5. Critical Advice for Overseas Buyers