OFW Guide: Buying Property in the Philippines

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  • Tips in Scouting Properties while Abroad
    in Property Guide for OFWs
    Posted Oct 15, 2021

    Are you an OFW hesitant to purchase a real estate property because you’re far away? Well, you’re not alone. It’s a common misconception by most OFW’s who want to be thoroughly hands-on in the whole process of home buying. Sadly, delaying means you’re losing the opportunity of time and the potential passive profit when it appreciates in value.

    If you’re ready to start the home buying journey while still abroad, know that it can be done with the right tools and practical strategies. Here are some:

    Scout a property by location

    As a remote homebuyer, it’s hard to visualize what it’s like to buy a property without driving around the location you’re eyeing. But if you’re already dead-set with your choice of location, you can start from there. By checking listings online and filtering results by location, you can easily come up with a shortlist of projects in the area. Online listing portals such as OnePropertee can enable you to filter results by location or type of property.

    Your choice of developer

    Another way of tracking down a potential home investment is by following your top choices of developers. If you’re the type who values credibility more than anything else, then this is the ideal route for you. Established developers with projects across the nation usually build in central locations. Make sure to stay updated on their developments or projects in the area and explore if they fit your needs. OnePropertee verifies developers that go into their website so buyers are assured to be dealing with certified developers and projects.

    Hire a broker to do the search for you

    If you want a more strategic and professional way of scouting for a property, then hiring a professional broker is your best bet. Ask your broker to present to you a list of properties following your requirements such as location, property type, or price range. Work with your broker closely and communicate your needs accurately so you can save both of your time.

    Take virtual tours

    With the emergence of technology, you will surely not run out of ways to view properties virtually.  Take advantage of virtual tours, walkthroughs, and promotional videos featuring the project you’re eyeing. A quick search on platforms such as Youtube may even direct you to other video content featuring the property.

    Read feedbacks and resident experience

    There’s nothing more encouraging than raw, honest, and truthful feedback from actual buyers or residents. To get a glimpse of the kind of life in the neighbourhood, you can search and randomly peek at residents pinning their social media posts in your desired location. You can also check social media forums, pages, and property reviews to help you see the property with fresh eyes.

    Are you ready to embark on an online home buying journey? We have several awesome listings that will surely make you drool. Go to onepropertee.com to check for yourself. Happy home hunting!

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