philippines

The Philippines is the world’s second largest archipelago (after Indonesia) and is made up of a little over 7,000 islands. It is a democratic republic and has democratic relations with many other countries in the world - the Philippines is most definitely a player on the international scene.

Originally, the Philippines was colonized in the 1500’s by the Portuguese, followed by a Spanish arrival that stayed for some 300 years. The Filipinos are mostly Malay descent with a little of Chinese, Spanish and American. As a result, the Philippines is delightful mix, with its natural Asian influences in culture, food and tropical climate blended with strong Spanish influences in architecture and language. In the Philippines, the east really does meet the west.

Classed as a developing country, the Philippines is seriously growing economically and was the fastest South East Asian nation to recover from the 1997 crisis monitaire. The economy is booming having seen over 6% GDP year on year and this is continuing to climb. Direct commercial links with Taiwan, Hong Kong and mainland China have seen the local currency, the Filipino Peso soar in value. The Peso has recently been de-pegged from the $US dollar and is growing against the dollar at a staggering rate of 20% per year. The Philippines is rich in natural resources (such as timber, petroleum, gold and salt) and its currency and stock market is one of South East Asia’s top performers.

The capital, Manila, has fast become a central trading post for global companies needing an Asian hub and this new found affluence is nowhere more recognizable than in the central business district of Makati, with its modern high rise offices and condos, its sophisticated restaurants and range of 5 star super-hotels.

Coupled with being a booming Asian tiger economy, the Philippines is celebrated for its innumerable exotic islands, dazzling tropical beaches and crystal clear waters that present some of the best diving that the world has to offer. Boracay Island and the archipelago of islands known as Palawan are perhaps some of the most beautiful places on earth. Boracay’s beach has 3 times been voted the best beach in the world and is a very popular location for many expatriates choosing a tropical wedding and for honeymooning couples. The Palawan archipelago is also spectacular and even less developed- the diving and snorkeling around these islands is arguably second to none. The Palawan islands have been assigned by the Government for eco-tourism only, offering tax breaks for sustainable resorts that will protect the natural landscape and give back to the community.

It is little wonder then that tourism is on the rise. July 2007 saw an increase of 11.26% on tourist arrivals in July 06 and the Philippines are expected to welcome over 3.1 million tourists this year. The Philippines offers multiple tourism markets a world class alternative to Thailand and Bali. The beaches and waters are of equaling beauty and you will find exceptional value for money- you can fly to Boracay from Manila for £5.00! Tourist occupancy rates are highest in the 4- 5 star category with occupancy rates seeing a compelling 75% average over the last 3 years.

There are also multiple exit routes for investors selling property, with buyer groups being local Filipinos, expatriate Filipinos (who provide for 10% of thee countries GDP by sending funds to families at home), Chinese, regional expats, Koreans and the Taiwanese. There is also a large American market of expatriate Filipinos. One shining example of the multiple markets for property can be seen with the Triple Skyscraper development in Manila. Tower 1 sold out within 6 months, 60% of the apartments were sold to locals and 40% sold to regional investors - for those looking for a smart investment…you have an exit strategy.

Manila - Atrium Towers Investment - double digit returns and non-status finance from only £26,000! Prices to rise in April

Boracay Island - Aparthotel with guaranteed renturns, next to Golf course and one of the most picturesque beaches in the world. from £61,000...

Golf Club and rental Guarantees of 10 - 15% on Boracay Island - From £54,000

Boracay Island -Resort on Blue Water Resort, Guaranteed returns from £61,950.

Last few apartements in Cebu City Resort Project - Exceptional Returns and Capital Growth - CLICK HERE

COMING SOON - Palawan Pearl Resort investment opportunities...

Palawan Island - Detached Home, possible Commercial use $60,000. (£35,000) SOLD

Private Island off Palawan - only £20,000 - SOLD.

Other South East Asia markets  Thailand  Cambodia  Malaysia - Borneo & Indonesia (Bali)

Call 00 44 (0)208 390 8001

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