Golf Living Philippines

Frequently Asked Questions

Frequently Asked Questions

Requirements

What are the requirements if I want to purchase a property?

If I live abroad, can I still purchase a property?

Making an Appointment

How do I make an appointment to visit the available lots?

How can I make a reservation?

How can I go to an Open House?

How can I join a golf tournament?

Properties

What are the different types of lots?

What is a Condotel?

What is a Condovision?

Document Requirements

What is the Prospect’s Appointment Slip?

What is a Reservation Application?

What is the Contract to Sell?

What is the Deed of Restriction?

What is the Deed of Absolute Sale?

When do I get the title to my property?

Payment Options, Fees and Saving Tips

What are my payment options when I want to buy a property?

How much can I place for my down payment?

Are there association dues?

What is the move-in fee?

What is the construction bond?

Golf Shares

How can I purchase a golf share?

About Fil-Estate

What is the Fil-Estate Group of Marketing Companies?

Who is Cedar 102?

About the Website

When I click on the Location Maps, Site Plans or bedroom descriptions, nothing happens. Why?

How often is this site updated?

Requirements
What are the requirements if I want to purchase a property?
In order to buy property in the Philippines, you must:

  • either be a) a Filipino Citizen, b) a natural-born Filipino
    Citizen who lost his/her Filipino citizenship through naturalization
    in another country, c) a Filipino by dual-citizenship, or d) a
    foreign national married to a Filipino Citizen. For individuals
    classified under b, c or d, he/she may purchase a parcel of land
    not exceeding one thousand (1,000) square meters in area and for
    residential purpose only. A foreign national may purchase a house
    and lot provided the property is under the name of a company registered
    in the Philippines, but he/she can purchase a condominium unit
    under his/her name.
  • have the financial ability to make the payment for the property,
    whether in full or through financing.
  • be at least 18 years of age and able to do acts with legal effects.

Back to top

If I live abroad, can I still purchase a property?

Yes. Many of our clients are from abroad.

Back to top

Making an Appointment

How do I make an appointment to visit the available lots?

Contact us to make an appointment.

Back to top

How can I make a reservation?

Contact us to make a reservation.

Back to top

How can I go to an Open House?

Contact us to make an appointment.

Back to top

How can I join a golf tournament?

Contact us to make a reservation.

Back to top

Properties

What are the different types of lots?

Fairway lots – these are lots next to a fairway of a golf course.
These are usually more expensive than inner lots.

Corner lots – these are lots situated in a corner of a road. These
are usually more expensive than inner lots.

Inner lots – these are lots that are neither fairway, corner nor
lakeside lots.

Estate lots – these are lots that are considerably larger in area
than inner lots, but are less expensive in price per square meter.

Farm lots – these are lots mainly used for farming.

Residential lots – these are lots used for building houses.

Commercial lots – these are lots used for businesses establishments.

Lakeside lots – these are lots next to a lake. These are usually
more expensive than inner lots.

Premium lots – these are lots located in prime locations because
they have a good view.

Back to top

What is a Condotel?

A Condotel is a condominium that is managed and operated as a hotel. You
can own a unit and lease it back to the hotel. The hotel will manage and
maintain your unit as a regular room of the hotel. Depending on the agreement
with the hotel, you are entitled to stay in your unit for a specified
number of days each year, while for the rest of the year, your unit will
be used to accommodate hotel guests. This is a good arrangement if what
you are looking for is a vacation place and good investment at the same
time.

Back to top

What is a Condovision?

A Condovision is a condominium with subdivision amenities such as a swimming
pool, basketball court, meeting hall, ballroom, gym, mini park and playground.

Back to top

Document Requirements

What is the Prospect’s Appointment Slip (P.A.S.)?

The Prospect’s Appointment Slip (P.A.S.) is a form that a real estate agent
asks his/her prospective customer to fill. The agent then submits that
form to our office to formally let them know that the prospective customer
will be assigned to that agent exclusively for 30 days. Internally, this
helps us in determining what is due to each agent.

Back to top

What is a Reservation Application (R.A.)?

A Reservation Application (R.A.) is a form that you fill out to reserve
the property of your choice. This reservation is valid up to a specified
number of days depending on the agreement with the landowner, and should
be accompanied by a nonrefundable reservation fee. You must pay the down
payment or the full total contract price within the specified number of
days on the agreement, or the reservation will be canceled and the reservation
fee will not be refunded.

Back to top

What is the Contract to Sell (C.T.S.)?

The Contract to Sell is the agreement between you and the seller outlining
the terms of your purchase of a property from the seller. This is provided
to you after the seller receives from you either the full total contract
amount or the down payment for the property.

Back to top

What is the Deed of Restriction?

The Deed of Restriction is the agreement between you and the landowner
specifying what you can and cannot do with your property. As an example,
one restriction commonly specified in a Deed of Restriction is that you
cannot subdivide your property.

Back to top

What is the Deed of Absolute Sale?

The Deed of Absolute Sale is the agreement between you and the landowner
legitimizing your purchase of a property from the landowner.

Back to top

When do I get the title to my property?

Your title will be released to you after you pay the full total contract
price.

Back to top

Payment Options, Fees and Saving Tips

What are my payment options when I want to buy a property?

Different properties and owners offer different payment options. We provide
sample computations in each of our properties.

Back to top

How much can I place for my down payment?

The minimum down payment varies per subdivision but usually it is at 20%
of the full total contract price. Remember that, when financing for your
property, the larger the amount of your down payment, the smaller your
monthly payments. Plus, depending on the terms of the property, you may
get as much as a 7% discount on the down payment when paying the down
payment in full within a specified number of days.

Back to top

Are there association dues?

Yes. Association dues are used for the maintenance of your subdivision.
The amount varies per subdivision.

Back to top

What is the move-in fee?

A move-in fee is a one-time fee for miscellaneous expenses such as the
connection of the water meter and the transfer of the electrical bill
account to your name.

Back to top

What is the construction bond?

A construction bond is a type of insurance usually required from you by
your homeowner’s association for the new construction or improvement of
your house in case the contractors you hired incurs any damage to any
part of the subdivision. The amount varies per subdivision.

Back to top

Golf Shares

How can I purchase a golf share?

Contact us to make an appointment.

Back to top

Original copyright by Golf Living Philippines.

Sorry, the comment form is closed at this time.

Golf course properties for sale in the Philippines