Foreigners can own condominium units in the Philippines so long as the total number of foreign owned units in a particular condominium does not exceed 40%. For example, for a condominium with only 100 units, only 40 units should be owned by foreigners and the remaining 60 units should be owned by Filipino citizens.
Foreigners, however, are restricted from buying land in the Philippines.
Source: thevelarisresidences.com/how-to-buy-a-condo-unit-in-the-philippines-a-foreign-investment-guide/
Based on current market trends and historical data, high-end condominium units can be rented out at approximately PHP 1,000 to PHP 1,500 per square meter per month.
As for property appreciation, historical data for high-end units projects an annual appreciation of approximately 5% to 12%.
Source: thevelarisresidences.com/how-to-buy-a-condo-unit-in-the-philippines-a-foreign-investment-guide/
