Posted 6 days ago
375 followers
366 views
3 likes
0 comments
1 shares
๐๏ธ ๐๐จ๐ฎโ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐ ๐๐จ๐ง๐๐จ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ. ๐๐ฎ๐ญ ๐๐จ ๐ฒ๐จ๐ฎ ๐๐๐ญ๐ฎ๐๐ฅ๐ฅ๐ฒ ๐จ๐ฐ๐ง ๐ข๐ญ? Letโs settle this once and for all. ๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐ = ๐
๐๐๐๐๐๐๐. Under ๐ฅ๐ฒ๐ฝ๐๐ฏ๐น๐ถ๐ฐ ๐๐ฐ๐ ๐ฐ๐ณ๐ฎ๐ฒ (๐ง๐ต๐ฒ ๐๐ผ๐ป๐ฑ๐ผ๐บ๐ถ๐ป๐ถ๐๐บ ๐๐ฐ๐), buying a condo gives you perpetual ownership of your unit โ backed by a Condominium Certificate of Title (CCT). ๐๐จ๐ฎ ๐จ๐ฐ๐ง: โ
The unit itself โ
A proportionate share in the Condominium Corporation โ lobby, amenities, common areas. Youโre a part-owner. โ๐ต๐ข๐ก ๐ผ โ๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ฆ ๐๐๐๐ ๐?โ ๐ง๐ต๐ฎ๐โ๐ ๐ณ๐ผ๐ฟ ๐น๐ฎ๐ป๐ฑ โ ๐ป๐ผ๐ ๐ฐ๐ผ๐ป๐ฑ๐ผ๐. Foreigners can own condo units freehold, as long as total foreign ownership in the building stays at 40% or below. (RA 4726) ๐ ๐ช๐ต๐ฎ๐โ๐ ๐ป๐ฒ๐ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฑ-๐ฎ๐ฌ๐ฎ๐ฒ: President Marcos Jr. signed RA 12252 on September 3, 2025 โ extending ๐น๐ฒ๐ฎ๐๐ฒ ๐๐ฒ๐ฟ๐บ๐ ๐ณ๐ผ๐ฟ ๐ณ๐ผ๐ฟ๐ฒ๐ถ๐ด๐ป ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ๐ ๐๐ผ ๐ต๐ต ๐๐ฒ๐ฎ๐ฟ๐. But remember: even 99 years is still leasehold, not ownership. ๐๐ผ๐ป๐ฑ๐ผ ๐๐ป๐ถ๐๐ ๐ฟ๐ฒ๐บ๐ฎ๐ถ๐ป ๐๐ต๐ฒ ๐ผ๐ป๐น๐ ๐ณ๐ฟ๐ฒ๐ฒ๐ต๐ผ๐น๐ฑ ๐ฝ๐ฎ๐๐ต ๐ณ๐ผ๐ฟ ๐ณ๐ผ๐ฟ๐ฒ๐ถ๐ด๐ป๐ฒ๐ฟ๐ ๐ถ๐ป ๐ฃ๐. Before you sign anything, check: ๐ CCT โ Condominium Certificate of Title ๐ Developerโs DHSUD License to Sell ๐ Master Deed & Declaration of Restrictions ๐ Foreign ownership cap status (40% rule) ๐ HOA fees โ monthly, non-negotiable ๐ถ๐๐๐๐ ๐ข๐๐๐ก๐ ๐๐๐๐๐๐ ๐กโ๐ ๐๐๐๐ฆ ๐๐๐๐โ๐๐๐ ๐๐๐กโ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐ป ๐ #MakatiBroker #LuxuryRealEstatePH #CondoOwnership #FreeholdPhilippines #RA4726