Off-Plan Property Buying Guide in the Philippines

Buying off-plan property in the Philippines can be an exciting venture for those looking to invest in real estate. However, it is crucial to understand the process and know what to expect before making any financial commitments. In this guide, we will walk you through everything you need to know about buying off-plan property in the Philippines.

What is Off-Plan Property?

Off-plan property refers to properties that are sold before they are built or completed. Buyers purchase these properties based on plans and specifications provided by the developer.

Benefits of Buying Off-Plan Property

  • Lower Initial Costs: Off-plan properties are typically sold at a lower price compared to completed properties.
  • Potential for Property Value Appreciation: As the property is being developed, there is potential for its value to increase before completion.
  • Customization Options: Buyers may have the opportunity to choose finishes and fixtures for their property.

What You Need to Know Before Buying Off-Plan Property

Before purchasing off-plan property in the Philippines, there are several factors to consider:

Research the Developer

It is essential to research the developer’s reputation and track record. Look for reviews and testimonials from previous buyers to gauge the developer’s credibility.

Understand the Terms and Conditions

Review the terms and conditions of the sale carefully, including payment schedules, completion dates, and penalties for delays.

Check the Location

Location plays a significant role in the value and desirability of the property. Consider factors such as nearby amenities, transportation options, and future developments in the area.

Get Legal Advice

Consult a real estate lawyer to review the contract and ensure that you understand your rights and obligations as a buyer.

Steps to Buying Off-Plan Property in the Philippines

  1. Find a reputable developer.
  2. Choose a property based on your budget and preferences.
  3. Review and sign the reservation agreement.
  4. Purchase the property by paying the initial deposit.
  5. Sign the sales contract and pay the necessary fees.
  6. Monitor the construction progress.
  7. Complete the final payment upon completion of the property.
  8. Transfer ownership of the property.


Buying off-plan property in the Philippines can be a lucrative investment opportunity, but it is essential to do thorough research and understand the process before making a purchase. By following the steps outlined in this guide and seeking professional advice, you can make an informed decision and maximize the benefits of off-plan property ownership.


Q: What is the difference between buying off-plan property and buying a completed property?

A: Buying off-plan property allows buyers to purchase a property before it is built, often at a lower price. Buying a completed property involves purchasing a ready-to-move-in home.

Q: Are there risks involved in buying off-plan property?

A: Yes, there are risks such as delays in construction, changes in property specifications, or developer insolvency. It is essential to research and mitigate these risks before making a purchase.


Thim Evangelista

Thim is a licensed electrical engineer, a writer, an entrepreneur, and a day-trader. He spends most of his on-screen time improving his skill sets, spreading awareness about climate change, infrastructure developments and renewable energy implementation in the Philippines.