We live on Guimaras island in the Philippines and built our first house here. We have a lot of contacts, including construction crews, and are happy to help you get set up on this beautiful piece of paradise. Just send us a note and let’s chat!
Your Guide to Buying Property in Guimaras, Visayas, Philippines
Guimaras Island, located in the Visayas region of the Philippines, is a hidden gem known for its pristine beaches, lush landscapes, and laid-back charm. Famous for its world-class mangoes and tranquil lifestyle, Guimaras is becoming an increasingly popular destination for those looking to invest in real estate. If you’re considering buying property in Guimaras, this guide will help you navigate the process while highlighting the island’s unique appeal.
Why Buy Property in Guimaras?
Guimaras offers a perfect blend of natural beauty, strategic location, and affordability. Here are some compelling reasons why buying property in Guimaras could be the right decision:
1. Stunning Natural Beauty
Guimaras is often referred to as the “Mango Capital of the Philippines,” but its appeal goes far beyond agriculture. The island is home to pristine beaches, rolling hills, and lush green landscapes. Owning property here means waking up to breathtaking views and enjoying a serene lifestyle.
- Popular Spots: Alubihod Beach, Guisi Lighthouse, and SEAFDEC Marine Reserve.
2. Emerging Investment Potential
As Guimaras continues to develop its infrastructure and tourism sector, the value of real estate on the island is expected to rise. Buying property now allows you to invest early in an emerging market.
3. Accessibility
Guimaras is just a short boat ride from Iloilo City, a thriving urban center. This proximity makes it an ideal location for those who want to escape the city’s hustle while staying connected to modern conveniences. And rumor has it that they want to build a bridge to Iloilo City, and also eventually Negros island. Just the former alone should increase property prices dramatically, as city dwellers set their eyes on making Guimaras a suburban paradise, while the latter should make the island a major pass through point of the Visayas region (they plan to connect Cebu and Bohol as well). In which case if you want some peace you should think of buying something on the opposite end of the island, meaning the southwestern part.
Types of Properties Available in Guimaras
When looking to buy property in Guimaras, you’ll find a variety of options to suit your needs and preferences:
1. Beachfront Properties
Perfect for those dreaming of a home by the sea, beachfront properties in Guimaras are ideal for private residences, vacation homes, or even tourism-related businesses like resorts. But don’t expect it to be affordable for everyone!
2. Farmlands
Guimaras is known for its agricultural potential, particularly mango farming. Purchasing farmland offers opportunities for agribusiness or a sustainable lifestyle.
3. Residential Lots
For those planning to build a home, residential lots are available in various sizes and locations, from quiet rural areas to plots closer to Guimaras’ main towns.
4. Commercial Properties
As tourism grows, commercial properties for businesses like restaurants, hotels, and shops are becoming more sought after, particularly near popular tourist spots.
Steps to Buying Property in Guimaras
1. Research Locations
Explore different areas of Guimaras to find the right location that suits your lifestyle or investment goals. We can also help you with that, as we know several owners of larger property tracts. Popular areas include:
- Jordan: The island’s capital and the main entry point.
- Buenavista: Known for its scenic views and peaceful vibe.
- Nueva Valencia: Home to stunning beaches and resorts (where we live, 15 minutes drive from about 6 beautiful beaches).
2. Check Property Titles
Ensure that the property you are considering has a clean title and is free from disputes. Engage a licensed real estate broker or attorney to assist you with this step. Expat groups on Facebook are a good source to find trustful contacts and advice. Be careful though, locals are very warm and friendly, but they can also be sharks, as one might expect from any lawyer.
3. Understand Legal Restrictions
Foreigners can own property in the Philippines under certain conditions, such as purchasing through a corporation or marrying a Filipino citizen. Consult legal experts to understand these restrictions. But again, search through the conversations on Expat groups in the Philippines. This subject has been brought up and answered many times.
4. Hire a Licensed Broker
A licensed real estate broker familiar with Guimaras can guide you through the buying process, ensuring that you find the right property at a fair price. But having a Filipino wife can be very advantageous, from securing a better price, to navigating the legal system. It is not difficult to go to the local government office to confirm whether or not a title deed is legit. Please note, it often occurs that one inheritance member of a family sells the entire property of the parents, only to find out, after building your dream home, a whole bunch of other family members crawling out of the woodworks demanding an “equal” share of the spoils.
5. Secure Financing
If you need financial assistance, explore loan options from Philippine banks or consider seller-financing arrangements, which are sometimes available for land purchases. But we tried getting loans here and not easy at all.
Costs to Consider When Buying Property in Guimaras
- Property Price: Prices vary depending on location, size, and type of property.
- Transfer Tax: Typically 0.5% to 0.75% of the property’s sale price.
- Registration Fee: Approximately 0.25% of the property value.
- Attorney’s Fees: For legal assistance during the transaction.
- Broker’s Commission: Usually 5% to 10% of the sale price.
Living in Guimaras
Buying property in Guimaras is not just an investment; it’s an opportunity to enjoy a laid-back, island lifestyle. Here’s what life on the island offers:
1. Affordable Cost of Living
The cost of living in Guimaras is much lower than in larger cities, making it an attractive destination for retirees or anyone seeking a simpler lifestyle. But once they build the bridges, it will certain equalize.
2. Close-Knit Community
Guimaras has a warm and welcoming community. Living here allows you to immerse yourself in the local culture and build meaningful relationships. But that basically applies to every community in this beautiful country.
3. Eco-Tourism Opportunities
For those investing in tourism-related properties, Guimaras is a haven for eco-tourism, with activities like island-hopping, hiking, and wildlife watching.
Best Time to Buy Property in Guimaras
The best time to buy property in Guimaras is during the dry season (November to May), when the weather is favorable for site visits. Additionally, purchasing before the island’s tourism and infrastructure projects further develop may allow you to secure properties at lower prices. And of course before they build those bridges!
Conclusion
Buying property in Guimaras offers a unique opportunity to invest in a serene island paradise with growing potential. Whether you’re looking for a beachfront home, farmland, or a commercial lot for a business venture, Guimaras provides options for every type of buyer. With its breathtaking landscapes, affordable prices, and strategic location, now is the perfect time to explore the possibilities of owning property in this Visayan gem.
If you’re ready to take the next step in your property journey, start exploring the available options in Guimaras today. Your dream island home or investment could be just a boat ride away!
And if you don’t have the budget for such a lovely endeavour, perhaps you would be interested in a boat tour in the Palawan area, which is our primary source of income. Enjoy your day!
Experience the thrill of island hopping in the Philippines
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We are a family operation managing private custom boat tours in the beautiful Palawan area, and are happy to help travelers with their plans through the country, having traveled a lot of it ourselves and planning to visit it all.