Here’s a list of things you should consider before buying your first condo unit. For most condominium unit buyers, price is definitely a major issue, but trust us when we say it should NOT be the only issue!
Taxes and Fees when Buying Property in the Philippines
When buying and selling real estate properties in the Philippines, the final purchase price is not and should not only be the relevant amount.
Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect the total transaction price.
Binay-Gate: Mayor Junjun Binay's Dasmarinas Village Scandal
Local mainstream news and social media are currently abuzz about a recorded video showing Makati Mayor Junjun Binay and his “incident” with security guards of the posh Dasmarinas Village Banyan gate weeks ago.
In that video, originally reported and uploaded by the Philippine Daily Inquirer, the mayor’s convoy appears to force its way through the closed gate despite resistance from the guards who are implementing the village’s policy of not allowing vehicles to pass through it after 10 p.m. due to security reasons.
Several netizens have dubbed the incident as the Dasmarinas Binay Gate scandal, in reference to the Watergate scandal that rocked the administration and ultimately led to the resignation of US President Richard Nixon.