Makati home buying guide

Makati is one of the most sought-after places to live in the Philippines, known for its business and financial district, premier shopping centers, and luxurious residential areas. If you’re considering buying a home in Makati, here is a detailed guide to help you navigate the process.

  1. Research the different areas in Makati: Makati is divided into several villages, each with its own unique characteristics and amenities. Some of the most popular villages include Bel-Air, Forbes Park, and Urdaneta. Research the different areas to find one that best suits your lifestyle and budget.
  2. Determine your budget: Before you start looking at properties, it’s important to determine your budget and get pre-approved for a mortgage, if necessary. This will help you narrow down your search and ensure you don’t fall in love with a property you can’t afford.
  3. Hire a reputable real estate agent: A reputable real estate agent can help you navigate the local market and find properties that meet your needs. They can also assist with negotiations and legal paperwork.
  4. Inspect the property: Once you’ve found a property you’re interested in, schedule a thorough inspection to identify any potential issues or repairs that need to be made.
  5. Review the legal documents: Before finalizing the purchase, make sure to review all legal documents, including the contract of sale and title of the property, to ensure everything is in order.
  6. Close the sale: Once all legal documents have been reviewed and approved, it’s time to close the sale. This typically includes paying a down payment and signing the final contract.
  7. Move in: After the sale has been closed, you can finally move in to your new home in Makati!

Some additional tips to consider:

  • Makati is a densely populated area, and parking space is limited. Make sure to check the parking options for the property you’re considering.
  • Makati is known for its high-rise buildings, and many units have great views. If this is important to you, make sure to ask the real estate agent about the view from the unit.
  • Makati has a lot of amenities, but also tends to be more expensive than other areas in Metro Manila. Take this into consideration when setting your budget.

Buying a home in Makati can be a challenging process, but with the right preparation and guidance, you can find the perfect property to call your own.