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Guide to buying property in Boracay

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by admin
March 3, 2016
Category:   Blog Features, Real Estate

It is essential for an investor of Boracay Island to get familiar with Presidential Proclamation 1801 by former President Marcos in 1978 declaring the Island as tourist zones and marine reserve area which was later amended by Presidential Proclamation 1064 ( by former President Arroyo) in 2006, before buying real property. The latter delineates the island into Forestland and as Alienable and Disposable classification.

Buying within the Alienable and Disposable classification is the safest option for every investor since this areas are subject of the issuance of Original Certificate of Title later.

Due to this situation, 98 % of the land ownership In Boracay Island is evidenced by Tax declaration which is the best proof of possession in the absence of a Land Title which should be supported by an affidavit of adjoining owner duly signed by all neighboring land owners proving that your land and theirs has no boundary issues.

In order to avoid future problems, It is advisable to hire the service of a PRC registered Licensed Real Estate Broker who has ample knowledge and experienced in Boracay Real Estate.


13 thoughts on “Guide to buying property in Boracay

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    June 8, 2017

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    June 10, 2017

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  • Elaine
    June 14, 2017

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    June 16, 2017

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    April 19, 2019

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    April 29, 2019

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  • House and Lot in Naga Camarines Sur
    August 22, 2019

    Thanks for this. I’ve been curious for a long time how people acquire property in Bora. At present, many establishments are closed because the Government are exerting effort to protect it.

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