How To Rent In The Philippines As A Foreigner (Copyright Free Content)
Channel: Owl of Asia
Date: 2021-11-01

Renting a condo in the Philippines as an expat - What You Need To Know About Renting A House In The Philippines. A few weeks ago, we dived into the wonderful world of renting a condominium in the Philippines. Today we will be focusing our attention on renting a house in the Philippines by exploring what you need to know about renting a house in the Philippines. 

Wise - https://wise.com/invite/aeg/jamief78
Law - https://lawphil.net/statutes/repacts/ra2009/ra_9653_2009.html
Rent Guide - https://www.moneymax.ph/personal-finance/articles/rental-law-philippines
Internet Check - https://www.broadbandspeedchecker.co.uk/isp-directory/Philippines/Cebu-City.html
City Insider - https://www.lamudi.com.ph/city-insider/
Property Guide - https://www.lamudi.com.ph/resources/


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Renting A House In The Philippines As A Foreigner - The Neighbourhood
the neighborhood is without a doubt one of the most important factors of selecting where you will live. Similar to other countries, the Philippines have more expensive areas and others that are more cost-effective. There are a few online sources with information on certain neighborhoods, which I've added in the description.

How to rent in the Philippines - The Price 
houses tend to be slightly cheaper than condominiums based on a square foot calculation. This is because houses do not have the facilities that condominiums possess. However, most houses are much larger than condominiums, and therefore, the overall price can sometimes be higher than a condominium even though the square foot price is lower. But this is not always the case.  

Renting house Philippines - The Deposit 
The amount of a deposit can change depending on the agreements you make and your landlord. Typically in the Philippines, the secured deposit is a one-month advance rental and two monthly deposit. Therefore if your house has a total rental price of 20,000 pesos, the total amount needed will be 60,000 pesos. Under the Rent Control Act 9653 section 7. 

Renting A House In The Philippines  - The Contract

The great thing about renting in the Philippines is that certain laws protect you as a tenant despite whether you are a foreigner or a Filipino. Commonly there is a physical contract as well as an inventory. Any damage needs to be acknowledged by both parties, and physical documentation of this damage needs to be completed. 

What to know about renting a house in the Philippines - The Wi-Fi 
some areas have much better signaling strength than others, but the good news is when you are looking to rent a house in the Philippines, there are coverage checkers online. You can input your location and the type of connexion you are looking for, whether that be 5G or fiber Internet, and the website will tell you how strong or weak the connexion is in that area. 

Renting A House In The Philippines - The Natural Disasters. 
The Philippines is one of the leading countries that are prone to natural disasters. For example, if you are staying in Davao, you may notice an earthquake or 2 during your stay. Most of the time, these natural disasters are nothing to worry about.

Should I Rent a house Philippines - The Law 
The Republic Act 9653 and The Civil Code are well-documented laws that aim to protect both the landlord and the tenant. On the rare occasion that landlords or renters violate any provisions of the rental law, they could face financial penalties or, in serious cases, imprisonment. But please do not worry, as this tends to be for more serious incidents, but it's always good to know these two rental laws of the Philippines.

The Return Of The Deposit 
so the day has come when you have decided to move to a new location, and you wish your deposit to be returned. Most landlords will refund your deposit into your original account, but they may ask you for a Philippines bank account if there is a fee.

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