Is it possible to own a city




















Americans seem to have been fascinated by the Philippines ever since the Spanish-American War. This archipelagic nation is technically a collection of more than 7, islands bordered by Taiwan to the north, the Pacific Ocean to the east, Indonesia and Malaysian Borneo to the south, and the South China Sea to the west. Tourism here increased by 7. The country attracts more than just tourists. The Philippines is home to a large and welcoming community of expatriates who enjoy the low cost of living , inviting beaches, beautiful flora and fauna, tropical climate, and friendly locals to name just a few of the amenities.

Publishing group InternationalLiving. Housing makes up a large percentage of the budget. In general, foreigners are prohibited from owning land in the Philippines, but they can legally own a residence. Here are some options. One of the main things about moving abroad is which part of your destination country you'll call home. There are a lot of factors to consider before you make that trek.

Do you want to be close to all the hustle and bustle when living abroad? Or do you truly want to leave it all behind and live without any hassles? If you want to be in the center of it all, consider major cities like Quezon City, which has a population of nearly three million people. Manila—the capital city—with about 1.

Finally, Davao City at 1. These cities, along with other major metropolises, have the perks you come to expect including restaurants, nightlife, and entertainment right at your fingertips. There are also plenty of markets, as well as access to healthcare facilities. But remember, with all of these amenities come a lot of traffic and big crowds.

Perhaps you've had enough of city life, and would rather try something a little less urban. Tagaytay is a popular destination for tourists—both domestic and foreign. Situated in the mountainous region, it's known as one of the country's summer capitals because of its cooler climate. The total population is about 71,, and there is a lot to do—from golf courses and other outdoor activities.

Dumaguete, on the other hand, is a bit larger, with a population of more than , It's a principal seaport and has great beaches. Perhaps the easiest option is to purchase a condominium , a hybrid type of ownership that falls outside traditional structures.

With traditional property , you own the structure, plus the land on which it sits. If you buy a condo, however, you only own the condo unit itself—not the land beneath it. Remember, there are things you need to consider if you're going to buy a condo in the Philippines.

Just like anywhere else, you will have condo fees to pay every month. And based on where you live, you may have to share the amenities like the pool, gardens, and common outdoor spaces. The best thing you can do is not to wing it.

Do an on-site inspection and a complete walk-through of the property before you purchase. After all, you don't want any surprises when you make your big move.

As we mentioned, foreigners can legally own houses and other types of buildings, but they are prohibited from owning the land on which it sits. To work around this, you can buy a freestanding house but lease the property.

Of course, the purchase price will depend on where you buy. The closer you are to a major city, the higher the price. The average interest rate for a year fixed-rate mortgage is about 7. Consider hiring a local agent before you buy—someone who deals exclusively with ex-pats. Mortgage rates are at historic lows. Should you refinance? The little town, established in , is a throwback to the 19th century and includes a general store that houses an inn and restaurant, some cottages and several barns.

It is listed on the National Register of Historic Places , surrounded by forest and gets poor cell phone service. A chance to be in charge of their destiny. The heart of Story, Indiana, is the general store, where there is an inn and restaurant. Hofstetter and his business partner bought Story in in a sheriff's sale after its owner "ran it into the ground. They had opened the Story Inn and amassed the other properties that now form the town.

Hofstetter eventually bought his partner out. Read More. Although the town may be priceless to Hofstetter, he ultimately had to put a price on it. I want to put it in safe hands and send it down the tunnel of time. What do you do with a whole town? The chance to be ruler of your own rural realm may sound enticing. But just as the characters in Schitt's Creek discover, it can come with plenty of strings attached, too.

In Spain, where residents have deserted the countryside and moved to more populated cities and towns, whole villages are going up for sale. Foreign buyers' imaginations have been stirred by ancient assemblages of stone buildings from the 's. The secret market of private real estate listings. The village has spring water, electricity and telephone service. But the buildings were all built between and the midth century and require rehabilitation, according to the listing.

Fortunately, the main house, workers house, silos and garage are all considered structurally sound. In the United States, the towns that are for sale are much younger, but only slightly less demanding than a 17th century village. While someone like Hofstetter wants to preserve the town of Story as much as possible, often buyers are seeking big opportunities that require a lot of renovations, permitting and investment. He has heard from potential buyers who wanted to use the town for drone schools, farming, recreational parks, off-road activities and a marijuana resort.

More from Success. Work started in and, when complete, it will have homes for 40, residents, as well as cinemas, shopping malls, schools, landscaped walkways, office blocks, a conference centre, restaurants and cafes. There are various options available to you when it comes to securing the cash.

Equatorial Guinea is the third largest sub-Saharan oil producer, and much of that money is being lavished on the new capital, which will have a championship golf course, the Library of Central Africa which looks like a spaceship docked in a jungle clearing , a luxury hotel and a presidential villa. He told Guardian Cities that he already has the money to build at least sq km of the new capital, including a new parliament.

But he needs more: which is why he invited kings, presidents, 30 visiting emirs and hundreds of would-be investors to the March launch at Sharm el-Sheikh. If your city is to be economically sustainable, it needs jobs. Indeed, many of the most famous planned cities were new capitals — Brasilia, Canberra, Abuja, Canberra, Ottawa, New Delhi — that, whatever their other shortcomings, benefited from the employment opportunities and economic uplift of being a national administrative hub.

However, the 12,acre site has been controversial, upsetting some locals and environmental groups. In , the Indian Environment and Forests ministry ordered that construction on Lavasa cease temporarily, saying the developers had failed to obtain the mandatory environmental clearances. For example, Garsdale Design, which specialises in masterplans for war-ravaged cities in Iraq, is a family practice operating out of a converted barn in the Yorkshire Dales.

Such 3D modelling applications as Esri CityEngine make it possible to devise city masterplans for homes, sewerage, water and electrical systems and integrated public transport, and then to amend these plans according to the needs on the ground. Increasingly, too, masterplans involve setting out Wi-Fi hotspots, fibre-optic grids and sensors more on this below.

Smart transport might well mean digital parking meters that text you when a parking space opens up, or real-time transport displays that give data about traffic jams, availability of buses and train services.

Helsinki — admittedly not a planned city, but a good model to follow — is going so far in the integrated transport direction as to say that private cars may soon be obsolete.

Forget bin lorries, fetid dumpsters and the excrescence that is the wheelie bin. At Songdo in South Korea, similarly, there are no rubbish trucks or bins in the street: all household waste is sucked into a vast underground network of tunnels and dispatched to waste-treatment centres where it is sorted and deodorised.

Alternatively, information and communications technology can involve sensors that detect when waste disposal pickups are needed, or to measure energy consumption and emissions.

Citizens may question whether they want ICT sensors checking their emissions. Ignore them. Whose city is this, anyway? Broadband infrastructure that combines cable, optical fibre, and wireless networks is a basic requirement in such hi-tech cities as Songdo. The city never got built: Florida authorities nixed the development, arguing that the ostensibly green and pleasant city amounted to urban sprawl.

Look at your masterplan. Is it all sprawl and mall, dazzling plate glass, and more cloverleaf junctions than you can shake a stick at?



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