Buying a condo in the Philippines being an OFW. Big Mistake.

I came to the Philippines from Dubai for a one-month vacation in 2012. One day, while I was walking in a shopping mall, I was convinced to invest in a condominium unit that was being built at the time. I made a reservation fee of PHP 20,000 as a security deposit, and I agreed to pay PHP 10,000 per month for two years. 

 

I went back to Dubai, and after two years, I had completed the monthly payments. In 2015, I returned to the Philippines because the condominium was ready for occupancy. However, with the assistance of my real estate agent, I still needed to apply for a home financing loan from a bank. At the time, my annual salary was not sufficient to meet the bank's lending limits, so my application was not approved. 

Because of this, I decided not to continue with the purchase of the condominium unit. I did not feel any hard feelings, and I returned to Dubai. The real estate company gave me back 50% of my deposit, which was equivalent to the PHP 10,000 monthly payments that I had made over two years.

The money that they returned to me was what I used to pay for the expenses of going to Australia, such as gathering documents, applying for a visa, and other related costs. I also used it to travel to Europe and Southeast Asia. If I had pursued buying the house, I probably would not have been able to go to Australia and would have had to stay in Dubai to work and pay for the house for 25 years.

Some reason to move and live in Cronulla, A beautiful beach's suburb of Sydney.

Cronulla is a suburb of Sydney, in the state of New South Wales, Australia. It is located 26 kilometres south of the Sydney central business district, in the local government area of the Sutherland Shire.

Cronulla is a popular tourist destination, known for its beaches, surf breaks, and coastal bushwalks. The suburb has a long stretch of sand that runs from Boat Harbour to North Cronulla, followed by rock pools and another sandy beach at South Cronulla. The beaches of Cronulla from north to south are:

• Boat Harbour
• Greenhills Beach
• Wanda Beach
• Elouera Beach
• North Cronulla Beach
• Cronulla Beach
• Blackwoods Beach
• Shelly Beach
• Oak Park

In addition to its beaches, Cronulla also has a number of other attractions, including:

• The Cronulla Pavilion, a historic building that houses a cafe, restaurant, and shops
• The Cronulla Surf Life Saving Club, one of the oldest and most prestigious surf clubs in Australia
• The Cronulla Rock Pools, a series of natural rock pools that are popular for swimming and snorkeling
• The Cronulla Foreshore, a long stretch of parkland that offers stunning views of the ocean
• The Royal National Park, a large national park that is home to a variety of bushwalks, beaches, and waterfalls

Cronulla is a vibrant and thriving suburb with a lot to offer visitors and residents alike. It is a great place to relax on the beach, go surfing, or explore the natural beauty of the area.

Here are some reasons why Cronulla is so popular:

• It is a beautiful beachside suburb with stunning views of the ocean.
• It has a variety of beaches to choose from, each with its own unique character.
• It is a great place to go surfing, with waves suitable for both beginners and experienced surfers.
• It has a vibrant and active community, with a wide range of shops, restaurants, and bars.
• It is located just 26 kilometres south of Sydney, making it a convenient day trip destination.

If you are looking for a beautiful, relaxed, and vibrant beachside suburb to visit or live in, then Cronulla is a great option.