Why Buying an Apartment in the Philippines Was a Mistake

We lost money on our dream apartment in the Philippines, and I am breaking down exactly where our investment went wrong. 🌍 NOT SURE WHICH COUNTRY IS RIGHT FOR YOU? Take my FREE 25-question country quiz to discover which country could fit your lifestyle and priorities. 👉 Take the quiz: https://DanielaAbroad.com/quiz 💰 COULD YOU ACTUALLY AFFORD TO MOVE ABROAD? Finding your dream destination is only the first step. Before moving abroad, you also need to understand the costs and whether your budget can realistically support the move. My relocation calculator helps you estimate the costs and work out whether moving to another country could be financially realistic for you. 👉 Get the relocation calculator for $19: https://danielaabroad.com/products/mo... Buying property in a tropical paradise felt like the perfect plan in 2019, but the reality of international real estate proved to be a harsh lesson. I am sharing the specific financial mistakes we made so you can avoid a bad property investment while navigating foreign markets. We were blinded by the promise of beaches and palm trees, ignoring critical red flags that led to a significant loss of capital. This breakdown is for anyone considering a purchase abroad who wants to understand the risks of buying property overseas before committing their savings. I explain how to protect your money and why doing your own due diligence is the most important step in the process. We are still recovering from this experience, and I want to ensure you have the full picture before signing any international contracts. Subscribe for more honest breakdowns of our experiences with global investments, and let me know in the comments if you have ever dealt with a difficult property purchase overseas. 🎥 My Camera & Creator Gear: 📷 DJI Osmo Pocket 4 Creator Combo — https://link.amazon/B01CuvBNc 🚁 DJI Drone — https://link.amazon/B0em5WDU7 📱 Tripod — https://link.amazon/B0cqudn2Z 💻 MacBook Pro M4 — https://link.amazon/B06PtX8Va Some links are affiliate links, which means I may earn a small commission at no extra cost to you. 00:00 - Buying an Apartment in Paradise & Losing Money 01:16 - Our Bohol Apartment & The Rental Agreement 02:11 - When Remote Property Management Goes Wrong 03:28 - Pandemics, Typhoons & The €1,500 Renovation Mystery 05:33 - Seeing the Apartment in 2023 & Taking Control 07:30 - The Hidden Reality of Vacancy & Tropical Humidity 08:45 - Selling the Apartment: Breaking Down the Real Numbers 10:16 - The True Cost of Remote Real Estate & Key Lessons