Maria Santos
Philippine Real Estate Legal Consultant
No investment decision in Boracay should be finalized without completing thorough due diligence. Here is the definitive 10-point checklist for Boracay property investors.
Points 1–4: Title, Permits, and Environmental Compliance
POINT 1: TITLE VERIFICATION AT THE REGISTRY OF DEEDS — Obtain a certified true copy of the TCT or CCT directly from the Registry of Deeds in Kalibo, Aklan. POINT 2: DHSUD LICENSE TO SELL VERIFICATION — For any pre-selling development, verify the developer's License to Sell on the DHSUD website. POINT 3: BIATF COMPLIANCE CONFIRMATION — Confirm that any existing structures comply with BIATF regulations, including the 30-meter shoreline easement and building height limits. POINT 4: ENVIRONMENTAL COMPLIANCE CERTIFICATE — Verify that the property or development holds a valid ECC from the DENR or BIATF.
Points 5–7: Permits, Survey, and Physical Inspection
POINT 5: LOCAL GOVERNMENT BUSINESS PERMITS — For resort or commercial property purchases, verify that all current operating permits from the Malay LGU are valid and current. POINT 6: GEODETIC SURVEY VERIFICATION — Engage a licensed geodetic engineer to conduct a relocation survey confirming that the physical boundaries of the property match the TCT description. POINT 7: INSPECTION OF THE PHYSICAL PROPERTY — Conduct a thorough physical inspection covering structural integrity, plumbing and electrical systems, air conditioning, signs of water damage or mold, and condition of common areas.
Points 8–10: Developer, Operator, and Legal Review
POINT 8: DEVELOPER TRACK RECORD INVESTIGATION — For pre-selling purchases, investigate the developer's track record of project delivery. Visit completed projects. Speak to unit owners in completed developments. POINT 9: MANAGEMENT OPERATOR DUE DILIGENCE — For resort-integrated units, independently assess the management operator's performance. Check Booking.com, Agoda, and TripAdvisor reviews. POINT 10: LEGAL REVIEW OF ALL CONTRACTS — Engage an independent Philippine attorney to review all contracts before signing, including the Reservation Agreement, Contract to Sell, Deed of Sale, and any Rental Management Agreement.
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