Why OFWs need to buy a house and Lot

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One of the traits that make Filipinos distinct among others is their strong and close family ties. They put their family first before anything else and place high regard on their parents and elders. That is why Filipinos work hard and do everything they can to provide for the family. And when life gets tough, they look for greener pastures, even when it’s far from home. Because of the many available opportunities outside the country, more and more people have become Overseas Filipino Workers.

A considerable part of an OFW’s life is spent away from home, earning money to give their family a good life and secure their future. They miss celebrating holidays and birthdays at home, unable to witness the significant milestones, nor experience the important events with the family for being far away. Working abroad is definitely challenging because they have to adapt, brave through the loneliness, and face the risks of their job. 

A couple on Camella Freya’s balcony. 

Land-based OFWs have to adjust to different cultures and attitudes. Sea-based OFWs have to deal with changes in their environment and working conditions. In these moments, we realize that the love for family prevails as Overseas Filipino Workers have become the country’s modern-day heroes for their sacrifices and contribution to the economy.  

After all that hard work, it is time for OFWs to enjoy the fruits of their labor. Having the means to provide for the family’s needs must be fleeting, but you must plan ahead to ensure that none of that goes to waste. The best way to do that is to make all that hard-earned money work for you. You’ve probably tried investing in stocks, mutual funds, insurance plans, or even studied cryptocurrency. But if you’re looking for a long-term investment with low risk but yields high returns, then real estate is the best option for you. 

When you buy a house, condominium, or bare land, they become an asset and an investment through the value appreciation of these properties. Real estate is a great investment option for OFWs, so here are six reasons why you should start investing in real estate with a house and lot. 

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Buying a house is a fulfillment of a dream.

Ask any Filipino out there what their ultimate ‘tangible’ dream is. They will probably respond with either a car or a house. While a car is practical, there are many factors to consider, and its lifespan varies on the way it is used. Some people are lucky to inherit property from their parents or have relatives kind enough to welcome them into their homes. But for others, they have to start from scratch. It’s not wrong to dream. Everyone has the freedom to do so. For OFWs, that has been their motivation to explore the better opportunities available outside the country with the ambition of having their own home.  

According to a 2019 survey by the Philippine Statistics Authority, 64.1% of Filipinos occupy a house and lot that they own. The rest of the population either live in a rental or settle a property without the owner’s consent. While there’s nothing wrong with living in a rental, it will only be beneficial as a temporary home. Still, such a setup is not sustainable for the long term, especially with big families. Instead of paying rent, why not put all that money into a house? Housing developers like Camella, for instance, have several house models tailored to all types of families’ practical needs.  

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It’s not just a dream but a necessity. 

Ever since the pandemic started, we have realized the importance of having a roof above our heads. We had to abide by the quarantine restrictions to avoid getting the virus, so everything came to a halt. Schools had gone online, some jobs had to be done remotely, but not everyone had space and the capacity to do so. As an OFW, you may have had a different pandemic experience than your family in the Philippines. But one thing is for sure, the lockdowns kept us in our homes, and there’s still uncertainty as to when we’ll go back to normal.  

The best gift you’ll give to yourself and your family is the gift of space because living in a community and home with ample space is a new essential. As daunting as it may seem, buying a house and lot for sale amid a global pandemic can be beneficial. Because loans are at an all-time low, Bangko Sentral ng Pilipinas had lowered their interest rates last year, and it will remain unchanged for the rest of this year. Apart from that, developers like Camella offer communities open spaces for parks and playgrounds that homeowners can enjoy while keeping socially distanced. So until everyone is vaccinated, staying at home will still be the norm. 

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It’s not just an asset, but an investment too.

As more people become financially literate, you have probably explored different investment opportunities like stocks, mutual funds, and cryptocurrency. People tend to overlook real estate investing because of the preconceived notion that you must have the money to buy a property. A house and lot don’t seem like an investment because they don’t realize how it earns. OFWs can take this opportunity to leverage and buy a home. Leveraging is when you borrow capital to purchase the house you want.  

This is an excellent option for OFWs who still have other financial obligations, such as a car loan or their children’s education. You’re able to buy the house at its current market price, and it is an investment that is not affected by inflation rates once you’ve acquired the property for sale. It’s a more accessible alternative for those who always wanted to start investing in a house. All you need to do is look for a bank you trust and see if their offer is right for your needs. Sometimes you need a little help to achieve that goal, and that’s okay because Camella has several partner banks to make your dream home a reality. 

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Three words: Property Value Appreciation.

Out of all of the investments available in the market, real estate has a strong trend of appreciation. Property value appreciation is the increase in the value of a property driven by demand and inflation over a while. The land is a scarce resource, and owning a property, especially in high-value and strategic areas, will surely yield a continuous increase in its value. 

Demand is a factor because available land is limited, especially in locations with high traffic and population. So when the quantity of land or housing is low, but so many people need housing in a particular area, then the value goes up. That is why location is the number one factor real estate investors consider before buying a house and lot in the Philippines.  

You need to buy a home in a place that is accessible and is near establishments for your necessities and lifestyle. Another part of property value appreciation is inflation, derived from the rise in ordinary goods and services. As inflation increases, so do the cost of building your own house will increase.  

Like they always say: do not wait to buy real estate, buy real estate, and wait. If you wait to buy a property, its value will differ from when you inquired to the time you’ll actually pay for it. If you buy a property now, the price upon purchase will not be affected by demand or inflation as you move forward. Still, the increase in its value will immediately be reflected. As a developer that has the widest geographic reach in the country, Camella has a community in prime and high-demand locations, making the value of your investment worth it. 

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It is an opportunity to earn passive income. 

If you are an OFW who wants to earn cash through real estate, you might want to consider buying a house and lot for sale to earn passive income. This is achievable by turning your home into a rental property. Since you’re not usually in the Philippines, let your house become profitable by leased for the long term or rented for a short period. 


One of the significant advantages of living in the Philippines is the many tourist spots we have all over the country. Traveling is a great contributor to rental income with the high demand for AirBnBs and vacation houses, of course, back when things were normal. And when things do go back to normal, having a property near these high-traffic locations will be beneficial as you turn it into a temporary dwelling place for travelers. That’s why having a home in strategic locations, just like the Camella communities near tourist destinations, can be a significant factor in how much you can earn through short-term rentals. 


Ever since the pandemic started, more and more people have moved to the different provinces in the Philippines than staying in Metro Manila. Their reason? Living in the province gives them more freedom and space. This is an excellent opportunity to let your house and lot earn profits by being open to leasing or long-term rentals that will give you a steady flow of income. Demand is relatively high, too, since families considered moving for a lower cost of living, and the rise of digital nomads that just wants a new environment amid the quarantine restrictions. Investing in a Camella home will benefit you and the potential lessors or tenants of your property. 

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And finally, have a home you can call your own. 

OFWs that have worked abroad for a while now also deserve to have a place they can come home to and a place that they own. Buying a house is the culmination of all the sacrifices you’ve made through the years as an OFW. It can be a gift to your parents, a place where you can grow your own family, or a home to retire in. Not only do you own the property, but you also have the opportunity to pass it on to your children.  

After living in another country for many years, wouldn’t it be great to come back to a pleasant and spacious house in the motherland? It is a lifelong asset that will give you and your family peace of mind knowing that you have a safe and peaceful dwelling place. 

In most countries, when a child turns 18, they move out of the house and live a life of independence away from their family. But here in the Philippines? That’s rare, if not impossible. Filipino parents would gladly let their children stay even when they already have a family of their own. This is why so many households all over the country have extended families and relatives living under the same roof.  

It’s part of the Filipino culture that fosters an excellent relationship among members of the family. Buying a property of your own has its many advantages, but at the end of the day, it’s you and your family’s needs that matter. Just remember to choose a house with ample space for everyone, located in a community that is close to your conveniences and has open spaces for you to enjoy. 

As a house and lot developer for over 40 years, Camella has expertly crafted homes that are timeless and fit the needs of every life stage you’ll go through. For young professionals and newlyweds, the developer offers have two to three bedroom units fit for your lifestyle. Camella also offers four to five bedroom units for big families and retirees. Available all over the country, there’s a Camella community in the city or province you dream of settling down. Whatever your needs are, Camella has a home that’s right for you. Stay updated with the latest offers and promos by following us on all our social media sites at Camella Official or visit its properties for sale or take a virtual tour of its house and lot offerings

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