General Conditions

The general framework of the leasehold acquisition, its process and notices, in writing.

Signed documents with an embossed seal and a brass key on light wood

1. Purpose and Scope

These general conditions (the “Conditions”) describe the general framework under which Land of Nomads Group (“the Group”) presents and markets its eco villas and eco apartments in the Philippines, and govern the pre-contractual relationship with interested persons who make contact through this website.

These Conditions do not replace the private contract of any transaction. If these Conditions and the contract signed by an acquirer differ, the contract and its annexed documentation prevail.

2. The Group and Its Developments

Land of Nomads Group is a development group founded in 2023 that builds, delivers and operates ecological residential units in the Philippines. The developments in active marketing are:

  • San Fernando, in the province of Camarines Sur (Bicol region, Philippines): eco villas.
  • El Nido, on the island of Palawan (Philippines): eco apartments.

The specific information for each development (unit types, floor areas, amenities, construction phases, availability and current financial conditions) is the information contained in the official documentation the Group delivers during the contracting process.

3. Legal Nature of the Product: a 99-Year Leasehold

Units are acquired through a 99-year long-term lease right (leasehold), created under the legal route in force in the Philippines and registered in accordance with Philippine law. Its essential characteristics are:

  • It covers a specific, identified unit (a villa or apartment, with its number, phase and floor area), not an abstract interest in a pooled scheme.
  • It grants the leaseholder the exclusive use and enjoyment of the unit for the agreed term, under the contract.
  • It is a right of a real estate nature, formalised through a private contract and the notarial and registration steps required by Philippine law.
  • It is not a conveyance of freehold (fee simple) title to the land. Title to the land remains with its Philippine titleholder, as required by the 1987 Constitution of the Philippines and its implementing legislation.
  • Its transfer, assignment or succession is governed by the contract and by applicable Philippine law.

The Group does not use or accept nominee or fiduciary title arrangements designed to circumvent the restrictions of Philippine law.

4. Acquisition Process

1. Information request. The interested person makes contact through the site’s forms, on WhatsApp or by booking an information session. The website is an information channel: it takes no reservations and no payments. 2. Information session and documentation. The Group’s team presents the development, the unit type and the conditions in force, and delivers the corresponding pre-contractual documentation. 3. Reservation. If the interested person decides to move forward, the process may include a reservation deposit under the conditions (amount, method and refund regime) communicated in writing at that point. 4. Verification. Completion may require verification of the acquirer’s identity and source of funds, and compliance with applicable anti-money-laundering regulations. 5. Contract. The acquisition is formalised through an individual private contract between the acquirer and the relevant Group entity, with the leasehold subject to Philippine law and to its notarial and registration procedures.

5. Price and Payment Options

The price of each unit is the price in force at the time of reservation, according to the Group’s official list and the documentation delivered to the interested person. The Group offers two payment routes:

  • Full payment, within the deadlines and in the manner agreed in the contract.
  • Direct developer instalment plan: a payment schedule agreed directly with the Group, made up of an initial payment, monthly instalments and, where applicable, a final payment, according to the plan in force communicated during the contracting process. This instalment plan is a deferral of the contract price agreed with the developer itself: no credit institution is involved and it is not a bank loan or a third-party financial product.

Units may be subject to community fees and service charges, in the amounts and under the conditions set out in the development documentation and the contract.

6. Optional Managed Rental

The Group offers a rental management service for delivered units, aimed at leaseholders who wish to place their unit on the tourism market when not using it. This service:

  • Is optional: acquiring a unit creates no obligation to contract it.
  • Is formalised in a separate agreement, independent from the leasehold contract.
  • May be terminated in accordance with its terms, with the notice period established in it.
  • Carries a management fee stated in the service agreement itself.
  • Settles to the leaseholder the proceeds of the operation in accordance with the operating model described in the service agreement.

Rental proceeds are variable and not assured. They depend on actual occupancy, rates, operating costs, seasonality, exchange rates and the performance of the Philippine tourism market.

7. Use of the Unit by the Leaseholder

The leaseholder may personally use their unit in accordance with the contract, giving the operations team the advance notice established in it to coordinate dates when the unit is enrolled in the managed rental service. The specific conditions of use, maintenance and coexistence with the tourism operation are those of the contract and the development’s internal regulations.

8. Estimates and Risk Notices

  • Rental projections, yield ranges, occupancy scenarios and any other forward-looking figure shown by the Group in commercial materials are estimates based on stated assumptions, not promises. Actual results may differ and may be lower.
  • The transaction is exposed to, among others, regulatory risk (legal changes in the Philippines or in the acquirer’s country), exchange rate risk (payment and operating currencies may fluctuate), operational risk (construction, maintenance and tourism operation) and climate risk inherent to Philippine geography.
  • Construction and delivery timelines are good-faith estimates subject to the adjustments provided for in each contract.
  • No communication from the Group should be read as an assurance of results or as a personal recommendation.

9. Obligations of Interested Persons and Acquirers

  • Provide accurate, current personal details in forms, communications and verification processes.
  • Read the pre-contractual and contractual documentation before signing, and request any clarification needed.
  • Obtain, where they consider it appropriate, independent legal, tax and financial advice in their country of residence. The Group expressly recommends doing so.
  • Comply with their tax and reporting obligations in their country of tax residence regarding the acquisition and any proceeds received. The Group does not give tax advice and under no circumstances suggests omitting filings before the competent authorities.

10. No Offer of Securities

Acquiring a unit through a leasehold, with or without the optional managed rental service, is a real estate transaction over a specific unit. It is not the issuance or placement of securities, financial instruments or interests in any collective vehicle managed by third parties, and the Group does not promote it as such in any jurisdiction. The information on this website is not directed at persons in any jurisdiction where its publication would be contrary to local law, and must not be read as an offer or solicitation addressed to them.

11. Languages

The Group operates in Spanish and English. The contractual documentation of each transaction will state its reference language or languages and, where multiple versions exist, which one prevails.

12. Customer Care and Complaints

Queries, incidents and complaints may be addressed to info@landofnomadsgroup.com or to WhatsApp +63 962 074 0450. The Group undertakes to acknowledge receipt and to handle every request with all reasonable diligence.

13. Governing Law and Jurisdiction

These Conditions are governed by the law applicable to the site operator in its place of incorporation, without prejudice to any mandatory rules protecting the interested person in their place of residence. Leasehold contracts are governed by Philippine law and are subject to the competent Philippine courts and registries; associated service agreements are governed by their respective clauses.