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Login or Register Home Asia Philippines
Philippines
Financial Overview
OverviewPrice HistoryRental YieldsTaxes and CostsTax on Rent (Example)Buying GuideLandlord and TenantInheritanceLiving ThereUseful LinksCountry Statistics
Directory
RealtorsAccountantsLawyersMortgagesForeign Currency
Property Search
All PropertyResidentialCommercialLand for SaleLuxury HomesFor Sale by Owner
Global Statistics
House Prices
Regional Statistics
Sq M PricesRental YieldsRentsPriceRent RatioPriceGDP per CapBuySell CostsRental Income TaxCapital Gains TaxPrice Change 1 yrPrice Change 5 yrsPrice Change 10 yrsLandlord amp Tenant LawGDP Per CapitaGDPCap Growth 1 yrGDPCap Growth 5 yrsEconomic FreedomEc Freedom 5 yrsCompetitivenessProperty Rights IndexCurrency +shy ValueTaxes on Residents
Ads by Google
Property Law Buying House Buy Property
Jun 02 2015 Tweet 9 12 188Like
Transaction costs are very high in the Philippines
How high are realtorsrsquo and lawyersrsquo fees in the Philippines What aboutother property purchase costs
Transaction Costs
Who PaysNotary Fee 1 shy 2 buyerLocal Transfer Tax 075 buyerRegistration Fee 1 buyerCapital Gains Tax 600 sellerReal Estate Agentacutes Fee 300 shy 500 sellerDocument Stamp Tax 150 sellerCosts paid by buyer 275 shy 375Costs paid by seller 1050 shy 1250ROUNDTRIP TRANSACTION COSTS 1325 shy 1625See FootnotesSource Global Property Guide
How difficult is the property purchase process in the Philippines
Foreigners cannot own land but can own condominium units or apartments inhighshyrise buildings as long as the foreign proportion does not exceed 40 Theycan also buy a house but not the land on which it is built Leases on land up to 50years renewable for another 25 years are available
If a foreigner is keen on acquiring land there are several options One if marriedto a Filipino citizen is to have the ownership of the land under the Filipinorsquos
Ads by Google
Buy Property Tax Property Buying a New
name However in the event of death or separation the land cannot be transferredto the foreigner Another option is to acquire land through a corporationCorporations can only be at the maximum 40 foreignshyowned
The maximum area that may be acquired for residential purposes is 1000 squaremeters of urban land or one hectare of rural land
When buying new property it is important to look for properties backed byestablished developers and licensed real estate agents brokers especially in casesof offshyplan or preshyselling (the property is at the planning stages and nonshyexistentduring the time of the sale)
In general property can be acquired by simple agreement After deciding whatproperty to buy as well as inspecting the premises and documents the buyerusually signs a binding notarized Deed of Sale Employing the services of areputable sales agent is convenient because they not only provide vital informationregarding the transaction and property but also assist the buyer in gettingmortgage loans
Buying condominiums
A down payment of 10 to 30 is usually required Ownership of condominiumunits is evidenced by the Condominium Certificate of Title (CCT) but the transferof title is usually not executed until the property is fully paid Foreigners can onlyown up to 40 of a condominium project
Holders of Special Resident Retireersquos Visa (SRRV) a nonshyimmigrant residentvisa can get additional benefits aside from being allowed to buy a condo unit orlease a parcel of land or a house and lot The SRRV holders can reside in thePhilippines permanently with multipleshyentry privileges and zero travel taxesOther benefits and information about the SRRVisa is available on the PhilippineRetirement Authority Website
Buying land
The process of buying land in the Philippines is cumbersome and tedious Asidefrom the fact that foreigners are not allowed to buy land the system of landregistration and classification should make any investor think twice The farther
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
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1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
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Login or Register Home Asia Philippines
Philippines
Financial Overview
OverviewPrice HistoryRental YieldsTaxes and CostsTax on Rent (Example)Buying GuideLandlord and TenantInheritanceLiving ThereUseful LinksCountry Statistics
Directory
RealtorsAccountantsLawyersMortgagesForeign Currency
Property Search
All PropertyResidentialCommercialLand for SaleLuxury HomesFor Sale by Owner
Global Statistics
House Prices
Regional Statistics
Sq M PricesRental YieldsRentsPriceRent RatioPriceGDP per CapBuySell CostsRental Income TaxCapital Gains TaxPrice Change 1 yrPrice Change 5 yrsPrice Change 10 yrsLandlord amp Tenant LawGDP Per CapitaGDPCap Growth 1 yrGDPCap Growth 5 yrsEconomic FreedomEc Freedom 5 yrsCompetitivenessProperty Rights IndexCurrency +shy ValueTaxes on Residents
Ads by Google
Property Law Buying House Buy Property
Jun 02 2015 Tweet 9 12 188Like
Transaction costs are very high in the Philippines
How high are realtorsrsquo and lawyersrsquo fees in the Philippines What aboutother property purchase costs
Transaction Costs
Who PaysNotary Fee 1 shy 2 buyerLocal Transfer Tax 075 buyerRegistration Fee 1 buyerCapital Gains Tax 600 sellerReal Estate Agentacutes Fee 300 shy 500 sellerDocument Stamp Tax 150 sellerCosts paid by buyer 275 shy 375Costs paid by seller 1050 shy 1250ROUNDTRIP TRANSACTION COSTS 1325 shy 1625See FootnotesSource Global Property Guide
How difficult is the property purchase process in the Philippines
Foreigners cannot own land but can own condominium units or apartments inhighshyrise buildings as long as the foreign proportion does not exceed 40 Theycan also buy a house but not the land on which it is built Leases on land up to 50years renewable for another 25 years are available
If a foreigner is keen on acquiring land there are several options One if marriedto a Filipino citizen is to have the ownership of the land under the Filipinorsquos
Ads by Google
Buy Property Tax Property Buying a New
name However in the event of death or separation the land cannot be transferredto the foreigner Another option is to acquire land through a corporationCorporations can only be at the maximum 40 foreignshyowned
The maximum area that may be acquired for residential purposes is 1000 squaremeters of urban land or one hectare of rural land
When buying new property it is important to look for properties backed byestablished developers and licensed real estate agents brokers especially in casesof offshyplan or preshyselling (the property is at the planning stages and nonshyexistentduring the time of the sale)
In general property can be acquired by simple agreement After deciding whatproperty to buy as well as inspecting the premises and documents the buyerusually signs a binding notarized Deed of Sale Employing the services of areputable sales agent is convenient because they not only provide vital informationregarding the transaction and property but also assist the buyer in gettingmortgage loans
Buying condominiums
A down payment of 10 to 30 is usually required Ownership of condominiumunits is evidenced by the Condominium Certificate of Title (CCT) but the transferof title is usually not executed until the property is fully paid Foreigners can onlyown up to 40 of a condominium project
Holders of Special Resident Retireersquos Visa (SRRV) a nonshyimmigrant residentvisa can get additional benefits aside from being allowed to buy a condo unit orlease a parcel of land or a house and lot The SRRV holders can reside in thePhilippines permanently with multipleshyentry privileges and zero travel taxesOther benefits and information about the SRRVisa is available on the PhilippineRetirement Authority Website
Buying land
The process of buying land in the Philippines is cumbersome and tedious Asidefrom the fact that foreigners are not allowed to buy land the system of landregistration and classification should make any investor think twice The farther
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
Ads by Google Buy Property Houses Buy House Worth I Buy Homes
Need a WebsiteBuild YourWebsite Easy as hellip
Better to marvel atrugby giants thanconfront them shyhellip
Pirates The FreeMMO StrategyGame of the Year
Read BooksHeres The WorstKept Secret Amohellip
Stormfall TheAddicting Game OfThe Year Wagehellip
Thats How YouFind AwesomeHotel Deals
Does VolatilitySignal The End ofthe Bull Market
Wish list What theinvestmentindustry wantshellip
1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
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Jun 02 2015 Tweet 9 12 188Like
Transaction costs are very high in the Philippines
How high are realtorsrsquo and lawyersrsquo fees in the Philippines What aboutother property purchase costs
Transaction Costs
Who PaysNotary Fee 1 shy 2 buyerLocal Transfer Tax 075 buyerRegistration Fee 1 buyerCapital Gains Tax 600 sellerReal Estate Agentacutes Fee 300 shy 500 sellerDocument Stamp Tax 150 sellerCosts paid by buyer 275 shy 375Costs paid by seller 1050 shy 1250ROUNDTRIP TRANSACTION COSTS 1325 shy 1625See FootnotesSource Global Property Guide
How difficult is the property purchase process in the Philippines
Foreigners cannot own land but can own condominium units or apartments inhighshyrise buildings as long as the foreign proportion does not exceed 40 Theycan also buy a house but not the land on which it is built Leases on land up to 50years renewable for another 25 years are available
If a foreigner is keen on acquiring land there are several options One if marriedto a Filipino citizen is to have the ownership of the land under the Filipinorsquos
Ads by Google
Buy Property Tax Property Buying a New
name However in the event of death or separation the land cannot be transferredto the foreigner Another option is to acquire land through a corporationCorporations can only be at the maximum 40 foreignshyowned
The maximum area that may be acquired for residential purposes is 1000 squaremeters of urban land or one hectare of rural land
When buying new property it is important to look for properties backed byestablished developers and licensed real estate agents brokers especially in casesof offshyplan or preshyselling (the property is at the planning stages and nonshyexistentduring the time of the sale)
In general property can be acquired by simple agreement After deciding whatproperty to buy as well as inspecting the premises and documents the buyerusually signs a binding notarized Deed of Sale Employing the services of areputable sales agent is convenient because they not only provide vital informationregarding the transaction and property but also assist the buyer in gettingmortgage loans
Buying condominiums
A down payment of 10 to 30 is usually required Ownership of condominiumunits is evidenced by the Condominium Certificate of Title (CCT) but the transferof title is usually not executed until the property is fully paid Foreigners can onlyown up to 40 of a condominium project
Holders of Special Resident Retireersquos Visa (SRRV) a nonshyimmigrant residentvisa can get additional benefits aside from being allowed to buy a condo unit orlease a parcel of land or a house and lot The SRRV holders can reside in thePhilippines permanently with multipleshyentry privileges and zero travel taxesOther benefits and information about the SRRVisa is available on the PhilippineRetirement Authority Website
Buying land
The process of buying land in the Philippines is cumbersome and tedious Asidefrom the fact that foreigners are not allowed to buy land the system of landregistration and classification should make any investor think twice The farther
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
Ads by Google Buy Property Houses Buy House Worth I Buy Homes
Need a WebsiteBuild YourWebsite Easy as hellip
Better to marvel atrugby giants thanconfront them shyhellip
Pirates The FreeMMO StrategyGame of the Year
Read BooksHeres The WorstKept Secret Amohellip
Stormfall TheAddicting Game OfThe Year Wagehellip
Thats How YouFind AwesomeHotel Deals
Does VolatilitySignal The End ofthe Bull Market
Wish list What theinvestmentindustry wantshellip
1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
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Transaction costs are very high in the Philippines
How high are realtorsrsquo and lawyersrsquo fees in the Philippines What aboutother property purchase costs
Transaction Costs
Who PaysNotary Fee 1 shy 2 buyerLocal Transfer Tax 075 buyerRegistration Fee 1 buyerCapital Gains Tax 600 sellerReal Estate Agentacutes Fee 300 shy 500 sellerDocument Stamp Tax 150 sellerCosts paid by buyer 275 shy 375Costs paid by seller 1050 shy 1250ROUNDTRIP TRANSACTION COSTS 1325 shy 1625See FootnotesSource Global Property Guide
How difficult is the property purchase process in the Philippines
Foreigners cannot own land but can own condominium units or apartments inhighshyrise buildings as long as the foreign proportion does not exceed 40 Theycan also buy a house but not the land on which it is built Leases on land up to 50years renewable for another 25 years are available
If a foreigner is keen on acquiring land there are several options One if marriedto a Filipino citizen is to have the ownership of the land under the Filipinorsquos
Ads by Google
Buy Property Tax Property Buying a New
name However in the event of death or separation the land cannot be transferredto the foreigner Another option is to acquire land through a corporationCorporations can only be at the maximum 40 foreignshyowned
The maximum area that may be acquired for residential purposes is 1000 squaremeters of urban land or one hectare of rural land
When buying new property it is important to look for properties backed byestablished developers and licensed real estate agents brokers especially in casesof offshyplan or preshyselling (the property is at the planning stages and nonshyexistentduring the time of the sale)
In general property can be acquired by simple agreement After deciding whatproperty to buy as well as inspecting the premises and documents the buyerusually signs a binding notarized Deed of Sale Employing the services of areputable sales agent is convenient because they not only provide vital informationregarding the transaction and property but also assist the buyer in gettingmortgage loans
Buying condominiums
A down payment of 10 to 30 is usually required Ownership of condominiumunits is evidenced by the Condominium Certificate of Title (CCT) but the transferof title is usually not executed until the property is fully paid Foreigners can onlyown up to 40 of a condominium project
Holders of Special Resident Retireersquos Visa (SRRV) a nonshyimmigrant residentvisa can get additional benefits aside from being allowed to buy a condo unit orlease a parcel of land or a house and lot The SRRV holders can reside in thePhilippines permanently with multipleshyentry privileges and zero travel taxesOther benefits and information about the SRRVisa is available on the PhilippineRetirement Authority Website
Buying land
The process of buying land in the Philippines is cumbersome and tedious Asidefrom the fact that foreigners are not allowed to buy land the system of landregistration and classification should make any investor think twice The farther
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
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1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
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name However in the event of death or separation the land cannot be transferredto the foreigner Another option is to acquire land through a corporationCorporations can only be at the maximum 40 foreignshyowned
The maximum area that may be acquired for residential purposes is 1000 squaremeters of urban land or one hectare of rural land
When buying new property it is important to look for properties backed byestablished developers and licensed real estate agents brokers especially in casesof offshyplan or preshyselling (the property is at the planning stages and nonshyexistentduring the time of the sale)
In general property can be acquired by simple agreement After deciding whatproperty to buy as well as inspecting the premises and documents the buyerusually signs a binding notarized Deed of Sale Employing the services of areputable sales agent is convenient because they not only provide vital informationregarding the transaction and property but also assist the buyer in gettingmortgage loans
Buying condominiums
A down payment of 10 to 30 is usually required Ownership of condominiumunits is evidenced by the Condominium Certificate of Title (CCT) but the transferof title is usually not executed until the property is fully paid Foreigners can onlyown up to 40 of a condominium project
Holders of Special Resident Retireersquos Visa (SRRV) a nonshyimmigrant residentvisa can get additional benefits aside from being allowed to buy a condo unit orlease a parcel of land or a house and lot The SRRV holders can reside in thePhilippines permanently with multipleshyentry privileges and zero travel taxesOther benefits and information about the SRRVisa is available on the PhilippineRetirement Authority Website
Buying land
The process of buying land in the Philippines is cumbersome and tedious Asidefrom the fact that foreigners are not allowed to buy land the system of landregistration and classification should make any investor think twice The farther
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
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1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
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About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
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Were hiring Contributing is easy and works for you
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PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
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Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
you are from the capital the more caution one must take
However serious land problems also exist in the NCR There are 11 laws directlyrelated to land registration and nine others indirectly related to land dispositionand administration Aside from the Department of Environment and NaturalResources and the Bureau of Lands there are several agencies that have direct andindirect control over land The courts also have the authority to award landownership
Legal Procedures in transfer of title (land and apartments)
1 Owner and Buyer agree on sale of a piece of land Through a lawyer a Deedof Absolute Sale (DOAS) is created and notarized
2 A Land Tax Declaration is secured from the Bureau of Internal Revenue(BIR) and submitted to the city or municipal Assessorrsquos office
3 Buyer pays real estate tax to the City Treasurerrsquos Office4 The Assessors office assesses the market value of the property5 Transfer taxes are paid by the buyer to the Assessors Office6 Capital Gains Tax and Documentary Stamp tax are paid to BIR7 The Registry of Deeds (RD) cancels old title and issues a new one in the
name of the buyer8 The buyer now the new owner obtains a photocopy of the new title and
requests tax declaration from the Assessors office
Ownership is evidenced by the Transfer Certificate of Title (TCT) in the case ofsingle houses and raw land and The Land Registration Act requires the owners ofproperty to register titles with the Registry of Deeds The titles must be registeredin the same province as the property However the records are inaccurate in suchthat overlapping might exist There is a proliferation of fake and double titles Thecompletion of survey of all the lands in the country mandated by the 1903 PublicLand Law is nowhere in sight
The whole process of registering property may take around 39 days to completeeight procedures
Value Added Tax
According to RA 9337 the following sales of property are VATshyExempt
i Sale of real properties not primarily held for sale to customers or held forlease in the ordinary course of trade or business
ii Sale of real properties utilized for lowshycost housing as defined by RA No7279 otherwise known as the ldquoUrban Development Housing Act of 1992rdquo
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
Ads by Google Buy Property Houses Buy House Worth I Buy Homes
Need a WebsiteBuild YourWebsite Easy as hellip
Better to marvel atrugby giants thanconfront them shyhellip
Pirates The FreeMMO StrategyGame of the Year
Read BooksHeres The WorstKept Secret Amohellip
Stormfall TheAddicting Game OfThe Year Wagehellip
Thats How YouFind AwesomeHotel Deals
Does VolatilitySignal The End ofthe Bull Market
Wish list What theinvestmentindustry wantshellip
1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
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In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
and other related laws such as RA No 7835 and RA No 8763 whereinthe price ceiling per unit is PHP750000 (US$16304) or as may from timeto time be determined by the Housing and Urban Development CoordinatingCouncil (HUDCC) and the National Economic Development Authority(NEDA)
iii Sale of real properties utilized for socialized housing as defined under RANo 8763 wherein the price ceiling per unit is PHP22500000 or as mayfrom time to time be determined by the HUDCC and the NEDA and otherrelated laws
iv iv Residential lot valued at one million five hundred thousand pesos(PHP1500000 or US$32609) and below house and lot and otherresidential dwellings valued at two million five hundred thousand pesos(PHP2500000 or US$54347) and below provided that not later thanJanuary 31 2009 and every three (3) years thereafter the amounts hereinstated shall be adjusted to their present values using the Consumer PriceIndex as published by the National Statistics Office (NSO)
It takes around 34 days to go through the eight procedures needed to register aproperty in the Philippines
Footnotes to Transaction Costs Table
The round trip transaction costs include all costs of buying and then reshyselling aproperty ndash lawyersrsquo fees notariesrsquo fees registration fees taxes agentsrsquo fees etc
Notary FeeNotary fees are generally around 1 to 2 of the property value Notary fees arenegotiable
Local Transfer TaxImposed by Municipal or City governments 05 to 075 of the contract pricezonal value or fair market value which ever is higher
Capital Gains TaxThe capital gains tax on sale of real property is levied at 6 of gross selling priceor fair market value whichever is higher What is referred to as Capital Gains Taxis actually a local transaction tax which is usually based on zonal values Whoactually pays the transaction costs is also dependent on the agreement between thebuyer and the seller In some instances either the buyer or seller pays all the taxesand fees but the cost is debited or charged to the sale price
Real Estate Agentacutes FeeThe real estate agentrsquos fee is generally around 3 to 5 of the property value
by Taboola Sponsored Links
Real estate agents will usually do the registration process without any additionalpayments aside from the commission
Documentary Stamp TaxThe Documentary Stamp Tax is 15 and it is levied on the selling price or fairmarket value of the property whichever is higher
Philippines shy more data and information
raquo How landlordshyfriendly is the law in the Philippines
From Around the Web
Comments
Ads by Google Buy Property Houses Buy House Worth I Buy Homes
Need a WebsiteBuild YourWebsite Easy as hellip
Better to marvel atrugby giants thanconfront them shyhellip
Pirates The FreeMMO StrategyGame of the Year
Read BooksHeres The WorstKept Secret Amohellip
Stormfall TheAddicting Game OfThe Year Wagehellip
Thats How YouFind AwesomeHotel Deals
Does VolatilitySignal The End ofthe Bull Market
Wish list What theinvestmentindustry wantshellip
1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
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Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
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Download free property reports from international research houses
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Fortnightly updates from the global property arena directly to your inbox
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Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
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Real estate agents will usually do the registration process without any additionalpayments aside from the commission
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1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
1 RICARDO | March 15 2010
hello i just want to ask if i could sell a house and lot all by myself What I mean iscould i and the buyer facilitate it without any other persons getting involved withexception of the lawyer who provides the deed of sale
2 YOUR MAMMA | March 24 2010
Ricardo the answer is yes You dont need an agent All you need is a lawyer tomake up the deed of sale And if you are smart you can get that for about 1500pesos ($35)
3 CARMEN | March 31 2010
Iam a Australian citizan and Iam interested to buy a 6 door old apartment Am Iallowed to purchase this or Am I dual citizen The price is 4Million Also can yourecommend some honest lawyers who can honestly help
4 RONNAHLYNE DOYLE | June 07 2010
Hi Im a filipino citizen I am planning to buy a house and lot for 9000000 Itsresidential house and lot How much will it cost me with all the fees such astransferring of the titles How will I know that the lot is titled and not fake Pleasehelp me I need some information Thank you
5 RONNAHLYNE DOYLE | June 07 2010
The land area is 543 sqm for 90 thou How much will it cost me all in all
6 VANJOJIN | June 25 2010
There is a lot to be sold to us however the lot has no title since it was just being
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
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Close Me
awarded by the city government there is a certificate of award Is selling this lot alegal one if we will purchase the lot is there a posiblity to work out its titlethanks
7 EDD BAUTISTA | July 29 2010
We are purchasing a House and Lot in Philippines but the person who own theproperty was in USA and she had given his nephew the SPA from the USA withseal and stamp from Consulate My Question is in the Deed OF Absolute Salewhos name should be appearing was the Authorize person Orb would it be theperson whos name was on the title If the name was the name of the originalowner then what type of clause or reference could it be legal to used if theAuthorize representative will be signing in behalf of the original ownerPlease canyou provide sample of Deed Of Absolute Sale with this scenario URGENT pleaseand thank you in advance
8 ANNIE | August 17 2010
hiim planning to buy a property in the pihli have a person whos handling all thepaper works do you need to pay the seller to photo copy the title of his land thathis sellingif so how muchdo you have this title check up if its legitwhere nadhow much would it cost nad notorizedapproximatelythanks do much
9 CONCON | August 21 2010
My dad died back in 1987 he disposed of his parents properties among his 2brothers and one sister he left a 12 hectare beach property (agricultural also)underhis parents name and told my mom that it was his property the property was nottransferred under his name when he died in 1987 now we have a quitclaim signedby one of his brothers and his sister over the land the other brother died in 2002survived by his four childredn who told me that they are willing to sign a quitclaim How do i go about all of this from making the quit claim and transferringthe property under the Heirs of my Fatherhow much will I pay for procedure oftransferwhat government agency should I go tothanks
10 EARL BING | August 22 2010
I have a question I bought a lot here in cebu city and i have a deed of absolute salebut havent transfer it to my name my question is if i have a deed of absolute sale
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
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Email Address
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Philippines Accountants
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Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
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Apartments For Rent
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Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
am i already the owner even if i havent transfer it to my name
earl
11 IRMA CALDINO | August 25 2010
I have a houseamplot at Dasmarinas Cavite I just finished paying it April this yearthru In house financing (Bank Loans)I want to ask the procedure for transferringthe title in my name from my Developer and how much it will cost and thenecessary documents that I need to prepare since I have only 2 months vacationsin the Philippines and I want to finish the transaction As per my Developer theytold me that it will cost me about 35000 Php for the said transfer of title Needyour insight for this ThanksshyIrma
12 LUKE | August 28 2010
I own a 2shybr 130 sq M condo in Mckinley Garden Villas at McKinley Hill I amlooking to sell this unit and would like to find a reputable hard working licensedreal estate agent Any suggestions would be greatly appreciated
13 CONCON NO13 | September 03 2010
I am a lawyer So go to a lawyer (give the details like your family tree so she orhe can picture who are the heirs and how the property will be passed on) for him tomake Extrajudicial Settlement of your late grandparents (since they were theregistered land owners) with Waiver of Rights and Interests (of your uncle andaunt and late uncles children) in favor of the children of your father (that is youand your siblings) Let your uncle and aunt and late uncles children sign saiddocument Bring the document and go to BIR for assessment and let the paper beassessed for payment of taxes (estate transfer etc) Go to Assessor and then toRegister of Deeds all these agencies must have jurisdiction over the land of yourgrandparents For example the land is located and registered in Manila City go toBIR Assessor and then to Register of Deeds and not in Quezon City
14 LAARNI ONTAL | October 31 2010
i need your assistance regarding buying lots from an organization
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
15 MARITES_A | November 08 2010
how can i buy a property in the philippines even if im overseas can my relativesbe my representative but my name still appears on deed of sale and the TCT
16 LAARNI | January 10 2011
Hi marites Im laarni from Century Properties Development Corporation Im aproperty consultant or also called as a real estate agent Yes you can do thatmarites It is still allowed even if your not physically present We have a projecthere in my company The Moderno at Canyon Ranch We offer a very flexibleterms of payment You can send message thru my email its lj_arni16yahoocomI just dont want you to think that Im just fooling you or Its a scam Anyway youcan search naman our companys background We are 24 years in the industryThanks God bless
17 MYRA | March 18 2011
i would like to ask how much does it cost to transfer a a residential house and lottitle that has an amount of P700000thanks
18 EUGENE | March 22 2011
Sir i would like to ask about the odds that i can cancel the deed of sale made for ahouse and lot ( worth 25M) of my late grandparents which was inherited by their10 siblings (which by the way havent been transferred in their names) So fartheir was no payment made yet but the buyer said that they had spent much for thepreparation (i have no idea what it means or what stage in the buying process arethey already) is there anyway that i can intervene so that i can buy the saidproperty (by the way im one of the siblings) thanks hope to hear from you assoon as possible
19 PAOLO QUIRENO | June 15 2011
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
20 JAN ALDRIN URLANDA | August 03 2011
hi im buying a condominium unit and will use pagshyibig financing is there atransfer fee that will be charge to me they said it is 48 of the amount to befinanced is it legal
21 ANTHONY FENTON | October 23 2011
hi im an Australian and would like to know if land that was given to the people ofthe Philippines under Agrarian Reform program can be sold to another Philippineperson tony Oct23 2011
22 ELMABC | January 01 2012
Hi there Our house and lot in Makati is under my fathers name My father wishesto transfer the title(s) to my brother What is the best option to do that and what arethe procedures Thank you in anticipation for your response
23 CES SUA | February 24 2012
hi Im a US citizen My brother a US citizen as well owns a condo unit in MakatiIt is fully paid but owes taxes and association dues He is no longer interested withthe property and decided instead of losing it he would transfer the ownership to meif i will pay for whatever the property owes and lift his debts in taxes andassociation Can he transfer the ownership to my name and I will pay for whateverthat was owed or does he need to pay for them first He does not want to pay for itand does not want to waste his time doing papers as well he just wants to sign atransfer documents that would lift whatever responsibility he has on the propertyto me This property has a lot of fond memories of my parents and sibling and dontwant to loose it Pls help me I need some information Thank you
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
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Manage subscriptions
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Fortnightly updates from the global property arena directly to your inbox
Email Address
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Philippines Accountants
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euro00 Condominium Quezon City
Easy Home Loans
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PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
24 MEL R RABELAS | July 22 2012
To paolo quireno You can get a licensed appraiser to give an objective valuationof your property it doesnt cost that much its better to get the help ofprofessionals to save on costs and give you advise on how to dispose yourproperly quickly and fair to both parties but be sure to hire licensed professionals
25 JIMBO DURAN | August 12 2012
Hi my parents are planning to buy a house and lot lot area is 600 sq meter thehouse is about 300 sg meter in area
When we check the lot title in the registry of deeds the title is in the name of theseller with the correct total lot area (legitimate)
But when we check on the propertys tax declaration the lot was subdivided in 3lot titles but there are only two lots with the name of the owner The 3rd lot wasnot declared In addition the house was not declared as well it is supposed to beon the same document as the lot declaration right The owner says this one(undeclared house in the declaration for tax purposes) is really not unusual theydo this to minimize the tax She said that the important thing is the lot title fromthe registry of deeds How accurate is this
What are the necessary steps that we should take before purchasing this propertymy parents are really interested with the property
Thank you very much
26 LEN GRINDULO | August 24 2012
hi my fiance and I bought a townhomes in filinvest calamba (la brisa) It is ourfirst property buy When we bought it the agent that we talked to said that thenormal processing of papers including approval of bank loan is 2shy3 months onlywe already made our full down payment last march and until now the status is stillprocessing i just want to ask how long really is the normal leadtime of paperprocessing of tax declaration and land title and bank loan approval filinvest isso inefficient that until now there is an error in the land title whatsoever it is sofrustrating how they process our papers pls help what can we do for a fasterprocessing and what can we do if still they cant process it pls help T_T
27 AYALA BACOLOD PROPERTY SPECIALIST | December 03 2012
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
toPAOLO QUIRENO
hi can i ask how will i know the current market value of my piece of land in theprovince because I want to sell it and I dont have an idea how much will I askwith my prospective buyer thanks
Hello Base on what i know there are no publications to determine the currentvalue of the real estate in the Philippines However there is a publications todetermine the zonal value of a real estate property You can check it in BIRWebsite and go to the province and city where you real estate is locatedRemember Zonal value is not the market value to compute your market value orsay the Tax Base just divide it by 020 But dont trust the Zonal Value becausemost Zonal Values Published by BIR were not updated better to contact a realestate broker or consultant to determine a market value of the property or if yourafraid the cost of services of a realtor Let him award him the transaction of thesale base on commission Else to determine the market value use the ComparativeApproch Method ask the price of the adjacent lots
28 EMILYN | December 03 2012
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
29 AYALA BACOLOD PROPERTY SPECIALIST | December 06 2012
From EMILYN
Hi My boyfriend and i planning to buy a house and lot in the philippines and werenot married yet hes going to pay for all this expenses in thru full payment and isit possible to put our both name and even were not married i am filipina and he isAustralian
Hello emilyn Foreigners can not own a real estate property in thePhilippinesHowever He can own a house a townhouse a condominium but hecannot own the lot Even you if you were married to him someday only you aFilipino citizen can own a lot unless he acquired a Filipino Citizenship Then bothyour name may appear in the Title
30 WILMALYN FALCUNAYA | January 22 2013
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
Hope you can assist me
I am planning to buy a land in our provinceThe problem is this land was awardedby the government to the owner The owner still pays for it annually So right nowthey still dont have the mother title What they have was the deed of sale and acertificate that the land was awarded to them I would like to know theconsequences of buying this land And also what can be the possible measures orsteps I should make to be able to obtain the land
31 ABBY | May 19 2013
i have a filipina friend she is a real estate broker in california and she plans to buya property here in the philippines is it possible for her to get a full commissionwhich is the 5 or she needs to have a sales consultant with regards tocommission sharing since she is not a broker here in the philippines please helpURGENT thank you
32 ANGUS LEE | July 31 2013
1Notary Fee 500 shy 1000 buyer 2Notary FeeNotary fees are generally around 1 to 3 of the property value Notary fees arenegotiableim wonder which on is correct
33 SCOTT CONVERY | August 22 2013
Are there any non Philippinos here who have obtained a mortgage for a condopuchase in Philippines Im British and looking to get a loan of roughly 50 of thepropety value for purchasing a condo in Manila I see that PNB offer mortgages toforeigners but at a rate which is about 2 higher than to locals Anyone know ifthere are some good deals out there for foreigners many thanks
34 SCOTT CONVERY | August 22 2013
Angus Lee shy it is 1shy3 for notary fee I checked with brokers when I was inManila recently I think the 5shy10 figure is a mistake
35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
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35 YHANMAR654 | August 27 2013
HiI have a condo which is not fully paid yetIm planning to get a deed oftransfer of rights because we are moving back to US next yearmy friend willcontinue the paymentsI ask the Seller regarding the transfer of rights of the unitto someonethey said that I have to pay the capital gains that is 75 of theactual price plus the processing feeIs this legal because Im not the owner yet Imstill paying for it Ill just want to transfer my rightspls give me an advicethankyou
36 CINDY | November 01 2013
My sister and I bought a house together in Manila 3 years ago She wants to sellher share I offered to buy her out but does not want to sell it to me but she wantsto sell it to my sister who I do not get along with My dad and my nieces andnephew are currently living in the house The other sister that wants to purchaseher share wants my family to move out of the house and rent out the house insteadto make profit I do not agree with this at all I just want to know if I have the first choice of buying her shareIf my other sister does become my coshyowner does she have a right to kick out myfamily out of the house without my permission
37 MAI SISON | February 25 2014
I am from the Philippines A third person who agreed to pay for the loan of aprincipal buyer because she cant pay for her land property anymore I am nowpaying the monthly amortization to the bank
How do I transfer the rights to me if the land property is already under bank loanThe bank gave me 2 options 1 Apply for loan takeout OR 2 wait until land titleis given to the principal buyer then transfer the title to me
May I know the pros and cons for the 2 options
Thank you so much
38 SIR DES | July 03 2014
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
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Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
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Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
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PROPERTY RECOMMENDATIONS
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Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
I am a foreigner and not resident in the Philippines but potentially interested inpurchasing a condo there
For me the big question is once I decide to sell the property how will I get the cashback out of the country As far as I can see there are capital controls so doing asimple FX transaction via my bank is restricted Any thoughts
39 GRACIE | July 14 2014
Hi sir des
I am currently in charge of selling my cousin condo unit in Makati CityPhilippines Its in Greenbelt Madison center of Makati City If you are interestedyou can email me milagrace_123yahoocom
40 LUCKY SMITH | May 19 2015
Hibrokers agents buyers andor sellers are welcome to post your propertylistings or to buy property through our website with no cost
PropertyAsiaph a oneshystop property search portal for property buyers and sellersoffers comprehensive listings of condominiums and house and lots for sale and forrent in the Philippines and across Asia
Its affiliated websites CondoAsiaph which showcases condominiums in thePhilippines and HousesAsiaph which specializes in house and lots in thePhilippines are seamlessly integrated into one another
Hence advertising for free your condominiums and house and lots throughPropertyAsiaph ensures their exposure across our multiple platforms
PropertyAsiaph websites are designed developed and maintained by Chanz ITBusiness Solutions Inc
Find Better Homes Here
You may visit propertyasiaph or its affiliated sites condoasiaph and housesasiaph
Login or Register to submit a comment
In order to promote open and spamshyfree conversations Global Property Guidemoderates commetns on all articles You can expect that your comment will bepublished within 24 hours
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
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shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
Featured listings
Compare Countries
Best buyshytoshylet countries RatingsMost expensive citiesPain meter buyshytoshylet profit taxesWhich economy will grow fastestCompare any countries on 6 financial dimensionsGlobal house prices in major countries
euro64302
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
Manage subscriptions
Free Newsletter
Fortnightly updates from the global property arena directly to your inbox
Email Address
Connect to professional advice in Philippines
Philippines Accountants
List your business
Condo Cebu City
euro00 Condominium Makati City
euro00 Condominium Quezon City
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
Easy Home Loans
Real Estate Listings
Furnished Apartments
Apartments For Rent
Real Estate Foreclosures
Residential Apartments
ads
About Us
The Global Property Guide story Contact us Advertise Terms of use | Privacypolicy
For Journalists
Interview our expertscontributors Cite our research Press releases
UPDATES
RSS Global Property Guide on Twitter Global Property Guide on
Facebook Global Property Guide on Linked In
For Contributors
shy50 shy57
₱ 1500₱ 429
shy72 shy82
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
Were hiring Contributing is easy and works for you
Country Search
How to find country information Data FAQs Sitemap
Services
Buy property timeshyseries and yields data Power your conference or site with ourresearch and data Sell your house abroad Get a mortage to buy a house abroad
PROPERTY RECOMMENDATIONS
Download free property reports from international research houses
Our Newsletter
Fortnightly updates from the global property arena directly to your inbox
Manage subscriptionscopy 2004shy2015 Global Property Guide All Rights ReservedChinese property buyers and Asian buyers there is great property for high networth Chinese buyers on Juwaicom
Which parts of the world are most attractive for property investment today
Click here to download our FREE Property Recommendations Reports
Close Me
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