Real Estate Taxes and Fees When Buying a House in the Philippines 2021

Buying Real Estate
When you a property in the Philippines – whether it’s a private listing or a pre-selling property, there are transfer taxes and fees that need to be paid. Usually for private listings, the selling prices are net to the seller. This means that the buyer will be the one to shoulder all taxes and fees. While the seller will shoulder the broker’s fee and update the real property tax and homeowner association dues. Some sellers include the capital gains tax in their selling price but this doesn’t happen often.

For pre-selling properties – the taxes and fees are already wrapped in the total contract price. This vlog is applicable mainly to private listings.

So what exactly are the taxes and fees that need to be paid when buying a house in the Philippines? Watch this video to find out what the real estate taxes and fees are when buying a house in the Philippines and where to pay them.

Alex Zeta
Real estate broker, Lic no 0007755
Call +63 917 851 2752
Email: TrulyWealthyAlex@gmail.com

Hi, I’m Alex, a Real Estate Broker based in Cagayan de Oro City. I started in this industry in 2011 because I love 2 things- real estate and meeting and helping people. Being a broker allows me to do both. I hope you allow me to add value to you as well. I hope you check out the daily videos I post, subscribe and share your thoughts so we can all learn from each other. I love reading comments from you so please take a second to say “Hi”:)

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