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Philippines Real Estate Cebu Manila Philippine Properties


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Real Estate Trends


Real Estate Trends
For Buyers Sellers Developers Builders Bankers Brokers Agents

• Philippines Real Estate Mortgage Loans

Typical Philippine real estate mortgage loan annual interest rates are anywhere from 7% to 9% with the Philippine banks currently, and 10% to 15% plus with the Philippine real estate developers and their projects. Check with the Philippine Central Bank for more indications of lowering or raising of Philippine interest rates on how they affect the Philippine bank loan rates.

• Philippines Mortgage Loan Terms

Typical financing term period on mortgage loans is 1 to 10 years. When applying for a loan from a Philippine lender, provide copies of your asset, debt, income statements and two years tax returns.

• Philippines Escrow Services

Philippine banks are the common entities to setup an escrow for transacting Philippine real estate transactions. Contact the Philippine banks listed below and compare their costs.

• Philippine Real Estate Sales Transaction & Closing Costs

Buyers transaction or closing costs include the following. Documentary Tax - P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Transfer Tax - P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Registration Fee - P1.50 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. The seller is responsible for transaction closing cost of capital gains tax.

• Philippine International Banks

Philippine Banks

Citibank Philippines

Philippine Banks

HSBC Hong Kong Shanghai Bank

Philippine Banks

Standard Charter Philippines


• Philippine Domestic Banks

Philippine Banks

Banco de Oro

Philippine Banks

BPI Bank of the Philippine Islands

Philippine Banks

Metrobank

Philippine Banks

Unionbank


• Philippine Economy Investments & Business

Agriculture Philippines

Agriculture Philippines

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Best Asia FX Broker World Finance Award

Rich Dad Pinoy

Rich Dad Pinoy - New School Financial Intelligence

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Business Mirror Philippines

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Makati Business Club

Philippine Economy Investments & Business

Philippine Business

Philippine Economy Investments & Business

Philippine Daily Inquirer


 

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