Property Buying Guide

The Transaction Costs

On top of the actual sale price, have your calculator be available for computing the

Real Estate Standard Transaction Costs in Cebu, Philippines

Purchase from Individuals:
  • Capital Gains Tax = 6% of actual sale price on the Deed of Sale or the zonal value or fair market value, whichever is higher. This is paid by the seller but in some cases it might be expected that the buyer pays. This percentage could differ if the property assessed is being used by a business or is a title- owned by a corporation, in this case the percentage is 5%
  • Documentary Stamp Tax = 1.5% of the actual sale price or zonal value or fair market value, whichever is higher. This is paid by wither the buyer or the seller upon agreement. Normally however, it is the buyer who shoulders the cost.
  • Transfer Tax = (0.5%) of the actual sale price. For Cebu = 1/2 of 1.1% (whichever is higher). Computed by prov’l assessor’s ofc. and paid at prov’l treasurer’s ofc. of cebu province, depending upon property location.
  • Registration Fee (Title) = 25% of the actual sale price or using Registration Fee Table of (ROD) Register of Deeds, whichever is higher.

The SELLER’s account or obligations:

The BUYER‘s account or obligations:

Registration Fee Table

For further details on this “Guide in Buying Properties in Cebu”, you may contact us.