The down payment typically ranges from 10% to 30% of the total price, depending on the property developer and payment terms. Flexible payment plans are often available to accommodate different budgets.

Buyers can finance their property purchase through various options:

Pag-IBIG Housing Loan: For Filipino citizens, the government’s Pag-IBIG Fund offers affordable home loan options.

Bank Financing: Most local and international banks offer home loans for qualified buyers.

In-House Financing: Some developers offer direct financing options with competitive interest rates.

The process timeline depends on various factors such as financing approval, documentation, and developer requirements. Typically, it can take anywhere from a few weeks to several months, especially for pre-selling properties.

Ready-for-occupancy (RFO) units are fully constructed properties that are ready to be lived in. These are ideal for buyers who need to move in quickly or want to see the actual unit before purchasing.

Pre-selling units are properties that are still under construction or in the planning stages. These units are usually offered at a lower price with flexible payment terms.

Yes, Filipino citizens living abroad and foreign nationals can purchase properties in the Philippines. Transactions can be done online or through a legally appointed representative. We offer assistance throughout the process, including providing property tours, documentation, and coordination with financing institutions.

The Philippine real estate market offers strong investment potential due to the country’s growing economy, increasing demand for housing, and strategic location in Southeast Asia. Properties in prime locations tend to appreciate over time, making them a valuable asset for both end-users and investors.

Simply browse our listings and contact one of our International Property Specialists to schedule a consultation. We’ll guide you through the entire process—from choosing the right property to closing the deal.

A reservation fee is a payment made to temporarily hold a property for you while you complete the necessary requirements and paperwork. It is usually non-refundable but is deducted from the total down payment if the purchase proceeds.

Transferring property ownership involves several steps, including the execution of a Deed of Absolute Sale, payment of transfer taxes and registration fees, and the submission of necessary documents to the local Registry of Deeds. We offer assistance with the entire process to ensure a smooth transfer.

The typical documents required are:

• Proof of down payment
• Two valid government-issued IDs
• Tax Identification Number (TIN)
• Proof of income (payslips, bank statements, or Certificate of Employment)
• Reservation Agreement (for pre-selling units)
• Special Power of Attorney (for buyers residing abroad)

Leasehold: The buyer leases the land or property for a specific number of years (up to 50 years, renewable for another 25 years). This is common for foreign buyers, especially for land.

Freehold: A property is owned indefinitely by the buyer. This is the most common form of property ownership for Filipino citizens.

Factors to consider include:

• Current market conditions
• Location (proximity to business districts, schools, and transportation)
• Developer reputation
• Property appreciation trends
• Rental potential (for investment properties)
• Upcoming infrastructure developments (e.g., new roads, airports)

Yes, you can sell a property even if it’s still under financing. However, the buyer must assume responsibility for any outstanding loan balance or you may pay it off early before transferring ownership. Consult with your bank or financing institution for details on the process.

A Condominium Corporation is a legal entity that manages the common areas and facilities of the condo, such as the lobby, pool, elevators, and security. Owners of individual units are automatically members and pay monthly dues for the upkeep of these areas.

A Homeowners’ Association (HOA) is a group formed by the residents of a residential subdivision or community. Membership is often mandatory and dues are used for the maintenance of shared areas, security, and community activities. Participation ensures the smooth functioning and safety of the community.

Tax Declaration: A document used for tax purposes, showing the property’s assessed value for real estate taxes. Having a Tax Declaration alone does not confer ownership rights; the Title is the main document for proving ownership.

Title: A legal document proving ownership of a property, issued by the Registry of Deeds.

Property owners are required to pay annual real estate taxes based on the assessed value of their property. The rate varies depending on the location, but it generally ranges between 1% and 2% of the property’s assessed value. Failure to pay property taxes can result in penalties or property auction by the government.

The Maceda Law, or the “Realty Installment Buyer Protection Act,” provides buyers of real estate with certain rights, such as the right to reinstate the contract, refund payments after a certain period of default, and more favorable terms in case of installment defaults. It applies to those who have paid at least two years of installment payments.

Pre-selling units typically come at a lower price than ready-for-occupancy units. Developers may also offer more flexible payment terms and allow buyers to customize their units. Additionally, pre-selling units often appreciate in value as construction progresses, offering potential gains for investors.

When buying from a developer, it’s important to research their track record. Look into:

• Warranties and after-sales support
• Completed projects and their quality
• Client reviews and testimonials
• Their financial stability
• Accreditation with relevant Philippine real estate organizations (e.g., the Housing and Land Use Regulatory Board, HLURB)

Property appreciation refers to the increase in a property’s value over time. Factors such as location, development, and infrastructure improvements can lead to appreciation. Real estate is often considered a good long-term investment as property values generally rise over time.

If you want to rent out your property, you can either manage it yourself or hire a property management company to handle tenant screening, maintenance, and rent collection. Rental income is subject to taxes, so it’s important to comply with BIR regulations.

Residential leases typically last for one year, with an option to renew. Shorter-term leases (e.g., six months) are also possible, depending on the agreement between the landlord and tenant. For commercial leases, the duration may range from 3 to 10 years, or longer

When buying a condominium, consider the following:

• Future development plans for the area
• Size and layout (to suit your needs)
• Amenities (e.g., swimming pools, gyms, parks)
• Maintenance fees (monthly dues)
• Developer reputation
• Location (accessibility to work, schools, and recreation)

To apply for a Pag-IBIG housing loan, you must be an active Pag-IBIG member. The requirements typically include a duly accomplished application form, proof of income, and the property’s title and other relevant documents. We can assist you with the process to ensure a seamless application.

Yes, you can co-own property in the Philippines with family members, partners, or friends. All co-owners will be named on the property Title, and responsibilities for payment can be divided as agreed. It’s important to have clear agreements in place regarding usage, management, and potential future sale of the property.

To sell your property, you will need to:

• Coordinate with a lawyer for the Deed of Sale and other legal documents to finalize the sale.
• Secure a copy of the Title and necessary documents.
• Determine the fair market value of your property.
• Market the property to potential buyers or list it with a real estate broker.
• Ensure you settle any outstanding taxes or fees.

Yes, foreigners can own condominium units in the Philippines, provided that foreign ownership does not exceed 40% of the condominium corporation. However, land ownership is restricted to Filipino citizens or corporations with at least 60% Filipino ownership. Foreigners may lease land for up to 50 years, with the option to renew for another 25 years.

If one of the spouses is a foreign national, the following guidelines will be applicable when purchasing different types of properties:

1. Condominium Unit: Both spouses are eligible to acquire condominium units.
2. House and Lot/Townhouse Unit: Only the Filipino spouse is allowed to purchase a house and lot or townhouse unit. However, it is important for the Filipino spouse to include the name of the foreign spouse in all the relevant transaction documents.

Yes, minors are allowed to participate in property transactions, provided they are represented by their parents or legal guardians. In case the parents are deceased, the legal guardian assumes this responsibility. To register the property purchased by the minor, it is necessary to submit an original and properly notarized Affidavit of Parents (minor buyer). If the transaction takes place outside the Philippines, the affidavit should be consularized.

Account Adjustments or Changes after Purchase

*Note: Maintaining accurate and up-to-date information is crucial for any communication regarding your purchased unit, bank documentation, and the title transfer process. If there are any amendments or changes you would like to make, please complete the Buyer’s Information Sheet and return it to us along with your request letter and any other required documents.

Under the regulations stated in the Family Code, it is automatically assumed that any property acquired by a married individual will be included in the absolute community of property (or conjugal partnership if the spouses were married before August 3, 1987). This presumption can be overridden if the spouses had agreed to a separation of property prior to their marriage or if one of the spouses provides a sworn statement (known as an Affidavit of Paraphernal/Separate Property). The Affidavit declares that the funds used to purchase the property do not derive from the couple’s shared assets, but instead come from the personal, paraphernal, or separate funds owned by one of the spouses. It is important to note that the Affidavit of Paraphernal/Separate Property must be properly notarized or consularized if executed outside the Philippines.

To complete the reservation process for an individual account, please follow these steps:

1. Fill up the Reservation Application form provided by your Account Manager.
2. Fill up the Individual Buyer Information Sheet (BIS) for all buyers, including the spouse (if married).
3. Make the payment for the Reservation Fee. You can pay in cash, by check, remittance, or auto-debit.
   • If paying by check, it must be made payable to Ayala Land.
   • If paying in cash, please make the payment directly at the Ayala Land Corporation’s cashier.
4. Submit a valid government-issued ID with picture and signature for all buyers, including the spouse (if married).
5. Provide the Tax Identification Number (TIN) ID for all buyers, including the spouse (if married).
6. Submit either the Community Tax Certificate (CTC) for the current calendar year or a valid Passport for all buyers, including the spouse (if married).
7. Provide proof of billing address, which should match the address indicated in the BIS.
8. Submit a signed Floor Plan/Layout of the reserved unit.

For a corporate account, please follow these steps:

1. Fill up and sign the Reservation Application form with the duly authorized signatory/ies of the corporation.
2. Fill up the Corporate Buyer Information Sheet (BIS).
3. Submit the following corporate documents:
   • Secretary’s Certificate/Board Resolution allowing the company to purchase a property with Ayala Land and designating authorized signatories (original copy).
   • Certified true copy of the Articles of Incorporation and By-Laws.
   • Certified true copy of the SEC Registration.
4. Provide a valid government-issued ID with picture and signature for the members of the Board of Directors, Corporate Secretary, and authorized representatives/designated signatories.
5. Provide the Tax Identification Number (TIN) ID for both the company and its authorized representatives/designated signatories.
6. Submit either the Community Tax Certificate (CTC) for the current calendar year or a valid Passport for the authorized representatives/designated signatories.
7. Provide proof of billing address, which should match the address indicated in the BIS.
8. Submit a signed Floor Plan/Layout of the reserved unit.