Philippines real estate market — prices, rental yield and trend
- Transaction cost: 14.1%
Philippines is one of the 123 property markets Glopra tracks.
What a buyer pays in Philippines
Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 14.1% of the price here. That is above the 10.2% median across the set — the entry cost is part of the investment case here.
What it earns
We do not publish a price or a rental yield for Philippines. The public data for this market is limited to index figures that show change over time but no absolute level, and we would rather show nothing than a number we cannot stand behind.
How the tax works. Flat 25% final tax on Philippine-source gross income (NIRC § 25(B)), with rent named explicitly; a passive non-resident landlord present for less than 180 days is taxed this way regardless of the income level. The upper end of 28% includes the 3% percentage tax that applies once a residential lease exceeds PHP 15,000 a month and loses its VAT exemption (below PHP 3 million of turnover). Source: NIRC § 25.
Where the price sits against its own history
Today’s level sits 21.7% above the country’s own long-run trend. A gap that size does not have to close, but it is the number to watch.
Who can buy in Philippines
Condo freehold (40% cap); land not permitted. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
Sources: GPG Philippines · globalpropertyguide.com · bworldonline.com · numbeo.com. Snapshot: 2026-09-13.