Buying and selling agency
- Apartment/Condominium Sales: Selecting a unit, viewing the property, and negotiating the price;
- Property due diligence: verify the property certificate (CCT/TCT), check for any mortgages or tax arrears, and check the developer's qualifications and delivery records;
- Full agreement oversight: Reservation Agreement, Contract to Sell, and Deed of Absolute Sale.
Rental services
- Find properties according to budget and area (Makati / BGC / Manila Bay / Ortigas, etc.), and accompany you to view properties;
- Lease negotiation and review (generally two months' deposit and one month's rent in advance), move-in handover and transfer of water and electricity accounts;
- Assistance with rental materials and communication for expatriates.
Property management (managed rental)
- Property rental agency, tenant screening and signing;
- Rent collection, maintenance coordination, and payment of property management fees/HOA management fees;
- Monthly reports for homeowners; worry-free property management even when you're abroad.
RPT Property Tax Payment Agent (Amilyar)
- The annual property tax payable to the municipal government is paid on your behalf.
- Checking tax invoices and avoiding late payment fees is especially convenient for remote homeowners.
Transfer of Ownership and Taxation
- BIR taxes: Seller's Capital Gains Tax (CGT 6%), Buyer's Stamp Duty (DST), and application for CAR electronic authorization registration certificate;
- Registering the transfer of ownership and issuing a new title deed (CCT/TCT) at the Registry of Deeds;
- Municipal transfer tax and registration fee can be handled together.
Note to expatriates: Foreigners can legally own apartment units (total foreign ownership in the same building cannot exceed 40%), but cannot directly own Philippine land. For land-related options (long-term lease, company ownership, etc.), please consult our advisors. Specific taxes and procedures are subject to the final transaction; please contact YIXING for a one-on-one professional assessment.
