Cagsawa Church, Mayon Volcano, Bicol Region Max and Edith Ricketts

Specializing in Ayala Alabang Village sales:

The current bank exchange rate is P41.55/40.79: US$1.00: Buying/Selling Dollars.

Max and Edith Ricketts: We specialize in Ayala Alabang Village sales. We also have a wide range of listings of homes, condominium-apartments and lots in prime Metro Manila areas. Following is some information on fees and procedures associated with real estate sales in the Philippines. Sellers that are corporations or real estate dealers are subject to a 7.5% creditable withholding tax. Sales made by corporations or real estate dealers are also subject to a Value Added Tax (VAT) of ten percent (10%) of gross sale price. Sellers who are individuals pay a final capital gains tax of six percent (6%) of gross sale price. Individuals are exempt from the VAT tax on sale of their personal residences. Buyers usually pay Documentary Stamps (1.5% of gross sale price), Transfer Tax (0.5% of gross sale price) and Registration Fees (less than 0.1% of gross sale price). The Bureau of Internal Revenue (BIR) has established Zonal Valuations for properties throughout Metro Manila. If the gross sale price is less than Zonal Value, then Zonal Value is used in lieu of gross sale price for the purpose of computing the base upon which the above percentage taxes are applied. In all sales transactions handled through our office, we verify validity of titles and process documents personally, professionally, expeditiously and discretely. For foreign investors: Foreigners may buy undivided interests in real property up to 40%. That is, they may buy complete interest in individual condominiums and townhouses, provided 60% of the project owners are Filipino citizens; and, foreigners may buy homes and land via partnerships or corporations, provided the partnerships or corporations are 60% owned by Filipino citizens. Owners of real property are required to file annual tax returns with the Bureau of Internal Revenue. Generally, local bank financing of real estate is not available for non-Filipino citizens.

Homes for Sale (Ayala Alabang Village area):

Ayala Alabang Village Vicinity (Muntinlupa City, Las Piñas, Parañaque):

Ayala Alabang Village (Metro Manila's premier residential subdivision):

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• Check with Naldo-Ricketts Realty for listings. Ayala Alabang Village sale prices from P13 million to P170 million.

Ayala Alabang Village Vacant Residential Lots for Sale:

Click here for photos of and further information on Ayala Alabang Village

• Check with Naldo-Ricketts Realty for listings. Lots available from P18,500/sqm.

Alabang Hills (Muntinlupa City):

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BF Homes:

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Hillsborough:

• Check with Naldo-Ricketts Realty for listings. Lots for sale here from P8,500/sqm.

Merville Park:

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Makati (Metro Manila's central business district):

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• Homes in Makati Village available for sale from P52 million to P320 million.
• Featured Listing: Developers! Investors! San Antonio Village, Makati: 8453 Mayapis Street, corner Anubing Street. Apartments 9516, 9516-A, 9516-B, 9516-C, 9516-D. Six-dorr apartment VACANT. Lot size: 278 sqm. Sale Price: P17,000/sqm.

• Check with Naldo-Ricketts Realty for listings.

Forbes Park Village:

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Urdaneta Village:

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• Check with Naldo-Ricketts Realty for listings.

Bel Air Village:

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Magallanes Village:

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San Miguel Village:

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San Juan, Ortigas and Pasig (Greenhills, Corinthian Gardens and Valle Verde) - Homes for Sale:

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• Homes for sale from P16 million to P70 million.

Corinthian Gardens:

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Valle Verde

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Quezon City:

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