15/04/2021
REAL ESTATE INFORMATION
VAT (VALUE ADDED TAX)
Do you know that VAT is 12% of the total contract price of property purchased from P3,199,200 and up?
So if you purchase a property that is P3,199,200 you will already have a VAT of 12%. The additional amount to be added to Price is Php 383,904.
Unit Price : 3,199,200
12% VAT : 383,904
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Total Price : 3,583,104
In line with this, if you are planning to get an investment without VAT, now is the best time to check our projects.
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Now is the best time to purchase house and lot. And some developers now is preparing for this na kaya anytime soon this year iadjust na nila ang mga prices!
TRAIN LAW IN REAL ESTATE IS REAL
Nag-canvass ka noon, iba na ang presyo ngayon. Nag-tripping ka noon pero hindi ka pa kumuha, sunod na buwan, sunod na taon, mas mataas na ang presyo.
Noong 2018 na-implement from
3,199,200.00 to 2,500,000.00 (House & Lot) at 1,919,000.00 to 1,500,000.00 (Lot only) ang NEW VAT THRESHOLD.
Mas bumaba na ang threshold ng VAT. Ibig sabihin kung ang house and lot na plano mong kunin ay more than 2.5M ay may VAT na.
This 2021. RESIDENTIAL LOTS: Lahat may VAT na po. House and Lot: 2,000,001 pataas, Vatable na din po.
If you are planning to buy properties, now is the best time.
If you have any question, feel free to ask and we are more than willing to help you po :)