Can foreigners buy property in the Philippines?

Yes. Foreign nationals can purchase condominium units in the Philippines under the Condominium Act (R.A. 4726), which allows foreigners to own up to 40% of a condominium building's total units on a freehold basis.

What is the rental yield for condos in BGC?

Gross rental yields in BGC range from 7% to 9% depending on unit size, building quality, and location. Smaller units in well-managed buildings can push above 9%.

Which is better for investment, BGC or Makati?

BGC wins on rental yield (7-9% vs 6-8%), Makati wins on resale liquidity and brand prestige. The best approach is to hold one of each.

What are the taxes when buying property in the Philippines?

VAT (12%), Documentary Stamp Tax (1.5%), Transfer Tax (0.75%), Registration Fee (0.25%). Annual: Real Property Tax (1-2%) and HOA dues (P60-150/sqm/month).

What is the current home loan interest rate in the Philippines?

As of 2026, Philippine bank mortgage rates typically range from 6.25% to 7.5% per annum for fixed-rate periods. BDO offers around 6.5%, BPI around 6.75%, and Metrobank around 7.0%. Rates vary depending on loan amount, term, and borrower profile.

Can foreigners get a home loan in the Philippines?

Some Philippine banks do offer mortgage loans to foreign nationals for condominium purchases, including BDO, BPI, and RCBC Savings Bank. Requirements typically include proof of income, valid visa, and compliance with the 40% foreign ownership quota. Loan-to-value (LTV) ratios for foreigners may be lower (60–70% vs 80% for Filipinos).

What is the maximum loan term for property in the Philippines?

Most major Philippine banks offer home loan terms of up to 20 years for condominium purchases. The maximum term is generally 20 years for BDO, BPI, and Metrobank, while smaller banks may cap at 15 years. Shorter terms result in higher monthly payments but less total interest paid.

Can foreigners buy property in the Philippines?

Yes. Foreign nationals can purchase condominium units in the Philippines under the Condominium Act (R.A. 4726), which allows foreigners to own up to 40% of a condominium building's total units on a freehold basis.

What is the rental yield for condos in BGC?

Gross rental yields in BGC range from 4% to 6.5% depending on unit size, building quality, and location. Smaller units in well-managed buildings can push above 7%.

Which is better for investment, BGC or Makati?

For pure investment returns: BGC wins with faster appreciation, better liquidity. For capital preservation: Makati wins with deeper secondary market. The best approach is to hold one of each.

What are the taxes when buying property in the Philippines?

VAT (12%), Documentary Stamp Tax (1.5%), Transfer Tax (0.75%), Registration Fee (0.25%). Annual: Real Property Tax (1-2%) and HOA dues (P60-150/sqm/month).

What is the current home loan interest rate in the Philippines?

As of 2025, Philippine bank mortgage rates typically range from 6.25% to 7.5% per annum for fixed-rate periods. BDO offers around 6.5%, BPI around 6.75%, and Metrobank around 7.0%. Rates vary depending on loan term, amount, and borrower profile.

Can foreigners get a home loan in the Philippines?

Some Philippine banks do offer mortgage loans to foreign nationals for condominium purchases, including BDO, BPI, and RCBC Savings Bank. Requirements typically include proof of income, valid visa, and compliance with the 40% foreign ownership quota. Loan-to-value (LTV) ratios for foreigners may be lower (60–70% vs 80% for Filipinos).

What is the maximum loan term for property in the Philippines?

Most major Philippine banks offer home loan terms of up to 20 years for condominium purchases. The maximum term is generally 20 years for BDO, BPI, and Metrobank, while smaller banks may cap at 15 years. Shorter terms result in higher monthly payments but less total interest paid.

Luxury MakatiPrime Real Estate

AI Concierge List Property

Home/Tools/Loan Calculator

Loan Calculator

Calculate monthly mortgage payments for Philippine bank loans. Compare rates from BDO, BPI, Metrobank, and more.

Property Price (₱)

Down Payment: 20%(₱2,000,000)

10%20%30%40%50%

Loan Term (years)

Interest Rate (% p.a.)

Philippine Bank Rates 2025

BDO Unibank

Foreign OK

Rate

6.5%

Max Term

20 yrs

Max LTV

80%

BPI (Bank of Philippine Islands)

Foreign OK

Rate

6.75%

Max Term

20 yrs

Max LTV

80%

Metrobank

Foreign OK

Rate

Max Term

20 yrs

Max LTV

75%

Security Bank

Rate

6.25%

Max Term

20 yrs

Max LTV

80%

RCBC Savings Bank

Foreign OK

Rate

7.5%

Max Term

15 yrs

Max LTV

70%

EastWest Bank

Rate

7.25%

Max Term

15 yrs

Max LTV

75%

* Rates are indicative as of 2025. Actual rates depend on loan amount, term, borrower profile, and bank policy. Rates for foreign borrowers may differ. Always consult the bank directly.

RUI — Ask Anything

Luxury Makati · AI Concierge

Concierge

Welcome to Luxury Makati. Are you looking to rent or buy in Manila?

Luxury Makati · AI ConciergeEN

WhatsApp Us