Real Estate Appraisers (REA) are real estate service professionals that can help determine the value of your property. They are registered with Professional Regulation Commission (PRC) just like Engineers, Nurses, Doctors etc. They make Appraisal Reports for clients that need it for purposes such as but not limited to: Selling/ Buying, Insurance, Accounting, Litigation/Court/Expropriation, BIR and SEC compliance. Here are the common real estate appraisal fees in The Philippines:
Residential Properties:
Lot Only: PHP 5,000 to PHP 20,000
House and Lot: PHP 10,000 to PHP 30,000
Condominium Unit: PHP 5,000 to PHP 15,000
Commercial Properties:
Office Spaces: PHP 15,000 to PHP 50,000
Retail Spaces: PHP 20,000 to PHP 60,000
Industrial Properties: PHP 20,000 to PHP 70,000
Mixed-Use Developments: PHP 20,000 to PHP 70,000
Specialized Properties:
Agricultural Land: PHP 10,000 to PHP 40,000
Special Purpose Properties (e.g., hotels, resorts, hospitals): PHP 30,000 to PHP 100,000
Vacant Land: PHP 5,000 to PHP 20,000
Note: Please be advised that the actual fee may be influenced by factors such as property size, location and specific appraisal requirements.
At Ringor Realty Brokerage and Appraisal Services, we are dedicated to delivering high-quality real estate appraisal and valuation services in The Philippines. Whether you’re buying, selling, insuring, or making important financial decisions, trust us to provide the information you need to move forward with confidence.
For more information or to schedule an appraisal, please get in touch with our team.
