Zonal Value of Inner Lot

Posted in QA on January 2nd, 2011 by admin | No comments
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Philippine Real Estate Question:

How do you determine the zonal value of an inner lot(w/ right of way only)? Do you follow the same zonal value of the front lot?

Answer:

You have to check with the BIR located in the local municipal hall where the property is located. The inner lot may have a lower zonal value than the front lot.

What other Real Estate Philippines Questions do you have? We’ll try to find an answer for you!

*we do not pretend to be an authority in this field of real estate – this is only our opinion. May we suggest if you have legal questions to always consult a legal professional (a real estate lawyer preferably).

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