The Tax You Pay Every Year.

Buying the house is a one-time cost. Amilyar (Real Property Tax) is forever. It is the tax you pay to the Local Government Unit (LGU) for owning land.

The Deadlines

• Option A (Full Payment): Pay before January 31 to usually get a 10-20% Discount. (Smart Move).
• Option B (Quarterly): Pay in 4 installments (March, June, Sept, Dec).

Assessed Value vs. Market Value

Note: You pay tax based on the Assessed Value (on your Tax Dec), not the price you bought it for. This usually makes Amilyar much cheaper than people expect.