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This guide covers everything you need to know about renting out residential property in Calabarzon as a foreigner in 2026.
We constantly update this blog post with fresh data, real market numbers, and regulatory changes affecting foreign landlords in the region.
The information here is based on primary Philippine law sources, official government data, and verified market analytics.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Calabarzon.
Insights
- Tagaytay short-term rentals in Calabarzon average only 28% to 31% occupancy, meaning most Airbnb investors earn money mainly on weekends and holidays rather than consistently throughout the year.
- Foreigners can legally own condominiums in Calabarzon but cannot own land directly, which makes condos the dominant investment vehicle for non-Filipino rental investors in the region.
- The rent control cap in the Philippines applies only to units rented at 10,000 pesos or below per month, so most Calabarzon investment properties fall outside this restriction.
- Gross rental yields in Calabarzon typically range from 4% to 6%, but after vacancy, taxes, and condo dues, net yields often compress to 2.5% to 4.5%.
- Bacoor, Imus, and Dasmarinas in Cavite consistently rank among the highest-demand long-term rental areas in Calabarzon because of their commuter access to Metro Manila.
- There are over 4,000 active Airbnb listings in Tagaytay alone as of early 2026, making it one of the most saturated short-term rental markets in the Philippines.
- Furnished rentals in Calabarzon typically rent 10% to 20% faster than unfurnished units, especially near industrial zones and in tourist areas like Tagaytay.
- A foreign landlord in Calabarzon does not need to be a Philippine resident to rent out property, but registering for a Tax Identification Number with the BIR is practically required for compliance.
Can I legally rent out a property in Calabarzon as a foreigner right now?
Can a foreigner own-and-rent a residential property in Calabarzon in 2026?
As of early 2026, foreigners can legally own and rent out condominium units in Calabarzon, but they cannot own land directly due to constitutional restrictions that reserve land ownership for Filipino citizens and Filipino-majority corporations.
The most common ownership structure for foreign rental investors in Calabarzon is purchasing a condo unit outright under their own name, as the Condominium Act (RA 4726) allows foreigners to own up to 40% of the total units in any condominium development.
The single biggest restriction foreigners face is that they cannot buy house-and-lot properties with land titles, which means their only practical alternatives are condo ownership, long-term land leases of up to 50 years (renewable for 25 more), or forming a Filipino-majority corporation to hold the property.
If you're not a local, you might want to read our guide to foreign property ownership in Calabarzon.
Do I need residency to rent out in Calabarzon right now?
No Philippine residency is required to rent out property in Calabarzon, as the lease framework under the Civil Code treats rental contracts as enforceable agreements regardless of where the lessor lives.
However, you will practically need a Philippine Tax Identification Number (TIN) to comply with the Bureau of Internal Revenue's requirements for rental income reporting and to issue official receipts to tenants.
A local Philippine bank account is not legally mandatory, but it is strongly recommended because tenants overwhelmingly prefer paying via local bank transfer or e-wallet, and a local account simplifies income documentation for tax filing.
Managing a Calabarzon rental remotely from abroad is feasible if you hire a local property manager or have a trusted contact who can handle tenant communications, maintenance requests, and compliance paperwork on your behalf.
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What rental strategy makes the most money in Calabarzon in 2026?
Is long-term renting more profitable than short-term in Calabarzon in 2026?
As of early 2026, long-term renting is generally more profitable for most Calabarzon landlords because it delivers steadier net returns with lower operating costs, unless you own a premium property in Tagaytay where short-term demand is concentrated.
A well-managed long-term rental in Calabarzon typically generates 150,000 to 300,000 pesos per year ($2,500 to $5,000 USD or 2,200 to 4,300 euros) in net rental income after costs, while a Tagaytay short-term rental averages around 320,000 to 400,000 pesos ($5,400 to $6,700 USD or 4,600 to 5,800 euros) gross but often nets less after platform fees, cleaning, and vacancy.
Short-term renting financially outperforms long-term renting only in proven leisure destinations like Tagaytay, properties with premium views or resort-style amenities, and units professionally managed with dynamic pricing strategies.
What's the average gross rental yield in Calabarzon in 2026?
As of early 2026, the average gross rental yield for residential properties in Calabarzon ranges from 4% to 6%, depending on location, property type, and purchase price.
The realistic low-to-high range spans from around 3.5% for premium lifestyle properties in places like Nuvali or Tagaytay Highlands, up to 6.5% for well-located commuter condos in Bacoor, Imus, or Calamba where purchase prices remain more affordable.
Smaller units like studios and one-bedroom condos near industrial zones or transport hubs typically achieve the highest gross yields in Calabarzon because they attract steady demand from workers and young professionals while keeping purchase prices relatively low.
By the way, we have much more granular data about rental yields in our property pack about Calabarzon.
What's the realistic net rental yield after costs in Calabarzon in 2026?
As of early 2026, the average net rental yield after all costs for residential properties in Calabarzon typically falls between 2.5% and 4.5%, with long-term rentals at the higher end and short-term rentals often netting less due to operational expenses.
Most Calabarzon landlords realistically experience net yields of 2% to 3% for premium locations like Tagaytay or Nuvali, and 3.5% to 4.5% for commuter-oriented condos in Cavite and Laguna where purchase prices are more reasonable.
The three main cost categories that reduce gross yield to net yield in Calabarzon are condo association dues (which can run 50 to 120 pesos per square meter monthly and add up fast for small units), vacancy allowances (typically one month per year for well-priced properties), and BIR tax compliance costs including registration fees and income tax on rental earnings.
You might want to check our latest analysis about gross and net rental yields in Calabarzon.
What monthly rent can I get in Calabarzon in 2026?
As of early 2026, typical monthly rents in Calabarzon range from around 12,000 pesos ($200 USD or 175 euros) for a basic studio to 40,000 pesos ($675 USD or 580 euros) for a standard two-bedroom apartment, with significant variation by location and amenities.
A realistic entry-level monthly rent for a decent studio in Calabarzon is 10,000 to 18,000 pesos ($170 to $300 USD or 145 to 260 euros), depending on whether it's in a basic commuter area like Dasmarinas or a more developed location like Santa Rosa.
A typical one-bedroom apartment in Calabarzon rents for 15,000 to 25,000 pesos per month ($250 to $420 USD or 220 to 360 euros) in most commuter and industrial belt areas, with higher rents in premium enclaves.
A standard two-bedroom apartment in Calabarzon commands 22,000 to 40,000 pesos monthly ($370 to $675 USD or 320 to 580 euros), with the upper end found in lifestyle areas like Nuvali, Tagaytay, and executive subdivisions.
If you want to know more about this topic, you can read our guide about rents and rental incomes in Calabarzon.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in the Philippines versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the real numbers I should budget for renting out in Calabarzon in 2026?
What's the total "all-in" monthly cost to hold a rental in Calabarzon in 2026?
As of early 2026, the total all-in monthly cost to hold and maintain a typical condo rental in Calabarzon ranges from 4,000 to 12,000 pesos ($65 to $200 USD or 58 to 175 euros), depending on unit size, building quality, and location.
A realistic low-to-high monthly cost range for most standard rental properties in Calabarzon is 3,500 pesos ($60 USD or 50 euros) for a small studio in a basic building, up to 15,000 pesos ($250 USD or 220 euros) for a larger unit in a premium development with high association dues.
The single largest contributor to monthly holding costs in Calabarzon is typically condo association dues, which commonly run 50 to 120 pesos per square meter per month and can easily total 2,500 to 6,000 pesos monthly for a mid-sized unit, often exceeding property taxes and repairs combined.
You want to go into more details? Check our list of property taxes and fees you have to pay when buying a property in Calabarzon.
What's the typical vacancy rate in Calabarzon in 2026?
As of early 2026, the typical vacancy rate for rental properties in Calabarzon ranges from 3% to 8% for long-term rentals in prime areas, while short-term rentals in Tagaytay experience effective vacancy rates of 70% or more due to low weekday demand.
A landlord in Calabarzon should realistically budget for one month of vacancy per year for a well-priced long-term rental, or two to three months if the property is overpriced, in a niche location, or competing with heavy new supply.
The main factor driving vacancy differences across Calabarzon neighborhoods is proximity to employment centers, with areas near industrial parks, BPO hubs, and major transport routes consistently filling faster than lifestyle-oriented locations that depend on weekend or seasonal demand.
Vacancy and tenant turnover in Calabarzon typically peak between March and May when lease cycles align with the Philippine school year and workers relocate for new jobs, making this the most challenging period to avoid gaps between tenants.
We have a whole part covering the best rental strategies in our pack about buying a property in Calabarzon.
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Where do rentals perform best in Calabarzon in 2026?
Which neighborhoods have the highest long-term demand in Calabarzon in 2026?
As of early 2026, the top three neighborhoods with the highest overall long-term rental demand in Calabarzon are Bacoor, Imus, and Dasmarinas in Cavite, all driven by their commuter access to Metro Manila via CAVITEX and strong local employment bases.
Families looking for long-term rentals in Calabarzon concentrate in Santa Rosa and Binan in Laguna (especially near Nuvali and Southwoods), Calamba, and select executive subdivisions in Antipolo, where schools, green spaces, and gated security appeal to household renters.
Student rental demand in Calabarzon is strongest in Los Banos (near UPLB), Calamba, Batangas City, and Lipa, where university clusters create consistent, price-sensitive tenant pools that fill affordable studios and shared apartments.
Expats and international professionals seeking long-term rentals in Calabarzon typically gravitate toward Nuvali in Santa Rosa, premium Tagaytay pockets, and select Antipolo ridge-view communities, where higher-end amenities and lifestyle positioning match their expectations.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Calabarzon.
Which neighborhoods have the best yield in Calabarzon in 2026?
As of early 2026, the top three neighborhoods with the best rental yields in Calabarzon are Bacoor, Imus, and Dasmarinas in Cavite, along with Calamba and Binan in Laguna, where purchase prices remain accessible while rental demand stays strong.
The estimated gross rental yield range for these top-yielding neighborhoods in Calabarzon is 5% to 6.5%, compared to 3.5% to 4.5% in premium lifestyle areas where property prices have been bid up by branding and amenities.
The main characteristic that allows these neighborhoods to achieve higher yields is their broad tenant base spanning industrial workers, BPO employees, and Metro Manila commuters, which reduces vacancy risk and supports rents without the premium purchase prices found in lifestyle destinations like Tagaytay or Nuvali.
We cover a lot of neighborhoods and provide a lot of updated data in our pack about real estate in Calabarzon.
Where do tenants pay the highest rents in Calabarzon in 2026?
As of early 2026, the top three neighborhoods where tenants pay the highest rents in Calabarzon are Nuvali in Santa Rosa (Laguna), prime Tagaytay areas (Cavite), and select executive villages in Antipolo (Rizal), where lifestyle positioning and security command premium pricing.
Typical monthly rents for a standard two-bedroom apartment in these premium Calabarzon neighborhoods range from 35,000 to 60,000 pesos ($590 to $1,010 USD or 510 to 870 euros), with larger homes and luxury units reaching significantly higher.
The main characteristic that makes these neighborhoods command the highest rents is their combination of master-planned community amenities, proximity to nature or cooler climates, and the perception of exclusivity that attracts higher-income tenants willing to pay for lifestyle quality over pure convenience.
The typical tenant profile in these highest-rent Calabarzon neighborhoods includes C-suite executives and senior managers from multinational companies, affluent retirees seeking climate benefits, business owners wanting weekend retreats, and expatriate families prioritizing international schools and secure gated communities.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of the Philippines. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
What do tenants actually want in Calabarzon in 2026?
What features increase rent the most in Calabarzon in 2026?
As of early 2026, the top three property features that increase monthly rent the most in Calabarzon are expressway proximity (SLEX, CAVITEX, CALAX access), strong and reliable internet connectivity for remote work, and secured parking within a gated community, all reflecting the region's commuter and work-from-home-oriented tenant base.
Expressway access and commute time savings can add a 10% to 15% rent premium in Calabarzon because tenants directly value every minute shaved off their daily travel to Metro Manila, making location near toll exits a major differentiator.
One commonly overrated feature that landlords invest in but tenants do not pay much extra for in Calabarzon is high-end kitchen finishes or premium appliances, since most tenants prioritize location and internet reliability over luxury cooking setups they rarely use.
One affordable upgrade that provides a strong return on investment for Calabarzon landlords is installing blackout curtains and ensuring the unit has at least one powerful split-type air conditioning unit, since heat and humidity management directly affects tenant satisfaction and retention.
Do furnished rentals rent faster in Calabarzon in 2026?
As of early 2026, furnished apartments in Calabarzon typically rent 10% to 20% faster than unfurnished units, with the biggest time-to-rent advantage seen near industrial zones, in areas with transient worker demand, and in Tagaytay where tenants expect move-in-ready units.
Furnished rentals in Calabarzon command a rent premium of roughly 10% to 25% over comparable unfurnished units, though this premium narrows for family-oriented properties where tenants prefer to bring their own furniture.
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How regulated is long-term renting in Calabarzon right now?
Can I freely set rent prices in Calabarzon right now?
Landlords in Calabarzon can freely set initial rent prices for most mid-market and upper-market rental properties, as rent control restrictions only apply to units rented at 10,000 pesos per month or below.
For units that fall under the Rent Control Act (RA 9653), annual rent increases are capped, with the most recently reported limit set at 2.3% for units at 10,000 pesos or below per month under NHSB Resolution No. 2024-001, so landlords targeting budget tenants cannot rely on aggressive rent bumps.
What's the standard lease length in Calabarzon right now?
The standard lease length for residential rentals in Calabarzon is one year, renewable by mutual agreement, which aligns with common practice across the Philippines for long-term tenancies.
Landlords in Calabarzon typically require two months' security deposit plus one month's advance rent, though units under rent control coverage may face deposit limitations, while higher-end properties sometimes negotiate three months' deposit.
Security deposits in Calabarzon must be returned to the tenant at the end of the lease after deducting legitimate charges for unpaid utilities, damages beyond normal wear and tear, and any outstanding rent, with the Civil Code providing the general framework for fair contract enforcement.
We made this infographic to show you how property prices in the Philippines compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
How does short-term renting really work in Calabarzon in 2026?
Is Airbnb legal in Calabarzon right now?
Airbnb-style short-term rentals are legal in Calabarzon, but they are treated more like a hospitality business than a simple lease, requiring compliance with local government permits, BIR tax registration, and often condo association rules.
Operating a short-term rental in Calabarzon typically requires a barangay clearance, a mayor's permit or business permit from the local government unit, and BIR registration to issue receipts and file taxes on rental income.
Calabarzon does not have a region-wide annual night limit for short-term rentals, but individual condominiums and homeowners associations frequently impose their own restrictions or outright bans, so checking your specific building's rules is essential before listing.
The most common penalty for operating an unlicensed or non-compliant short-term rental in Calabarzon is fines from the LGU, potential eviction from the condo association, and tax penalties from the BIR for unreported income, though enforcement varies significantly by locality.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Calabarzon.
What's the average short-term occupancy in Calabarzon in 2026?
As of early 2026, the average annual occupancy rate for short-term rentals in Calabarzon's main STR market, Tagaytay, is approximately 28% to 31%, reflecting the weekend-and-holiday-driven nature of leisure demand in the region.
The realistic low-to-high occupancy range for Calabarzon short-term rentals spans from around 10% to 15% for poorly managed or overpriced units, up to 50% to 60% for top-performing properties with premium views, strong reviews, and dynamic pricing strategies.
The highest occupancy months for short-term rentals in Calabarzon are December through March, driven by holiday travel, cooler weather, and peak domestic tourism from Metro Manila residents escaping the city heat.
The lowest occupancy months for short-term rentals in Calabarzon are June through September, coinciding with the rainy season when travel to leisure destinations like Tagaytay drops significantly and weekday bookings become rare.
Finally, please note that you can find much more granular data about this topic in our property pack about Calabarzon.
What's the average nightly rate in Calabarzon in 2026?
As of early 2026, the average nightly rate for short-term rentals in Tagaytay, Calabarzon's primary STR market, is approximately 2,600 to 4,000 pesos ($44 to $67 USD or 38 to 58 euros), varying by property quality and amenities.
The realistic low-to-high nightly rate range for Calabarzon short-term rentals spans from around 1,800 pesos ($30 USD or 26 euros) for basic entry-level units, up to 8,600 pesos ($145 USD or 125 euros) or more for premium properties with exceptional views and resort-style amenities.
During peak season (December through March), nightly rates in Tagaytay typically run 30% to 50% higher than off-season rates, meaning a property averaging 3,000 pesos per night in low season might command 4,000 to 4,500 pesos during holidays and long weekends.
Is short-term rental supply saturated in Calabarzon in 2026?
As of early 2026, the short-term rental market in Tagaytay, Calabarzon's primary STR destination, is highly saturated with over 4,000 active listings competing for a limited pool of weekend and holiday guests.
The number of active short-term rental listings in Tagaytay has grown steadily over recent years and continues to increase, meaning new entrants face stiff competition and must differentiate strongly on location, amenities, or pricing to succeed.
The most oversaturated neighborhoods for short-term rentals in Calabarzon are central Tagaytay areas near Rotonda and the main commercial strips, where listing density is highest and average occupancy rates are dragged down by intense competition.
Neighborhoods in Calabarzon that still have room for new short-term rental supply include emerging areas in Batangas (Nasugbu beach zones, Laiya), parts of Laguna near hot spring resorts, and less-developed Tagaytay fringes with unique views, though success still requires professional management and strong positioning.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Calabarzon, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| 1987 Philippine Constitution (Lawphil) | The constitutional rulebook that sets hard limits on foreign property ownership. | We used it to explain why foreigners cannot own land in Calabarzon. We also referenced it to frame condo ownership as the primary legal pathway for foreign investors. |
| Condominium Act (RA 4726) | The primary law governing condo ownership structures in the Philippines. | We used it to support the 40% foreign ownership cap rule for condos. We relied on it when explaining that foreigners can own condo units outright under their name. |
| Rent Control Act (RA 9653) | The core statute behind rent caps for lower-rent residential units. | We used it to explain when rent increase caps apply in Calabarzon. We paired it with government-reported cap figures to give landlords accurate expectations. |
| Bureau of Internal Revenue (BIR) | The official tax authority setting registration and filing requirements. | We used it to anchor the TIN registration requirement for rental income. We referenced it when explaining why tax compliance matters for foreign landlords. |
| BSP Residential Property Price Index (Q1 2025) | The central bank's official residential property price publication. | We used it to establish property price trend context for yield calculations. We referenced it as a sanity check when estimating rental returns in Calabarzon. |
| Colliers Philippines Quarterly Report | A leading property consultancy providing market-level residential data. | We used it to identify Cavite and Laguna as strong residential take-up areas. We referenced their demand analysis to map high-demand rental neighborhoods. |
| AirDNA Tagaytay Market Overview | A widely used STR data provider with transparent occupancy and ADR metrics. | We used it to ground short-term occupancy and nightly rate expectations in Tagaytay. We compared long-term versus short-term strategies using their market numbers. |
| Airbtics Tagaytay Revenue Data | An STR analytics platform providing annual revenue and occupancy estimates. | We used it to validate Tagaytay occupancy rates and revenue potential. We cross-referenced their seasonality data for peak and low season analysis. |
| PSA OpenSTAT (2020 Census) | The official statistics agency's housing-unit occupancy data. | We used it to anchor vacancy rate assumptions with census-level reality. We referenced it to set realistic vacancy expectations rather than optimistic listing-platform figures. |
| Airbnb Philippines Host Tax Guide 2025 | A platform-issued compliance guide for STR host tax obligations. | We used it to reinforce that short-term rental income is taxable and requires BIR registration. We treated it as a practical checklist layer for STR compliance. |
We have made this infographic to give you a quick and clear snapshot of the property market in the Philippines. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
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