BIR Zonal Values in Itbayat
Itbayat is a municipality in Batanes with 4 barangays and 76 streets indexed in the BIR zonal value schedule. Citywide residential values range from ₱180 to ₱360/sqm, with a median of ₱297/sqm. The highest residential zonal value is ₱360/sqm at Loor St in San Rafael. Itbayat falls under BIR RDO 013, latest schedule effective 29-July-2015. PSGC code 0200902000.
Batanes, Cagayan Valley · RDO 013 (Tuguegarao City, Cagayan)
DO 057-2015 · Effective: 29-July-2015
PSGC 0200902000
Data last verified 2026-10-14 · see recent updates
Itbayat Zonal Value Highlights (2026)
- Highest Residential
- ₱360/sqm
- Loor St (From Mayan St. to Roxas St), San Rafael
- Most Affordable
- ₱180/sqm
- Provincial Road (Castillo-Cirfumferential), San Rafael
- Median Residential
- ₱297
- Median Commercial
- -
- Barangays
- 4
- Streets Indexed
- 76
- Buildings / Condos
- 0
Transfer taxes
Estimated transfer taxes in Itbayat
At the median residential zonal value of ₱297/sqm:
- For a 50sqm property (zonal basis ₱14,850): estimated CGT ₱891, DST ₱223, total ₱1,114.Zonal basis ₱14,850CGT ₱891 · DST ₱223₱1,114 estimated total
- For a 100sqm property (zonal basis ₱29,700): estimated CGT ₱1,782, DST ₱446, total ₱2,228.Zonal basis ₱29,700CGT ₱1,782 · DST ₱446₱2,228 estimated total
- For a 200sqm property (zonal basis ₱59,400): estimated CGT ₱3,564, DST ₱891, total ₱4,455.Zonal basis ₱59,400CGT ₱3,564 · DST ₱891₱4,455 estimated total
Actual taxes are computed on the selling price, fair market value, or zonal value, whichever is highest. Capital Gains Tax is 6% and Documentary Stamp Tax is 1.5%; transfer tax varies by LGU. Consult a licensed tax professional.
Which RDO covers your property?
All zonal values in Itbayat are published under BIR RDO 013 (Tuguegarao City, Cagayan).
Estimate your own
CGT 6% · DST 1.5%Zonal value basis
Estimated CGT + DST
₱2,228
- Zonal basis
- ₱29,700
- CGT 6%
- ₱1,782
- DST 1.5%
- ₱446
4 barangays
Barangays in Itbayat
Method and law
About These Values
These zonal values are published by BIR RDO 013 (Tuguegarao City, Cagayan) and represent the minimum taxable value per square meter for properties in Itbayat.
When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:
- 6%Capital Gains Tax (6%)
- 1.5%Documentary Stamp Tax (1.5%)
- LGUTransfer Tax (varies by LGU)
Market value is not a simple multiplier of the BIR zonal value. It varies by submarket, road access, frontage, lot shape, development, and recent comparable sales. For accurate market valuation, consult a PRC-licensed real estate appraiser or broker.
RA 12001 (RPVARA) timeline
29-July-2015
Last BIR schedule update for Itbayat.
July 5, 2024
RA 12001 (RPVARA) takes effect. BIR zonal values remain in force until replaced by an approved Schedule of Market Values for each LGU (Sec. 31).
July 5, 2026
The law required SMVs to be updated within two years of its effectivity. The real property tax amnesty on penalties, surcharges, and interest ends (Sec. 30).
Until an SMV is approved
Where no approved SMV exists, the BIR continues to use existing zonal values or the transaction price, whichever is higher (Sec. 29).
Data Source: Bureau of Internal Revenue (BIR), Philippines
Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)
Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.