BIR Zonal Values in Cortes
Cortes is a municipality in Bohol with 14 barangays and 73 streets indexed in the BIR zonal value schedule. Citywide residential values range from ₱80 to ₱1,000/sqm, with a median of ₱250/sqm. Commercial values range from ₱350 to ₱1,500/sqm. The highest residential zonal value is ₱1,000/sqm at Road-Highway in Poblacion. Cortes falls under BIR RDO 084, latest schedule effective May 14, 2022. PSGC code 0701216000.
Bohol, Central Visayas · RDO 084 (Tagbilaran City, Bohol)
DO 20-22 · Effective: May 14, 2022
PSGC 0701216000
Data last verified 2026-10-14 · see recent updates
Cortes Zonal Value Highlights (2026)
- Highest Commercial
- ₱1,500/sqm
- Road-Highway (Along Tagbilaran North Road From Cor Brgys.), Poblacion
- Highest Residential
- ₱1,000/sqm
- Road-Highway (Cortes-Balilihan Rd-S.I.P Road to End), Poblacion
- Most Affordable
- ₱80/sqm
- All Lots (Interior), Fatima
- Median Residential
- ₱250
- Median Commercial
- ₱375
- Barangays
- 14
- Streets Indexed
- 73
- Buildings / Condos
- 0
Transfer taxes
Estimated transfer taxes in Cortes
At the median residential zonal value of ₱250/sqm:
- For a 50sqm property (zonal basis ₱12,500): estimated CGT ₱750, DST ₱188, total ₱938.Zonal basis ₱12,500CGT ₱750 · DST ₱188₱938 estimated total
- For a 100sqm property (zonal basis ₱25,000): estimated CGT ₱1,500, DST ₱375, total ₱1,875.Zonal basis ₱25,000CGT ₱1,500 · DST ₱375₱1,875 estimated total
- For a 200sqm property (zonal basis ₱50,000): estimated CGT ₱3,000, DST ₱750, total ₱3,750.Zonal basis ₱50,000CGT ₱3,000 · DST ₱750₱3,750 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 Cortes are published under BIR RDO 084 (Tagbilaran City, Bohol).
Estimate your own
CGT 6% · DST 1.5%Zonal value basis
Estimated CGT + DST
₱1,875
- Zonal basis
- ₱25,000
- CGT 6%
- ₱1,500
- DST 1.5%
- ₱375
14 barangays
Barangays in Cortes
- PoblacionResidential: ₱300 - ₱1,000 Commercial: ₱400 - ₱1,50040 streets₱1,000from ₱300
- De La PazResidential: ₱150 - ₱450 Commercial: ₱350 - ₱6503 streets₱450from ₱150
- LoretoResidential: ₱150 - ₱275 Commercial: ₱4503 streets₱275from ₱150
- Malayo NorteResidential: ₱165 - ₱275 Commercial: ₱3753 streets₱275from ₱165
- RosarioResidential: ₱165 - ₱275 Commercial: ₱3753 streets₱275from ₱165
- SalvadorResidential: ₱165 - ₱275 Commercial: ₱350 - ₱3754 streets₱275from ₱165
- FatimaResidential: ₱80 - ₱250 Commercial: ₱3502 streets₱250from ₱80
- LourdesResidential: ₱80 - ₱250 Commercial: ₱3502 streets₱250from ₱80
- Malayo SurResidential: ₱90 - ₱250 Commercial: ₱3752 streets₱250from ₱90
- New LourdesResidential: ₱80 - ₱250 Commercial: ₱3752 streets₱250from ₱80
- San RoqueResidential: ₱90 - ₱250 Commercial: ₱3752 streets₱250from ₱90
- Upper de La PazResidential: ₱150 - ₱250 Commercial: ₱3753 streets₱250from ₱150
- PatrocinioResidential: ₱80 - ₱1502 streets₱150from ₱80
- MonserratResidential: ₱90 - ₱1002 streets₱100from ₱90
Method and law
About These Values
These zonal values are published by BIR RDO 084 (Tagbilaran City, Bohol) and represent the minimum taxable value per square meter for properties in Cortes.
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
May 14, 2022
Last BIR schedule update for Cortes.
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.