Shophouse for sale in Barangay 16-B, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$1150442
65000000 PHP
PROPERTY TYPE
shophouse
BEDROOMS
1
BATHROOMS
1
Description
This unique 3044 sqm property is situated in the heart of Davao City on a walking distance from two main highways and on an elevated site just besides the renowned subdivision of Ladislawa.
The property lies in a fast growing economical district zone. Commercial establishments such as SM Mall Lanang, Camella Residences, Aeon Tower, Robinson Residences, Ayala Abreeza Mall, Ayala Alveo Residences, The Davao International Airport, MDMRC Hospital are all located within the vicinity, all within a radius of 1Km.
All aspects of this property truly fit the requirements for either a commercial or a residential property investment. Besides the main house the property also offers 4 fully furnished newly renovated 3 bedroom townhouses generating an income of approx. Php 2.000.000,00 per annum.
The old residential house consists of 2 floor with a total
floor area of 600 sqm, 7 bathrooms, 3 living area`s and 8 bedrooms.
The 2nd floor is newly renovated and maintained in its authentic design. All units are surrounded by a well maintained garden.
At the entrance of the property there is a covered car park area which can occupy 10 vehicles.
The property has 3 water supply sources and a newly renovated swimming pool w/ pool house.
The property is located on at the highest point of a hill and from the roof-top of the residential unit there is a scenic view over Samal Island and Davao City. Telephone number: View Phone
Living in Davao
The largest city in Mindanao and one of the Philippines' safest and most orderly, with a low cost of living -- you can live well on $1,000-1,500/month. Tropical fruit capital of the country with great local food and friendly locals. English is widely spoken, and there's a small but established expat community.
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) — available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) — requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the Philippines→Key Fact
English is an official language and widely spoken — making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live Abroad→Philippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Transfer tax: 0.5-0.75%
- ·Documentary stamp: 1.5%
- ·Capital gains tax: 6% (seller, but often negotiated)
- ·Registration: ~0.25%
- ·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
₱5,000-15,000/yr
HOA / Condo Fees
₱3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
K LAND PROPERTY CORPORATION
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
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