1 Bedroom Condo for sale in Barangay 20-B, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$208,124
11,759,020 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Patio Suites Tower 2
Located at Poblacion District, Davao City, Davao del Sur, Philippines
Reserve yours now:
+63956830----
οΏ½[email&;protected]
Ayala Properties - Premier / Alveo / Avida
In Proximity to:
-Church: Redemtorist Church
-Hospital: Metro Davao Medical and Research Center, Southern Philippines Medical Center, Davao Medical School Foundation Hospital, Brokenshire Hospital
-Mall: Victoria Plaza, Gaisano Mall Davao
-School: Assumption College, Gaisano Mall Davao, Ateneo de Davao University
-Davao International Airport, Sta. Ana Pier, Davao Crocodile Park
Amenities: Gym, Boardroom, Multi-purpose Hall, Adult Pool, Kiddie Pool, Activity Lawn, Play Lawn, Al Fresco Lounge, Great Lawn(GF)
Reserve yours now for β±50,000!
β1BR Unit, β2BR Unit, β3BR Unit
*Sample Computation for Patio Suites Tower 2 - 1BR(49sqm) until April 2023*:
Reservation Fee: β±50K
10% Downpayment: β±1.1M
15% over 53 months: β±33.3K/month
Balance (Cash or Bank Financing): β±8.8M
----------------------------------------------------
Total: β±11.8M
Add Other Charges: β±472K
Reserve yours now:
+63956830----
οΏ½[email&;protected]
Ayala Properties - Premier / Alveo / Avida
*Price and terms are subject to change without further notice. Kindly contact us to inquire for the latest information.
Location
Open in Google MapsLiving 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β yours.
Contact Agent
Steph Co - RE/MAX 8
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 β the complete pre-move checklist.
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