Land for sale in Panacan, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$106,195
6,000,000 PHP
PROPERTY TYPE
land
BEDROOMS
1
BATHROOMS
1
Description
Own a prime residential lot just minutes from the airport in the peaceful and secure Valle Verde Subdivision, Panacan, Davao City. This property
features two adjacent lots, perfect for building a spacious family home, duplex, or rental investment.
Located in a flood-free community with 24/7 security, the subdivision offers convenient access to the Davao International Airport, Panacan Highway, schools, markets, and commercial establishments.
Property Details:
• Lot Area: 120 sqm each (Total 240 sqm if combined)
• Price: ₱25,000 per sqm
• Clean title
• Ideal for residential or multi-unit development
Nearby Establishments:
• Davao International Airport – around 10–15 minutes away
• Panacan Public Market
• Gaisano Grand Panacan
• Jose Maria College & Holy Child College of Davao
• Panacan Elementary School & Panacan National High School
• Davao Christian School – Bunawan Campus
• Damosa IT Park & SM Lanang –
about 20 minutes away
• Churches, banks, restaurants, and other establishments
nearby
This is a rare opportunity to own two side-by-side lots in a growing area of Davao City — giving you extra space, privacy, and strong investment potential.
Perfect for:
✔ Large family home
✔ Duplex or rental units
✔ Long-term property investment
� Message now for more details or to schedule a site viewing. Telephone number: View Phone
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) — 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
Marites Arquiza
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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