Condo for sale in 202 Peaklane, Barangay 34-D, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$79,646
4,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Being smart in investing your money means choosing an investment property that will work for you.
By investing in 202 Peaklane, you can maximize your passive income potential through its rental-ready units that are not only fully furnished, but also equipped with smart technology, a feat not found anywhere else in Davao City. These give you a competitive edge when you lease out your unit in the future
202 Peaklane
Your Smart Investment
Being smart in investing your money means choosing an investment property that will work for you.
By investing in 202 Peaklane, you can maximize your passive income potential through its rental-ready units that are not only fully furnished, but also equipped with smart technology, a feat not found anywhere else in Davao City. These give you a competitive edge when you lease out your unit in the future.
Its
amenities provide the ultimate experience in comfort and leisure. These are
amenities handcrafted in the same tradition of excellence to fulfill the heightened need for quality life.
At 202 Peaklane, find everything you’ll ever need to secure your investment and your ROI.
Surround yourself with stunning views of Mt. Apo and Davao Gulf while enjoying 202 Peaklane’s suite of amenities. Whether you’re relaxing with family, gathering with friends, or finding a peaceful spot to work, our thoughtfully designed indoor and outdoor
amenities offer the perfect space for every moment.
Location:
Located on 202 CM Recto, Poblacion District in Davao City, Davao Del Sur delivers an impeccable range of residential units in an architectural masterwork, designed to provide you with an elevated living experience and worthwhile real estate investment.
Here are some
nearby establishments to 202 Peaklane:
Schools:
• Ateneo De Davao University: 150 meters away, a premier educational institution in the area
• Davao Doctors College: 1.7 kilometers away, known for its medical programs
• Davao Medical School: 2.1 kilometers away, another reputable medical school
• Malayan Colleges Mindanao (MAPUA): 2.9 kilometers away, offering various programs
• **Assumption College: 2.9 kilometers away, providing quality education
Malls:
• Gaisano Mall: 800 meters away, a popular shopping destination
• Abreeza Mall: 2.2 kilometers away, offering a range of shopping and dining options
• SM Lanang Premier: 4.9 kilometers away, a large shopping mall with various
amenities
• SM City Davao: 5.3 kilometers away, another major shopping destination
Hospitals:
• San Pedro Hospital: 1.2 kilometers away, providing medical services
• Davao Doctors Hospital: 1.5 kilometers away, a reputable hospital in the area
• Southern Philippines Medical Center: 3.9 kilometers away, a major medical facility
Other notable establishments:
Francisco Bangoy International Airport: 8.9 kilometers away, the primary airport serving Davao City
San Pedro Cathedral: 1.9 kilometers away, a historic church in the are
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
Anton Ricario
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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