Shophouse for sale in Barangay 36-D, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$619469
35000000 PHP
PROPERTY TYPE
shophouse
BEDROOMS
1
BATHROOMS
1
Description
Discover a lucrative investment opportunity in the heart of Davao City with this three-floor commercial building located near UIC.
The property, boasting a generous 399 sqm
floor area on a 133 sqm lot, is strategically priced at 35M, making it an attractive proposition for discerning investors and business owners.
Presently, the building serves as a hub catering to the needs of 60 police trainees, generating a substantial monthly income of 120K for the building alone.
This impressive revenue stream underscores the business potential inherent in the property.
Furthermore, the package includes the following:
two water refilling stations, equipped with substantial capacities - 12,000 liters for Station 1 and 10,000 liters for Station 2. The stations are complemented by four 1000-liter water tanks and two 2000-liter water tanks, ensuring a robust and efficient operation. Additionally, a Hyundai H1 delivery truck enhances the logistical capabilities of the enterprise.
Diversifying the revenue streams, the property encompasses two branches of a laundry shop, strategically located on Bonifacio Street and Artiaga. These branches, equipped with a combined total of 11 front loader machines and dryers, contribute significantly to the overall monthly earnings. The laundry shops cater to the laundry needs of the community, securing a consistent monthly income reaching up to 120,000 pesos.
The water refilling stations boast an extensive client base, serving around 350 to 500 containers per day at a rate of P40 per container.
Major clients include established entities such as IQOR call center branches, MTS (Matina Town Square), Tavera, Acacia Hotel (with a pending contract), Alorica IT Park (with a pending contract), Santo Tomas Elementary School, DELTA, and many more.
This diverse clientele ensures a stable income, with monthly earnings exceeding 600,000 pesos from the water stations alone.
In summary, the total monthly earnings from the property, inclusive of the commercial building, water refilling stations, and laundry shops, amount to a remarkable 840,000 pesos.
This investment opportunity offers not only a prime
location near UIC but also a well-established business infrastructure with a proven track record of success.
Investors and business owners alike can leverage this offering to secure a stable and lucrative income stream.
Seize this chance to capitalize on the prime
location and capitalize on the existing clientele for a successful and rewarding investment in Davao City.
CODE: AMIR 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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