5 Bedroom House for Sale or Rent in Magtuod, Davao del Sur, Davao City, Davao del Sur
Davao, Philippines
Guide Price
$690265
39000000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
5
Description
Monteritz 5BR Luxury House for Sale or Rent | 270 sqm Lot | 310 sqm Floor | P39M Net | P165k Rent | 4BR + Maid's | 5 Baths | 3-Car Garage | Inquire now
Step into a home where comfort, space, and sophistication come together, designed for those seeking an elevated lifestyle in a premier Davao City address.
Property
Highlights
* 4 Generously Sized Bedrooms plus Maid's Quarter
* 5 Modern Bathrooms
* 2 to 3-Car Covered Garage
* Landscaped Garden Space
* Expansive Family Lounge and Entertainment Area
* Lot Area: 270 square meters
*
Floor Area: 310 square meters
Pricing Options
*
Selling Price: P39,000,000 NET
* Rental Option: P165,000 per month
Location Advantage
Situated in Monteritz Classic Estates, one of the most exclusive residential enclaves in Davao City. This home offers security and a serene, elevated setting with a cooler climate. It is conveniently accessible to business hubs, top schools, shopping destinations, and major road networks. This is a top choice for buyers seeking upscale properties in gated communities with both privacy and accessibility.
Inquiries and Viewings
Schedule a site viewing today by reaching out through the following:
* Phone/WhatsApp: View Phone
* Messenger: m.me/gaysheiladicon
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
Dicon Realty (Joseph & Gay Sheila Dicon)
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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