Back to Makati, Philippines

AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL

Makati, Philippines

Guide Price

$291151

17571000 PHP · $429/sqft

PROPERTY TYPE

condo

BEDROOMS

2

BATHROOMS

2

SIZE

678 sq ft

AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL - Photo 2
AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL - Photo 3
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Description

𝗥𝗘𝗡𝗧 𝗧𝗢 𝗢𝗪𝗡 𝗖𝗢𝗡𝗗𝗢 | 𝗥𝗘𝗔𝗗𝗬 𝗙𝗢𝗥 𝗢𝗖𝗖𝗨𝗣𝗔𝗡𝗖𝗬 ₱50,000 monthly | 1BR + Studio 𝚃𝚑𝚎 𝙴𝚕𝚕𝚒𝚜 𝘚𝘢𝘭𝘤𝘦𝘥𝘰 𝘝𝘪𝘭𝘭𝘢𝘨𝘦, 𝘔𝘢𝘬𝘢𝘵𝘪 𝘊𝘪𝘵𝘺 ✔️ Reserve the unit for only ₱60,000 ✔️ Downpayment as low as ₱550,000 to move in (can be split over up to 3 months) ✔️ Monthly payment of only ₱50,000 (48 months to pay at 0% interest rate) ✔️ Lumpsum on the 12th, 24th, 36th and 48th month as low as ₱508,000 ◾ Ready for Occupancy ◾ Perfect for Airbnb or Rental Business ◾ Walking distance to Greenbelt, Ayala Triangle & Makati CBD ◾ Pet friendly condominium 𝗡𝗲𝗮𝗿𝗯𝘆 𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁𝘀: Ayala Avenue (Makati CBD), RCBC Plaza (Corporate & Financial Hub), Ayala Triangle Gardens, Glorietta & Greenbelt Malls (Ayala Center), Rockwell Center, Makati Medical Center, Major Embassies and Corporate Headquarters, Century City Mall, Legazpi Active Park, Salcedo Saturday Market, etc. 𝗨𝗻𝗶𝘁𝘀 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 : Studio | 22.5 - 34.5 sqm 1 Bedroom | 64 - 69 sqm 2 Bedroom | 75 - 78 sqm Linked Units | 63.5 - 103.5 sqm 🔺 OTHER PROJECTS : Uptown BGC, McKinley Hill, Manhattan QC, Newport City Pasay and Mckinley West. What are you waiting for? Own a unit now! 😊 - ** 𝘛𝘩𝘦 𝘭𝘪𝘴𝘵𝘦𝘥 𝘱𝘳𝘪𝘤𝘦 𝘢𝘱𝘱𝘭𝘪𝘦𝘴 𝘰𝘯𝘭𝘺 𝘵𝘰 𝘤𝘢𝘴𝘩 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘸𝘪𝘵𝘩 𝘢 𝘴𝘱𝘦𝘤𝘪𝘢𝘭 𝘥𝘪𝘴𝘤𝘰𝘶𝘯𝘵. 𝘗𝘢𝘳𝘬𝘪𝘯𝘨 𝘱𝘳𝘪𝘤𝘦 𝘪𝘴 𝘯𝘰𝘵 𝘺𝘦𝘵 𝘪𝘯𝘤𝘭𝘶𝘥𝘦𝘥.

Location

Open in Google Maps

Living in Makati

The Philippines' original financial hub with excellent walkability in neighborhoods like Salcedo and Legaspi Village, where you'll find upscale dining, international schools, and top hospitals within walking distance. English is universal here (the Philippines' biggest advantage for American expats), keeping daily life frictionless. It's the priciest area in the Philippines but still very affordable by US standards, with modern condos and a large 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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.

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Lamudi.com.ph

Portal listings

200000

Currency

PHP