1 Bedroom Condo for sale in The Ellis, Bel-Air, Metro Manila, Makati, Metro Manila
Makati, Philippines
Guide Price
$324,800
18,351,200 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Location: The Ellis, L.P. Leviste St., Salcedo Village, Makati City
Developer: Megaworld Corporation
� Unit Type: Executive 1 Bedroom with Balcony
� Size: 69 sqm – Almost the size of a 2BR unit!
� Parking: Optional (Available upon request)
� Status: Ready for Occupancy (RFO) | Clean Title
� Flexible Rent-to-Own Terms | Low Move-in | 0% Interest
�Unit Price: Php 26,216,000
� Rent-to-Own Discounted Price: Php 21,169,420
�Cash Price with Discount: Php 18,351,200
About the Unit:
Looking for more space than a typical 1-bedroom in Makati? This Executive 1BR at The Ellis offers 69 sqm of open, flexible living space with a balcony overlooking the Makati skyline.
✔ Huge 69 sqm
floor area – rare cut for 1BR units
✔ Spacious bedroom with large closet space
✔ Open-concept living, dining, and working areas
✔ Modern kitchen with granite countertop and modular cabinets
✔ Floor-to-ceiling glass windows for natural light
✔ Balcony with city views
✔ Perfect for work-from-home professionals or investors
✔ Move-in ready!
Unique Selling Point of The Ellis:
Designed for Work-Live-Play Lifestyle in Makati CBD
Features the CoLAB Shared Working Space – exclusive co-working area for residents
Ideal for freelancers, business owners, digital nomads, and creatives living in Makati
Building
Amenities:
Creative and Lifestyle-Focused
Facilities:
CoLAB Shared Working Space (exclusive resident coworking space)
� Game Room and lounge
� Yoga and meditation area
� Swimming pool with pool deck
�♀ Fully equipped fitness gym
� Landscaped garden and outdoor lounges
� 24/7 security with CCTV
Hotel-style lobby with concierge
� Backup power for common areas and selected unit outlets
� Basement parking with drivers' lounge
Prime Salcedo Village Makati
Location – Right in the Business District
Distances to Key Establishments:
Offices & Business Centers:
RCBC Plaza: 6 minutes walk (~500 meters)
Ayala Avenue: 8 minutes walk (~600 meters)
PBCom Tower & Makati Medical Center: 5-8 minutes drive (~1 km)
Malls & Lifestyle:
Greenbelt Mall: 5 minutes drive (~1.5 km)
Glorietta & SM Makati: 6 minutes drive (~2 km)
Salcedo Saturday Market: 3 minutes walk (~250 meters)
Schools:
Ateneo Graduate School of Business (RCBC): 6 minutes walk (~500 meters)
Mapua University Makati: 8 minutes walk (~700 meters)
Hospitals:
Makati Medical Center: 5 minutes drive (~1 km)
St. Luke’s BGC: 15 minutes drive (~6 km)
Transport Access:
Gil Puyat LRT Station: 5 minutes drive (~1.5 km)
EDSA-Pasay Road: 10 minutes drive (~3 km)
NAIA Airport: 20 minutes drive (~7 km)
� Upcoming Developments
Nearby:
Makati Subway (future station near Ayala Avenue)
Ayala Triangle Tower 2 (New office tower nearby)
Makati CBD Redevelopment Plan
� Sample Breakdown of Rent-to-Own Term:
Reservation Fee: 60K (Deductible from TCP)
Downpayment to move in: 3% of TCP
12% Monthly Amortization payable in 48 months
Remaini
Location
Open in Google MapsLiving 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→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
Megaworld RFO Premier
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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