1 Bedroom Condo for sale in Mergent Residences, Poblacion, Metro Manila, Makati, Metro Manila
Makati, Philippines
Guide Price
$352,938
19,941,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Mergent Residences, Alveo Land's newest high-rise residential condominium development in Poblacion Makati, offers investors the opportunity to get high returns on their investments through short-term leasing, similar to Airbnb. Located in the bustling neighborhood of Poblacion, known for its vibrant nightlife and tourist attractions, Mergent Residences is sure to attract a steady stream of international tourists looking for a comfortable and convenient place to stay.
Investors can take advantage of this high demand for rental properties by leasing out their units on a short-term basis, catering to travelers looking for a home away from home. With its prime
location and luxurious amenities, Mergent Residences is the perfect choice for tourists looking for a comfortable and stylish place to stay.
Address: B. Valdez St. cor. Salamanca St., Brgy. Poblacion, Makati City
Start of Turnover Date: September 2026
Developer: Alveo Land Corp. by Ayala Land Inc.
Total No. of Units 325 units - 10 Units per floor only
40 Residential Floors (Excluding Roof Deck)
HLURB LS No. 035174
Ad Approval No.: HLURB AA-2019/11-2605
SAMPLE COMPUTATION
1BEDROOM (65SQM)
17th floor Unit 10
Total Contract Price : Php 19,941,000
Reservation Fee : Php 100,000
10% Downpayment : Php 1,894,100
10% Spread in 59 Months : Php 33,800
80% Balance Telephone number: View Phone
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
Alveo Land- Jhen
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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