1 Bedroom Condo for sale in Red Residences, Pio Del Pilar, Metro Manila, Makati, Metro Manila
Makati, Philippines
Guide Price
$115558
6529000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Discover the heartbeat of convenience at SMDC Red Residences!
Live steps away from Makati’s central business district at SMDC Red Residences, where work, play, and lifestyle meet in perfect harmony.
Prime Makati
location
Walkable to offices, malls, and transport hubs
Stylish units designed for young professionals
MOVE-IN PROMO: Enjoy over 𝟕% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭!
Units under Early Occupancy Program are still available for a minimum of 5% spot down payment to move in
FREE Furnishings are included for
payment terms with spot down payment (valid for a limited time only)
City life, the smart way—only at Chino Roces Avenue, Makati City
Nearby establishments:
Waltermart Pasong Tamo
Greenbelt 1
King's Court
Makati Medical Center
MRT Magallanes station
For more information
about 𝗥𝗲𝗱 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝗲𝘀, please feel free to send us a message to this page. Telephone number: View Phone
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→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
Ron Lagubana
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.
DotProperty.com.ph
PHP