Shell Canvas Greenbelt 3-The Residences, Arnaiz Avenue, San Lorenzo, Makati City, Metro Manila, National Capital Region, PHL
Makati, Philippines
Guide Price
$662800
₱40000000 PHP · $400/sqft
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
SIZE
1658 sq ft
Description
FOR SALE | The Residences at Greenbelt (TRAG) – San Lorenzo Tower, Makati Own a piece of iconic TRAG at Ayala Center, Makati. Step into refined living in this beautifully curated bi-level residence featuring expansive interiors, designer furniture, and original artworks—crafted for those who value sophistication and exclusivity. • 2-Bedroom Bi-Level Unit • 154 sqm • Fully Furnished | Interior-Designed • With Maid’s Room & T&B • 2 Parking Slots (Tandem) • With Balcony Asking Price: Php 40,000,000 Unit Highlights & Inclusions: • Entrance with console table and lamp • Guest powder room near entry • Spacious living & dining areas with designer furniture • Kenneth Cobonpue iconic chair • Benji Reyes dining table with signature chairs & wooden bench • L-shaped sofa with throw pillows • 54-inch Smart TV • Wall-mounted etagere with shelves for audio system • 20 sqm balcony with glass panels • Outdoor Maverick-designed table & chairs • Open kitchen with marble countertop • Swivel chairs for dining/snacking • Refrigerator • Stairway with original artworks • Built-in office table with storage and bookshelves • Master’s bedroom with 4-poster solid wood bed • Matching bedside tables and lamps • Master’s bathroom with bathtub • Second bedroom with Japanese-inspired queen bed • Accent leisure chair • Own toilet & bath • Maid’s room with toilet & bath and built-in cabinets • Whirlpool inverter washer & dryer • Water heater A refined, move-in-ready home that combines luxury, art, and functionality—perfect for discerning buyers seeking exclusivity in Makati’s most prime location. For inquiries & viewing schedule: Gelo Reyes Real Estate Salesperson 0956 344 ---- / 0921 678 ---- (Viber/WhatsApp) Under REBL #0032792
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.
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.
Lamudi.com.ph
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