1 Bedroom Condo for sale in The Rise Makati By Shangrila, San Antonio, Metro Manila, Makati, Metro Manila
Makati, Philippines
Guide Price
$88496
5000000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
FOR SALE: DESIGNER STUDIO UNIT AT THE RISE MAKATI (25.08 SQM | North Wing | 17th Floor)
BELOW MARKET VALUE: ONLY ₱5,000,000
A rare opportunity to own a renovated, high-floor, interior-designed studio at one of Makati’s most in-demand condo communities — The Rise Makati by Shang Properties — at a price significantly below current market listings.
⸻
UNIT
FEATURES:
• � 25.08 sqm studio layout
• � Fully Renovated & Professionally Designed
• � Large window with open city view (North Wing – quiet side)
• � Stylish bathroom with upgraded fixtures
• � Custom cabinetry, built-in storage, compact kitchen
• ❄ Air conditioner
• � Option to include some furnishings
• � Washer/dryer
• � 17th Floor – ideal elevation for privacy, light, and breeze
⸻
THE RISE MAKATI –
AMENITIES &
LOCATION
• �♂ 28-meter swimming pool + sun deck
• � Yoga studio, gym, co-working space
• � Function rooms, lounges, garden terrace
• � Connected to Assembly Grounds – direct access to SM Savemore, restaurants, cafes, banks
• � 10 minutes to Ayala Avenue / CBD
• � Near Greenbelt, Cash & Carry, Makati Med, RCBC Plaza
⸻
SELLING PRICE: ₱5,000,000
� Best Value in The Rise for Renovated Units
� Clean title | Cash or bank financing accepted
⸻
� MARKET INSIGHT – WHY THIS IS A DEAL
• � Most resale studio units in The Rise are priced at ₱5.5M–₱6.3M, often unrenovated
• � Some developer re-opened units or flipped 1BR layouts are asking as high as ₱6.5M–₱7.5M for similar sizes (and unfinished!)
• � This unit is already professionally renovated, and priced at ₱5.M only – that’s ₱199,000/sqm, well below Makati fringe averages (~₱210K–₱240K/sqm)
• Excellent buy for end-users or investors looking for long-term appreciation and strong rental yield
⸻
WHY THIS UNIT?
Already renovated – no renovation delays or expenses
Mid-High floor, North Wing – quiet and elevated with city view
Ideal for working professionals, digital nomads, or Makati-based tenants
Ready for long-term lease (₱28K–₱30K/month est. potential)
Top developer: Shang Properties = excellent building management
Great for first-time buyers, investors, or those eyeing rental income
⸻
� VIEWINGS & PHOTOS
� Message us for actual photos and to schedule a private tour
� Viewings available by appointment with at least 1 full day notice
⸻
CONTACT:
Raymond Tiongson
Licensed Real Estate Broker
PRC REBL No. 1145
Realty Hunters PH | 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
Raymond Tiongson
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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