1 Bedroom Condo for sale in Malate, Metro Manila near LRT-1 Pedro Gil, Manila, Metro Manila
Manila, Philippines
Guide Price
$132743
7500000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
TORRE LORENZO MALATE CONDOMINIUM | Fully Furnished 1-Bedroom w/ Parking | Manila Bay View
Upscale City Condo for Sale in Malate, Manila – Perfect for End-Use or Investment
Best Offer Unit: U-3417 — 26.46 sqm 1-Bedroom w/ Parking (Smartly Converted from Studio)
Selling Price: ₱7,500,000 NET OF TAXES | NEGOTIABLE (Unit + Parking)
Mode of Payment: CASH Only (Bank Financing subject to approval)
Turnover: December 2022
Highlights:
• Fully Furnished & Ready for Occupancy – Move in or start earning immediately
• Currently Tenanted at ₱30,000/month – Enjoy immediate passive income
• Cash Buyer Perk: FREE Appliances + FREE Title Transfer Processing
• Clean Title On-Hand | Prime Manila Bay Area | Sunset View Unit
• Premium Build by Torre Lorenzo Development Corporation
Why This Unit Is the Best Choice:
• Strategic
Location in Malate Manila – Near DLSU, UP Manila, Robinsons Place, LRT-1 Pedro Gil, and major offices
• Ideal for OFW Investors – Strong leasing demand and stable rental returns
• Upgraded Interiors – Modern design with quality furnishings and top-brand appliances
Condo
Amenities &
Features:
Swimming Pool | Fitness Center | Sky Lounge | Sky Garden | Resident Lounge | Meeting Room | Discussion Room | Paw Park | Fire Alarm & Sprinkler System | WiFi Connectivity | Audio Visual System
Appliance & Furniture
Inclusions:
LG Washing Machine | LG Inverter Aircon | LG 65" Smart TV | Leather Couch | Coffee Table | Electric Stove | Range Hood | Bedroom & Kitchen Cabinets
Experience luxury and investment security with TORRE LORENZO MALATE — a high-value condo that delivers comfort, convenience, and consistent income.
Inquire today for viewing and detailed ROI computation. Limited negotiable offer for ready buyers.
For More DETAILS, FREE Viewing & RESERVATION Assistance, contact:
IggyBoy Estrera Dapiton III
PRC NCR Accreditation #: 18574
DHSUD NCR #: A-20446
MCFam Realty Telephone number: View Phone
Living in Manila
The capital's dense urban core offers rock-bottom costs ($1,000-$1,500/month for a comfortable life) and widespread English fluency. Makati and BGC are the expat hubs with modern condos, international restaurants, and reliable infrastructure. The trade-offs are intense traffic, tropical heat, and the chaos that comes with a megacity of 14 million.
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
IggyBoy Estrera Dapitan III
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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