8 Adriatico, Padre Faura Street, Ermita, Manila, Kalakhang Maynila, Pilipinas
Manila, Philippines
Guide Price
$70,796
4,000,000 PHP
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
Description
Experience the vibrant heartbeat of Manila at 8 Adriatico, a premier residential condominium located at the corner of Padre Faura and J. Bocobo Streets in Ermita. This property offers the perfect blend of heritage, culture, and modern convenience, making it an exceptional choice for students, professionals, and investors alike.
Currently offering a "Good Deal" status, these units are Ready for Occupancy (RFO), meaning you can move in or have the unit rented out immediately after processing the requirements. The
location is unbeatable—situated right beside Robinsons Place Manila and walking distance to top-tier universities like UP Manila, ensuring high rental demand and property value appreciation.
Available Units & Pricing Choose from a variety of spacious layouts designed to fit your lifestyle and budget. Prices listed below are negotiable.
Studio Unit (25.14 sqm): Ideal for students or solo professionals.
Price: ₱4,000,000.00
1-Bedroom Unit (49.92 sqm): Perfect for couples or those needing extra workspace.
Price: ₱9,700,000.00
2-Bedroom Unit (91.63 sqm): A generous space for growing families.
Price: ₱17,900,000.00
Key
Features & Promos This offer comes with aggressive promotional terms that make owning a condo in Manila more accessible than ever:
Early Move-In Promo: Move in immediately with as low as 5% Downpayment.
Huge Savings: Avail of up to a 10% Discount on the
Total Contract Price (TCP).
Flexibility: Options for Spot Cash or Bank Financing are available to suit your financial capabilities.
Nearby Establishments &
Accessibility 8 Adriatico boasts an enviable
location with a Walk Score that is hard to beat. You are steps away from malls, government offices, and transport hubs.
Shopping & Leisure:
Robinsons Place Manila: 110 m (Approx. 1-minute walk)
Manila Baywalk/Dolomite Beach: 450 m (6-minute walk)
Mall of Asia: 6 km (17-minute drive)
Schools & Universities:
UP Manila: 170 m (2-minute walk)
De La Salle University (DLSU): 2.3 k
Location
Open in Google MapsLiving 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
Lamudi
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
PHP