New listing, Parañaque, Metro Manila
Manila, Philippines
Guide Price
$53097
3000000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Fully Furnished | Prime Bay Area
Location | Only β±3,000,000 (Clean Title)
Own a fully furnished 1-bedroom condo with private balcony in Solemare Parksuites, located in the prime Aseana Business Park, ParaΓ±aque, one of the most in-demand areas near Manilaβs Entertainment City.
Perfect for Airbnb, long-term rental investment, or personal residence, with strong demand from tourists, airport travelers, and professionals working in the Bay Area.
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PROPERTY DETAILS
β’ Condominium: Solemare Parksuites
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Location: Bradco Avenue, Aseana Business Park, ParaΓ±aque
β’ Unit Type: 1 Bedroom with Private Balcony
β’
Floor Area: 28 sqm
β’ Condition: Fully Furnished (Move-in Ready)
β’ Title Status: Clean Title
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Selling Price: β±3,000,000 β Rush Sale
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Why This Property is a Smart Investment
β Located in the high-demand Entertainment City / Bay Area district
β Ideal for Airbnb or long-term rental income
β Balcony unit β attractive for tenants and guests
β Near airport, casinos, and major malls
β Strong rental demand from tourists, expats & professionals
β Priced to sell β below market value
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οΏ½ Premium
Amenities
β’ Large Swimming Pools
β’ Fully Equipped Fitness Gym
β’ Function Rooms
β’ Landscaped Gardens
β’ 24/7 Security
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Nearby Landmarks
β’ SM Mall of Asia (MOA)
β’ Ayala Malls Manila Bay
β’ Okada Manila
β’ Solaire Resort & Casino
β’ City of Dreams Manila
β’ DFA Aseana
β’ NAIA International Airport
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οΏ½ Perfect For
β Airbnb / Short-Term Rental Business
β Long-Term Leasing Investment
β First-Time Condo Buyers
β OFW Investors
β Professionals working in Pasay, Makati, or BGC 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β yours.
Contact Agent
Sandi Doloricon
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 β the complete pre-move checklist.
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