House for sale in Paco, Metro Manila, Manila, Metro Manila
Manila, Philippines
Guide Price
$1203540
68000000 PHP
PROPERTY TYPE
house
BEDROOMS
1
BATHROOMS
1
Description
Nila Residences, Manila by Mont Group Realty
The developer of award-winning The Rise at Monterrazas Cebu is opening its first premium townhouse project in Manila.
* 3-4 Bedrooms
* Own Private Elevator
* CCT Ownership (foreigners can own)
* Top-notch
Amenities and Unit Finishes
* 241 sqm to 388 sqm
floor area
* 4 floors
* Courtyard Concept
* Near MalacaΓ±ang, Landers, Skyway Exit
4 UNIT TYPES:
β1st - 241 sqm
72 units
3 Bedroom
2 Parking
Php 68-69M
β2nd - 286 sqm
54 units
3 Bedroom
2 Parking + 2 Motor/Bicycle οΏ½
Php 80-89M
β3rd - 352 sqm
74 units
4 Bedrooms
3 Parking
Php 99M-110M
β4th - 388 sqm
10 units only
4 Bedroom
3 Parking
With garden
*prime
location
Php 135M
Standard
Payment Terms:
10-20-70 (60 months)
20-80 (60 months)
Cash
Promo
Payment Terms:
1st type - 10-10-80 (47 months)
The rest, 3 & 4
10-10-80 (60 months)
To schedule viewing and presentation:
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
Khristian Klark Ocampo Marinay
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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