Back to Manila, Philippines

Paco, Manila, Kalakhang Maynila, Pilipinas

Manila, Philippines

Guide Price

$1076445

64963500 PHP · $415/sqft

PROPERTY TYPE

house

BEDROOMS

3

BATHROOMS

3

SIZE

2594 sq ft

1/1

Description

Own a Brand New Modern Townhouse for Sale in Otis, Paco, Manila at Nila Residences. Move-In Ready Soon! Limited Units Only! Discover your new home at Nila Residences, a boutique townhouse community in Paco, Manila, thoughtfully developed by The Mont. With modern architecture, smart layouts, and a prime location just minutes away from major Manila landmarks, Nila Residences offers the perfect balance of comfort, accessibility, and long-term value. ✨ Available Units: ✅ Premium 3-Bedroom – Approx. 241 sqm, 2 parking slots ✅ Signature 3-Bedroom – Approx. 286 sqm, 2 parking slots ✅ Premium 4-Bedroom – Approx. 370 sqm, 4 parking slots ✅ Garden 4-Bedroom – Approx. 388 sqm, 4 parking slots Amenities: • Swimming Pools – Leisure spaces for all ages • Playgrounds & Walkways – Safe, car-free spaces for families • Fitness Gym & Wellness Zones- Active living promoted through well-equipped facilities. • Landscaped Courtyards – Promotes community and outdoor living • Clubhouse – Function rooms and lounges for events and gatherings Prime Accessibility: 📍 200m to Robinsons Otis 📍 2KM to SM Manila, Ermita 📍 4KM to LRT 1 United Nations Station 📍 6KM to Makati CBD 📍 10KM to Bonifacio Global City (BGC) 💰 Flexible Payment Terms – Choose What Works for You! 📍 Option 1: 10% DP | 10% over 47 months | 80% Lump Sum 📍 Option 2: 10% DP | 20% over 58 months | 70% Lump Sum ✅ Low monthly amortization, easy terms, and great value per square meter make Nila Residences a rare find in Metro Manila. 📞 DM us today to schedule a private viewing or request a virtual tour. 📦 Units are limited and selling fast, don’t miss this rare opportunity to own a luxury villa in Manila. 📌 Please Note: Prices may vary based on unit size, availability, and ongoing promos. Contact us now for a detailed quotation or sample computation.

Location

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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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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.

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Lamudi.com.ph

Portal listings

200000

Currency

PHP