1 Bedroom Condo for sale in Ermita, Metro Manila near LRT-1 Pedro Gil, Manila, Metro Manila
Manila, Philippines
Guide Price
$63520
3588888 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๏ฟฝ For Sale: Multiple Condo Units in La Nobleza Terrazas, Ermita Manila โ Perfect for Home or Investment
Location: La Nobleza Terrazas, Roxas Boulevard, Ermita, Manila
Developer: Noble Land
๏ฟฝ Unit Size: 27.5 sqm (Studio with partition)
๏ฟฝ Condition: As-is | Includes Aircon & Rangehood
๏ฟฝ Ready for Occupancy
Price: โฑ3,599,999 per unit โ Negotiable upon viewing
๏ฟฝ Payment: Flexible terms available | Spot Cash or Bank Financing
Available Units:
21F โ City View
21J โ City View
24C โ Premium Manila Bay View ๏ฟฝ
๏ฟฝ
Amenities: Swimming Pool, Gym, Playground, Function Hall, 24/7 Security
Why Buy Here?
High-floor units in a 4-year-old building
Strong rental demand from expats, students, and tourists
Walking distance to Robinsons Manila, UP Manila, PGH, De La Salle, and the U.S. Embassy
Manila Bay area is popular for Airbnb and long-term rentals
๏ฟฝ Rental Potential: โฑ25,000 โ โฑ30,000/month (Airbnb or lease)
โก First Come, First Served! 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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
GDFI REM-ROPA
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 โ the complete pre-move checklist.
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