3 Bedroom Shophouse for sale in Concepcion Uno, Metro Manila, Marikina, Metro Manila
Marikina, Philippines
Guide Price
$336283
19000000 PHP
PROPERTY TYPE
shophouse
BEDROOMS
3
BATHROOMS
4
Description
5-Story Commercial Building for Sale – Marikina | Along Major Road with High Foot Traffic
This 5-story commercial building is strategically located along a major road in Marikina, offering high visibility and excellent foot traffic, ideal for retail, offices, or mixed-use business ventures. The property also generates rental income of Php 125,000 per month (gross), making it an attractive investment opportunity.
Property Details
• Lot Area: 93 sqm
•
Floor Area: 418 sqm
• 5 Stories
• 2 Commercial Spaces
• 1 Mezzanine
• 3 Rooms
• 4 Toilets
• Large living room and kitchen
• 2 wash areas
• Small balcony and large balcony
• Panoramic 360° views overlooking Marikina, Pasig, Batasan, and Rizal
• 2 Parking Slots
• Clean Title
Investment & Payment Options
• High foot traffic location, ideal for business operations
•
Payment Terms: Cash or Rent-to-Own
• Current rental income: Php 110,000 per month (gross)
Price - Php 19,000,000 (Negotiable)
Call or send us a message for more inquiries.
Tanabe Realty PRC Telephone number: View Phone
Living in Marikina
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
Tanabe Realty
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.
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