5 Bedroom House for sale in Marikina Heights, Metro Manila, Marikina, Metro Manila
Marikina, Philippines
Guide Price
$292035
16500000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
4
Description
MULTI-FAMILY RESIDENTIAL PROPERTY WITH INCOME POTENTIAL
Lot area: 81.20 square meters
Floor area: More or less 200 square meters (3-storey single detached)
Location:
- Walking distance to Marist School, Champaca St. and General Ordoñez
- Surrounded by schools, churches, hospitals, banks, supermarkets and other community
facilities and services
- Very near Ayala Mall Marikina
Property
Features:
- 2 houses with separate access
- 1 shared car garage
- Each floor has a balcony overlooking the expansive greenery of St. Camillus, where the breeze carries a soothing calm.
- Ideal as a shared space for extended families
- 2-storey house can be the main house, 3rd level apartment can be rented out for additional income, or as an office or business use
MAIN HOUSE:
- Newly renovated
- 2 storey with spacious living and dining areas; with built-on modular kitchen cabinets
- with dirty kitchen and laundry area
- 2 bedrooms on the 2nd floor, a family den, and 3 bathrooms in total
BACK HOUSE:
- sits on top of the main house, essentially making it the 3rd level
- with separate and independent stair access from the garage
- One-level house with living, dining, kitchen, 3 bedrooms, 1 T&B, balcony
ASKING PRICE: P16.5 Million inclusive ALL taxes and expenses, very negotiable
Note: Property facade edited in order to show the building without obstructions (electrical wires). Please refer to the photos for the original version of the image. 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
Cesson Real Estate Corporation
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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