JP Rizal St., Brgy. Sto. Niño, Parañaque City
Paranaque, Philippines
Guide Price
$113,274
6,400,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
1
Description
𝐀𝐑𝐈𝐒𝐓𝐀 𝐏𝐋𝐀𝐂𝐄 𝐂𝐎𝐍𝐃𝐎 Sto. Nino, Paranaque Developer: DMCI HOMES
Nearest Landmarks: 𝐎𝐤𝐚𝐝𝐚 𝐌𝐚𝐧𝐢𝐥𝐚 𝐂𝐢𝐭𝐲 𝐨𝐟 𝐃𝐫𝐞𝐚𝐦𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐀𝐢𝐫𝐩𝐨𝐫𝐭𝐬 𝐌𝐚𝐤𝐚𝐭𝐢 𝐂𝐁𝐃 𝐂𝐀𝐕𝐈𝐓𝐄𝐗
Unit Details:
2-Bedroom Balcony Laundry Area With Covered Parking
*𝐂𝐋𝐄𝐀𝐍 𝐓𝐈𝐓𝐋𝐄 *𝐖𝐄𝐋𝐋-𝐌𝐀𝐈𝐍𝐓𝐀𝐈𝐍𝐄𝐃 𝐔𝐍𝐈𝐓 *𝐅𝐀𝐂𝐈𝐍𝐆 𝐀𝐌𝐄𝐍𝐈𝐓𝐈𝐄𝐒
Asking Price: 6.4M with CGT (Slightly Negotiable)
For schedule of actual viewing, please call/text:
LORIE GARCIA Licensed Real Estate Broker DHUSD 5944 PRC Lic.# 28694 0927.392.----
Location
Open in Google MapsLiving in Paranaque
A Metro Manila city near the airport and Entertainment City casino strip, offering modern condos at a fraction of US prices — a couple can live comfortably on $1,000-$1,500/month. English is widely spoken, making daily life easy for Americans. Traffic is the main drawback, with rush-hour commutes stretching well past two hours.
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
Lamudi
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.
Lamudi.com.ph
PHP