New listing, Pasay, Metro Manila
Pasay, Philippines
Guide Price
$61947
3500000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Prime Roxas Boulevard
Location | Ready for Rental or Personal Use | Only โฑ3,500,000
Own a fully furnished 1-bedroom condo in the sought-after Coast Residences, located along the prime Roxas Boulevard in Pasay.
This property is ideal for Airbnb, long-term rental income, or personal residence in one of the most strategic locations near Manila Bay, major business districts, and entertainment hubs.
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PROPERTY DETAILS
โข Condominium: Coast Residences
โข Unit Type: 1 Bedroom
โข
Floor Area: 24 sqm
โข Condition: Fully Furnished
โข Status: Ready for Occupancy
โข Total Investment: โฑ3,500,000
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Why This Property is a Smart Investment
โ Prime
location along Roxas Boulevard near Manila Bay
โ Ideal for Airbnb or long-term rental investment
โ High demand from tourists, expats, and professionals
โ Easy access to Pasay, Makati, and Manila business districts
โ Close to major malls, entertainment, and airport
โ Excellent rental and capital appreciation potential
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Nearby Landmarks
โข SM Mall of Asia
โข Manila Bay
โข Cultural Center of the Philippines
โข Ninoy Aquino International Airport
โข Okada Manila
โข Solaire Resort & Casino
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๏ฟฝ Perfect For
โ Rental Investment (Airbnb / Long-Term Lease)
โ First-Time Condo Buyers
โ OFW Investors
โ Professionals working in Pasay, Makati, or Manila Telephone number: View Phone
Living in Pasay
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
Sandi Doloricon
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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