New listing, Pasay, Metro Manila
Pasay, Philippines
Guide Price
$1504425
85000000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
4
Description
Massive 731 sqm Lot | 2,193 sqm Total
Floor Area | Prime Income Property
Tolentino Street, Pasay City
This rare estate compound in Pasay City offers a unique combination of a luxury family mansion and an income-generating apartment building on one property. Ideal for high-yield rental investment, corporate staff housing, multi-generational living, or redevelopment in one of Metro Manilaβs most strategic locations.
With its massive floor area, multiple living spaces, and rental units, this property delivers long-term value and strong ROI potential.
ββββββββββββββββββ
οΏ½ PROPERTY
OVERVIEW
β’ Lot Area: 731 sqm
β’ Total
Floor Area: 2,193 sqm
β’ Structures: 3-Storey Main House + 3-Door Apartment Building
β’ Parking: 8 Secure Parking Slots
β’ Condition: Semi-Furnished | Well-Maintained
Selling Price: β±85,000,000 (Negotiable β Serious Buyers Only)
ββββββββββββββββββ
MAIN HOUSE
FEATURES (3 FLOORS)
β’ 5 Spacious Bedrooms
β’ Utility Room + Library / Study Room
β’ 4 Toilet & Bath + Large Shared T&B (Convertible)
β’ 3rd Floor Entertainment Room with Open Deck
β’ Indoor Fountain Feature
β’ CCTV Security System Installed
β’ Centralized Water Heating System
β’ Dedicated Laundry Area
Perfect for large families, executive residences, or company housing.
ββββββββββββββββββ
INCOME-GENERATING BUILDING
β’ 3-Door Apartment (Townhouse-Style Units)
β’ Each Unit: 2 Storeys | 2 Bedrooms | 1 Toilet & Bath
β’ Private Laundry Area per Unit
β’ Separate Large Storage Area with its own Toilet
οΏ½ Ideal for long-term rental income or staff accommodation.
ββββββββββββββββββ
Strategic
Location Advantage
Quick access to major business and entertainment hubs:
β’ Ninoy Aquino International Airport
β’ SM Mall of Asia
β’ Okada Manila
β’ Solaire Resort & Casino
β’ City of Dreams Manila
β’ Makati & Pasay Business Districts
ββββββββββββββββββ
Investment Potential
β Perfect for passive rental income
β Ideal for corporate staff housing
β Great for multi-generational family compound
β Potential residential redevelopment opportunity
β Large land area in high-value Pasay
location
Properties of this size and
location are extremely rare, making it a blue-chip real estate asset in Metro 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β 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 β the complete pre-move checklist.
DotProperty.com.ph
PHP