New listing, Pasig, Metro Manila
Pasig, Philippines
Guide Price
$79646
4500000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Premium Rockwell Development | Move-In Ready | High Rental Demand
The Grove by Rockwell
Own a fully furnished studio unit in The Grove by Rockwell, a prestigious residential community along C-5 Road in Pasig City. Perfect for professionals, investors, or first-time buyers looking for a secure and high-value property near major business districts.
With its strategic location, premium amenities, and strong rental demand, this unit offers an excellent opportunity for personal residence or rental income investment.
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PROPERTY DETAILS
โข Condominium: The Grove by Rockwell
โข Unit Type: Studio Unit
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Floor Area: 24 sqm
โข Condition: Fully Furnished
โข Layout: Efficient & Functional Design
โข Status: Move-In Ready
Selling Price: โฑ4,500,000
โ Perfect for personal residence
โ Ideal rental investment opportunity
โ Located in a prestigious Rockwell community
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Prime
Location โ Easy Access to Major Business Hubs
Strategically located along E. Rodriguez Jr. Avenue (C-5) with convenient access to key commercial districts:
โข Ortigas Center
โข Bonifacio Global City
โข Eastwood City
โข Tiendesitas
โข SM Megamall
โข Robinsons Galleria Ortigas
๏ฟฝ High rental demand from professionals working in
nearby business districts.
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Community
Amenities
๏ฟฝ Resort-style swimming pools
๏ฟฝ Fully equipped fitness gym
Function rooms for events
๏ฟฝ Landscaped gardens and open spaces
๏ฟฝ 24/7 security and professional property management
Enjoy a secure, well-planned Rockwell lifestyle community. Telephone number: View Phone
Living in Pasig
Home to the Ortigas Center business district, Pasig offers a central Metro Manila location with modern condos, malls, and office towers at prices generally lower than Makati or BGC. English is spoken universally, and the Kapitolyo neighborhood has emerged as a foodie destination with trendy restaurants and cafes. A practical, more affordable base for expats working in the metro's eastern business corridor.
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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