4 Bedroom House for sale in Novaliches Proper, Metro Manila, Quezon City, Metro Manila
Quezon City, Philippines
Guide Price
$353982
20000000 PHP
PROPERTY TYPE
house
BEDROOMS
4
BATHROOMS
3
Description
FOR SALE: House & Lot with 10 Income-Generating Apartment Units
Millionaires Village, Novaliches QC
Only โฑ20,000,000 net | 420 sqm Lot | ๏ฟฝ Strong Monthly Rental Income
Looking for a property that pays for itself?
This rare opportunity in Millionaires Village, Brgy. San Agustin, Novaliches QC
features a spacious residential lot with 10 fully occupied apartment units, giving you steady, reliable cash flow from Day 1.
PROPERTY DETAILS
Lot Area: 420 sqm
Floor Area: Approx. 207 sqm
Improvements:
โ 10 small apartment units
โ Main residential structure
Status: Clean title, ready for transfer
Ideal for:
โ Rental business expansion
โ Long-term investment
โ Redevelopment (townhouses, apartments, multi-level)
LOCATION
ADVANTAGES
Situated inside Millionaires Village, a secure and gated community
Walking distance to public transport
Near schools, churches, markets, and commercial hubs
High rental demand area โ excellent for investors
Accessible to major roads in Novaliches and Quezon City
๏ฟฝ WHY THIS PROPERTY IS A GREAT BUY
Tenants already in place โ immediate passive income
Large lot size (420 sqm) gives future redevelopment potential
Safe, accessible, and desirable neighborhood
Very competitive
selling price for its size + income potential
Book a Viewing Today!
Message us to schedule a site visit or to request full rental details.
Irene Redecio
๏ฟฝYour Trusted Licensed Real Estate Broker Telephone number: View Phone
Living in Quezon City
The Philippines' largest city by population, with a more local and less corporate feel than Makati or BGC -- meaning lower rents and a more authentic Filipino daily experience. English is universally spoken, and you'll find major universities, hospitals, and shopping centers throughout. It's less polished than the business districts but offers significantly better value, with a sprawling, neighborhood-driven character.
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
Irene Redecio
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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