1 Bedroom Condo for sale in The Florence, McKinley Hill, Metro Manila, Taguig, Metro Manila
Taguig, Philippines
Guide Price
$173,473
9,801,250 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
READY FOR OCCUPANCY | Rent to Own Condo
THE FLORENCE
- located in Florence Way, McKinley Hill,Fort Bonifacio Taguig
( Adjacent to Venice Grand Canal Mall )
Unit Type: 1 Bedroom with Balcony
Size: 43.10 sqm
Floor: 22nd
Cash term: Php 9,801,250.00 ( can split in 3 months )
Rent to Own Terms: Php 11,843,763.05
5% of TCP : Move in Downpayment 592,188.14
12.5%of TCP : Monthly Amortization 30,843.13 ( O% interest in 48 months )
2.5% of TCP : Lumpsum on the 10th,20th,30th month ( optional )
75% of TCP : Turn over Balance Payable thru bank finance/inhouse/cash on the 49th month
**Flexible payment terms**
UNIT
HIGHLIGHTS
- unit with balcony
- floor to ceiling glass window
- free installed split type aircon
- equipped kitchen
- floor to ceiling glass window
- Low density building
- Gated community
- No retail shop at the G/F for privacy( but across the building there are shops)
FACTS :
- Lifetime ownership
- Direct from developer to your name
- Less hassle process
- 30-45 days unit turnover
- No credit investigation and ITR requirements
- No bank pre approval requirements
- Suitable for end-use or investment
- Pet friendly
** Accessible to Lawton Station of soon METRO MANILA SUBWAY
NEARBY ESTABLISHMENTS:
- Venice Grand Canal Mall
- BGC HIGH STREET
- FORBESTOWN
- Uptown Mall
- SM Aura
- Market Market
- NAIA TERMINAL 3
- S&R membership store
- JP Morgan Chase
- Newport World Resorts
- Villamor Air Base Golf Course
Nearby School:
Enderun Colleges
Korean International School
Chinese International School
The Abba’s Orchard Montessori S
Mint College
British International School
International School Manila
Nearby Hospitals:
St. Luke’s Medical Center
The Medical City
MyHealth Clinic
High Presicion Diagnostics
Medicard Clinic
Nearby Embassy:
-Bristish Embassy
-Korean Embassy
-UAE Embassy
-Italian Embassy
-Qatar Embassy
Security Forces
Nearby:
- Philippine Army
- Philippine Navy
- Philippine Air Force
NOTE:
VAT inclusive
Taxes and fees are not yet included
Price reflected in listings is for cash terms
Installment term details are stated above
THIS YEAR MAY SEE PRICE INCREASE DUE TO LIMITED RFO SUPPLY IN THE AREA
Reserve your unit now for only Php 35,000.00
For Inquiries and actual unit viewing contact:
Grace Fernandez
Assistant Sales Manager
Megaworld RFO Premier Telephone number: View Phone
Location
Open in Google MapsLiving in Taguig
Home to Bonifacio Global City (BGC), the Philippines' most modern business district -- think gleaming towers, international restaurants, and headquarters for Google, JP Morgan, and HSBC. English is widely spoken (it's an official language), making daily life seamless for Americans, and the cost of living is a fraction of US cities. Expats can own condo units (but not land), and the area is well-planned with good flood management, a rarity in Metro Manila.
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
Grace Fernandez - MEGAWORLD RFO NCR
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.
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