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AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL

Makati, Philippines

Guide Price

$303,082

โ‚ฑ18,291,000 PHP ยท $408/sqft

PROPERTY TYPE

condo

BEDROOMS

1

BATHROOMS

2

SIZE

743 sq ft

AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL - Photo 2
AFC Building, Lakandula Street, Bel-Air, Makati City, Metro Manila, National Capital Region, PHL - Photo 3
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Description

๐—ฅ๐—˜๐—ก๐—ง ๐—ง๐—ข ๐—ข๐—ช๐—ก ๐—–๐—ข๐—ก๐——๐—ข | ๐—ฅ๐—˜๐—”๐——๐—ฌ ๐—™๐—ข๐—ฅ ๐—ข๐—–๐—–๐—จ๐—ฃ๐—”๐—ก๐—–๐—ฌ โ‚ฑ52,000 monthly | Executive 1BR ๐šƒ๐š‘๐šŽ ๐™ด๐š•๐š•๐š’๐šœ ๐˜š๐˜ข๐˜ญ๐˜ค๐˜ฆ๐˜ฅ๐˜ฐ ๐˜๐˜ช๐˜ญ๐˜ญ๐˜ข๐˜จ๐˜ฆ, ๐˜”๐˜ข๐˜ฌ๐˜ข๐˜ต๐˜ช ๐˜Š๐˜ช๐˜ต๐˜บ โœ”๏ธ Reserve the unit for only โ‚ฑ60,000 โœ”๏ธ Downpayment as low as โ‚ฑ575,000 to move in (can be split over up to 3 months) โœ”๏ธ Monthly payment of only โ‚ฑ52,000 (48 months to pay at 0% interest rate) โœ”๏ธ Lumpsum on the 12th, 24th, 36th and 48th month as low as โ‚ฑ529,000 โ—พ Ready for Occupancy โ—พ Perfect for Airbnb or Rental Business โ—พ Walking distance to Greenbelt, Ayala Triangle & Makati CBD โ—พ Pet friendly condominium ๐—ก๐—ฒ๐—ฎ๐—ฟ๐—ฏ๐˜† ๐—˜๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—บ๐—ฒ๐—ป๐˜๐˜€: Ayala Avenue (Makati CBD), RCBC Plaza (Corporate & Financial Hub), Ayala Triangle Gardens, Glorietta & Greenbelt Malls (Ayala Center), Rockwell Center, Makati Medical Center, Major Embassies and Corporate Headquarters, Century City Mall, Legazpi Active Park, Salcedo Saturday Market, etc. ๐—จ๐—ป๐—ถ๐˜๐˜€ ๐—”๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ : Studio | 22.5 - 34.5 sqm 1 Bedroom | 64 - 69 sqm 2 Bedroom | 75 - 78 sqm Linked Units | 63.5 - 103.5 sqm ๐Ÿ”บ OTHER PROJECTS : Uptown BGC, McKinley Hill, Manhattan QC, Newport City Pasay and Mckinley West. What are you waiting for? Own a unit now! ๐Ÿ˜Š - ** ๐˜›๐˜ฉ๐˜ฆ ๐˜ญ๐˜ช๐˜ด๐˜ต๐˜ฆ๐˜ฅ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ ๐˜ข๐˜ฑ๐˜ฑ๐˜ญ๐˜ช๐˜ฆ๐˜ด ๐˜ฐ๐˜ฏ๐˜ญ๐˜บ ๐˜ต๐˜ฐ ๐˜ค๐˜ข๐˜ด๐˜ฉ ๐˜ฑ๐˜ข๐˜บ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ข ๐˜ด๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ฅ๐˜ช๐˜ด๐˜ค๐˜ฐ๐˜ถ๐˜ฏ๐˜ต. ๐˜—๐˜ข๐˜ณ๐˜ฌ๐˜ช๐˜ฏ๐˜จ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ ๐˜ช๐˜ด ๐˜ฏ๐˜ฐ๐˜ต ๐˜บ๐˜ฆ๐˜ต ๐˜ช๐˜ฏ๐˜ค๐˜ญ๐˜ถ๐˜ฅ๐˜ฆ๐˜ฅ.

Location

Open in Google Maps

Living in Makati

The Philippines' original financial hub with excellent walkability in neighborhoods like Salcedo and Legaspi Village, where you'll find upscale dining, international schools, and top hospitals within walking distance. English is universal here (the Philippines' biggest advantage for American expats), keeping daily life frictionless. It's the priciest area in the Philippines but still very affordable by US standards, with modern condos and a large expat community.

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: Retiring Abroad on Social Securityโ†’

Key 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 Abroadโ†’
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

๐Ÿ’ฐCost of Living
Affordable
๐Ÿ›ก๏ธSafety
Use caution
๐Ÿ—ฃ๏ธEnglish Spoken
Widely
๐ŸฅHealthcare
Basic
๐ŸŒฌ๏ธAir Quality
Poor
๐Ÿ“ถInternet
Slow
๐ŸšถWalkability
Moderate
๐Ÿš‡Transit
Limited

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

โ‚ฑ5,000-15,000/yr

HOA / Condo Fees

โ‚ฑ3,000-10,000/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.

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules โ€” the complete pre-move checklist.

Source

Lamudi.com.ph

Portal listings

200,000

Currency

PHP