Paco, Manila, Kalakhang Maynila, Pilipinas
Manila, Philippines
Guide Price
$1,075,998
₱64,936,500 PHP · $415/sqft
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
3
SIZE
2594 sq ft
Description
Discover Your Dream Home in Manila! Exclusive Living at NILA Residences – Your Serene Escape Awaits! Mont Property Group proudly introduces Nila Residences Courtyard Homes in Paco, Manila. This exclusive low-density residential enclave redefines urban luxury, blending serene garden living with the dynamic pulse of city life. With only 200 meticulously crafted villas, this gated community offers an ultra-low-density environment, ensuring privacy and exclusivity. Villa Options: • Premium 3-Bedroom Villa (~241 sqm): Open-plan living with modern kitchens, contemporary bathrooms, and 2 parking slots. • Signature 3-Bedroom Villa (~286 sqm): Corner units with premium finishes and 2 parking slots for added sophistication. • Premium 4-Bedroom Villa (~370 sqm): Spacious layouts including a master suite, guest room, maid’s room, and 4 parking slots. • Garden 4-Bedroom Villa (~388 sqm): Ideal for multigenerational living, with private garden access and 4 parking slots. Payment Options: • Option 1: 10% down payment, 10% over 47 months, 80% lump sum. • Option 2: 10% down payment, 20% over 58 months, 70% lump sum. Contact us now at to reserve your dream home! 📞0917 643 ----
Location
Open in Google MapsLiving in Manila
The capital's dense urban core offers rock-bottom costs ($1,000-$1,500/month for a comfortable life) and widespread English fluency. Makati and BGC are the expat hubs with modern condos, international restaurants, and reliable infrastructure. The trade-offs are intense traffic, tropical heat, and the chaos that comes with a megacity of 14 million.
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: Retiring Abroad on Social Security→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.
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.
Lamudi.com.ph
200,000
PHP