H23F+VQ Makati, Metro Manila, Philippines
Makati, Philippines
Guide Price
$364,540
₱22,000,000 PHP · $323/sqft
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
3
SIZE
1130 sq ft
Description
2 Bedroom Condo FOR SALE in One Central Salcedo Makati Ready for occupancy. Available in Rent to Own Payment Term. Location: Cor. Sen. Gil Puyat Ave. and H.V. Dela Costa Street, Salcedo Village, Makati City across RCBC Plaza Perfect for either personal use or investment. Pay a low down payment while already using and owning the unit. KEY FEATURES ✓ Prime location in Makati - Salcedo Village ✓ Pet friendly ✓ Spacious layout ✓ With maid's quarter/ storage Why choose direct to developer units compared to resellers? ✅ Guaranteed pristine condition units on your move in day ✅ Direct developer unit so it has warranties ✅ Clean title transfer handled by the developer for you – no hassle paper works ✅ Secure official papers directly under your name – for your peace of mind ✅ Safe transaction for your money – deal directly to Megaworld Corporation TOTAL CONTRACT PRICE 1) CASH Term: 22 Million 2) RENT TO OWN Term: 28.5 Million Draft Quotation for Special Rent to Own Term • Reservation Fee: 60K • Down Payment: 500K • Monthly Amortization in 60 months: 71K • Lump sum every 10th-month (6x): 571K • Balance payable on 60th month: 20.2M (payable thru bank loan or inhouse financing) * Vat Inclusive * Taxes and fees are not yet included * Price reflected in the listing is for cash payment term. Draft for installment payment term stated above. Amenities: OUTDOOR - Swimming Pool - Kiddie Pool - Pool Deck - Pool Lounge - Entertainment Pavilion - Outdoor Function Area - Tot Lot - Children Play Area - Palm Court - Meditation Garden - Flower Garden - Sculpture Garden with Reflexology Path - Fitness Station - Park Bench - Contemplative Water Plaza - Pergola - Landscaped Sun Deck - Shallow Water Foot Bath - Bubble Bath and Tea Leaf-infused Thermal Dip Pool INDOOR - Library/Book Club - Game Room with Interactive Internet Game Studio - Day Care Center - Spa and Sauna - Gym - Male/Female Locker and Changing Rooms - Bar Lounge - Function Rooms - Business Center - Yoga/Dance/Aerobic Stu...
Location
Open in Google MapsLiving 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) — 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.
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