Property Description
This Apartment in Manila City, Metro Manila, 1004, Philippines is for sale at ₱40,000,000. It features 11 bedrooms and 11 bathrooms with 335.35 sqm of floor area.
Unlock a steady stream of passive income with this meticulously maintained 4-storey apartment building located in the heart of Tondo, Manila. Perfectly situated near major transport hubs and commercial centers, this property offers a rare combination of immediate cash flow and long-term capital appreciation. Property Summary: This versatile property is designed for maximum utility, featuring a mix of residential units and a spacious owner's floor, topped with a scenic event-ready roof deck. • Lot Area: 142.50 sqm • Floor Area: 335.35 sqm • Total Floors: 4 Stories + Functional Roof Deck • Occupancy: 100% Fully Occupied • Monthly Passive Income: ₱90,000/month Detailed Building Features: - The structure is intelligently partitioned to cater to both rental income and private residential use. The 1st Floor houses a secure garage, a commercial store space, and two residential units. The 2nd and 3rd Floors each contain three well-maintained units, while the 4th Floor is currently a dedicated whole-floor residence for the owner. - The 5th Floor adds incredible value with an additional unit and a large, open-concept roof deck. Featuring a built-in roof kitchen, this space is ideal for hosting events or private family gatherings with views of the urban skyline. Strategic Location & Accessibility: • Situated in a high-demand rental district, your investment is secured by its proximity to Manila’s essential landmarks: - Transport Hubs: Just minutes away from LRT-1 Blumentritt Station and the Skyway Entry for effortless travel across Metro Manila and beyond. - Retail & Lifestyle: Located near SM City San Lazaro, traditional local markets, and various restaurants and schools. - Peace of Mind: Peacefully situated beside the Barangay Hall, providing an extra layer of security. - Flood-Free: This property has no history of flooding, ensuring the safety of your tenants and the longevity of your asset. Investment Security & Perks: This is a hassle-free acquisition with all documentation in order. The property comes with a Clean Title, updated Real Estate and Property Taxes, and is fully Insured. To further streamline the transaction, the Capital Gains Tax (CGT) will be shouldered by the seller. Pricing Asking Price: ₱40,000,000 Take advantage of this high-yield asset in one of Manila's most accessible locations. For site viewing schedules and serious inquiries, please contact us today to secure this prime investment. James Harold Dendero Licensed Real Estate Broker +639912294641 - WhatsApp/Viber DL-SMRB
Apartment Prices in the Philippines
Avg sale price by size and furnishing · 25 for sale listings
This apartment is 89% above the average per sqm for a apartment for sale in the Philippines (₱119,278/sqm vs ₱63,212/sqm, 25 listings).
The average 5+-bedroom apartment for sale in the Philippines is ₱16.6M (₱66,175/sqm), from 22 listings.
Avg sale price of apartment listings in the Philippines, by bedrooms and furnishing
| Bedrooms | Avg sale price · all | Fully Furnished | Semi Furnished | Unfurnished | Finish |
|---|---|---|---|---|---|
| 2 bedrooms | avg₱4.7Mavg ₱38,211/sqm1 listing | — | — | — | avg₱4.7Mavg ₱38,211/sqm1 listing |
| 3 bedrooms | avg₱23.0Mavg ₱30,667/sqm1 listing | — | — | avg₱23.0Mavg ₱30,667/sqm1 listing | — |
| 4 bedrooms | avg₱10.0Mavg ₱55,556/sqm1 listing | — | avg₱10.0Mavg ₱55,556/sqm1 listing | — | — |
| 5+ bedrooms | avg₱16.6Mavg ₱66,175/sqm22 listings | This listingavg₱17.3Mavg ₱53,622/sqm4 listings | avg₱15.5Mavg ₱61,262/sqm13 listings | — | avg₱18.7Mavg ₱88,992/sqm5 listings |
| All apartment | avg₱16.1Mavg ₱63,212/sqm25 listings | avg₱17.3Mavg ₱53,622/sqm4 listings | avg₱15.1Mavg ₱60,854/sqm14 listings | avg₱23.0Mavg ₱30,667/sqm1 listing | avg₱16.4Mavg ₱80,529/sqm6 listings |
Average asking prices of public listings on Filipino Homes · ₱/sqm on floor area (lot area for land) · not an appraisal
