PROP-BE1B6520

FOR SALE! Studio Unit 38sqm Condominium in Brgy Mandalagan Bacolod-AP

Mandalagan, Bacolod-1, Bacolod, Negros Island Region, 6100, Philippines
Property main imageProperty main image
₱8,700,000
For Sale

₱229,068 per sqm

Condo
unfurnished
Studio
 
1
Baths
37.98
Floor sqm
MRMiyabi Realty

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About This Property

A compact studio unit measuring 37.98 sqm is now available as a condo for sale Philippines market, offering a single bathroom and a clear floor plan that maximizes functional living space. Priced at ₱8.70 million, this unit for sale Philippines presents a straightforward entry point for investors or first‑time owners seeking a modern residence in Bacolod City. The studio’s size places it within the 38‑39 sqm range typical of Narra Residences’ studio offerings, aligning with the price band of ₱8.7 million to ₱9.9 million for this category. The interior layout of the studio embraces an open‑concept design, with the living area seamlessly integrating a compact kitchen and a versatile sleeping zone. While the unit does not include built‑in furnishings, the space is ready for personalized finishing touches that suit contemporary tastes. Parking provisions are managed through the building’s dedicated parking area, ensuring residents have convenient access to a secured spot without the need for additional arrangements. The studio’s efficient footprint makes it suitable for a single occupant or a couple looking for a low‑maintenance home. Narra Residences, developed by Rockwell, anchors this property within a reputable portfolio known for quality construction and thoughtful community planning. Although specific construction timelines are not disclosed, the development adheres to Rockwell’s standards, which emphasize durability and aesthetic consistency across all units. Prospective buyers can be confident that the condominium for sale Philippines is part of an established project that reflects the developer’s commitment to delivering reliable residential solutions. Located on Buri Road in Barangay Mandalagan, Bacolod City, the studio enjoys a strategic position within a growing urban district. The neighborhood offers easy access to major thoroughfares, public transportation options, and essential services, making daily commutes and errands straightforward for occupants. As a unit to buy Philippines, the property benefits from Bacolod’s expanding commercial activity while retaining a residential ambience that balances convenience with comfort. At ₱8.70 million, the studio provides a competitive value proposition for a condominium to buy Philippines, especially when paired with a comprehensive suite of amenities. Residents can enjoy a function hall for gatherings, a swimming pool with a dedicated kiddie pool, a basketball court, a fully equipped gym, and a glass house for leisure. Security is maintained 24/7, and a flood control pond adds an extra layer of safety for the community. Payment terms include a ₱100,000 reservation fee, 20 % downpayment, a 10 % spot‑down, an additional 10 % staggered over 2–8 months, and the remaining 80 % available through bank financing, offering flexibility for qualified buyers. Popular searches: condo for sale Philippines · condo to buy Philippines · condominium for sale Philippines · condominium to buy Philippines · unit for sale Philippines · unit to buy Philippines.

Location Insights

This condo is located in City of Bacolod.City of Bacolod is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.

Price Analysis

This condo is listed at ₱8.70M. With a floor area of 37.98 sqm, this translates to approximately ₱229,068 per sqm — a competitive rate for City of Bacolod.

Property prices in City of Bacolod vary based on location, building quality, floor level, and available amenities. Buyers are encouraged to compare nearby listings and consider long-term value appreciation when evaluating this property.

Investment Potential

This condo in City of Bacolod presents a solid investment opportunity in the Philippine real estate market. Properties in this segment typically yield rental income of 4%–6% gross annually, depending on occupancy and lease terms.

Based on the asking price of ₱8.70M, comparable rental income for a condo in this area is estimated at approximately ₱29,000₱43,500 per month. Actual returns depend on market conditions and property management.

With 37.98 sqm of floor area, this property offers practical living space that appeals to both owner-occupiers and investors seeking long-term capital appreciation in the Philippine property market.

* Rental yield estimates are indicative only and based on general market averages. Consult a licensed real estate broker for a formal investment analysis.

Property Details

Property TypeCondo
Listing TypeFor Sale
Floor Area37.98 sqm
Furnishingunfurnished
Listed OnApril 29, 2026
Affordability
Calculate your monthly mortgage payments
Your est. payment: ₱68,269/month*
₱8,700,000
₱1,740,000
20%
7.5%
₱68,269/month
Principal & Interest
₱56,069
Property Tax
₱7,250
Home Insurance
₱1,450
HOA/Condo Dues
₱3,500

*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.

Sales Closing Costs
2025 Rates
Broker Commission
Seller Pays

₱957,000

Buyer Pays

₱265,600

Total Closing Costs₱1,222,600
Location

Mandalagan, Bacolod-1, Bacolod, Negros Island Region, 6100, Philippines

10.691830, 122.966142

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