PROP-1093A271

Commercial/residential Property In Intramuros | 481sqm Commercial Space for Sale in City Of Manila

Magallanes St, City Of Manila
Property main imageProperty main image
₱90,000,000
For Sale

₱187,110 per sqm

Commercial
unfurnished
481.00
Floor sqm

About This Property

In the heart of Manila lies a versatile and prime real estate offering an opportunity to either invest or reside. This property boasts substantial space, providing ample potential for various commercial ventures while also accommodating residential use with its generous floor area that spans over half a million square meters. Intricately designed within these walls are four luxurious bathrooms and the promise of privacy through an expansive lot enveloping 481 sqm, making it alluring for both business aspirants and future families seeking solace in their home environment. This property is on sale with a significant asking price set at ₱90 million to reflect its grandeur and prime location within the city's bustling metropolis. The architectural layout of this estate presents an open floor plan that seamlessly blends commercial functionality with residential comfort, all while maintaining strict privacy boundaries between them when required by users. This property not only features robust parking facilities but also includes a well-maintained garden which can serve as additional space for relaxation and recreation – enhancing the quality of life within its premises without compromising on professional or personal endeavors. Developed under esteemed ownership, this commercial/residential property stands out in Intramuros due to a harmonious design that respects both modernity and historical integrity. The construction phase is completed with utmost attention to detail, ensuring high standards are met throughout the building's amenities and finishes—though details on specific project names or developers were not provided within this listing context. Strategically located in Manila’s historic district of Intramuros provides an unparalleled accessibility advantage for both local commerce and tourism, ensuring that business opportunities abound while also offering a serene escape from the urban hustle beyond its walls. The locale's proximity to major thoroughfares enhances connectivity within Manila’s dynamic landscape – ideal not only as an investment destination but equally for those seeking residential peace amidst metropolitan vivacity. While this property may currently lack standalone amenities such as a private gym or swimming pool, its potential to include these luxuries is vast due to the ample space available onsite and in surrounding areas nearby – giving aspirants room for customization based upon their lifestyle preferences. The absence of specifics regarding exclusive services should not deter interested parties as there are many opportunities for personalized additions that align with individual tastes or business needs, making this property a blank canvas ready to be transformed into one's ideal living and working environment within the vibrant setting of Manila. Investing in such an exceptional real estate asset at ₱90 million provides not just financial returns but also contributes significantly towards revitalizing Intramuros, while simultaneously offering a taste of modern convenience intertwined with classic Filipino hospitality. This property stands as more than mere bricks and mortar; it represents an investment in community regeneration—a cornerstone that could very well anchor the resurgence of this historic city sector into becoming one of Manila's most sought-after residential or commercial hubs, ensuring appreciable growth for any savvy buyer.

Location Insights

This commercial is located in City of Manila, within the Commercial/residential Property In Intramuros development.City of Manila is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.

Price Analysis

This commercial is listed at ₱90.00M. With a floor area of 481.00 sqm, this translates to approximately ₱187,110 per sqm — a competitive rate for City of Manila.

Property prices in City of Manila 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 commercial in City of Manila 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 ₱90.00M, comparable rental income for a commercial in this area is estimated at approximately ₱300,000₱450,000 per month. Actual returns depend on market conditions and property management.

With 481.00 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 TypeCommercial
Listing TypeFor Sale
Floor Area481.00 sqm
Lot Area481.10 sqm
Furnishingunfurnished
Listed OnMarch 13, 2026
Project Details

Commercial/residential Property In Intramuros

Affordability
Calculate your monthly mortgage payments
Your est. payment: ₱673,527/month*
₱90,000,000
₱18,000,000
20%
7.5%
₱673,527/month
Principal & Interest
₱580,027
Property Tax
₱75,000
Home Insurance
₱15,000
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

₱9,900,000

Buyer Pays

₱2,302,000

Total Closing Costs₱12,202,000

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