Properties for Sale in Manila, Philippines

The City of Manila is the dense, historic core of the National Capital Region, and its property market is overwhelmingly condominium-led. Investors are drawn to the rental demand around the University Belt and España in Sampaloc, the heritage districts of Binondo and Intramuros, and the bayside stretch of Ermita and Malate; end-users value being walkable to government offices, hospitals, and the country's oldest universities.

Foreigners can buy condo units here subject to the building's 40% foreign-ownership limit, though not the land beneath low-rise homes. Because parts of the city are low-lying, it's worth checking a building's flood history and elevation — alongside title and association dues — before committing.