Properties for Sale in Malate, Manila, Philippines

Real estate in Malate

The capital region of Philippines, Manila, is a magnet for many international home-seekers and investors. Primarily, Malate should be on your radar if you're pursuing your dream house or a condo for sale in a postcard-worthy locale with pristine beaches. This stunning district in Manila is renowned for its coastal line and traditional Spanish colonial architecture, earning the nickname "Paris of the East" due to its historic old world charm. Before you start negotiations with a local real estate broker, familiarize yourself with the area's market, what Malate properties are available for buying, and the price you would have to pay for a vacation abode in such an exclusive spot. This area offers a wide range of housing options - from lavish villas to compact apartments, perfect for any lifestyle or budget. Here, you can find properties with stunning views of the Manila Bay and city skyline, as well as those located in close proximity to various shopping districts, making it an area filled with vibrant culture and convenience. Malate certainly stands out for its range of unique and diverse real estate opportunities.

Malate properties: Market trends overview

The real estate market in Malate, Manila, has been witnessing a consistent rise in property value, drawing the attention of domestic and international investors alike, particularly from China, South Korea, the U.S., and Australia. Malate's prime placement in the heart of Manila merges tranquillity with the hustle and bustle of city life, thanks in large part to its convenient proximity to an array of leisure facilities, shopping destinations, and gastronomic hubs. Furthermore, its prime location offers easy access to the rest of the vibrant and energetic city of Manila, making it an appealing destination for property buyers. Malate is known for its lively cityscape, rich historical background, and exceptionally high living standards. Over the years, authorities in Malate have been progressively investing in the growth and evolution of the area, offering a varied selection of real estate options for both local and international home buyers. These include upscale condominiums, townhouses, contemporary villas, traditional houses, and luxurious penthouses. The search for property in Malate, Manila, that suits all budgets and lifestyle requirements is relatively straightforward, making this dynamic neighborhood one of the more inviting areas for foreign investors looking to establish a presence in the Philippines' real estate market. With its unique blend of modern city living and rich cultural heritage, Malate continues to be a promising investment prospect.

Average price of a property for sale in Malate

What can you anticipate to spend on properties in Malate, Manila? It's difficult to provide a definitive response to this, as a variety of factors come into play, including the type of property, its proximity to historical landmarks and tourist spots, the amenities it provides, and individual preferences (such as the desire for luxury features, size considerations, accessibility, and more). The latest data indicates that the highest asking price for a property in Malate, Manila was PHP 200,000 per square meter. The most costly properties can typically be found in the areas around the renowned Manila Bay. On the other end of the scale, properties in areas further from the center, like the outskirts of Malate, command lower prices, with an average cost per square meter of PHP 150,000. Currently, the average listing price for a home stands at around PHP 25,000,000.

Types of properties can you find in Malate

In Malate, Manila, you'll discover a diverse assortment of real estate options that cater to different lifestyles and preferences. These include modern condominium units, elegant penthouses, luxurious villas with sea views, and more traditional Filipino-style townhouses. A majority of coveted properties are situated in secure residential buildings and complexes. You can find spacious 3-4 bedroom condominium units with expansive balconies, duplex-style homes with separate entrances for each floor, each equipped with large balconies and independent kitchens. An option for a new villa located in a prime location in Malate, Manila, with breathtaking views of Manila Bay, close proximity to the famed Roxas Boulevard and several cultural and historical landmarks, makes it an ideal place to live. Whether you prefer high-rise living with the city's skyline or a tranquil villa close to the sea, Malate, Manila offers a variety of properties to suit your needs.