Davao, Philippines
Real Estate in Davao, Philippines
Last updated on Apr 21, 2023
Summary: The average cost of a nice 2 bedroom home in Davao, Philippines is around $50,000 USD, while a nice 3 bedroom home can cost around $70,000 USD. These properties typically include a living room, kitchen, and bathrooms, as well as a balcony or terrace. Amenities may include air conditioning, a swimming pool, and a garden. Foreigners are allowed to own property in Davao, but there are certain restrictions. For example, foreigners are not allowed to own land, but they can own condominiums and other types of real estate. An expat looking to buy a home in Davao should start by researching the local real estate market and getting in touch with a local real estate agent. It is also important to visit the area and get a feel for the neighborhoods and the local culture. The most desirable neighborhoods in Davao include Matina, Buhangin, and Lanang. These areas are known for their vibrant nightlife, shopping, and dining options, as well as their proximity to the city center.
How do I find a place to live in Davao?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"We found a corner 2br condo (pool) on facebook under Davao House Rent. The neighborhood is central to most things; malls, easy taxi service, resto’s, Security is a must. Remember expats cannot own land. That is important if you are going to build," remarked one foreigner who made the move to Davao .
"One of the best ways to find a place to live in Davao is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of rental properties in Davao. Additionally, you can search for rental listings in local newspapers and classifieds. You can also ask friends and family who live in Davao for recommendations. Finally, you can visit the area in person and look for “For Rent” signs," explained one person living in Davao, Philippines.
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What is a typical expat home or apartment like in Davao?
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About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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