Magallanes Residences - Condominiums property in Davao City
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Property Details

Magallanes Residences is an exclusive and prestigious complex with three 7-storey residential condominiums which would be an addition to the growing MRBs (mid rise condos) being constructed in Davao City.

 It is within Davao’s downtown area and only a  few steps away from some of the major tourist destinations in the city such as San Pedro Cathedral, Museyo Dabawenyo, Davao City Hall, and Sangguniang Panglungsod.

 It is located in a business district where one can find the bustling San Pedro street which is home to numerous shopping arcades.



    * Clubhouse with gym

    * Swimming Pool

    * Basketball Court

    * Park and Playground



    * Gate and Guardhouse with 24 hour security

    * Perimeter Fence

    * Elevators

     * Light / Water , Internet and Cable connections


SAMPLE COMPUTATIONS:  (based on the few units left) 

 Total Contract Price  – Php3,841,500.00

       2nd Floor Unit  with 2 bedrooms and 1 toilet/bathroom.

A) Downpayment  10%           P384,150.00

      Less: Res. Fee                            20,000.00

      Net Downpayment              P364,150.00

      / Term of Payment                 12 months

      Monthly Downapayment P 30,345.80


B) 90% Balance through Bank Financing:

         5 years term                        P73,898.00

     10 years term                            47,634.00

       15 years term                           39,848.00

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