Real Estate in Davao, Philippines

By Betsy Burlingame

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:

"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," said one person in Davao.

"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 .

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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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What is a typical expat home or apartment like in Davao?

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