As of June 2026, a normal apartment in Davao City costs about ₱5.1 million to ₱6.2 million, with most standard condominium-style apartments sitting around ₱90,000 to ₱155,000 per square meter before luxury premiums.
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Davao City is not one single apartment market, because Abreeza, Lanang, Azuela Cove, Ecoland, Buhangin, and Toril can have very different prices.
For a foreign buyer, the safest way to read Davao City apartment prices in 2026 is to separate asking prices, tax values, and realistic resale prices.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Davao City.
Insights
- The median apartment price in Davao City in 2026 is about ₱5.1 million, but the real budget should be closer to ₱5.3 million after buyer-side costs.
- Most standard apartments in Davao City in 2026 sit around ₱90,000 to ₱155,000 per square meter, while new premium stock can go well above ₱200,000 per square meter.
- Abreeza, Lanang, and Azuela Cove are expensive because buyers pay for convenience, branding, waterfront appeal, airport access, and better resale liquidity.
- Buhangin, Ma-a, and Ecoland are more practical for first-time buyers because prices are lower but daily life is still convenient.
- A studio in Davao City in 2026 usually costs around ₱3.4 million, which is why studios are the main entry point for small investors.
- Two-bedroom apartments in Davao City are less speculative than studios because many buyers are local families or owner-occupiers.
- New-build apartments in Davao City often cost 20% to 35% more per square meter than comparable resale units, mainly because of payment terms and developer pricing.
- Davao City property tax can look low compared with the purchase price, but the proposed 2026 Schedule of Market Values could raise future tax bills.
- Monthly condo dues in Davao City are a real ownership cost, especially in newer buildings with pools, gyms, elevators, and stronger security.
- Electricity is the utility to watch in Davao City because air-conditioning use can change a small apartment bill by several thousand pesos per month.
How much do apartments really cost in Davao City in 2026?
What's the average and median apartment price in Davao City in 2026?
As of June 2026, the estimated average apartment price in Davao City is about ₱6.2 million, or roughly $110,000 and €88,000, while the estimated median apartment price is about ₱5.1 million, or roughly $90,000 and €72,000.
For the same Davao City apartment market in 2026, the estimated average price is about ₱145,000 per square meter, or about $2,570 and €2,060, which is about ₱13,500 per square foot, or about $240 and €190.
Most standard apartments in Davao City in 2026 fall between about ₱90,000 and ₱155,000 per square meter, or about $1,590 to $2,740 and €1,280 to €2,200, before you get into premium towers near Abreeza, Lanang, or Azuela Cove.
Sources and methodology: we compared Lamudi, Dot Property, and BSP RPPI.
We used listing data as asking-price evidence, not as final sale-price proof.
We then adjusted the ranges with BIR tax values, local market checks, and our own Davao City pricing analysis.
How much is a studio apartment in Davao City in 2026?
As of June 2026, a typical studio apartment in Davao City costs about ₱3.4 million, or roughly $60,000 and €48,000.
In practice, entry-level to mid-range studios in Davao City usually cost about ₱2.8 million to ₱4.2 million, or about $50,000 to $74,000 and €40,000 to €60,000, while high-end studios in Abreeza, Lanang, or Azuela Cove can reach about ₱4.5 million to ₱6.0 million, or about $80,000 to $106,000 and €64,000 to €85,000.
Most studio apartments in Davao City are about 23 to 30 square meters, so a buyer should always compare the total price with the floor area before judging whether the unit is cheap.
Sources and methodology: we reviewed Lamudi, Dot Property, and BIR zonal values.
We separated older stock from newer branded projects because studios vary sharply by building and location.
We also used our own unit-size checks to avoid overvaluing very small listings.
How much is a one-bedroom apartment in Davao City in 2026?
As of June 2026, a typical one-bedroom apartment in Davao City costs about ₱5.4 million, or roughly $96,000 and €77,000.
Entry-level to mid-range one-bedroom apartments in Davao City usually cost about ₱4.4 million to ₱6.5 million, or about $78,000 to $115,000 and €62,000 to €92,000, while high-end one-bedroom units can reach about ₱6.8 million to ₱9.0 million, or about $120,000 to $159,000 and €96,000 to €128,000.
Most one-bedroom apartments in Davao City are about 34 to 45 square meters, with the best resale depth usually around Bajada, Abreeza, Ecoland, Lanang, and Matina.
Sources and methodology: we compared Lamudi, Dot Property, and Colliers Philippines.
We treated one-bedroom units as the main rental and resale segment for individual buyers.
We adjusted prices by location, building age, furnishings, and whether the unit was resale or preselling.
How much is a two-bedroom apartment in Davao City in 2026?
As of June 2026, a typical two-bedroom apartment in Davao City costs about ₱8.6 million, or roughly $152,000 and €122,000.
Entry-level to mid-range two-bedroom apartments in Davao City usually cost about ₱7.0 million to ₱10.5 million, or about $124,000 to $186,000 and €99,000 to €149,000, while high-end two-bedroom units can reach about ₱11 million to ₱16 million, or about $195,000 to $283,000 and €156,000 to €227,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Davao City.
Sources and methodology: we used Lamudi, Dot Property, and BSP RPPI.
We gave more weight to livable family-sized units than to unusually large luxury listings.
We also checked whether prices made sense against Davao City neighborhood demand.
How much is a three-bedroom apartment in Davao City in 2026?
As of June 2026, a typical three-bedroom apartment in Davao City costs about ₱14.0 million, or roughly $248,000 and €199,000.
Entry-level to mid-range three-bedroom apartments in Davao City usually cost about ₱11.5 million to ₱17.0 million, or about $204,000 to $301,000 and €163,000 to €241,000, while high-end three-bedroom units in premium towers can reach about ₱18 million to ₱26 million, or about $319,000 to $460,000 and €255,000 to €369,000.
Most three-bedroom apartments in Davao City are about 75 to 95 square meters, and this segment is much thinner than the studio and one-bedroom market.
Sources and methodology: we compared Lamudi, Dot Property, and Global Property Guide.
We treated very large premium listings separately because they can distort the average.
We also used our own Davao City price checks for Azuela Cove, Lanang, Abreeza, and Ecoland.
What's the price gap between new and resale apartments in Davao City in 2026?
As of June 2026, new-build apartments in Davao City are typically about 20% to 35% more expensive per square meter than comparable resale apartments.
New-build apartments in good Davao City locations often average about ₱155,000 to ₱200,000 per square meter, or about $2,740 to $3,540 and €2,200 to €2,840.
Resale apartments in Davao City more often average about ₱120,000 to ₱150,000 per square meter, or about $2,120 to $2,650 and €1,700 to €2,130, which is why a lightly used resale unit can be better value than a glossy preselling launch.
Sources and methodology: we compared Lamudi, Colliers Philippines, and BSP RPPI.
We separated developer pricing from resale asking prices because payment terms can hide a high price per square meter.
We then checked the gap against our own Davao City resale comparisons.
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Can I afford to buy in Davao City in 2026?
What's the typical total budget (all-in) to buy an apartment in Davao City in 2026?
As of June 2026, the typical all-in budget to buy a standard apartment in Davao City is about ₱5.25 million to ₱5.35 million, or roughly $93,000 to $95,000 and €74,000 to €76,000.
This all-in budget usually includes the purchase price, documentary stamp tax, local transfer tax, registration fees, notarial fees, title-transfer costs, utility deposits, and some building or move-in charges.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Davao City property pack.
Sources and methodology: we used BIR Documentary Stamp Tax, BIR zonal values, and Davao City Treasurer’s Office.
We assumed the seller pays capital gains tax in a normal resale transaction.
We still include a cash buffer because actual contracts can shift some costs to the buyer.
What down payment is typical to buy in Davao City in 2026?
As of June 2026, a typical foreign buyer should expect a 30% to 40% down payment for a Davao City apartment, so a median ₱5.1 million apartment needs about ₱1.5 million to ₱2.0 million in cash, or about $27,000 to $36,000 and €21,000 to €28,000.
Most banks or lenders in the Philippines usually want at least 20% to 30% down for local buyers, but foreign buyers should expect tighter checks and a lower loan-to-value ratio.
For better mortgage terms in Davao City, a 35% down payment is a safer planning number because it reduces loan risk and gives the buyer more room if the bank appraisal is below the agreed price.
Sources and methodology: we used BSP RPPI, BIR zonal values, and live Davao City listing checks on Lamudi.
We used bank-style affordability logic rather than only developer payment-plan marketing.
We also assumed a foreign individual is buying a condominium unit, not land.
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Which neighborhoods are cheapest or priciest in Davao City in 2026?
How much does the price per m² for apartments vary by neighborhood in Davao City in 2026?
As of June 2026, apartment prices in Davao City range from about ₱55,000 to ₱270,000 per square meter across neighborhoods, or about $970 to $4,780 and €780 to €3,830.
The most affordable Davao City apartment areas are usually Toril, Mintal, Catalunan Grande, Talomo inland, Sasa, and parts of Buhangin, where typical prices can sit around ₱55,000 to ₱110,000 per square meter, or about $970 to $1,950 and €780 to €1,560.
The most expensive Davao City apartment areas are usually Azuela Cove, Lanang, Davao Park District, Bajada, Abreeza, and better Matina projects, where typical prices can sit around ₱165,000 to ₱270,000 per square meter, or about $2,920 to $4,780 and €2,340 to €3,830.
Sources and methodology: we compared Lamudi, Dot Property, and BIR zonal values.
We used BIR values to understand the tax hierarchy, not to replace market pricing.
We then grouped neighborhoods by liquidity, project quality, and daily convenience.
What neighborhoods are best for first-time buyers on a budget in Davao City in 2026?
As of June 2026, the top three Davao City neighborhoods for first-time buyers on a budget are Buhangin, Ecoland, and Ma-a.
In these budget-friendly Davao City neighborhoods, a practical apartment usually costs about ₱3.0 million to ₱7.0 million, or about $53,000 to $124,000 and €43,000 to €99,000.
Buhangin gives airport-side access, Ecoland gives stronger rental depth near SM City Davao and transport links, and Ma-a gives a more residential feel with schools and family services nearby.
The trade-off is that budget-friendly Davao City apartments may have older buildings, smaller amenities, longer commutes, or slower resale than Abreeza, Lanang, and Azuela Cove.
Sources and methodology: we used Lamudi, Dot Property, and Davao City SMV material.
We looked for areas where prices are still reachable but daily life remains convenient.
We also checked whether the neighborhood has enough buyer and tenant demand.
Which neighborhoods have the fastest-rising apartment prices in Davao City in 2026?
As of June 2026, the fastest-rising Davao City apartment areas are likely Lanang, Bajada-Abreeza, and Matina around Davao Global Township.
These fast-appreciating Davao City neighborhoods are likely seeing about 6% to 10% yearly price growth, with Lanang and Bajada-Abreeza usually at the stronger end.
The main driver is simple: buyers are paying more for areas with malls, offices, hospitals, airport access, township projects, and better resale confidence.
Sources and methodology: we compared Colliers Philippines, PSA Davao Region, and Davao City listings on Lamudi.
We treated growth estimates as market direction, not guaranteed appreciation.
We also gave more weight to areas with actual projects and buyer traffic.
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What extra costs will I pay on top of the apartment price in Davao City in 2026?
What are all the buyer closing costs when you buy an apartment in Davao City?
For a typical ₱5.1 million apartment purchase in Davao City in 2026, buyer closing costs are about ₱170,000, or roughly $3,000 and €2,400, if the seller pays capital gains tax.
The main buyer closing costs in Davao City are documentary stamp tax, local transfer tax, registration fee, notarial fee, title-transfer admin costs, utility deposits, and bank fees if the purchase is financed.
The largest buyer-side closing cost is usually documentary stamp tax, because it is commonly calculated at about 1.5% of the higher of the selling price, zonal value, or assessor value.
Some Davao City closing costs can vary or be negotiated, especially notarial fees, admin charges, move-in charges, who pays broker fees, and how the contract handles seller-side taxes.
Sources and methodology: we used BIR Documentary Stamp Tax, BIR Capital Gains Tax, and Davao City Treasurer’s Office.
We treated official tax rules as the base and added normal local transaction costs.
We also checked the numbers against our own Davao City buyer-cost model.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Davao City?
For a normal resale apartment in Davao City in 2026, buyers should usually budget about 3.3% of the purchase price for buyer-side closing costs.
A realistic low-to-high range for most standard Davao City apartment transactions is about 3.0% to 4.0%, but financed purchases can move closer to 5.0% after bank and mortgage charges.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Davao City.
Sources and methodology: we used BIR Documentary Stamp Tax, BIR zonal values, and Davao City Treasurer’s Office.
We calculated the percentage from a typical resale purchase, not from a developer advertisement.
We also kept a buffer because each deed, title, and loan structure can change the final bill.
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What are the ongoing monthly and yearly costs of an apartment in Davao City in 2026?
What are typical HOA fees in Davao City right now?
HOA fees, often called condo dues in Davao City, are common and usually cost about ₱90 per square meter per month, so a 40-square-meter one-bedroom apartment pays about ₱3,600 per month, or roughly $64 and €51.
A realistic Davao City condo-dues range is about ₱70 to ₱120 per square meter per month, or about $1.20 to $2.10 and €1.00 to €1.70, with premium buildings in Lanang, Azuela Cove, and Abreeza usually near the top.
Sources and methodology: we compared Davao City listing checks, Lamudi, and Dot Property.
We treated condo dues as building-specific because amenities and reserves change the fee.
We also checked newer amenity-heavy towers separately from older practical buildings.
What utilities should I budget monthly in Davao City right now?
For a typical apartment in Davao City in June 2026, a realistic monthly utility budget is about ₱3,400 to ₱5,900, or roughly $60 to $104 and €48 to €84, before HOA fees.
The full monthly range can run from about ₱2,750 for a careful studio user to about ₱11,800 for a larger apartment with heavy air-conditioning, or roughly $49 to $209 and €39 to €167.
This Davao City utility budget usually includes electricity, water, and internet, but it does not include condo dues, parking, cleaning, or repairs.
Electricity is usually the most expensive utility for Davao City apartment owners because air-conditioning use matters much more than water consumption.
Sources and methodology: we used DCWD water rates, Davao Light, and the May 2026 rate report from Edge Davao.
We used the ₱10.35 per kWh May 2026 electricity rate as a current estimate.
We then modeled low, normal, and heavy air-conditioning use for Davao City apartments.
How much is property tax on apartments in Davao City?
For a typical apartment in Davao City in 2026, annual property tax is often about ₱13,500 to ₱24,000, or roughly $240 to $425 and €190 to €340, for a one-bedroom unit worth around ₱5.4 million.
Davao City real property tax is based on assessed value, with a 1.5% basic real property tax plus a 1% Special Education Fund, so the bill is not simply 2.5% of the purchase price.
A realistic annual property-tax range is about ₱8,500 to ₱63,000, or roughly $150 to $1,115 and €120 to €895, depending on apartment value, assessed value, and future valuation updates.
Sources and methodology: we used the DOF BLGF Davao City RPT notice, Davao City proposed 2026 SMV, and Davao City Treasurer’s Office.
We converted official rates into buyer-friendly yearly budgets.
We also flagged the 2026 valuation update because future assessed values can change.
What's the yearly building maintenance cost in Davao City?
For most apartment owners in Davao City in 2026, a practical yearly maintenance reserve is about ₱15,000 to ₱25,000, or roughly $265 to $440 and €210 to €355, for a typical one-bedroom unit.
A realistic yearly maintenance range is about ₱10,000 to ₱70,000, or roughly $180 to $1,240 and €140 to €990, depending on unit size, building age, appliances, and whether special assessments appear.
These Davao City maintenance costs usually cover aircon servicing, small plumbing repairs, repainting, appliance fixes, furniture replacement, and occasional minor upgrades.
In most Davao City condo buildings, common-area maintenance is included in HOA fees, but repairs inside the apartment are the owner’s separate responsibility.
Sources and methodology: we used Davao City listing checks, Lamudi, and local condo-dues evidence from Dot Property.
We separated building-level dues from owner-level repair reserves.
We also assumed normal long-term ownership, not short-term rental wear and tear.
How much does home insurance cost in Davao City?
For an apartment in Davao City in 2026, annual home insurance usually costs about ₱2,000 to ₱8,000, or roughly $35 to $140 and €30 to €115, for basic contents and improvements coverage.
For higher-value Davao City apartments, broader insurance can cost about ₱8,000 to ₱15,000 per year, or roughly $140 to $265 and €115 to €215, depending on coverage level and insured value.
Home insurance is often optional for cash buyers in Davao City, but lenders may require insurance if the apartment is financed.
Sources and methodology: we used Philippine insurance market practice, Davao City apartment values, and lender-style risk assumptions.
We treated the building’s master insurance as separate from the owner’s personal coverage.
We also assumed a foreign individual wants protection for contents, improvements, fire, earthquake, typhoon, and liability.
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What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Davao City, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why this source matters | How we used it |
|---|---|---|
| Bangko Sentral ng Pilipinas RPPI | BSP is the official central bank and publishes the national residential property price index. | We used RPPI to understand national condo-price direction. We did not treat it as a Davao City price list. |
| BSP Daily Reference Exchange Rate Bulletin | This is the official Philippine peso reference source for exchange rates. | We used BSP exchange-rate context for peso to dollar conversions. We rounded conversions for easy reading. |
| European Central Bank PHP exchange rate | ECB is the official euro-area source for euro reference exchange rates. | We used it to convert Philippine peso estimates into euros. We used rounded June 2026 exchange-rate assumptions. |
| PSA Davao Region 2025 economy | PSA is the official statistics agency for regional economic data. | We used the 5.1% growth and ₱1.14 trillion economy as demand context. We did not use it for unit pricing. |
| PSA GRDP page | This page centralizes official Philippine regional economic accounts. | We used it to cross-check Davao regional macro data. We kept it as background only. |
| BIR Zonal Values | BIR zonal values are the official tax benchmark for real-estate transfers. | We used zonal values to check the tax base and value hierarchy. We did not treat zonal value as market price. |
| BIR Capital Gains Tax | BIR is the official source for Philippine capital-gains tax rules. | We used it to separate seller-side and buyer-side taxes. We mention it because it can affect negotiations. |
| BIR Documentary Stamp Tax | This is the official national tax source for documentary stamp tax. | We used it to estimate the largest normal buyer-side tax. We applied it to the higher relevant taxable base. |
| Davao City Treasurer’s Office | This is the local office connected to property taxes and city collections. | We used it for Davao City real-property-tax context. We paired it with DOF and BLGF material. |
| Davao City proposed 2026 Schedule of Market Values | This is the city’s official page for the 2026 valuation update. | We used it to flag future property-tax risk. We did not assume every proposed value is already final. |
| DOF BLGF Davao City RPT notice | BLGF is a Department of Finance bureau focused on local government finance. | We used it to confirm Davao City’s RPT structure. We converted the rates into annual buyer budgets. |
| Davao City Water District rates | DCWD is the official water provider for Davao City. | We used it to estimate apartment water bills. We still model actual bills by household size and usage. |
| Davao Light and AboitizPower | Davao Light is the main electricity distributor for Davao City. | We used it to identify the right electricity provider. We then checked current rate notices for bill estimates. |
| Edge Davao report on Davao Light May 2026 rate | This local report cites Davao Light’s May 2026 residential billing rate. | We used the ₱10.35 per kWh May 2026 rate. We treat it as current guidance, not a fixed yearly rate. |
| Colliers Philippines 2026 outlook | Colliers is a major professional real-estate research firm in the Philippines. | We used it for broader 2026 condo-market risk. We did not copy Metro Manila conclusions into Davao City. |
| Lamudi Davao condo listings | Lamudi is a large property portal with live Davao City asking-price evidence. | We used it to sample apartment prices by size and location. We adjusted for asking-price inflation. |
| Dot Property Davao City condo listings | Dot Property adds another live listing source for condo prices. | We used it to cross-check Lamudi listings. We focused on price per square meter and neighborhood differences. |
| OnePropertee Abreeza and Davao listings | OnePropertee gives extra listing visibility for active Davao City inventory. | We used it as secondary asking-price evidence. We did not rely on it alone for final estimates. |
| Global Property Guide Philippines price history | This source gives broader Philippine residential price context. | We used it to compare Davao City with national and luxury-market signals. We kept Davao-specific estimates separate. |
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