Authored by the expert who managed and guided the team behind the Philippines Property Pack
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If you're a foreigner looking at property in Davao City, you're probably wondering what you can actually buy at different budget levels and whether the prices you see online are realistic.
This guide breaks down current housing prices in Davao City across every budget tier, from $100k starter condos to $500k premium properties, with real numbers from early 2026.
We constantly update this blog post to reflect the latest market conditions, exchange rates, and listing data.
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.
What can I realistically buy with $100k in Davao City right now?
Are there any decent properties for $100k in Davao City, or is it all scams?
Yes, there are plenty of legitimate condo options in Davao City for around $100,000 (roughly ₱5.9 million at the early 2026 exchange rate of ₱59 per dollar), though you should expect smaller units like studios or compact one-bedroom condos in the 20 to 40 square meter range.
For the best value at this budget in Davao City, neighborhoods like Buhangin, Talomo, and Toril consistently offer more space per peso compared to the central corridors, while areas like Matina and Ecoland provide a solid balance of accessibility and affordability.
Buying in popular Davao City areas like Bajada (near Abreeza Mall) or Lanang is possible at $100k, but you will be limited to very small studio units or older buildings since these prime locations command higher prices per square meter.
What property types can I afford for $100k in Davao City (studio, land, old house)?
For a foreign buyer with $100,000 (₱5.9 million) in Davao City in 2026, the realistic options are condominium units, specifically studios or small one-bedroom units, since foreigners cannot directly own land in the Philippines under constitutional restrictions.
At this price point in Davao City, expect move-in ready condos that may need light renovation like fresh paint, updated fixtures, or air conditioning upgrades, with a typical renovation budget of ₱150,000 to ₱500,000 depending on the unit's age and condition.
Condominiums offer the best long-term value for foreign buyers in Davao City because they provide the cleanest legal ownership path, and well-located units in practical areas like Matina or Buhangin tend to hold their value and attract steady rental demand.
What's a realistic budget to get a comfortable property in Davao City as of 2026?
As of early 2026, the realistic minimum budget for a comfortable condo in Davao City is around ₱6 million to ₱10 million (approximately $100,000 to $170,000 or €95,000 to €160,000), which gets you a properly sized one-bedroom unit with decent layout and amenities.
Most buyers looking for a comfortable standard in Davao City typically spend between ₱10 million and ₱18 million ($170,000 to $305,000 or €160,000 to €290,000), which opens up true two-bedroom condos in good locations with modern finishes.
In Davao City, "comfortable" generally means a condo of at least 35 to 50 square meters for a one-bedroom or 50 to 75 square meters for a two-bedroom, with reliable building amenities like a pool, gym, and 24-hour security in a well-maintained development.
The required budget in Davao City can vary significantly by neighborhood, with premium areas like Lanang and Bajada commanding 20% to 40% higher prices per square meter compared to more affordable districts like Toril or Mintal.
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What can I get with a $200k budget in Davao City as of 2026?
What "normal" homes become available at $200k in Davao City as of 2026?
As of early 2026, a $200,000 budget (approximately ₱11.8 million) in Davao City typically unlocks a true two-bedroom condominium in mainstream locations, allowing you to choose between better building amenities or a better location without sacrificing livable floor area.
For ₱11.8 million in Davao City, you can expect condo sizes ranging from 50 to 75 square meters (540 to 800 square feet), with the exact size depending on whether you prioritize newer developments in mid-tier areas or slightly older buildings in prime corridors like Bajada or Lanang.
By the way, we have much more granular data about housing prices in our property pack about Davao City.
What places are the smartest $200k buys in Davao City as of 2026?
As of early 2026, the smartest $200,000 buys in Davao City are in Matina, Ecoland, and select parts of Buhangin (especially areas with good access to Lanang), where your peso stretches further without sacrificing daily convenience or accessibility to commercial centers.
These Davao City neighborhoods offer smarter value at $200k because they combine good proximity to malls, hospitals, and major roads with significantly lower price-per-square-meter rates than the premium Bajada and Lanang corridors, often giving you 10 to 20 square meters more space for the same budget.
The main growth driver in these smart-buy areas of Davao City is infrastructure development and commercial expansion, with new retail centers and improved road networks making districts like Buhangin and Matina increasingly attractive to both local families and investors.
We have made this infographic to give you a quick and clear snapshot of the property market in the Philippines. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
What can I buy with $300k in Davao City in 2026?
What quality upgrade do I get at $300k in Davao City in 2026?
As of early 2026, moving from $200,000 to $300,000 (₱17.7 million) in Davao City typically unlocks one or two major upgrades at once: a newer building with better amenities, a more desirable location closer to Bajada or Lanang, or a more spacious "family-shaped" layout with a proper living area.
Yes, $300,000 can definitely buy a property in a newer building in Davao City right now, especially outside the most premium micro-locations, where you can access developments built within the last five years that feature modern designs and updated facilities.
At the ₱17.7 million level in Davao City, you typically gain access to higher-end finishes like better flooring, modern kitchens, quality bathroom fixtures, plus building amenities such as swimming pools, fitness centers, function rooms, and more robust security systems.
Can $300k buy a 2-bedroom in Davao City in 2026 in good areas?
As of early 2026, $300,000 (₱17.7 million) is solidly "two-bedroom money" in good areas of Davao City, giving you strong options in desirable neighborhoods without being forced into the smallest units or oldest buildings.
Good areas in Davao City where you can find two-bedroom condos at this budget include Bajada (near Abreeza Mall), Lanang, Maa, and the better-positioned parts of Matina, with each offering a different balance of convenience, prestige, and lifestyle amenities.
A $300,000 two-bedroom condo in Davao City typically offers 50 to 70 square meters (540 to 750 square feet), with the size varying based on whether you choose a newer building in a mid-tier location or an established development in a premium corridor.
Which places become "accessible" at $300k in Davao City as of 2026?
At the $300,000 price point (₱17.7 million) in Davao City, buyers can confidently shop in Bajada (the Abreeza district), Lanang (including upscale subdivision-adjacent areas), Maa, and the more desirable pockets of Matina without having to accept cramped floor plans.
These newly accessible Davao City neighborhoods are more desirable because they offer walkable access to major commercial centers like Abreeza Mall and SM Lanang, better dining and retail options, established expat communities, and a more cosmopolitan feel compared to outer districts.
For ₱17.7 million in these accessible Davao City areas, buyers can typically expect a well-finished two-bedroom condo of 50 to 70 square meters in a building with full amenities, or a slightly larger unit in an older but well-maintained development.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Davao City.
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What does a $500k budget unlock in Davao City in 2026?
What's the typical size and location for $500k in Davao City in 2026?
As of early 2026, a $500,000 budget (approximately ₱29.5 million) in Davao City puts you in premium buyer territory, typically getting you a condo of 90 to 140 square meters (970 to 1,500 square feet) in the most sought-after locations like Bajada, Lanang, or Maa.
For foreign individual buyers in Davao City, $500,000 is still typically spent on condominiums rather than houses with outdoor space, because land ownership restrictions make condo units the cleanest legal ownership path, though married couples with Filipino spouses have more options.
At the ₱29.5 million level in Davao City, buyers commonly find three-bedroom condos or very spacious two-bedroom units, often with two or more bathrooms, generous living and dining areas, and premium building locations with top-tier amenities.
Finally, please note that we cover all the housing price data in Davao City here.
Which "premium" neighborhoods open up at $500k in Davao City in 2026?
At $500,000 (₱29.5 million) in Davao City, buyers have full access to the city's premium neighborhoods including Lanang (home to upscale developments and the Azuela Cove area), Bajada (the Abreeza Mall district), and Maa, without having to compromise on unit size or building quality.
These Davao City neighborhoods are considered premium because they offer proximity to high-end retail like SM Lanang Premier and Abreeza Mall, international schools, top medical facilities, waterfront developments, and established communities of professionals and expats.
For ₱29.5 million in these premium Davao City areas, buyers can realistically expect a generously sized two-bedroom or three-bedroom condo (90 to 140 square meters) in a newer development with resort-style amenities, excellent security, and strong rental appeal.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in the Philippines versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What counts as "luxury" in Davao City in 2026?
At what amount does "luxury" start in Davao City right now?
In Davao City in early 2026, luxury properties generally start at around ₱20 million to ₱25 million (approximately $340,000 to $425,000 or €320,000 to €400,000), which is when you consistently enter the highest-priced corridors and newest premium developments.
The entry point to luxury real estate in Davao City is defined by a combination of prime location (Lanang or Bajada), newer construction (built within the last three to five years), larger floor plans (80+ square meters), high-end finishes, and resort-style building amenities including pools, gyms, and concierge services.
Compared to Metro Manila, the luxury threshold in Davao City is significantly lower, with properties that would cost ₱40 million or more in Makati or BGC available for ₱20 million to ₱30 million in Davao's premium areas, making it attractive for buyers seeking value in the luxury segment.
Mid-tier luxury in Davao City typically ranges from ₱25 million to ₱40 million ($425,000 to $680,000 or €400,000 to €640,000), while top-tier luxury properties in the most exclusive developments can reach ₱50 million to ₱80 million ($850,000 to $1.35 million or €800,000 to €1.27 million) or more.
Which areas are truly high-end in Davao City right now?
The truly high-end areas in Davao City in 2026 are Lanang (particularly the upscale pockets near Azuela Cove and premium gated developments), Bajada (the Abreeza Mall district), and Maa, which consistently attract the highest prices per square meter and most exclusive developments.
These Davao City areas are considered truly high-end because they feature waterfront or commercial-adjacent locations, international-standard developments by reputable builders, proximity to premium retail and dining, established expat and professional communities, and the city's best security and infrastructure.
The typical buyer profile in these high-end Davao City areas includes successful local business owners, overseas Filipino workers investing back home, foreign retirees and expats (often married to Filipinos), and corporate executives transferred to Mindanao, all seeking quality, convenience, and long-term value.
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How much does it really cost to buy, beyond the price, in Davao City in 2026?
What are the total closing costs in Davao City in 2026 as a percentage?
As of early 2026, total closing costs in Davao City typically range from 2.5% to 4.5% of the purchase price when the seller pays the Capital Gains Tax (CGT), which is the most common arrangement for condo transactions.
The realistic low-to-high range for closing costs in Davao City is 2.5% to 11%, with the lower end applying when the seller shoulders CGT and the higher end (8.5% to 11%) applying in less favorable deals where the buyer ends up paying CGT too.
The specific fee categories that make up these closing costs in Davao City include Documentary Stamp Tax (about 1.5%), local transfer tax (around 0.5% in areas outside Metro Manila), registration fees (0.2% to 0.4%), and notary/legal/administrative fees (0.5% to 1.5%).
To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Davao City.
How much are notary, registration, and legal fees in Davao City in 2026?
As of early 2026, notary, registration, and legal fees in Davao City typically total ₱60,000 to ₱180,000 ($1,000 to $3,000 or €950 to €2,850) for a standard ₱6 million condo transaction, scaling upward with higher property values and transaction complexity.
These fees in Davao City generally represent about 1% to 2.5% of the property price, with the exact percentage depending on the property value bracket, the notary's pricing structure, and whether you hire a separate lawyer for due diligence.
In Davao City, legal fees (if you hire a separate lawyer for title verification and contract review) are usually the most expensive component, followed by notary fees for the deed of sale, with registration fees at the Registry of Deeds being relatively fixed by government schedules.
What annual property taxes should I expect in Davao City in 2026?
As of early 2026, annual Real Property Tax (RPT) in Davao City for a typical condo is relatively modest, often ranging from ₱5,000 to ₱30,000 ($85 to $510 or €80 to €480) per year for units valued between ₱3 million and ₱15 million, because RPT is calculated on assessed value rather than market price.
In Davao City, annual property taxes generally represent a small fraction of the property's market value, typically well under 1%, making it more of an administrative expense than a major ongoing cost for most condo owners.
Property taxes in Davao City vary based on the assessed value assigned by the City Assessor and the property classification, with commercial properties taxed at higher rates than residential ones, and properties in more developed barangays sometimes having higher assessments than those in outlying areas.
Some exemptions or reductions may be available in Davao City for senior citizens, persons with disabilities, or through periodic amnesty programs that waive penalties on delinquent taxes, so checking with the City Treasurer's Office about current programs is worthwhile.
You can find the list of all property taxes, costs and fees when buying in Davao City here.
Is mortgage a viable option for foreigners in Davao City right now?
Obtaining a mortgage as a foreigner in Davao City is possible but challenging, as Philippine banks have stricter requirements for non-Filipino borrowers and many foreign buyers opt for cash purchases or financing from their home countries to avoid the complexity.
For foreigners who do qualify for Philippine mortgages in Davao City, loan-to-value ratios are typically lower than for locals (often 50% to 70% rather than 80%), and interest rates generally range from 7% to 10% per year depending on the bank and your profile.
Foreign buyers seeking a mortgage in Davao City typically need extensive documentation including valid passports, proof of legal residency (such as an ACR I-Card), income verification (ITR or employment contracts), bank statements, and the property's title documents, with some banks requiring a Filipino co-borrower.
You can find the list of all property taxes, costs and fees when buying in Davao City here.
We made this infographic to show you how property prices in the Philippines compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What should I predict for resale and growth in Davao City in 2026?
What property types resell fastest in Davao City in 2026?
As of early 2026, the property types that resell fastest in Davao City are well-priced one-bedroom and smaller two-bedroom condos in practical locations like Matina, Ecoland, and parts of Buhangin, which attract both end-users and investors seeking rental income.
The typical time on market to sell a property in Davao City ranges from 3 to 8 months for condos priced correctly with clean documentation, while houses and lots (where applicable to eligible buyers) often take 6 to 12 months or longer due to a smaller buyer pool.
In Davao City, properties that sell faster share specific characteristics: clean titles and updated Condominium Certificates of Title (CCT), current tax payments, reasonable pricing aligned with comparable listings, and buildings with well-managed condo corporations and no pending legal issues.
The slowest properties to resell in Davao City tend to be oversized luxury units (above 120 square meters) that exceed most local buyers' budgets, older buildings with deferred maintenance or problematic condo corporations, and units in far-flung areas like Toril or Tugbok that lack the convenience most buyers prioritize.
If you're interested, we cover all the best exit strategies in our real estate pack about Davao City.
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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 it's authoritative | How we used it |
|---|---|---|
| Bangko Sentral ng Pilipinas (BSP) | The Philippine central bank's official exchange rate reference. | We used BSP's daily reference rates to establish our early 2026 working exchange rate of ₱59 per dollar. This keeps all our budget conversions consistent and defensible. |
| Dot Property Philippines | One of the largest property portals in Southeast Asia with standardized listings. | We extracted live asking prices, unit sizes, and computed price-per-square-meter figures for Davao City condos. This gave us real-time market data for each budget tier. |
| Lamudi Philippines | A major Philippine property marketplace with extensive Davao City coverage. | We cross-checked Dot Property data against Lamudi listings to confirm price ranges aren't outliers. This triangulation strengthens our estimates. |
| Colliers Philippines | A top-tier global real estate consultancy with established research standards. | We used their quarterly residential reports to validate that Davao is an active regional market. This provides the qualitative market context behind our numbers. |
| Condominium Act (RA 4726) | The primary legal text defining condominium ownership in the Philippines. | We referenced this to explain why condos are the cleanest ownership path for foreigners. This grounds our property type recommendations in actual law. |
| Local Government Code (RA 7160) | The governing national statute for local taxes and real property tax rules. | We used this to frame transfer tax and RPT structures accurately. This ensures our closing cost estimates are legally grounded. |
| Bureau of Internal Revenue (BIR) | The Philippines' official tax authority and tax code source. | We referenced BIR for Documentary Stamp Tax and Capital Gains Tax rates. This keeps our tax estimates accurate and up to date. |
| BSP Residential Property Price Index (RPPI) | The official national housing price index using hedonic methodology. | We used RPPI to sanity-check market direction and avoid treating one-off listings as representative. This adds a macro layer to our local price analysis. |
| Davao City Government | The official local government website for Davao City. | We confirmed that RPT and local levies are actively administered in Davao. This proves property taxes are enforced, not theoretical. |
| BPI Housing Loans | A primary source from one of the Philippines' largest banks. | We reviewed their documentation requirements to explain mortgage realities for buyers. This shows the practical paperwork involved in financing. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of the Philippines. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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