Magallanes Residences

UPDATE: This condominium project is fully sold out. To view a condo project that is similar to this, please click here.

About Magallanes Residences

Magallanes Residences is a condominium complex offering at the heart of Davao City. This condominium project is located on the south of Magallanes Street, on the east by Bolton Extension, and the west by C.M. Recto Street.

Magallanes Residences Project Summary

Location	Magallanes St., Davao City
Total Land Area
No. of Floors	building 1 (7 floors), building 2 (8 floors), and building 3 (8 floors),
No. of Units
Offered for Sale	1-bedroom, 2-bedroom, and 3-bedroom units
Floor Area	24sqm to 56sqm
Elevators	2 elevators for buildings 2 and 3
Parking	Yes, separate purchase
Package Price	Php1.8M and up
Target Completion	Finished project
Owner/Developer	DMC Urban Property Dev’t., Inc.

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Condo Unit Types at Magallanes Residences

studio unit magallanes residences — Studio Type Unit

Typical 2BR inner A magallanes residences — Typical 2 Bedroom Inner A Unit

Typical 2BR inner B magallanes-residences — Typical 2 Bedroom Inner B unit

Typical 2BR End unit magallanes residences — Typical 2 Bedroom End Unit

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Payment Schemes for Magallanes Residences

RESERVATION FEE: Php20,000
(reservation fee will be deducted from the downpayment)

PROCESSING/TRANSFER FEE: 5% of the price
*to be paid after downpayment

FINANCING OPTIONS
Spot Cash: less 7.5% discount
In-house Financing:
*Downpayment of 10%-20% payable up to 12 months
*Balance payable up to 10 years
Bank Financing:
*Downpayment of 10%-20% payable up to 12 months
*Balance payable up to 20 years