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Residential Building for Sale in Poblacion, Makati City
For Sale
Multifamily · Pagulayan Street, Poblacion, District I, Makati, Southern Manila District

Residential Building for Sale in Poblacion, Makati City

₱142,000,000₱163,218/sqm
870 sqm
Floor Area

About this property

A three-storey building for sale in Poblacion, Makati, with 870 sqm of floor area on a 294 sqm lot, facing northeast toward Rockwell and one street away from it. The building was previously used as a corporate headquarters, so the structure and layout already suit office use rather than needing conversion. Poblacion's mix of residential, office and hospitality means the building can go several ways: back to office use, a boutique hospitality conversion, or a multi-unit rental. Asking ₱142,000,000.

Highlights

    Investment Analysis

    Investment Calculator

    Cap Rate
    5.13%
    Cash-on-Cash
    -6.32%
    Net Operating Income
    ₱7,284,600/yr
    Monthly Loan Payment
    ₱831,421
    Annual Cash Flow
    ₱-2,692,457/yr
    Down Payment
    ₱42,600,000
    Principal Paid (yr 1)
    ₱2,025,057/yr
    All-Cash Yield
    5.13%
    Total year-1 return (cash flow + principal repaid)
    ₱-667,400/yr (-1.57% on cash in)
    Why the cash flow is negative

    The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.

    Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.

    Location

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