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Listings›Real Estate›AGV-RE-000254

82-Unit Serviced-Style Bldg w/Lofts for Sale, Makati

Makati City, Metro Manila, Philippines

Overview

An 82-unit, 11-storey serviced-apartment-style residential building for sale in Makati City, featuring an uncommon mix of standard studio rooms and bi-level loft accommodations. Designed around private rooms without individual kitchens, the property provides centralized upper-floor kitchen, dining and laundry facilities, making it particularly suitable for working professionals, corporate accommodation and extended-stay operations. The building also includes ground-floor commercial rental space, an open penthouse area with event venue potential, 30 basement parking slots and 5,128.38 sqm of gross floor area. Potential hotel conversion presents another avenue for evaluation, subject to regulatory approvals. Asking price: ₱450 million plus VAT. Property reference: AGV-RE-000254.

Full Description

An 82-unit residential building in Makati City offers an attractive investment opportunity for accommodation operators, property investors and hospitality groups. The 11-storey building features a serviced apartment style layout with 65 standard studios and 17 loft-style rooms, including distinctive bi-level configurations. With 5,128.38 sqm of gross floor area on a 492 sqm lot, the property is particularly suitable for working professionals, employee housing and extended stay accommodation. Unlike conventional condominium apartments, the residential rooms do not have individual kitchens. Instead, occupants have access to shared kitchen, dining and laundry facilities located on an upper floor. This practical arrangement allows residents to enjoy private accommodations while sharing essential facilities. The building also provides a reception area, passenger elevators, common lounge, backup generator and 30 basement parking slots. Beyond its residential component, the property offers ground floor commercial space intended for rental and an open penthouse area with potential for events and private functions. Its existing room configuration also presents an opportunity to explore conversion into a business hotel or other hospitality operation, subject to technical feasibility and government approvals. The entire building, land and existing improvements are offered for sale at PHP 450,000,000 plus VAT. For more information, a confidential property presentation or viewing arrangements, please refer to AGV-RE-000254. RAYMUND JAZMINES Licensed Real Estate Broker AGOSVIA Platform Mobile / WhatsApp / Telegram / Viber: 09053439806 Email: inquiry@agosvia.com AGOSVIA Property, Land, Commercial and Investment Opportunities
View Key Highlights
82 existing studio and loft-style residential accommodations Distinctive bi-level room layouts in selected units Serviced-apartment-style configuration with shared kitchen, dining and laundry Potential conversion into a hotel or extended-stay facility, subject to approvals Ground-floor commercial rental space and upper penthouse event venue potential
View Analysis & Additional Details
BUILDING CONFIGURATION 11-storey residential building 492 sqm land area 5,128.38 sqm gross floor area 82 residential units 30 basement parking slots RESIDENTIAL ROOM MIX 65 standard studio rooms — 6th to 10th floors 10 studio rooms with loft — 5th floor 7 larger loft-style rooms — 11th floor The loft-type rooms provide distinctive bi-level accommodations. Private residential rooms do not have individual kitchens. Shared kitchen, dining and laundry facilities are located in an upper-floor common area. ACCOMMODATION POSITIONING The building has a serviced-apartment-style arrangement that may suit working professionals, corporate staff accommodation, extended-stay residences and accommodation management operators. POTENTIAL HOTEL CONVERSION The existing room inventory, loft configurations, reception facilities and shared amenities provide a basis for assessing conversion into a business hotel or other hospitality accommodation. Conversion feasibility, zoning, occupancy classification, fire safety compliance, accessibility, renovation requirements and operating licenses require independent assessment. ADDITIONAL COMMERCIAL USES Ground-floor commercial space intended for rental. Upper penthouse open space with potential for event venue rental. Actual leasable areas, rental rates and applicable permits require confirmation. EXISTING BUILDING FACILITIES Lobby and reception Passenger elevators Common lounge Shared kitchen and dining facilities Laundry facilities Basement parking 500 kVA backup generator ACQUISITION METRICS Asking price: ₱450,000,000 plus VAT Asking price per sqm of GFA: approximately ₱87,750 Asking price per sqm of land: approximately ₱914,634 Indicative asking-price allocation per residential unit: approximately ₱5.49 million These are reference calculations based on the whole-building asking price and reported physical specifications, not individual room prices, appraised values or projected returns.

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