2 Bedroom Apartment for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$185,841
10,500,000 PHP
PROPERTY TYPE
Condo
BEDROOMS
2
BATHROOMS
2
Description
� For Sale: 2-Bedroom Condo at Avida Riala, Cebu I.T. Park
₱10,500,000 (~USD $186,000*) | 16th Floor | 56.82 sqm (≈ 611 sq.ft.)
Live in the Heart of Cebu’s Vibrant Business & Lifestyle Hub
Step into modern city living with this stylish 2-bedroom condo at Avida Riala, located in the heart of Cebu I.T. Park—the island’s premier business and lifestyle district. Perfect for young professionals, families, or investors, this turnkey residence combines comfort, convenience, and investment potential in one of Cebu City’s most sought-after locations.
Property Details
Location: Avida Riala Tower 2, I.T. Park, Cebu City
Floor: 16th Floor
Floor Area: 56.82 sqm (≈ 611 sq.ft.)
Bedrooms: 2
Bathrooms: 2
Price: ₱10,500,000 (~USD $186,000*)
Why This Condo Stands Out
Prime I.T. Park Address: Steps away from BPO offices, top restaurants, cafés, and nightlife.
Turnkey Living: Safe, well-managed condominium with modern conveniences.
Smart Investment: High rental demand from expats, professionals, and students ensures steady income and strong appreciation potential.
City Convenience: Walk to grocery stores, cafés, malls, and lifestyle
amenities—no car required.
�
Nearby Establishments
Merry Mart Grocery (at Avida Entrance)
Chill Lounge Laundry Service (at Avida Entrance)
7-Eleven (across the street)
Ayala Central Bloc Mall (2 blocks away)
Cebu Mercardo, local cafés, and restaurants within minutes
� World-Class Condo
Amenities
Adult & Children’s Swimming Pools
Children’s Play Area
Clubhouse & Function Hall
Pocket Gardens & Open Spaces
24/7 Security & Maintenance
Lifestyle & Investment Potential
Owning this Avida Riala condo means embracing a lifestyle where work, leisure, and urban convenience converge. Enjoy the energy of Cebu I.T. Park while having a modern retreat to call home. Ideal for personal use, vacation rentals, or long-term investment, this condo offers a strong rental market and consistent appreciation.
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Disclaimer
All property details, pricing, availability, floor area, and USD conversion are approximate and subject to change without prior notice. Information is deemed reliable but not guaranteed.
2-bedroom condo for sale Cebu I.T. Park • Avida Riala condo Cebu • Cebu City investment property • Modern condo for sale Philippines • Turnkey condo Cebu • Urban living Cebu • Expat-friendly condo Cebu • Cebu City real estate investment
Location
Open in Google MapsLiving in Cebu
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) — available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) — requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the Philippines→Key Fact
English is an official language and widely spoken — making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live Abroad→Philippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Transfer tax: 0.5-0.75%
- ·Documentary stamp: 1.5%
- ·Capital gains tax: 6% (seller, but often negotiated)
- ·Registration: ~0.25%
- ·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
₱5,000-15,000/yr
HOA / Condo Fees
₱3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
PH PRO REALTY
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
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