Condo for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$148,673
8,400,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐๐ผ๐ฟ ๐ฆ๐ฎ๐น๐ฒ ๐๐๐น๐น๐-๐๐๐ฟ๐ป๐ถ๐๐ต๐ฒ๐ฑ ๐ฆ๐ฒ๐ฎ ๐ฉ๐ถ๐ฒ๐ ๐๐ผ๐ป๐ฑ๐ผ ๐จ๐ป๐ถ๐ ๐ฎ๐ ๐ ๐ฎ๐ฐ๐๐ฎ๐ป ๐ก๐ฒ๐๐๐ผ๐๐ป
One Manchester Place, Tower 1, Corner Area, Sea view with Balcony
42 sq.m.
Fully furnished
15th floor
Unit turnover: 2023
with Condo Title
๐๏ฟฝ๐ฒ๐ป๐ถ๐๐ถ๐ฒ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
-Swimming pool with cardio pool
-spa
-gym
-culinary center
-elegant and spacious lobby
-tennis court
-basketball court
-zen garden
-rock climbing wall
-function rooms
-kids playground
-free access to mactan newtown beach (former portofino beach)
-24 hours security
๐ช๐ถ๐๐ต ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐ฎ๐ฐ๐ฐ๐ฒ๐๐ ๐๐ผ ๐ป๐ฒ๐ฎ๐ฟ๐ฏ๐ ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐/๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ฒ๐๐๐ฎ๐ฏ๐น๐ถ๐๐ต๏ฟฝ๐ฒ๐ป๐๐ (๐๐ถ๐๐ต๐ถ๐ป ๐๐ฎ๐น๐ธ๐ถ๐ป๐ด ๐ฑ๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ ๐ณ๐ฟ๐ผ๏ฟฝ ๐๐ต๐ฒ ๐ฐ๐ผ๐ป๐ฑ๐ผ):
-starbucks
- 7-11
-civet coffee
-union bank
-metrobank
-restaurants (gine dining restaurants offering Filipino, American, Chinese, Korean and Japanese Cuisine)
-al fresco dining
-watsons pharmacy
- Robinsons supermarket
-McDo
-Jollibee
-School (Mactan Newtown School of Excellence) managed by La Salle
๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ๐ด.๐ฐ๐ ๐ผ๐ฝ๐ฒ๐ป ๐ณ๐ผ๐ฟ ๐๐ฒ๐ฟ๏ฟฝ๐
Developers price: 10-11M
Buyer will shoulder transfer taxes and other charges.
B0187RRCO
For Inquiries:
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Home and Investment Partners
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 โ the complete pre-move checklist.
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