Condo for sale in The Residences at Sheraton Cebu Mactan, Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$1,244,820
70,332,331 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
3
Description
� Where World-Class Living Meets Island Paradise
THE RESIDENCES AT SHERATON CEBU MACTAN RESORT
Own a rare piece of luxury on the shores of Cebu—where timeless design, five-star service, and breathtaking ocean views create a lifestyle reserved for the world’s discerning few.
� Beachfront Brilliance. Resort-Style Living. Residential Exclusivity.
Designed by the globally acclaimed Blink Design Group, this award-winning community merges modern elegance with tropical charm—delivering unparalleled aesthetics and functionality in every detail.
Prime
Location
Nestled in Punta Engaño, Lapu-Lapu City, just minutes from Mactan-Cebu International Airport.
Featured Villas & Units:
▪ 1BR Condo (70–77 sqm)
▪ 2BR Condo (147–164 sqm)
▪ 2BR Courtyard Villa w/ Garden & Pool (Up to 203 sqm)
▪ 3BR Courtyard Villa w/ Lagoon Pool (Up to 270+ sqm)
World-Class
Facilities Include:
Private beach club access
Resort-style lagoon pool & fitness center
Steam rooms, kids' playroom, residential lounge
Concierge, housekeeping, and in-residence dining
Marriott-level services, SPG Gold Card privileges
� Investor Benefits:
✔ High capital appreciation
✔ Strong rental yield potential
✔ Limited inventory for exclusivity
✔ Full access to Sheraton resort
amenities
� Whether you're building a luxury portfolio or securing a family legacy, this is your opportunity to own a branded residence in one of Asia’s most prestigious beach destinations.
Book your private viewing today.
�� Novelyn Alcober
WhatsApp: View Phone
�
� Request details
D8.18 Premier Properties Inc.
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
Novelyn Alcober
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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