Land for sale in Canduman, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$314,602
17,775,000 PHP
PROPERTY TYPE
land
BEDROOMS
1
BATHROOMS
1
Description
A Rare Find Near Ateneo de Cebu β Ideal for Residential or Rental Use!
Features:
Lot Size: 395 sqm β ready to build with existing structure
Fenced, gated, and secured β includes carport and studio-type building
Clean title β hassle-free transfer
Price Range: β±40,000ββ±45,000/sqm (Negotiable)
οΏ½ Why Invest in This Property?
β Highly accessible
location β near Sacred Heart School (Ateneo de Cebu), Tintay Market, and NestlΓ©
β Surrounded by apartments and boarding houses β perfect for a small rental project
β Strategically positioned for consistent rental income or long-term residential use
β Located in a secure, interior area β quiet but still central
Location Perks:
Walking distance to Sacred Heart School β Ateneo de Cebu
Few meters from Hideout CafΓ©, Lechon sa Payag, and Una Spazio Apartments
Near Canduman Market, Tintay Public Market, and major access roads
Best For:
A starter home near top schools
A dormitory or apartment-style rental business
A secure and accessible investment in Mandaue
οΏ½ Act Fast! Few lots remain in this area with clean titles and ready-to-build conditions.
οΏ½ Message us now to schedule a site visit or inquire further!
Affordable. Accessible. Ready to Build. Your next investment starts here! Telephone number: View Phone
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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β yours.
Contact Agent
Broker Junie Alon, CPA, REB
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 β the complete pre-move checklist.
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