4 Bedroom Condo for sale in Ocean Palace Beach Club, Guiwang, Cebu, Alcoy, Cebu
Cebu, Philippines
Guide Price
$221,239
12,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
4
BATHROOMS
2
Description
Become the owner of this unique stunning penthouse featuring a grand living hall with integrated kitchen and dining area, 3 to 4 bedrooms, 2 bath and sea-view loggia of 35 sqm.
Designed in the style of a Venetian palazzo reminiscent of the Grand Canal in Venice, this exclusive and intimate beachfront residence is located directly on the sea in Cebu, Surrounded by a Mediterranean-inspired ambiance, the property offers unparalleled panoramic ocean views with the islands of Bohol, Siquijor, and Balicasag on the horizon.
Enjoy an atmosphere of refined elegance with approximately 4-meter-high ceilings and double-glazed arched windows and doors.
Property details:
• 3,400 sqm land area
• 60 meters of direct shoreline
• Elevator
• Restaurant
• Swimming pool
• Boat ramp
• Supermarket with International food products
• Carports
Additional
amenities include 24-hour security service, shuttle service to Cebu City, wheelchair-accessible design, housekeeping services, care options, and an international community under German management. Ready for occupancy in April 2026.
An attractive investment opportunity, particularly in light of the strong USD exchange rate. Ownership is fully secured also for foreign buyers. Numerous attractions, restaurants, hospitals, shops, and supermarkets are nearby. Just 25 minutes to the world-famous whale shark watching experience in Oslob and 10 minutes to the new ferry port in Dalaguete, offering connections to Bohol and other destinations.
For further information please contact the owner directly via email. 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) — 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
Thorben R.
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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