3 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$1,101,261
62,221,247 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
3
Description
Type: 3 bedroom
Floor Area: 173 SqM
Pre-Selling Price: Php 62,221,247 nett
2 Parking Slots
3 Bedrooms with Bathrooms
In addition, Maid's Quarter and Balcony
View: Beachfront and
Amenities
Sample Payment Term:
Reservation Fee: PHP 100,000
10% Downpayment: PHP 2,880,408 (15 days after reservation)
40% Amortized for 51 months: PHP 225,915 / Month
50% Upon Turn over: PHP 14,402,040 (Bank-Financing Accepted)
Amenities:
300 meter Beachfront
Residential Lobby
Sea-Facing Swimming Pools
Pool Deck and Lounge
Residents’ Lounge
Gym and Yoga Studio
Function Rooms
Children’s Play Area
Open Grounds
Building
Features:
Four high-speed elevators:
2 Passenger and 2 Service Lifts
Automatic fire alarm, fire detection, and sprinkler systems
100% standby emergency power
Security system with electronic access control
Closed-circuit TV monitoring
Basement parking equipped with a ventilation system
Exclusive drop-off bay
Pre-assigned parking spaces for 2BR-4BR units
LIVING & DINING AREAS
Floor
• Porcelain Tiles
Wall
• Paint with wooden baseboard
TOILET & BATH
Single bowl sink with single-lever basin mixer (3-hole basin mixer for Master T&B)
Floor
• 300 x 600 homogeneous tiles
Wall
• Full-height 600x600mm Porcelain Tiles • Accent Mosaic Tiles for Shower Area
Countertop
• Natural Stone or approved equivalent
Mirror
• Included
ALL BEDROOMS
Floor
• Porcelain Tiles
Wall
• Paint with wooden baseboard
Closets
• Laminated closet doors with white interiors
KITCHEN
Floor
• Porcelain Tiles
Wall
• Paint
Cabinetry
• Laminated Finish
Countertop
• Quartz Countertop
Plumbing Fixtures & Fittings
Gessi exposed bath and shower mixer or approved equal
Duravit under-counter lavatory, or approved equal
Gessi mixer, or approved equal
Duravit Water Closet, or approved equal
Gessi exposed rain shower and hand shower or approved equal
WINDOWS
Living, Dining & Bedrooms
• 2400mm high windows with 100mm upstand wall
OTHERS
1BR and 2BR Units (99-101sqm); Single-tub sink with gooseneck faucet
2BR, 3BR, and 4BR Units:
Double-tub sink with gooseneck faucet
Prices and details are subject to change without prior notice.
For more info, kindly email or call us, for the latest updates.
You can visit 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
Realty Network Brokerage
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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