17 Bedroom Serviced Apartment for sale in Babag, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$442,478
25,000,000 PHP
PROPERTY TYPE
serviced
BEDROOMS
17
BATHROOMS
15
Description
FOR SALE INCOME GENERATED APARTMENT NEAR CCLEX BRIDGE CORDOVA CEBU “for more information let’s Talk 0945140----”
Total
Floor Area: 686.57 SQ.M
Lot Area: 483 SQ.M
Selling Price: Php25,000,000.00 Net of All Taxes
CCTV Cameras
Storage Room
Emergency Light
Electricity Room
Water Tank and Deep well
4 to 5 Car Garages
2 STOREY RESIDENTIAL APARTMENT COMBINED ATTACHED HOUSE
STUDIO ROOM (12 UNITS)
Studio Room with Toilet and Bathroom
Sliding Door with Screen
Small Kitchen and Lavatory
Every Unit has Fire Distinguisher
Ready Internet Cable
Smoke Detector
Every Unit has Sub Meter for Water and Electricity
TWO BEDROOM (2 UNITS)
2 Bedrooms
1 Toilet and Bathroom
Sliding Door with Screen
Dining and Small Kitchen
Small Living Area
Every Unit has Fire Distinguisher
Ready Internet Cable
Smoke Detector
Every Unit has Sub Meter for Water and Electricity
2 STOREY ATTACHED HOUSE WITH ROOF DECK
3 Bedrooms
2 Toilet and Bathroom
Kitchen Area
Dining Area
Living Area
Stairs and Hallway
Roof Deck
MODE OF PAYMENT: Cash / Bank Financing
For More Information and Viewing Kindly Contact:
Santillan Real Estate Brokerage
License Real Estate Appraiser
License Real Estate Broker
PRC No. 0033916
DHSUD No. R7-B-07/25-8027
Globe Mobile, Viber, WhatsApp #: +63945140----
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
Simplecio Santillan
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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