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1 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu

Cebu, Philippines

Guide Price

$283,186

16,000,000 PHP

PROPERTY TYPE

condo

BEDROOMS

1

BATHROOMS

1

1 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu - Photo 2
1 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu - Photo 3
1/5

Description

Nestled along the shores of Punta Engaño, Lapu-Lapu City, this exclusive 20-storey development by Rockwell Land spans 5.2 hectares with 270 meters of private white sand beachfront. The project was launched in 2018 with expected delivery for all the components in 2030. However, Tower 1 will be delivered in 2025 with the turn over currently ongoing. With only 276 units condo units, Aruga promises privacy, tranquility, and exclusivity.

The project is a township that will feature:

· 2 Residential Condos

· 1 Hotel

· 20 Beach front villas

For the condo units we have 4 unit types available.

Condo Units:

· 1‑Bedroom: 67–69 sqm

· 2‑Bedroom: 99–101 sqm

· 3‑Bedroom: 161–173 sqm

· 4‑Bedroom: 230–292 sqm

· Villas: Spacious 131–298 sqm, perfect for full-blown island living.

Villas are currently sold out while Tower 1 is already 90% sold. However, if you are planning to get a unit you are not yet too late as Tower 2 is set to launch by 2025, together with the hotel. Target completion for Tower 2 and the hotel is in 2030.

Inclusions & Finish

Each unit at Aruga Resort & Residences – Mactan comes with premium finishes and thoughtfully selected fixtures. The kitchen is equipped with SMEG appliances, including a rangehood, cooktop, and oven, while all bedrooms, as well as the living and dining areas, are fitted with air conditioning. A washer and dryer are also provided, and for three-bedroom units and villas, a double-door refrigerator is included.

Storage and organization are enhanced with laminated modular cabinets by Mobil House, while the master toilet and bath feature porcelain tiles on the walls and floors, complemented by elegant Bianco Carrara natural stone countertops. Beachfront units offer additional touches of luxury, such as wooden slat ceiling accents, a headboard feature in the master bedroom, a full-length mirror in the toilet and bath, a mirror backsplash in the kitchen, and built-in cabinets in the living area.

Inclusions

· SMEG kitchen appliances: rangehood, cooktop, oven

· Air conditioning in all bedrooms, living, and dining areas

· Washer and dryer

· Laminated modular cabinets by Mobil House

· Master toilet & bath: porcelain tiles on walls & floors

· Bianco Carrara natural stone countertops

· 3-Bedroom & Villas: Double door refrigerator

Beachfront Unit Additions:

· Wooden slat ceiling accents

· Headboard accent in master bedroom

· Full-length mirror in toilet & bath

· Mirror backsplash in kitchen

· Built-in cabinets in living area

Amenities

· Grand lobby

· Function room for events

· Dining room / clubhouse

· Game room (billiards)

· Swimming pool for each tower

· Gym

· Sauna

· Library

· Lounge

· Children’s play area

Aruga offers views of the Hilutungan Channel and its crystal-clear waters. Residents can take in 360-degree sea vistas. T

Location

Open in Google Maps

Living 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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

Alessandra Victoria Guingao

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP