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
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 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
Alessandra Victoria Guingao
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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