2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$407,080
23,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
2-Bedroom Condo with Maid’s Quarter For Sale at 38 Park Avenue – Cebu IT Park
Experience upscale city living in Cebu’s most iconic address – 38 Park Avenue. This stunning 2-bedroom condo with maid’s quarter is perfectly located in the heart of Cebu IT Park, one of the most vibrant and in-demand business and lifestyle districts in the Philippines.
Property Details
Floor Area: 104 sqm (≈ 1,119 sq.ft.)
Bedrooms: 2 + Maid’s Quarter
Bathrooms: 2
Condition: Ready for Occupancy
Furnishing: Unfurnished (design it to your taste)
Views: Sea, City & Mountain Views from your unit
Lifestyle &
Features
Live where the city meets the sky. At 38 Park Avenue, every residence is designed to maximize natural light, airflow, and breathtaking panoramic views of Cebu’s skyline, mountains, and coastline.
Exclusive Sky Club Amenity Deck & Sky Gardens (Infinity Pool, Fitness Gym, Lounges, Multi-function Hall)
Grand Atrium with High Ceilings – bringing elegance and natural light to the tower’s core
Dual Main Lobbies (East & West) for privacy and convenience
8 High-Speed Elevators ensuring fast access
3 Levels of Basement Parking with 24/7 security
� Building
Amenities
Resort-style swimming pool & poolside lounges
Fully equipped fitness gym
Elegant lounge areas for business or relaxation
Multi-function hall for events & gatherings
Showers & changing rooms
Garden atrium with open-air greenery
� Why This Property Is A Smart Investment
✔ Prime
location in Cebu IT Park – strong rental demand from expats, BPO executives, and professionals
✔ Huge discount vs developer’s price – instant savings and capital appreciation potential
✔ Premium lifestyle
amenities that elevate everyday living
✔ Rare RFO (Ready-for-Occupancy) luxury unit in Cebu’s most prestigious residential tower
Own Your Piece of Cebu’s Skyline
Whether you’re looking for a luxury home, a vacation residence, or a high-value investment, this 2-Bedroom Condo at 38 Park Avenue, Cebu IT Park delivers unmatched exclusivity, convenience, and long-term growth potential.
� Disclaimer: Prices, exchange rates, and availability are subject to change without prior notice. 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
PH PRO REALTY
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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