3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$761,062
43,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
� AVALON PENTHOUSE FOR SALE
Cebu Business Park | Prime Ayala Center Location, Cebu City
PRIVATE SAUNA • 2 EXPANSIVE TERRACES • FULLY FURNISHED • WITH PARKING
Avalon Condominium, Cebu Business Park, Cebu City, Philippines
� One of Cebu’s most prestigious and sought-after luxury residential addresses
Live Above the City in Absolute Luxury
Welcome to a rare ultra-luxury penthouse inside Avalon Condominium, located in the heart of Cebu Business Park, just steps away from Ayala Center Cebu. Designed for discerning buyers who value space, privacy, prestige, and lifestyle, this penthouse delivers an unmatched living experience in one of the most prime urban districts in the Philippines.
From its private in-unit sauna to two exclusive outdoor terraces, this home offers resort-level comfort combined with city convenience—perfect for executives, expats, diplomats, and luxury investors.
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Property Details
Floor Area: 259 sqm
≈ 2,788 sq ft
Bedrooms: 3 spacious bedrooms
Bathrooms: 4 elegant toilet & bath
Terraces: 2 private outdoor terraces
Private Sauna: ✔ Yes (extremely rare feature)
Parking: 2 dedicated car slots INCLUDED
Furnishing: Fully furnished with SMEG premium appliances
Selling Price
₱43,000,000
An exceptional value for a luxury penthouse in Cebu Business Park, offering both lifestyle prestige and strong investment upside.
Why This Avalon Penthouse Is Truly Exceptional
✔ Rare private sauna inside the unit
✔ Massive 2,788 sq ft penthouse layout
✔ Two private terraces for outdoor living, entertaining, and city views
✔ High-end finishes with SMEG luxury appliances
✔ Prime Cebu Business Park
location — walk to Ayala Center
✔ Ideal for CEOs, expats, diplomats & high-net-worth families
✔ Strong demand for executive leasing & long-term appreciation
Avalon Condominium – Premium
Amenities
� Swimming Pool
� Fully Equipped Fitness Gym
� Function & Event Rooms
� 24/7 Security & CCTV
� Grand Lobby with Concierge Services
A secure, prestigious environment designed for elite urban living.
Ideal For
Luxury End-Users
� Expat & Diplomatic Residences
Executive / Corporate Leasing
� High-End Real Estate Investors
� Rare Offering – Very Limited Availability
Penthouse units in Avalon Cebu Business Park are extremely rare and highly coveted. Opportunities like this do not stay on the market long.
� Inquire Now | Schedule a Private Viewing
Mobile | Viber: View Phone
� WhatsApp: wa.me/ View Phone
Disclaimer:
All prices, availability, measurements, furnishings, and USD conversions are approximate and subject to change without prior notice.
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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