3 Bedroom House for sale in Bankal, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$297,345
16,800,000 PHP
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
3
Description
FOR SALE BRAND NEW HOUSE AND LOT IN MACTAN CEBU
Floor Area: 262 SQ.M.
Lot Area: 172 SQ.M.
Price: Php 16,800,000.00
3 Bedrooms wit own Toilet & Bath
3 Toilet and Bath
Family Room
Entertainment Area
Side Pocket Garden
2 Car Garages
INCLUSIONS:
Stone Coated Roof tiles
Pressurized Water Supply
Water Storage Tank
Aluminum Windows/Sliding Doors with Screens
Solid Wood Doors
Landscape Garden
Ground Floor
2 Car Garage (Tiled)
Living Area with with floor standing 3-tonner ACU
Kitchen with granite countertops, Granite Island & cabinetries
Included appliances: Double door Ref/Freezer, Range hood, Stove with Oven, and Microwave Oven
Cable ready TV Area
Powder Room
Spacious Maids Quarter with Full Bath
Service Kitchen with granite countertops
Spacious Laundry Area
Landscaped garden
Second Floor
Master’s Bedroom with Walk-In Closet
Bedroom 2 with Closets
Bedroom 3 with Closets
Cable ready Study/Office area
All Bedrooms have 1.5HP Split-type ACUs
All T&B have Hot & Cold water supply
FEATURES AND
AMENITIES:
Grand Entrance Gate & Guardhouse
Perimeter Fence
Interrelated Water System
Efficient Drainage System
Well-Lighted Wide Roads with Tree Lines
Landscaped Open Areas and Parks
Water Treatment Facility
Clubhouse with first class
amenities
Tropical Inspired Architectural and Landscaping Designs
Functional Hall
Swimming Pool
Lighted Perimeter Wall
Children’s Playground
Tree-lined (10 meter wide) Mainroad
Exclusive Entrane Gate with high-teh security systems for individual residences
PAYMENT TERMS:
Option 1: Cash
Option 2: Bank Financing
For More Information and Clarification: Please Contact Me.
Name: SIMPLECIO N. SANTILLAN
Email: [email&;protected]
Globe Mobile#: +63945140----
PRC–Accreditation No. 13482, DHSUD No. R7-A-04/21-1308
https://www.urproperty.net/property/house-for-sale-in-mactan-cebu-ready-for-occupa----
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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