Back to Cebu, Philippines

1 Bedroom Apartment for sale in Cebu IT Park, Cebu, Cebu City, Cebu

Cebu, Philippines

Guide Price

$96,460

5,450,000 PHP

PROPERTY TYPE

Condo

BEDROOMS

1

BATHROOMS

1

1 Bedroom Apartment for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 2
1 Bedroom Apartment for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 3
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Description

� Studio Condo for Sale – Grand Residences Cebu (Titled & Fully Furnished)

Modern City Living in the Heart of Cebu | Investment-Ready Unit

Step into urban sophistication with this titled, fully furnished studio condo at Grand Residences Cebu, located on Gov. M. Cuenco Avenue, Banilad — one of Cebu City’s most accessible and vibrant neighborhoods. Perfect for professionals, students, expats, or investors, this property combines convenience, comfort, and strong rental potential.

Location: Grand Residences Cebu, Gov. M. Cuenco Ave., Banilad, Cebu City

Unit Type: Studio Condo (Fully Furnished)

Floor Area: ≈ 267 sq. ft. (24.8 sqm)

� Floor: 9th

� Status: Titled

Price: ₱5,450,000 (~USD $93,000)*

Key

Features

Fully Furnished & Move-In Ready – Designed for comfort and convenience

Studio Layout – Efficient space perfect for single professionals or couples

Titled Unit – Hassle-free ownership and resale

High-Floor Unit – Offers city views and natural light

Ideal for Airbnb or Long-Term Rental – Strong investment potential

� Building

Amenities

� Adult & Kiddie Swimming Pools

� Fully Equipped Fitness Gym

Clubhouse & Function Halls for gatherings

� Landscaped Gardens & Jogging Paths

� 24/7 Security with CCTV Monitoring

⚡ Backup Power & Fire Safety Systems

� Why Invest in Grand Residences Cebu?

Prime

Location: Minutes from Cebu IT Park, Ayala Center Cebu, Cebu Country Club, schools, hospitals, and business hubs

Strong Rental Yield: Popular among local and international tenants

Convenient Lifestyle: Live, work, and play without leaving your neighborhood

Move-In Ready: Fully furnished unit reduces setup costs and time

� Schedule Your Private Viewing Today

Don’t miss this opportunity to own a fully furnished, titled studio condo in one of Cebu’s prime urban addresses.

Mobile | Viber: View Phone

� WhatsApp: https://wa.me/ View Phone

Disclaimer

All property details, pricing, and availability are subject to change without prior notice. USD conversion is approximate based on current exchange rates. Buyers are encouraged to verify all information before making investment decisions.

Studio Condo for Sale Cebu • Fully Furnished Condo Banilad • Grand Residences Cebu Investment • Cebu City Rental Property • Airbnb Ready Condo Cebu • Prime

Location Condo Cebu • Cebu IT Park Condo • Titled Studio Unit Cebu • High-Floor Condo Cebu • Urban Luxury Condo Cebu

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

PH PRO REALTY

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