2 Bedroom Condo for sale in Avida Towers Riala, Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$203,540
11,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
๐๐ข๐ฅ ๐ฆ๐๐๐ | ๐ฎ-๐๐ฒ๐ฑ๐ฟ๐ผ๐ผ๏ฟฝ ๐๐๐น๐น๐ ๐๐๐ฟ๐ป๐ถ๐๐ต๐ฒ๐ฑ ๐๐ผ๐ป๐ฑ๐ผ ๐ฎ๐ ๐๐๐ถ๐ฑ๐ฎ ๐ง๐ผ๐๐ฒ๐ฟ๐ ๐ฅ๐ถ๐ฎ๐น๐ฎ โ ๐๐ฒ๐ฏ๐ ๐๐ง ๐ฃ๐ฎ๐ฟ๐ธ
Price: โฑ11,500,000 (Approx. USD $197,000 Subject to change)
Prime
Location: Avida Towers Riala, Cebu IT Park, Cebu City
Invest in a rare opportunity at Avida Towers Riala, located in Cebu IT Parkโa thriving business, residential, and lifestyle hub. Perfect for professionals, families, and savvy investors seeking strong rental income and long-term capital appreciation.
๏ฟฝ Unit
Features:
2 Bedrooms | 2 Bathrooms
Floor Area: 57 sqm (โ 613 sq ft)
Fully Furnished โ Modern interiors, move-in ready
Located on the 27th Floor โ Enjoy panoramic city views
๐๐ก๐ฒ ๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐จ๐ง๐๐จ?
Inside Cebu IT Park โ Cebuโs premier BPO and lifestyle destination
High Rental Demand โ Popular with expats, executives & digital nomads
Excellent
Location โ Walk to offices, malls, cafรฉs, and restaurants
Strong Capital Growth โ Consistent property value appreciation
Reputable Developer โ Built by Ayala Land, a trusted name in Philippine real estate
Schedule a Private Viewing Today
Donโt miss this exclusive investment opportunity.
Contact us now to request a virtual tour or on-site viewing. 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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ 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 โ the complete pre-move checklist.
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