Condo for sale in Carreta, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$97,345
5,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Mandani Bay Condo Tower 2 is a condominium unit available for sale in the North Reclamation Area. The unit covers an area of 29.75 square meters and is being offered for 5,300,000 pesos. Here are some details
about Mandani Bay and the
nearby area:
Mandani Bay is a waterfront development situated in the North Reclamation Area of Cebu City. It is a mixed-use development that aims to provide a modern and luxurious lifestyle to its residents. The development
features residential towers, commercial spaces, office buildings, and a host of amenities.
Some key
features and
amenities of Mandani Bay include:
Waterfront Living: Mandani Bay offers a stunning waterfront setting, providing residents with scenic views of the sea and easy access to recreational activities such as jogging, walking, or simply enjoying the waterfront ambiance.
Clubhouse and Pool Deck: The development includes a clubhouse with various recreational facilities, including swimming pools, fitness centers, and social spaces for residents to relax and unwind.
Retail and Dining Options: Mandani Bay incorporates retail and dining establishments within the development, ensuring convenience for residents who can find shopping and dining options just a few steps away from their homes.
Parks and Open Spaces: The development
features landscaped parks and open spaces where residents can enjoy nature, take leisurely strolls, or engage in outdoor activities.
Proximity to Key Areas: The North Reclamation Area is a strategic
location in Cebu City, offering easy access to major business districts, educational institutions, shopping centers, and entertainment hubs.
Connectivity: The area is well-connected to various
transportation networks, including major roads and highways, making it convenient for residents to travel to different parts of the city.
Mandani Bay Condo Tower 2 presents an opportunity to own a 29.75-square-meter unit within this prestigious development. It offers a luxurious and modern lifestyle with a range of
amenities and a prime waterfront
location in the North Reclamation Area of Cebu City. 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
Doc Gertrude 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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