3 Bedroom House for sale in Banilad, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$884,956
50,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
3
Description
Property ID: SRBML106
Type: House for Sale
Location: Cebu City, Banilad, Maria Luisa Estate Park
Bedroom: 3
Bathroom: 3
Floor Area: 250 SqM
Lot Area: 350 SqM
Car Parking: 2 Cars
Furnishing: Furnished
Property
Features
- Fully Equipped Kitchen
- Living Room with Dining Area
- Master Bedroom with walk-in closet toilet and bath
- Two (2) Bedrooms each with toilet and bath
- Lanai
- Landscaped Garden
- Maid's Room
- Service Area
- Air Conditioning
- Gated Community
- 24/7 Security
Subdivision
Features (Maria Luisa Estate Park Amenities)
- Landscaped Parks with picnic grounds
- Jogging trails
- The Highland Park and Clubhouse
- The Emerald Lake valley
- Basketball and Tennis court
- Children Playground
- Water and Electric
facilities
- State of the art communications
facilities
First and foremost, if you are searching for an ideal Residence for Sale in Maria Luisa Park, experience the pinnacle of tropical luxury living in this exquisite property. Because this home offers an unparalleled combination of privacy, comfort, and classic elegance, it acts as the perfect sanctuary for growing families. Upon entering, abundant natural light immediately greets you through large windows. Consequently, this light illuminates the pristine ceramic tiled floors, thereby creating an airy ambiance that defines the home's welcoming character.
Additionally, the architect designed the home for both grand entertaining and intimate family moments. For instance, the intelligent layout flows seamlessly from the elegant living room containing a dining area to the relaxed family spaces. Moreover, the culinary heart of the home functions as a chef’s delight. Since the fully equipped kitchen
features a substantial center island and generous countertops, it provides the perfect setting for preparing family feasts. Furthermore, the dining area connects smoothly to the layout, effectively blurring the line between indoor luxury and the lush environment outside.
However, a deep connection to nature truly sets this property apart. Specifically, the lanai invites you to unwind with a book or host alfresco dinners while overlooking the landscaped garden. As a result, this focus on outdoor living makes this Residence for Sale in Maria Luisa Park a rare find in the city. Inside, the bedrooms serve as private retreats. In particular, the Master Bedroom
features a walk-in closet as well as its own private toilet and bath.
Beyond the home itself, living here means enjoying the world-class
amenities of Maria Luisa Estate Park. These include strict 24-hour security, landscaped parks with picnic grounds, and exclusive clubhouse facilities. Although the property feels private, it sits just minutes from the vibrant Banilad district; thus, you gain immediate access to top international schools and lifestyle centers. Therefore, secure your legacy today in this spacious home, where luxury meets nature in perfect harmony.
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
Cebu Grand 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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