Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$90,265
5,100,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
1
Description
𝐖𝐚𝐤𝐞 𝐔𝐩 𝐭𝐨 𝐎𝐜𝐞𝐚𝐧 𝐕𝐢𝐞𝐰𝐬 𝐄𝐯𝐞𝐫𝐲 𝐃𝐚𝐲! �
𝐕𝐞𝐫𝐭𝐞𝐱 𝐂𝐨𝐚𝐬𝐭 | 𝐏𝐮𝐧𝐭𝐚 𝐄𝐧𝐠𝐚𝐧𝐨, 𝐋𝐚𝐩𝐮-𝐋𝐚𝐩𝐮 𝐂𝐢𝐭𝐲
𝐅𝐎𝐑 𝐀𝐒 𝐋𝐎𝐖 𝐀𝐒 𝟔,𝟕𝟎𝟎+ 𝐌𝐎𝐍𝐓𝐇𝐋𝐘 𝐄𝐐𝐔𝐈𝐓𝐘 𝐅𝐎𝐑 𝟔𝟎 𝐌𝐎𝐍𝐓𝐇𝐒
At Vertex Coast, luxury meets nature in the heart of Punta Engaño, Lapu-Lapu City. Its
location is just a few meters away to luxurious resorts and hotel in the area!
Whether you're looking for a vacation home, a rental investment, or a dream residence, this is where you belong!
𝐓𝐎𝐖𝐄𝐑 𝟏 𝐁𝐔𝐘𝐄𝐑'𝐒 𝐏𝐑𝐎𝐌𝐎
𝟓% 𝐃𝐈𝐒𝐂𝐎𝐔𝐍𝐓 𝐎𝐍 𝐓𝐇𝐄 𝐄𝐐𝐔𝐈𝐓𝐘 + 𝐍𝐎 𝐌𝐎𝐕𝐄 𝐈𝐍 𝐅𝐄𝐄 (promo until May 30,2025)
𝐓𝐎𝐖𝐄𝐑 𝟐 𝐁𝐔𝐘𝐄𝐑'𝐒 𝐏𝐑𝐎𝐌𝐎
𝐍𝐎 𝐌𝐎𝐕𝐄 𝐈𝐍 𝐅𝐄𝐄 (promo until May 30,2025)
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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
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 — the complete pre-move checklist.
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