Land for sale in Blue Coast Residences, Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$84,558
4,777,500 PHP
PROPERTY TYPE
land
BEDROOMS
1
BATHROOMS
1
Description
Welcome to Blue Coast Residences, where luxury meets convenience in the heart of Punta Engaño, Lapu-Lapu City. We are excited to offer a rare opportunity to own a spacious 245 sqm corner lot in one of the most prestigious subdivisions in the area. This flat terrain lot is perfectly situated to build your dream home, surrounded by serene beauty and top-tier community facilities.
Property
Highlights:
-Lot Area: 245 sqm
-Type: Corner Lot
-Terrain: Flat
Price: PHP 19,500 per sqm (net of all taxes & fees)
Subdivision
Amenities:
-Elegant Gate and Guardhouse
-Swimming Pool
-Basketball Court
-Clubhouse
-Wide Roads with Efficient Drainage System
Prime
Location:
Blue Coast Residences is strategically located to provide easy access to the best that Mactan has to offer:
500 meters away from Shangri – La Mactan
1 kilometer away from Mactan Newtown
300 meters away from Movenpick Hotel and Resort
1 kilometer away from LG Garden Walk
9.1 kilometers away from Mactan International Airport
4.9 kilometers away from Lapu-Lapu International College
7.9kilometers away from Mactan Doctors Hospital
Why Choose Blue Coast Residences?
Living in Blue Coast Residences means enjoying a blend of luxury and convenience. The subdivision is designed to cater to those who desire a tranquil lifestyle while still being close to major
amenities and recreational venues. The community is secure, with an elegant gate and guardhouse, and offers a variety of recreational
facilities such as a swimming pool, basketball court, and a clubhouse that can be enjoyed by residents of all ages.
Investment Opportunity:
This lot in Blue Coast Residences is not just a place to build a home—it's an investment in your future. The increasing demand for properties in Punta Engaño, especially near high-profile resorts and commercial hubs, ensures potential capital appreciation.
Act Now:
Don't miss out on the chance to own this desirable corner lot in Blue Coast Residences. Whether you're planning to build your dream home or seeking an investment opportunity in a fast-growing area, this property offers both.
Contact Us:
For more information or to schedule a viewing, please contact us today. Discover the potential of living in Blue Coast Residences, where every day feels like a vacation. 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
Broker Junie Alon, CPA, REB
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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