3 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$1,699,115
96,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
For Sale: Ultra-Luxury 3-Bedroom Penthouse at IPI Center by Rockwell – Cebu City, Philippines
Live Above It All in the Queen City of the South
Step into the pinnacle of high-rise living with this 277 sqm (2,981 sq. ft.) 3-Bedroom Penthouse at IPI Center by Rockwell—Cebu City’s newest symbol of luxury, prestige, and innovation.
Price: ₱96,000,000 (Approx. $1.65 Million USD)
Location: Pope John Paul II Avenue, Cebu City – Former IPI Factory Site
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About IPI Center by Rockwell: Where Vision Meets Vertical Living
Nestled in the heart of Metro Cebu, this 2.85-hectare mixed-use Rockwell development is designed for discerning homeowners seeking sophistication, accessibility, and a vibrant community. Boasting 75% open space, the master plan includes a 61-storey residential tower, premium-grade office spaces, and a lifestyle retail hub—all in one well-integrated enclave.
� Available Units: (Perfect for Investors & End-Users)
Studio Units: 34 sqm – Starting at ₱10M
1-Bedroom Units: 39–65 sqm – ₱11M to ₱20M
2-Bedroom Units: 104 sqm – Starting at ₱31M
3-Bedroom Units: 154 sqm – Starting at ₱47M
Semi-Penthouse Units: 224 sqm – Starting at ₱73M
PENTHOUSE Unit: 277 sqm – Starting at ₱96M
Parking Slots: ₱1.65M (Ground, Basement 1 & 2)
Why Invest in the IPI Center Penthouse?
Elevated Luxury Living: Stunning panoramic views of Cebu’s skyline, mountains, and the ocean
High-End Rockwell Craftsmanship: Renowned for world-class quality, exclusivity, and timeless design
Strategic Central
Location: Minutes from Cebu Business Park, IT Park, hospitals, schools, and shopping centers
Low-Density Living: 75% open space allows for privacy, natural light, and ventilation
Strong Appreciation & Rental Yield: Ideal for investors, business executives, or retirees looking for long-term value
Rockwell Signature
Amenities:
Resort-style swimming pool
State-of-the-art gym
Elegant function rooms
24/7 security & concierge services
Back-up power for uninterrupted living
Curated lifestyle retail & dining experiences just an elevator ride away
� Investment That Grows with the City
Cebu’s booming economy and growing real estate demand make the IPI Center Penthouse a rare gem for both lifestyle buyers and property investors. With Rockwell's reputation and Cebu’s continued infrastructure development, this project is a high-yield, low-risk opportunity you shouldn’t miss.
Schedule a Private Viewing Today
Live, invest, and thrive in one of the most sought-after addresses in the Philippines.
Disclaimer: Prices, unit availability, and details are subject to change without prior notice. USD conversion is approximate and may vary depending on exchange rates. All information is for reference only. 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
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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