3 Bedroom Condo for sale in Marco Polo Residences, Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$687,357
38,835,696 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
3
Description
Immerse yourself in a unique sense of comfort and elegance. Captivating modern facilities, in touch with nature. This is life at Marco Polo Parkplace, the final premiere tower capping oof the landmark Marco Polo Residences a signature development by Federal Land, Inc.
With over 48 Indoor & Outdoor All Shared Amenities!
Units Available:
- 1 Bedroom (45.00 - 52.00 SQM.)
- 2 Bedroom (77.00 - 92.00 SQM.)
- 3 Bedroom (116.50 SQM.)
- Duo Suite (116.50 SQM.)
- Villa (77.00 - 131.50 SQM.)
Developer: Federal Land, Inc.
Target Turnover: 2027
Floor Area: 116.50sqm.
Price at: Php 38.8M+
Buyer's Promo for June 30, 2025 only
Selling Price: Php 36,861,000.00
Plus, Advance Registration Charges: Php 1,974,696.43
Total Contract Price: Php 38,835,696.43
Reservation Deposit Php 50,000.00
20% Step-Up Downpayment
2% in 12 Months, Php 57,000.00
3% in 12 Months, Php 92,152.50
4% in 12 Months, Php 122,870.00
5% in 12 Months, Php 153,587.50
6% in 12 Months, Php 184,305.00
80% Balance thru Cash or Bank Financing Php 29,488,800.00
Interested? For more details and unit viewing,
Christopher T. Plamos, REA, REB
Real Estate Broker PRC License No. 31369
Real Estate Appraiser PRC License No. 9633
Disclaimer: The availability of the unit as well as the price may change without prior notice.
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
Christopher T. Plamos, REA, 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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