2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$185,841
10,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
๏ฟฝ For Sale: Furnished 2-Bedroom Condo โ Avida Towers Riala, Cebu IT Park
Price: โฑ10,500,000 NET (โ USD $186,000*)
*USD based on current exchange rate; subject to change
Location: Tower 1, Avida Towers Riala, Cebu IT Park, Cebu City
๏ฟฝ
Floor Area: 57 sqm (โ 613 sq ft)
Floor Level: 21st Floor | With Balcony Overlooking Amenity Area
Unit
Highlights
2 Bedrooms | 2 Bathrooms
Fully Furnished โ Stylish interiors, ready to move in
Balcony with refreshing pool & garden views
Perfect for end-users, investors, or Airbnb hosting
๏ฟฝ Condominium
Amenities
Resort-style Swimming Pools
Fitness Gym & Wellness Spaces
Landscaped Gardens & Open Areas
Function Rooms for gatherings
24/7 Security with CCTV
High-speed elevators & secure parking (subject to availability)
๏ฟฝ
Why Choose Avida Riala at Cebu IT Park?
โ Unbeatable
Location โ Walk to BPO offices, Ayala Malls Central Bloc, cafes, banks, and lifestyle spots
โ High Rental Demand โ Preferred by professionals, expats, and digital nomads
โ Ready for Occupancy โ Live in or start earning rental income immediately
โ Trusted Developer โ Backed by Avida Land (Ayala Land) for quality & long-term value
โ Vibrant City Living โ Work, leisure, and convenience all in one hub
Schedule Your Private Viewing Today!
This rare 2-bedroom unit offers the perfect mix of comfort, convenience, and investment potential in Cebuโs most dynamic urban district.
๏ฟฝ Disclaimer
All information provided is deemed reliable but not guaranteed. Prices, availability, and
property details may change without prior notice. USD conversion is approximate and based on prevailing exchange rates. 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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ 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 โ the complete pre-move checklist.
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