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2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu

Cebu, Philippines

Guide Price

$230,088

13,000,000 PHP

PROPERTY TYPE

condo

BEDROOMS

2

BATHROOMS

2

2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 2
2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 3
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Description

Property ID: SRBAR10

Type: Condo for Sale

Location: Avida Riala, Cebu IT Park, Cebu City

Bedroom: 2

Bathroom: 2

Floor Area: 57 SqM

Furnishing: Unfurnished

Parking: 1 Car

Features

- 2-bedroom layout

- 57 sqm

floor area

- Open-plan living and dining space

- Large windows for natural light

- Wood-pattern vinyl flooring

- Kitchen with overhead and base cabinets

- Utility/storage room

- Modern bathroom with rainshower head

- Neutral interior finishes

- Ideal for end-use or investment

Avida Towers Riala

Amenities

- Adult and Kiddie Pools

- Private Courtyard & Garden Spaces

- Children’s Play Area

- Outdoor Fitness Spaces

- Retail Area

- 24/7 Security & CCTV

- Property Management Office

- Fire Alarm & Sprinkler System

- Standby Power for Common Areas

Building

Features

- Main lobby and reception

- Three elevators per tower

- Access control system

- Centralized water supply

- Fire detection & suppression system

- CCTV in key areas

- Standby generator

- Garbage disposal system

- Mail room per building

Experience practical city living in this bright and efficiently designed 2-bedroom condo for sale at Avida Towers Riala, located inside the vibrant Cebu IT Park. This unit

features an open living and dining layout, large windows that invite natural light, and warm wood-pattern flooring that enhances its clean and modern feel.

The kitchen includes overhead and base cabinets in a contemporary wood finish, providing both style and functionality. Both bedrooms are well-lit and versatile—ideal as a master room, guest room, or home office. A dedicated utility/storage room adds valuable convenience for everyday living. The bathroom is equipped with modern fixtures, neutral tiles, and a rainshower head, offering a fresh and relaxing atmosphere.

Situated in Avida Towers Riala, this unit gives residents access to a host of lifestyle

amenities and the unmatched convenience of living in Cebu IT Park—home to offices, restaurants, cafés, and entertainment hubs. Whether for end-use or investment, this condo promises strong long-term value in one of Cebu’s most desirable locations. Telephone number: View Phone

Location

Open in Google Maps

Living 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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

Cebu Grand Realty

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP