1 Bedroom Condo for sale in Santa Cruz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$123,894
7,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
2
Description
Ultima Residences - Tower 3
Total
Floor Area: 67.75 sqm
Loft area: 31 sqm
Ground floor: 35.75 sqm
1 Bedroom
2 Toilets and baths
Discover the ultimate in Condominium living at the high rise residential tower located at Fuente Osmeña Boulevard Cebu City.
Condominium built year 2012, our unit handled by Architect and Interior Designer, loft type and fully furnished condominium. It has 1 bedroom, 2 toilet & bath with 2 water heater, smoke detector, 2 Flat screen TV, Refrigerator, microwave oven, gas range with hood, storage area, couch with pillows, bed with mattress and closet.
Ultima Residences Tower Condominium has 28 innovative floors of quality at every dimension. The condominium uses an appealing mix of wood, glass, chrome and stainless steel in its interiors, Ultima Residences Tower Condominium has closed Circuit TV, Automatic Generator Set, Automatic Sprinkler System, Internet Connection and 5 high-speed elevators.
Community features,
facilities and
amenities
- 24 hour security guard
- Gym
- Pool
- Library
Price: 7M
Association dues - 4,005.00 / month
Terms for rent: 2 months advance rental, 2 months deposit plus dues
Neighborhood and
location:
- Ultima Residences Tower 3, Osmeña Boulevard, Cebu City beside Crown Regency Hotel
- Shopping and dining: Robinsons Fuente, Mcdonalds, KFC, Robinson Cybergate, Pizzahut
- Less than 15 minutes to Ayala, 20 minutes to SM Malls, IT Park lahug
- 1 hour and 10 minutes travel to the Airport
Location: Cebu IT Park, Cebu City 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
Cebu Globenet 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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