2 Bedroom Condo for sale in Hippodromo, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$548,673
31,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
3
Description
THE LUXURY OF WELLNESS AND SUSTAINABILITY
A signature development of ARTHALAND and ARCH Capital, Lucima is the flagship green high-rise residential condominium in the Queen City, where a seamless interweaving of sustainability and wellness in a prime address awaits.
Lucima offers a signature ARTHALAND address located within Cebu City’s main central business and lifestyle district, Cebu Business Park, and is also in close proximity to the
Cebu I.T. Park, one of the largest PEZA-accredited IT economic zones in the country.
SUSTAINABILITY
▪︎ Pre-certified LEED Gold, vying for EDGE and BERDE certifications
▪︎ Potager Garden at Lucima to increase the supply of fresh, nutritious and organic produce for residents
▪︎ Efficient building envelope to ensure that you have a cooler temperature inside your home all year round
▪︎ Double glazed façade, energy efficient air-conditioning and lighting system to lower your energy consumption resulting in at least 40% savings on your electricity bills
▪︎ Low-flow plumbing fixtures to lessen your water consumption and achieve at least 20% savings on your water bill
▪︎ Home to endemic and endangered vegetation to promote vibrant biodiversity
▪︎ Rainwater management to collect and to store rainwater as an alternative source for watering plants
▪︎ Bicycle
facilities with racks and repair station to promote convenient and healthier means of
transportation
WELLNESS
▪︎ Vying for WELL certification
▪︎ Single tower design ensures healthy and low density living environment
▪︎ 24/7 semi-autonomous surveillance robots that promote a safer, contactless environment
▪︎ Equipped with Energy Recovery Ventilators (ERV)* to improve indoor air quality by bringing in fresh, filtered air while controlling the humidity for thermal comfort
▪︎ Equipped with Carbon Monoxide monitors to keep track of pollutants for safe and healthy indoor air
▪︎ Air tight units to prevent sound and odor transmission between spaces, promoting better acoustic and indoor air quality
▪︎ Main door is designed to prevent unwanted dust, air, and odor transmission between spaces
▪︎ Optimized natural daylight for better views and much needed Vitamin D
▪︎ Air purifiers with patented technology removes up to 99% of airborne mold, bacteria, and viruses in all common areas
▪︎ Bathrooms are equipped with smart exhaust to expel excess moisture, reducing risk of respiratory health issues
▪︎ Low-emitting and non-toxic building materials to reduce risk of exposure to toxic compounds
▪︎ Thermal camera and virtual concierge in main lobby minimize risk of virus transmission
AMENITIES
▪︎ Loung Pool
▪︎ Children's Pool
▪︎ Sun Deck
▪︎ Lounge Chairs
▪︎ Fitness Center
▪︎ Children's Play Room
▪︎ Function Hall
▪︎ Drop Off Area
▪︎ Main Lobby 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
Prime-Estate Realty Corp.
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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