New listing, Mandaue, Cebu
Cebu, Philippines
Guide Price
$73,700
4,164,041 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Welcome to this stunning modern loft apartment with an open layout and natural light in Mandaue City. Perfect for those seeking a sleek, minimalist design. This compact duplex apartment with a metal and wood staircase
features large windows that flood the space with light, a spacious kitchen with modern appliances, and a versatile loft area that can be used as a bedroom or office. With its black metal railing and natural wood flooring, this affordable loft apartment with a modern kitchen and bathroom offers both style and functionality. Ideal for those wanting a small duplex apartment for rent with a loft bedroom and open kitchen, this space combines beauty, practicality, and unbeatable value.
Building
Features:
- 100% back-up power generation
- Top of the line fire alarm and sprinkler system with fire exits
- Lobby and reception area
- Indoor parking
- 3 elevators
- ISO-certified property management with solid track record
Amenities:
- Commercial area (laundry, convenience shop, food court)
- Science observatory deck
- Study hall
- Themed lounge per floor
- Dedicated area for tutorials
Security
Features:
- 24-hour security
- CCTV system
- Fire alarm and sprinkler system with fire exits
- Back-up power generation
Property ID: SRBEN3
Type: Loft Unit for Sale
Location: Canduman, Mandaue City
Bedroom: 1
Bathroom: 1
Floor Area: 34 SqM
Furnishing: Unfurnished 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 Grand 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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