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Office for sale in Banilad, Cebu, Mandaue, Cebu

Cebu, Philippines

Guide Price

$240,667

13,597,696 PHP

PROPERTY TYPE

office

BEDROOMS

1

BATHROOMS

1

Office for sale in Banilad, Cebu, Mandaue, Cebu - Photo 2
Office for sale in Banilad, Cebu, Mandaue, Cebu - Photo 3
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Description

Looking for a prestigious corporate office to grow your business?

π˜Όπ™Žπ™π™π˜Ό π˜Ύπ™Šπ™π™‹π™Šπ™π˜Όπ™π™€ π˜Ύπ™€π™‰π™π™€π™ office units are now available for sale!

Location: A.S. Fortuna St., Mandaue City, Cebu

A benchmark for other developments to aspire for its unique global

features (multi-deck, bold canopy, punched windows, articulated glass) reflect its modern and upscale design

Aspiring Lifestyle

A trend in real estate, a modern dynamic lifestyle where you can Live, Work & Thrive one place

Landmarks/Accessibility

Across Oakridge Business Park

5 minutes drive going to Super Metro

10 minutes drive going to Gaisano Country Mall

10 minutes drive going to University of San Carlos

15 minutes drive going to JCentre Mall

Transportation Details:

PUJ (Public Utility Jeep) going to schools, malls and hospitals

Astra Corporate Center is a 19-storey office tower designed to provide a first-class corporate environment, with flexible and efficient work spaces located within a vibrant mixed-use complex.

β–ͺAreas for Sale

β€’ 14th – 19th floors 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) β€” 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) β€” 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 β€” 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

πŸ’°Cost of Living
Affordable
πŸ›‘οΈSafety
Use caution
πŸ—£οΈEnglish Spoken
Widely
πŸ₯Healthcare
Basic
🌬️Air Quality
Poor
πŸ“ΆInternet
Slow
🚢Walkability
Moderate
πŸš‡Transit
Limited

Cost of buying in Philippines

Estimated fees and ongoing costs for this property

Closing Costs

5-8% of purchase price

  • Β·Transfer tax: 0.5-0.75%
  • Β·Documentary stamp: 1.5%
  • Β·Capital gains tax: 6% (seller, but often negotiated)
  • Β·Registration: ~0.25%
  • Β·Notary: ~0.5%

Annual Costs

Property Tax

1-2% of assessed value (varies by city)

Insurance

β‚±5,000-15,000/yr

HOA / Condo Fees

β‚±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 β€” 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 β€” yours.

Contact Agent

Cebu DreamHome Investments

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 β€” the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP