2 Bedroom House for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$61,947
3,500,000 PHP
PROPERTY TYPE
house
BEDROOMS
2
BATHROOMS
1
Description
๐๐ข๐ฅ ๐๐ฆ๐ฆ๐จ๐ ๐
Brand New 2-Storey House and Lot for ASSUME at Coral Village in Suba Basbas, Lapu-Lapu City, Cebu.
ASSUME PRICE : 1.5M ( nego )
Bank balance : 2M +++
10 years to pay: 31,483 per month
๐๐ข๐จ๐ฆ๐ ๐๐๐ง๐๐๐๐ฆ/๐๐๐๐ง๐จ๐ฅ๐๐ฆ
๏ฟฝ2-Storey House and Lot
๏ฟฝTownhouse Type - Mid Unit
๏ฟฝSemi Finished Deliverable
๏ฟฝLot Area - 50 Sqm
๏ฟฝFloor Area - 48 Sqm (can be expand and put up a gate)
๏ฟฝCan put up to 2-3 Bedrooms
๏ฟฝ1 Toilet and Bath, can extend additional toilet and bath on 2nd floor
๏ฟฝLiving, Kitchen and Dining Area
๏ฟฝService Area
๏ฟฝParking Area
๐๐ ๐๐ก๐๐ง๐๐๐ฆ
๏ฟฝ24 Hour Security
๏ฟฝGated Entrance with Guardhouse
๏ฟฝParks and Playground
๏ฟฝSewage Treatment Plant
๏ฟฝClubhouse
๏ฟฝBasketball/Multi-purpose Court
๏ฟฝJogging Trail
๏ฟฝLandscaped Open Spaces
๏ฟฝConcrete Perimeter Fence
๏ฟฝUnderground Drainage System
๏ฟฝElectrical Power Distribution
๏ฟฝWater Distribution System with Overhead Water Tank
๐๐ผ๐ฟ ๐ถ๐ป๐พ๐๐ถ๐ฟ๐ถ๐ฒ๐, ๐ฏ๐ผ๐ผ๐ธ๐ถ๐ป๐ด, ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐ฎ๐๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ, ๐ฝ๐น๐ฒ๐ฎ๐๐ฒ ๐ฐ๐ฎ๐น๐น ๐ผ๐ฟ ๏ฟฝ๐ฒ๐๐๐ฎ๐ด๐ฒ ๏ฟฝ๐ฒ ๐ฑ๐ถ๐ฟ๐ฒ๐ฐ๐๐น๐: 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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Loida O'donovan
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 โ the complete pre-move checklist.
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