Back to Cebu, Philippines

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

2 Bedroom House for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu - Photo 2
2 Bedroom House for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu - Photo 3
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Description

๐—™๐—ข๐—ฅ ๐—”๐—ฆ๐—ฆ๐—จ๐— 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

๐—›๐—ข๐—จ๐—ฆ๐—˜ ๐——๐—˜๐—ง๐—”๐—œ๐—Ÿ๐—ฆ/๐—™๐—˜๐—”๐—ง๐—จ๐—ฅ๐—˜๐—ฆ

๏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

๐—”๐— ๐—˜๐—ก๐—œ๐—ง๐—œ๐—˜๐—ฆ

๏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

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป๐—พ๐˜‚๐—ถ๐—ฟ๐—ถ๐—ฒ๐˜€, ๐—ฏ๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด, ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐˜€๐˜€๐—ถ๐˜€๐˜๐—ฎ๐—ป๐—ฐ๐—ฒ, ๐—ฝ๐—น๐—ฒ๐—ฎ๐˜€๐—ฒ ๐—ฐ๐—ฎ๐—น๐—น ๐—ผ๐—ฟ ๏ฟฝ๐—ฒ๐˜€๐˜€๐—ฎ๐—ด๐—ฒ ๏ฟฝ๐—ฒ ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜๐—น๐˜†: Telephone number: View Phone

Location

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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) 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 Philippinesโ†’

Key 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 Abroadโ†’
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

๐Ÿ’ฐCost of Living
Affordable
๐Ÿ›ก๏ธSafety
Use caution
๐Ÿ—ฃ๏ธEnglish Spoken
Widely
๐ŸฅHealthcare
Basic
๐ŸŒฌ๏ธAir Quality
Poor
๐Ÿ“ถInternet
Slow
๐ŸšถWalkability
Moderate
๐Ÿš‡Transit
Limited

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

โ‚ฑ5,000-15,000/yr

HOA / Condo Fees

โ‚ฑ3,000-10,000/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.

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 โ€” the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP