1 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$336,283
19,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Luxury Living ! Choose the Residences at Sheraton Cebu Mactan Resort. Sheraton Cebu Mactan Resort is ideally set on the exotic coral island of Mactan, which is part of Cebu Province in the Central Visayas. Located in Punta Engano Barangay, our beachfront resort
features breathtaking views of Magellan Bay.Mactan-Cebu International Airport (CEBU) can be reached by car in 10 minutes.
The Residences at Sheraton Mactan for SALE
1Bedroom for Sale Sheraton Cebu Mactan Resort
SEMI FURNISHED
Floor level: 18th floor
Floor area: 62.09 sq. meters
Balcony: 6.12 sq. meters
Parking: 1
SELLING PRICE: P 20M rush to P 19M
A beachfront property, Sheraton Mactan Resort will feature a 1,313-square meter function space for meetings,
weddings, and events. Other
facilities include Sheraton’s signature spa, three restaurants, “enhanced” lobby lounge, swimming pool, and fitness center.
Benefits of Buying:
1. Director or Residential Services
2. Security
3. Access to all resort services and
amenities with signing privileges
4. Cleaning, maintenance and repair of residential common areas
5. SPG Gold Card status for five years
6. Residents’ Card
A la carte services
1. In-residence housekeeping
2. Laundry/dry cleaning/pressing/seamstress
3. In-residence botanical service
4. 24-hour in-residence maintenance
5. 24-hour in-residence dining
6. In-residence catering
7. Grocery shopping and delivery
8. Business Center
9. Personal assistant/secretarial services
10. Courier service
The Residences
Features and
Facilities:
1. 22-storey tower with 154 units
features a beautiful open-air and resort style lobby
2. Unit mix, parking
3. Residential lobby
4. Courtyard’s large lagoon pool
5. Fully fitted fitness center
6. Separate male and female steam rooms
7. Resident’s lounge
8. Multi-purpose function rooms
9. Access to private beach club
10. Mailbox area
11. Four dedicated residential-tower passenger elevators
12.Service elevator
13. Dedicated Parking
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
Haller International 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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