Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$814,159
46,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐ฆ๐๐๐ป๐ป๐ถ๐ป๐ด, ๐๐๐ ๐๐ฟ๐ถ๐ผ๐๐, ๐ฎ๐ป๐ฑ ๐ฃ๐ฟ๐ฒ๐๐๐ถ๐ด๐ถ๐ผ๐๐ ๐๐ถ-๐๐ฒ๐๐ฒ๐น ๐ฃ๐ฒ๐ป๐๐ต๐ผ๐๐๐ฒ ๐ณ๐ผ๐ฟ ๐ฆ๐๐๐ โผ
๐๐๐ซ๐๐ก๐๐ ๐๐ญ๐จ๐ฉ ๐ญ๐ก๐ ๐ฌ๐ค๐ฒ๐ฅ๐ข๐ง๐, ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐ง๐ง๐ข๐ง๐ ๐ฉ๐๐ง๐ญ๐ก๐จ๐ฎ๐ฌ๐ ๐๐ฉ๐ข๐ญ๐จ๐ฆ๐ข๐ณ๐๐ฌ ๐ฅ๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐ข๐ญ๐ฌ ๐ฉ๐๐ง๐จ๐ซ๐๐ฆ๐ข๐ ๐๐ข๐ญ๐ฒ ๐ฏ๐ข๐๐ฐ๐ฌ ๐๐ง๐ ๐๐ฑ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ ๐๐๐ฌ๐ข๐ ๐ง. ๐๐ก๐ ๐ฌ๐ฉ๐ซ๐๐ฐ๐ฅ๐ข๐ง๐ ๐ข๐ง๐ญ๐๐ซ๐ข๐จ๐ซ ๐๐จ๐๐ฌ๐ญ๐ฌ ๐ก๐ข๐ ๐ก-๐๐ง๐ ๐๐ข๐ง๐ข๐ฌ๐ก๐๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐ฆ๐๐ซ๐๐ฅ๐ ๐๐จ๐ฎ๐ง๐ญ๐๐ซ๐ญ๐จ๐ฉ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ฉ๐จ๐ค๐ ๐๐ก๐๐ง๐๐๐ฅ๐ข๐๐ซ๐ฌ, ๐๐ฑ๐ฎ๐๐ข๐ง๐ ๐๐ง ๐๐ฎ๐ซ๐ ๐จ๐ ๐ฉ๐ซ๐๐ฌ๐ญ๐ข๐ ๐. ๐๐ก๐ข๐ฌ ๐ฉ๐๐ง๐ญ๐ก๐จ๐ฎ๐ฌ๐ ๐ข๐ฌ ๐ ๐ญ๐๐ฌ๐ญ๐๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฅ๐ฎ๐ฑ๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ฅ๐ข๐ฏ๐ข๐ง๐ , ๐ฉ๐๐ซ๐๐๐๐ญ ๐๐จ๐ซ ๐ญ๐ก๐จ๐ฌ๐ ๐ฐ๐ก๐จ ๐ฌ๐๐๐ค ๐ญ๐ก๐ ๐๐ข๐ง๐๐ฌ๐ญ ๐ข๐ง ๐ฅ๐ข๐๐.
Location: Avalon, Cebu Business Park
Price: 46 million (Owner will shoulder CGT)
๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐๐ฒ๐๐ฎ๐ถ๐น๐
Lot Area of 259 sqm
Fully furnished
60 sqm terrace wrapping the apartment
5 sqm balcony
3 bedrooms with their own en-suite bathrooms
Master suite with walk-in closet and private sauna
All Nero-Marquina marble kitchen, fully equipped with all top-of-the-line built-in SMEG appliances from Italy
90cm induction range and integrated hood, microwave oven, oven, and panel-integrated dishwasher
2 parking spaces, lift-type
๐๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๏ฟฝ๐ฒ๐ป๐ถ๐๐ถ๐ฒ๐
3 High-Speed Passenger Elevator units
Heavy Duty Service Elevator Unit
24/7 Security & Closed Circuit Television (CCTV) system
Top-of-the-line fire alarm and sprinkler system with fire exits
100% Backup power generation
Centrally located garbage system per floor
Individual Mailbox for each unit
4 Levels of Basement Parking with parking allocation for visitor parking slots
Manicured gardens & park jogging trails at the Cebu Business Park
Perimeter Fence
ISO-Certified Property Management with a solid track record
๐๐ผ๏ฟฝ๏ฟฝ๐๐ป๐ถ๐๐ ๐๏ฟฝ๐ฒ๐ป๐ถ๐๐ถ๐ฒ๐
Adult and kiddie swimming pools
Main Lobby & Reception area
Function Rooms
Fitness Gym & Sauna
Landscaped gardens
Daycare Center
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
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
Home and Investment Partners
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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