1 Bedroom Condo for sale in Basak, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$79,646
4,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Looking for a fully furnished condo for sale, move-in ready? This Airbnb-ready unit at Royal Oceancrest Mactan, Cebu is the perfect opportunity for investors or individuals seeking a comfortable, hassle-free living space. With a 30 sqm floor area, including a veranda, this condo is equipped with all the essentials and high-end
amenities such as smart TVs, a washing machine, an espresso machine, and even a mini bar with premium wine & whiskey.
PROPERTY DETAILS:
-
Location: Basak Lapu-Lapu City, Cebu
-
Floor Area: 30 sqm (with Veranda)
- Price: ₱4.5M
LOCATION &
ACCESSIBILITY
Conveniently located at Basak Lapu-Lapu City, Cebu:
- 5 minutes – Mactan Marina Mall
- 7 minutes – Mactan-Cebu International Airport
- 7 minutes – Lapu-Lapu City Hall
- 8 minutes – Shangri-La’s Mactan Resort & Spa
- 8 minutes – The Mactan Newtown
- 10 minutes – Gaisano Grand Mall Mactan
- 10 minutes – Hospitals (Mactan Doctors’ Hospital, Lapu-Lapu City Hospital)
- 12 minutes – Mactan Shrine
- 15 minutes – Cebu Yacht Club
- 20 minutes – SM Seaside City Cebu
UNIT
INCLUSIONS
This move-in-ready condo comes fully furnished with premium amenities, making it perfect for personal use or as an Airbnb rental.
Entertainment & Appliances:
- Two 42” Smart TVs
- Washing Machine & Dryer
- Refrigerator
- Hot/Cold Water Dispenser
- Induction Cooker, Sandwich/Waffle Maker
- Espresso & Capsule Coffee Machine
- Microwave/Grill
- Speaker & Mic
- Printer & Work Desk
Bedroom & Living Room:
- Queen Bed with Mattress, Bedsheets & Pillows
- Sofa Bed with Pillows
- Baby Crib & Changing Table (includes clothes & diapers)
Additional
Features:
- Hot/Cold Shower Heater
- Vacuum Cleaner for easy maintenance
- Mini Bar with Premium Wine & Whiskey (Imported from Europe)
WHAT YOU SEE, IS WHAT YOU GET
This condo is ready for immediate occupancy and is Airbnb-ready. With its complete furnishings, it offers a hassle-free, high-quality living experience.
Stay tuned for more details or visit our website for early inquiries:
https://cebudreaminvestment.com/property/fully-furnished-condo-for-sale-in-mactan-c----
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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