1 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$264,310
14,933,500 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!
At last you've found paradise. is your very own.
What makes a
location perfect? Pristine waters lapping sunsoaked shorelines. Sprawling countryside watched over by a booming city. The weather made warmer by friendly smiles. These and the natural charm of Mactan Island Cebu.
UPDATED MARCH 2025
REMAINING UNITS, READY FOR OCCUPANCY
TOWER 3 (Prices area enclusive of VAT & parking slot)
11TH Floor
R1101---3 BEDROOMS CONDO
Floor Area = 179.94
Selling Price : P41,286,500.00
SPECIFICATION:
3 bedrooms, 2 toilet & bath, maid's room w/ toilet & bath, service area, kitchen area, dining, living area w/ balcony, master bedroom w/ balcony & toilet & bath, 1 parking area.
11TH Floor
R1104---1 BEDROOM CONDO
Floor Area = 61.45
Selling Price : P14,933,500.00
SPECIFICATION:
1 bedroom, 1 toilet & bath, service area, kitchen area, dining, living area w/ balcony, master bedroom w/ balcony, 1 parking area.
20TH Floor
R2005---2 BEDROOMS PENTHOUSE 2 2003
Floor Area = 172.35 sqm
Selling Price : P43,025,750.00
SPECIFICATION:
2 bedrooms, 2 toilet & bath, maid's room w/ toilet & bath, service area, kitchen area, dining, living area w/ balcony,
master bedroom w/ balcony & toilet & bath, 1 parking area.
TOWER 2 (BEACHSIDE)
PENTHOUSE LOFT UNITS LEFT:
PH101--348.04 sqm (3,750 sqt.)
Presidential Suite, Prime 4 Bedrooms, Bi-Level
Full Sea View
Selling Price : P82,679,400.00
SPECIFICATION:
4 BEDROOMS w/ 4 toilet & bath w/ 3 bathtubs. On the first floor is the living area w/ big lanai, dining w/ 2 lanai, kitchen, pantry & utility, powder room,one guest room w/ toilet & bath, and lanai. On the second floor is the Master bedroom w/ jacuzzi, walk-in closet, lavatory, and 2 lanai. Also another bedroom w/ own toilet & bath & bathtub, and 2 lanai. Also a den, and another toilet & bath, and common big lanai.
GENERAL
AMENITIES:
*Whitesand Beach
*Ballroom
*Free Form Swimming Pool
*Function Room
*Aqua sports and Diving
Facilities
*Marina
*Business Center
*SPA/Full service Health Club
*Children Playroom
*Specialty Restaurant (western & asian)
*All Day Dining Restaurant
*Lobby Lounge Bar
*Lanai in all Units
*Marina Cafe
*Specialty Shops
*Pool Bar
*Room Service Residential
Amenities
*Elevator
*Provision for Telephone & Internet
*Provision for Split-type air-conditioning
*All Electrical Provision
*Maid Room
*Interphone 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) — 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
MDC REALTY & BROKERAGE
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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