3 Bedroom Condo for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$194,662
10,998,400 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
2
Description
� Own a Spacious Oceanfront 3-Bedroom Condo in Mactan – Live the Resort Life Every Day
Wake up to breathtaking sea views and experience elevated coastal living in one of Mactan’s most promising oceanfront communities.
Location: Subabasbas, Lapu-Lapu City, Cebu
Developer: Saekyung Realty Corp.
Project: Saekyung Ocean Residences
� Unit Type: 3-Bedroom Condominium
� Flexible Equity: As low as ₱142,084.21/month
Perfect for families, OFWs, and property investors, this spacious 3-Bedroom condo offers the perfect balance of luxury, comfort, and strong rental potential in the growing real estate market of Lapu-Lapu City.
Fully Loaded 3-Bedroom Unit (Premium Inclusions)
Enjoy a move-in ready home with valuable upgrades already included:
FREE Split-Type Air Conditioner
FREE Refrigerator
FREE Washing Machine
FREE Rangehood
FREE Transfer Taxes
FREE Water & Electric Connection
FREE Move-In Fees
� Save hundreds of thousands in additional costs while moving into a fully equipped home.
Prime
Location in Mactan, Cebu
Strategically located near key establishments and lifestyle destinations:
✈ Mactan–Cebu International Airport – approx. 20 minutes
� Mactan Newtown – approx. 10 minutes
� Gaisano Grand Mall Mactan – approx. 10 minutes
� Mactan Doctors’ Hospital – approx. 15 minutes
� Shangri-La Mactan Resort & Spa & Maribago Bluewater Beach Resort – 10–15 minutes
� Direct access to Cebu–Cordova Link Expressway for fast travel to Cebu City
� Why Invest in a 3-Bedroom Unit at Saekyung?
� Oceanfront Living – Enjoy panoramic sea views every day
Spacious Layout – Perfect for families or group stays
� High Rental Demand – Ideal for Airbnb & long-term leasing
� Flexible Financing – Pag-IBIG & Bank Financing Available
High Growth Area – Located in one of Cebu’s fastest-growing property markets
� Large units like 3-Bedroom condos are highly sought after by families, corporate tenants, and long-stay travelers in Mactan.
Secure your oceanfront investment today while units are still available.
Schedule a private viewing with us! 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
PH/PRO 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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