Condo for sale in Busay, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$52,212
2,950,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
RUSH SALE | FOR ASSUME Studio Unit in ๐๐ ๐ ๐๐ก๐๐ ๐ฅ๐๐ฆ๐๐๐๐ก๐๐๐ฆ ๐ฑ๐ฒ ๐ก๐๐ฉ๐๐
Location:
๐๐ ๐ ๐ฅ๐ผ๐ฎ๐ฑ ๐ก๐ถ๐๐ฒ๐น ๐๐ถ๐น๐น๐ ๐๐ฝ๐ฎ๐ Cebu City;
stone throw away from Citylights Garden.
โกExpected start of ๐๐๐ฟ๐ป๐ผ๐๐ฒ๐ฟ ๐ถ๐ ๐ฎ๐ฌ๐ฎ๐ฑ๏ฝก
๐ ๐๐๐๐ ๐๐๐๐:
Studio A: 22.15sqm
Seaview
Why ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐?
A = Aussie Quality
B = Busay, a tourist destination, Sirao, Temple of Leah, Botanical Garden, Tops and Lantaw
C =Countryside living, living within 5 minutes from Lahug
D = Direct Access to the main road
E = Exciting City/Sea and Mountain View
F = FURNISHED and FULLY-FINISHED upon delivery
G = GREAT SAVINGS; appliances, furniture and fixture are ๐ญ๐น๐ฌ๐ฌ
I - IDEAL for residential and investment
H = HASSLE-FREE, you can MOVE IN right away or have it rented once turned over
๐๐๐๐๐๐๐๐๐:
Amenities are found at the 4th Floor
โPre-function area with seats
โDay Care Centre
โcommunity Hall
โGym & Fitness center .
โTheater Room .
โComputer/Game Room
โTable Tennis/Billiard Room
โSwimming Pool
โKiddie Pool
โSauna Room
โChanging Room
โOutdoor Shower Area
โBBQ Area
โDecking Area with Pool Beds
Assume Price - 464,770
Balance Loanable: 2,485,230
TSP: 2,950,000
Negotiable
Note: Buyer to shoulder the taxes and transfer charges
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
Marisa Ocaya Pitogo
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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