1 Bedroom Condo for sale in Banilad, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$68,047
3,844,670 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
READY FOR OCCUPANCY CONDO IN BANILAD MANDAUE CITYCEBU
TCP:3,844,670.5
RF:20k
Equity:25k/mo for 6months
pag ibig: 23k/mo
required income: 65,807.69
Can be thru Bank or in house financing as well
PROMO:
100% waived move in fees
Additional 20k rebates
free 2 aircons for 1BR
Plus additional freebies
Strategic locations:
Near Oakridge Business Center, one ride way to:
UV Gullas
USCTalamban
UC Baniad
Major Malls, Banks & Hardware Stores
Amenities:
Chapel
Access to PLv Sports Club with Swimming Pool, FItness gym and Basketball court
Individual Mailboxes
High Speed Elevators
Centralized Garbage Collection area with Segragated Garbage Chutes
main Lobby and Reception area
Commercial Spaces at the Groundfloor
Fire alarm and sprinkler system
Multi-level Podium and Basement Parking
Standby Generator
Perfect for:
Young professionals
Investors ( Airbnb/long-term rental ready)
Families looking for a city home
FEW UNITS ONLY! DON'T MISS THIS CHANCE
Message us now to schedule a viewing or reserve your unit today! 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
Jane Estrada
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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