1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$246,000
13,899,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
� THE WAVE TOWERS
Rooted in Japan, Rising in Cebu
Experience a harmonious fusion of Japanese minimalism and Filipino warmth.
The Wave Towers
features two elegant residential towers with commercial spaces—
a landmark collaboration between VISMIN’s leading developer and world-renowned Japanese developer NTT UD Asia.
� Now Accepting Letters of Intent
As low as ₱14,000 monthly equity
60-month payment term
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PROJECT
HIGHLIGHTS
TOWER 1: The Wave Towers Nagomi
40 storeys | 709 units
40 Storeys of modern luxury
Unit Options:
� Studio | 1BR | 2BR | 3BR & Bi-level units
100% Back-up Power
Spacious Hallways: 1.5–1.8 meters wide
5 Elevators: 4 residential + 1 retail
709 Total Units
381 Parking Slots across 3 basement & 4 podium levels
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UNIT
INCLUSIONS
Painted walls, partitions, and ceilings
Tiled living areas & luxury vinyl bedroom floors
Fully fitted bathrooms with glass enclosures
Kitchen sink with cooktop, base cabinets & built-in shoe cabinet
Wardrobe (for 1-BR units & up)
Rangehood, intercom system, smart lockset, split-type AC
Fire detection & suppression system
Provision for washer & dryer, water heater, CATV
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WORLD-CLASS
AMENITIES
6th Floor:
Function Hall
Theater Room
Lounge Hall
Indoor & Outdoor Kids’ Play Areas
Lap Pool, Lounge Pool & Kids Pool
Spa Pavilion, Indoor Sauna
Japanese Garden Chapel & Prayer Pavilion
37th Floor:
Library Lounge
Fitness Gym
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ACT NOW – RESERVE TODAY!
� View Phone
(Sun | WhatsApp | Viber)
� View Phone
(Smart)
� Alexis C. Altesing
� Licensed Real Estate Broker
MyserviL Realty and Brokerage
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
MyserviL Realty and 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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