1 Bedroom Condo for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$150,442
8,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
1 Bedroom Condo for sale in Maribago, Cebu
For Sale 1 Bedroom RFO Furnished Unit
1 Bedroom
Floor Area: 47.50 sqm
Selling Price: Php 8.5M Net
Ready For Occupancy
Furnished
It is the first solely residential resort development in Cebu. The 11-hectare property boasts of a ready 200-meter natural beachfront blessed with fine, powdery white sand. Residents can enjoy the use of the 4-hectare amenity area. It takes its architectural cues from the natural environment. Among the focal points of the resort community are the huge acacia and banyan trees and the abundance of smaller yet equally captivating trees dotted throughout the entire development. It can best be described as modern tropical, with wide open spaces allowing for breezy comings and goings. Nothing formal or restricted, the air of casual chic resonates from the entrance of the modern lobby to the charmingly modern wood deckings that seemingly mimic the natural surroundings.
Located at Buyong Road, Maribago, Mactan Island, Cebu.
Airport 9.1km 20 min.
Central business district 22km 45 mins.
Nearest hospital 5.7km 15 mins
Nearest University 5.5km 15 mins.
Nearest Supermarket 1.1km 5 mins.
Transport Terminal (taxi,PUJ) 800meters 5 mins.
MASTER PLAN
o Total Land Area : 110,000 sqm. (11 hectares)
o Central Amenity : 40,000 sqm. (4 hectares)
o 6 Towers in Phase 1
Web Ref #: 76406815 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
SHOUJIKI 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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