3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$761,062
43,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
οΏ½ Luxury Penthouse for Sale β Avalon, Cebu Business Park, Cebu City
Live Above It All with Unmatched Elegance and Panoramic City Views
Step into the ultimate luxury lifestyle with this fully furnished 3-bedroom penthouse in Avalon, right in the heart of Cebu Business Park and directly across Ayala Center Cebu. Combining expansive living spaces, designer interiors, and resort-style amenities, this property is perfect for discerning buyers seeking privacy, sophistication, and high investment potential.
Penthouse Details
Location: Avalon, Cebu Business Park, Cebu City, Philippines
οΏ½
Floor Area: 259 sqm (~2,788 sq ft)
οΏ½ Bedrooms: 3 spacious, elegantly designed
οΏ½ Bathrooms: 4 β Premium fixtures & finishes
οΏ½ Parking: 2-Car Garage
οΏ½ Furnishing: Fully furnished β Move-in ready with top-quality furniture & appliances
Price: β±43,000,000 (~$760,000 USD)*
Exclusive
Amenities &
Features
Prime Cebu Business Park
Location β Walk to offices, high-end retail, restaurants, and lifestyle hubs
Resort-Style
Facilities β Swimming pool, fully equipped gym, sauna, landscaped gardens, and function rooms
24/7 Security β Privacy and safety ensured for all residents
Breathtaking Panoramic Views β City skyline and sunsets from your own penthouse terrace
Why This Penthouse is a Smart Investment
Prestigious Address β Live in one of Cebuβs most coveted business districts
Rare Penthouse Unit β Limited availability for exclusive buyers
High Rental & Resale Potential β Ideal for luxury living, corporate housing, or high-end Airbnb investment
Move-In Ready β Fully furnished with premium finishes for instant enjoyment
Schedule Your Private Viewing Today!
Donβt miss this rare opportunity to own a luxury penthouse in Cebu Business Park.
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οΏ½ WhatsApp: https://wa.me/ View Phone
Disclaimer: USD price is approximate and may vary based on current exchange rates. Property details, furnishings, and availability are subject to change without prior notice.
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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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β 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 β the complete pre-move checklist.
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