1 Bedroom Serviced Apartment for sale in Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$257,516
14,549,656 PHP
PROPERTY TYPE
serviced
BEDROOMS
1
BATHROOMS
1
Description
AN ICONIC ADDITION TO CEBU’S LANDSCAPE
Inspired by New York’s iconic Flatiron Building, this gleaming crystal tower will rise above the city and is set to become one of Cebu’s prized landmarks It will be the embodiment of a global brand finding its home in Cebu.
It combines luxurious serviced residences and first-rate hospitality services, making this a world-class home.
Take in the exclusivity of this development where one can experience everyday hotel living at its finest.
STRATEGICALLY LOCATED IN CEBU’S FINANCIAL DISTRICT
Cebu is consistent as one of the country’s strongest local economies. Its excellent
location makes it ideal for business, as it is easily accessible by land, sea and air. This has led to immense expansion of businesses in many industries. Cebu City is able to provide a solid foundation that allows businesses to thrive competitively — a great reason why it is set to break ground here.
The project will rise at Gorordo Avenue corner Archbishop Reyes Avenue. It is along uptown Cebu City and can be accessed from all points via major thoroughfares. It is just a few steps away from the bustling business and commercial district of Cebu Business Park, the premier business district in the South. This area integrates business, residential, shopping, sports and recreational
facilities – making it a very active area of work and play..
AMENITIES
It has
amenities that reflect the service, style and soul of hotel living. There are
amenities shared by both residential and serviced suites, and
amenities exclusive to each to foster a sense of privacy.
GROUND FLOOR
• Restaurants
8TH FLOOR
• Jacuzzi
COMMERCIAL SPACES WITH COMPLEMENTING SERVICES
• Function Rooms
• Serviced Offices
ROOF DECK
• Sky Deck
SUITES
This low-density development offers 361 luxury units with separate entrance for private (157 units) and serviced suites (204 units). Owners of residential suites have the freedom to furnish space to their own liking and be near their place of work in Cebu Business Park. For owners of serviced suites, their unit will be added to the pool of leasable units which will be managed by the serviced residence operator.
Building
Features
• 100% back-up power
• Fire alarm and smoke detection system
• Two (2) fire exits per floor
• 24-hour security service
• Overhead water tank
• CCTV camera
Unit
Features
• Smoke detector
• Fire sprinkler
• Provision for telephone
• Provision for CATV
• Provision for multi-point heater
• Provision for split-type aircon
• Provision for washer/dryer
• Floor to ceiling as high as 3.2M
Disclaimer: Actual data may vary.
Web Ref #: 58468088 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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