2 Bedroom Condo for sale in Hippodromo, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$157,522
8,900,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
1
Description
Location: Cebu Business Park - very quiet area in the city-center (Ideal to stroll in the evening) , opposite to Ayala Mall & Terraces – 1 Minute walk to new Ayala Entrance
Please note that prices at Ayala Mall were extremely sky-rocketing and are selling today at 200.000,-- Pesos per square meter – BARE - without fit-out and parking
If you compare to our prices, those are approx.. as follows for both units: 121.800,-- Pesos per square meter BARE – NO fit-out, no parking (both approx.. 2M / so 40% cheaper in price)
2 Bedrooms
very high-class fit out (1.5 Million Pesos fit-out with Mahagony wood included in the price)
Parking Slot (included in the price)
Floor Area: 60sqm
16th Floor
2 Bedrooms
Selling Price: 8.9 Million Pesos
available from 1st of January, 2023 onwards
Equipment of the both units
- Living room with leather Couch
- Kitchen with dining Table for 4 Persons
- Fully equipped kitchen
- Induction cooker and exhaust fan
- rather big Refrigerator
- All rooms with air-condition (Total 3)
- Flat TV
- Safe & Microwave, rice cooker - cooking pots
- WIFI
- bathrooms with Hot and Cold Showers
Building
features &
Amenities
- 24/7 CCTV / security all over the building
- swimming pool / Kiddie-pool
- business center
- 3 high speed elevators
- Gym
- reception hall & Lobby
- Function rooms
- Sauna / Jacuzzi
- 24 hours guarded
WEB REF. # 36331893 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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