2 Bedroom Condo for sale in The Padgett Place, Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$254,523
14,380,553 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
The Padgett:
Premium
Location: Situated in Lahug, Cebu City—walking distance to Cebu Business Park, IT Park, universities, hospitals, and lifestyle destinations.
Spacious 2-Bedroom Layout: Generous
floor area for comfortable family or executive living, ideal for end-users or investors.
Breathtaking Views: Large windows offer panoramic city, sea, and mountain vistas from both bedrooms and main living area.
High-Quality Finishes: Modern architecture, high ceilings, and elegant fixtures throughout the unit.
Exclusive
Amenities: Access to swimming pools, fitness gym, jogging path, landscaped garden, viewing deck, and concierge service—all within a secure, 24/7-guarded environment.
Free Lifetime Golf & Leisure Membership: Select units come with membership at Liloan Golf Estates—an offering rarely matched by other developments.
Strong Rental Demand: The Padgett’s
location and prestige ensure high rental occupancy, making it perfect for short-term (Airbnb) or long-term income.
AAA, Earthquake-Resistant Build: Developed by a reputable, ISO-certified developer with a solid track record for safety and sustainability.
Move-in Ready: Most units are ready for occupancy, perfect for buyers looking for immediate use or rental returns.
Limited Availability: With only a handful of units left, exclusivity and future appreciation are assured.
Here are the
amenities and
facilities of The Padgett Place Condominium:
Swimming Pool
Kiddie Pool
Fitness Gym
Jogging Path
Garden
Viewing Deck
24-hour Security
Concierge Service 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
BARINO REALTY SERVICES / FINDHOME PH
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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