3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$814,159
46,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
Price: ₱46,000,000.00
Location: Avalon Condominium, Cebu Business Park-Ayala, Cebu City
Property Details:
•
Floor Area: 259 sqm
• Bedrooms: 3
• Toilets and Baths: 4
• Parking: 2 Car Slots
• Floor Level: 19th floor or the Penthouse
The penthouse units of Avalon Condominium in Cebu Business Park are located on the topmost floor of the building, which is the 19th floor. These exclusive units offer expansive views and luxurious living spaces, making them a premium choice for residents seeking the pinnacle of urban living in Cebu.
Unit
Features:
• Spacious and elegantly designed living area
• Three luxurious bedrooms with en-suite bathrooms
• Four modern and stylish bathrooms
• Private sauna for ultimate relaxation
• Laundry room with washer and dryer
• Large balcony with stunning views
• Store room for extra storage
• Expansive terrace perfect for outdoor entertaining
Building
Amenities:
• Sky Lounge and Garden with panoramic views
• Swimming Pool (Lap Pool and Kiddie Pool)
• Fully equipped Fitness Gym and Yoga Area
• Multi-Purpose Function Room and Conference Room
• Elegant Lobby with 24/7 Reception Services
• Garden Deck and Children’s Playground
• 24/7 Security and CCTV Surveillance
• High-Speed Elevators and Backup Power Supply
Investment Benefits:
• Prime
location in Cebu Business Park, Ayala
• High property value appreciation
• Proximity to Ayala Center Cebu, business offices, healthcare facilities, and educational institutions
• Ideal for families, expatriates, and business executives seeking luxury living in the heart of the city
Experience unparalleled luxury and comfort in this spacious 3-bedroom condominium in Avalon, Cebu Business Park-Ayala. With its prime location, exquisite features, and top-notch amenities, this property offers the perfect blend of convenience and sophistication. Don’t miss this opportunity to own a piece of luxury in Cebu’s premier business district. Contact us today for more details or to schedule a viewing. 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
Fareast Habitat and Settlements. Inc.
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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