1 Bedroom Condo for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$162,832
9,200,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Live a luxurious beachfront lifestyle in a five-star residences here in Movenpick Residences. This French Mediterranean high-rise residential resort complex is affiliated with the internationally acclaimed Movenpick Hotels and Resort Chain that is committed in giving a Swiss hospitality and attention to detail as well as utmost focus on quality, reliability and care. It is composed of hotel tower and residential tower with a mix of one bedroom and two bedroom units. All units come fully furnished with wide balconies to enjoy the spectacular views of the ocean and the neighboring islands and all one bedroom units have provisions for a utility area. Located in Punta Engano, Mactan Island, you are just 10 to 15 minutes scenic drive away from Mactan Cebu International Airport.
Furnished 1 Bedroom Condo for Sale in Movenpick Residences Mactan. Includes:
- Bedroom with toilet and bath
- Fully Equipped Kitchen
- Dining Area
- Living Area
- Balcony
The residence tower shares the same lobby and entrance as the hotel. Guests will have access to Movenpick Residences's amenities.
Features and
Amenities:
- Swimming Pool
- White Sand Beach
- Lobby Lounge Bar
- All Day Dining Restaurants
- Retail Area
- Gym (additional fee)
- 24/7 Security & CCTV
- Fire Detection Alarm and Water Sprinkler System
- Common Area Maintenance
- Back-up Power System
Property ID: SRBMR1
Type: Condo for Sale
Location: Movenpick Residences, Mactan Lapu-Lapu
Bedroom: 1
Bathroom: 1
Living Area: 72 SqM
Furnishing: Fully Furnished
ParkingSlot: 1 Car 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
Cebu Grand 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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