1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$164,845
9,313,765 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Discover East Gate by Taft Properties, where the vibrant pulse of Cebu City is just steps away. Nestled within a thoughtfully crafted MicroTownship, East Gate offers the perfect blend of convenience and luxury with its strategic location, placing you within walking distance of the bustling Cebu Business Park. This four-tower development, comprising stylish condominiums, modern offices, and a premier hotel, is anchored by the East Gate Shoppes and the expansive Sky Plaza, offering breathtaking views of the city. Embrace a lifestyle of comfort and connectivity, where every detail is designed to enhance your living experience in the heart of Cebu.
Building
Amenities:
- Children’s Play Area
- Fitness Gym
- Sky Gardens
- Swimming Pool
- Multipurpose Room
- Jogging Path
Building
Features:
- Elevator Key Card Access
- Back-up Power
- Multiple Parking Levels
- High-speed Elevators
Safety and Security
- Fire Detection and Alarm System
- 24-hour security and building maintenance
- Strategically Located CCTVs
- 100% Back-up Power
Property ID: SRDTEG2
Type: Condo for Sale
Location: Cebu City, Cebu Business Park, East Gate
Floor Area: 43 SqM
Bedroom: 1
Bathroom: 1
Furnishing: Unfurnished 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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