2 Bedroom Condo for sale in Basak, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$189,461
10,704,532 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
For as low as Php22k/month for 2-Bedroom Unit, you can own a condo unit a few meters away from Mactan Export Processing Zone II (MEPZ II)...
๐ธ๐๐๐๐๐๐ ๐๐ ๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐๐๐ ๐๐๐ก๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐ ๐ผ๐ด๐ฟ๐๐ธ, ๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐. ๐ฟ๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐พ๐๐๐๐๐๐ ๐๐ข ๐๐๐ ๐ฟ๐๐๐๐๐ ๐ ๐๐๐๐.
โ10% Discount PROMO on 10% Equity ๏ฟฝ
โ10k Reservation Fee only
Project Name: Paseo Grove
Location: Brgy. Basak, Lapulapu City, Cebu
๐จ๐ก๐๐ง ๐๐๐ง๐๐๐๐ฆ
2 Bedroom Type
2 Toilet and Bath
Living, Dining & Kitchen Area
Floor Area: 62 sq.m
๐ฆ๐๐ ๐ฃ๐๐ ๐๐ข๐ ๐ฃ๐จ๐ง๐๐ง๐๐ข๐ก
Total Contract Price (TCP): Php10,704532.00
Reservation Fee (RF): Php10,000.00
10% Equity/Downpayment : Php1,070,453(Less Reservation Fee & 10% Discount-Php107,045.00) payable up to 42 Months at 22,700/month
90% Balance Thru Bank financing: Php9,634,078.00
๐๐๐๐ถ๏ฟฝ๐ฎ๐๐ฒ๐ฑ ๐ ๐ผ๐ป๐๐ต๐น๐ ๐๏ฟฝ๐ผ๐ฟ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป:
5 years @ 190,766/month
10 years @ 111,860/month
15 years @ 86,594/month
20 years @ 74,693/month
๐ก๐ข๐ง๐
Transfer and miscellaneous fees are included in
Total Contract Price
Prices Subject to Change without Prior Notice.
๐๐๐๐ง๐จ๐ฅ๐๐ฆ & ๐๐ ๐๐ก๐๐ง๐๐๐ฆ
Lobby
2 Elevators per Tower
2 Swimming Pools with Pavilion
Gym
Daycare Center
Parks and Gardens
Multipurpose Rooms
Retail Areas
๐๐๐๐๐ฆ๐ฆ๐๐๐๐๐๐ง๐ฌ
900 m SM Hypermarket
1.2 km Mactan Island Golf Club
1.4 km PHILSCA
1.9 km Lapu-Lapu Public Market
2 km Osmeรฑa Bridge
2.4 km Mactan Doctorsโ Hospital
3 km University of Cebu
5 km Mactan Cebu Intโl Airport
5 km Waterfront Airport Hotel
6.5 km Cebu-Cordova Link Expressway
Get to where you need to be in a flash when you live in Paseo Grove, a condominium development at the heart of Mactan, Cebu. Situated a few meters away from the Mactan Export Processing Zone II (MEPZ II) and a short drive away from resorts and the Mactan-Cebu International Airport, Paseo Grove brings every imaginable comfort closer to home.
P0114PGCO
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Home and Investment Partners
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 โ the complete pre-move checklist.
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