Land for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$90,619
5,120,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐ง๐๐ผ ๐๐ฑ๐ท๐ฎ๐ฐ๐ฒ๐ป๐ ๐น๐ผ๐๐ ๐๐ข๐ฅ ๐ฆ๐๐๐ ๐ฎ๐ ๐ฃ๐ฎ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐๐ฟ๐ฎ๐ป๐ฑ ๐ฉ๐ถ๐น๐น๐ฎ๐, ๐๐ฎ๐ฝ๐๐น๐ฎ๐ฝ๐ ๐๐ถ๐๐
320 SQM. TOTAL
160sqm. each cut
frontage 10mtrs. each(20total)
Titled/Updated Tax
๐ญ๐ฒ๐ธ ๐ฝ๐ฒ๐ฟ ๐๐พ๏ฟฝ
๐ฆ๐๐ฏ๐ฑ๐ถ๐๐ถ๐๐ถ๐ผ๐ป ๐๏ฟฝ๐ฒ๐ป๐ถ๐๐ถ๐ฒ๐:
24/7 Security patrol/guard
Basketball court
Club House
Parks and Playground
๐๐๐๐ฒ๐ฟ ๐๐ถ๐น๐น ๐๐ต๐ผ๐๐น๐ฑ๐ฒ๐ฟ ๐๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ ๐๐ฎ๐ ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ผ๐๐ต๐ฒ๐ฟ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฐ๐ต๐ฎ๐ฟ๐ด๐ฒ๐
B0186RRRL
For Inquiries:
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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