17 Bedroom Apartment for sale in Kamagayan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$619,469
35,000,000 PHP
PROPERTY TYPE
Condo
BEDROOMS
17
BATHROOMS
1
Description
Apartment Building for Sale in Cebu City Near Universities
Own a prime apartment building for sale in Cebu City near major universities, strategically located at Pantaleon del Rosario Street corner P. Cui Street—one of the most in-demand rental areas for students and professionals.
This property is a high-performing investment opportunity, offering 17 rental units with strong occupancy potential due to its proximity to top schools and commercial establishments.
Property Details:
Price: ₱35,000,000 (Negotiable)
Location: Pantaleon del Rosario St. corner P. Cui St., Cebu City
Lot Area: 200 sqm
Floors: 2 Floors + 4th Floor Level
Parking: 2 Car Spaces
Title: Clean Title
Building
Features:
17 Apartment Rooms (Income-generating units)
2 Residential Bedrooms
1 Stockroom
Functional and well-maintained layout
Ready for rental operations
Investment
Highlights:
✔ Located in a high-demand rental area in Cebu City
✔ Walking distance to major universities
✔ Ideal for boarding house or apartment rental business
✔ Strong and stable income potential
✔ Corner property with excellent
accessibility
Nearby Landmarks &
Accessibility:
2–5 minutes – University of San Carlos (USC)
3–6 minutes – University of Cebu (UC)
5–7 minutes – University of the Visayas (UV)
5 minutes – Restaurants & Convenience Stores
5–10 minutes – Banks & Commercial Areas
10–15 minutes – Hospitals
15–20 minutes – Cebu IT Park
✔ Easily accessible via public
transportation
✔ Surrounded by commercial establishments and residential communities
Why Invest in This Property?
✔ Proven income-generating asset
✔ Prime
location with consistent tenant demand
✔ Clean title – ready for transfer
✔ Excellent ROI potential in Cebu City 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
Jude Embrado/Cebudreaminvestment
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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