27 Bedroom House for sale in Santiago, Cebu, San Francisco, Cebu
Cebu, Philippines
Guide Price
$1,026,549
58,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
27
BATHROOMS
27
Description
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This Beach Resort with Luxury 2 Story Villa, Camotes Islands, Cebu, is available under a rent-to-own option. The price is 58M PHP, with a 50% down payment and the remaining 50% payable over 5 years.
So the down payment is 29M PHP, and the remaining 29M PHP is payable over two years in 24 monthly installments.
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Listed at an attractive
selling price of 65M, this stunning beach resort radiates elegance and class. Sprawling over a lot area of 698 sqm and offering an impressive
floor area of 760 sqm, this resort stands as a symbol of refined hospitality.
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Strategically located in the serene landscape of Beach on Camotes Island, Cebu, Philippines, this property is a jewel nestled amidst the natural splendors of the region.
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Accommodation with 27 lovely bedrooms and an equivalent number of well-appointed bathrooms to provide a comfortable stay for guests. With the capacity to host more than 100 guests, this resort ensures a significant revenue stream for its new owner.
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The rooms are categorized into four types to cater to different needs โ the Family room for four guests, the intimate Deluxe Room for two, the Barkada Room, and the Fan Room. Each space has been thoughtfully designed to create a warm, welcoming atmosphere.
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An elevated dining area on the second floor and various spaces for special events enhance the propertyโs appeal. Just steps away from the shoreline, the seating area presents an unobstructed view of the beach and a mesmerizing sunset, creating a tranquil setting.
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The soothing sounds of waves lapping against the shore and the comforting, salty breeze craft a relaxing atmosphere โ an ideal escape from the hustle and bustle of daily life.
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As an added bonus, the resort comes fully furnished and is already operating to accommodate tourists. The sale includes complete documents, an updated tax declaration, yearly tax receipts, and a business permit.
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This is not just a property, but an exceptional business opportunity offering a promising income. Donโt let this chance to own a piece of paradise pass you by! 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) 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
Inmar Advertising & Marketing
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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