2 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$318,584
18,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
Two bedrooms beach condo in 5th floor facing ocean, master bedroom with toilet & bath, second bedroom, 1 common toilet & bath, living area, kitchen & dining area, maid‘s room with t&b, service & utility area, lanai, and big common balcony. Net of taxes.
This beachfront villa occupies a prime position on one of the most desirable beachfront parcels on the tropical island of Cebu, in close proximity to upscale resorts. Situated within an exclusive residential and resort community in Cebu, this development enjoys a strategic location, with convenient access to essential amenities, the international airport, and a lifestyle beyond compare.
Nestled at the tip of Mactan Island, this secluded and private estate is the preferred residence for those seeking peace and luxury, truly setting itself apart from the rest. This complex is perfect for individuals seeking an escape from the daily grind, where they can relish the refreshing ocean breeze and savor a tranquil beachside lifestyle.
Here, you can expect endless leisure --- explore the vibrant marine life with snorkeling and diving adventures, or simply stroll along the pristine beachfront at your doorstep. Adding to that is the airy residences where thoughtfully-designed suites and residences provide spacious living areas and modern comforts, ensuring your family's utmost comfort and enjoyment.
Unit owners can enjoy the following
amenities:
Clubhouse
Dry Dock & Boat Park (up to 35' boats)
Private Island and Lagoon
Landscaped Garden Area & Beachfront Park & Garden
Separate Men’s and Ladies' Locker Room with massage room/service
Beach Facilities/Cabanas/Sundecks
Boat Ramp/Slipway
Saltwater Swimming Pool
Freshwater Swimming Pool and Whirlpool Spa 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
MDC REALTY & BROKERAGE
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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