1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$134,513
7,600,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐๐ก๐ ๐๐๐ฏ๐ ๐๐จ๐ฐ๐๐ซ๐ฌ: ๐ ๐๐๐ฐ ๐๐ค๐ฒ๐ฌ๐๐ซ๐๐ฉ๐๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐๐ฎ ๐๐ ๐๐๐ซ๐ค
The ๐๐๐ฏ๐ ๐๐จ๐ฐ๐๐ซ๐ฌ is the newest premier landmark rising in the heart of ๐๐๐๐ฎ ๐.๐. ๐๐๐ซ๐ค โ a transformative collaboration between Cebu Landmasters Inc., the leading real estate developer in Visayas and Mindanao, and NTT UD Asia, a globally renowned Japanese developer. This world-class development fuses Japanese minimalist aesthetics and Filipino hospitality, offering a refined residential experience that redefines urban living in Cebu.
๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
- Price Range: Starting at โฑ7.6M
-
Location: Cebu IT Park, Lahug, Cebu City
- Target Launch: Q2 2025
- Total Number of Units: 708 Units
- Unit Types: Studio, One Bedroom, Two Bedroom, Three Bedroom
๐๐ฆ๐๐ง๐ข๐ญ๐ข๐๐ฌ
Enjoy thoughtfully designed
amenities that reflect a calm, elegant, and family-friendly lifestyle:
- Function Hall
- Theater Room
- Swimming Pool
- Sauna & Spa
- Fully Equipped Fitness Gym
- Japanese Garden
- Prayer Pavilion
- Reading Nooks
- Kids Play Areas
- Lounge Hall & Lounge Lawn
- Retail Podium โ The Podium at The Wave Towers
Reserve your units now!
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
Win Cruz
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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