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Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu

Cebu, Philippines

Guide Price

$134,646

7,607,520 PHP

PROPERTY TYPE

condo

BEDROOMS

1

BATHROOMS

1

Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 2
Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 3
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Description

The Wave - IT Park

Rooted in Japan, Rising From Cebu

A partnership between the leading developer in VISMIN Cebu Landmasters and a renowned Japanese Global Developer NTT UD Asia PTE Limited

Location

Rising within Cebu I.T. Park, The Wave Towers stands at the center of one of Cebu’s most dynamic business and lifestyle hubs — offering seamless connectivity to top-tier offices, retail destinations, and premier urban conveniences.

220 m from Ayala Central. Bloc

1.1 km from Cebu Country Club

1.3 km from Banilad Town Centre

2.7 km from Ayala Center Cebu

2.1 km from University of Cebu Banilad

3.1 km from SM City Cebu

3.1 km from Chong Hua Hospital

3.2 km from Redemptorist Church

3.6 km from Cebu Doctor’s Hospital

3.5 km from Perpetual Succor Hospital of Cebu

5.9 km from Seaport

11.7 km from Mactan - Cebu International Airport

Location : IT Park, Cebu City

Towers : 2

Phase 1 : Tower 1 (Nagomi Tower), Retail Podium

Phase 2 : Tower 2 (Future Development)

GFA : 68,738 sqm

Lot Area : 5,828 sqm

The Master Plan

Phase 1

Tower 1: NAGOMI

Residential Tower

709 Units

40-Storey Condo

35 Residential Floors

COMMERCIAL: THE PODIUM

Phase 2

Tower 2: FOR FUTURE DEVELOPMENT

Building

Features:

- 40- Storey Residential Condo

- Podium and Basement Parking

- Panoramic Views

- Japanese Inspired

Amenities

- 100% Back up Power

- 1.50m to 1.80m width Hallways

- 5 Elevators

- Retail component with dedicated Parking and Elevator

6th Floor

Amenities:

- Function Hall

- Theater Room

- Swimming Pool

- Sauna & Spa

- Japanese Garden

- Lounge Hall

- Kids Room

- Fitness Gym

- Library Lounge

- Kid’s Indoor & Outdoor Area

- Lap Pool (385 sqm)

- Lounge Pool (45 sqm)

- Kid’s Pool (26 sqm)

- SPA Pavilion

- Indoor Sauna

- Japanese Garden Chapel

- Prayer Pavilion

37th Floor

Amenities:

- Fitness Gym

- Library Lounge

Unit Type Size (SQM) Indicative Price (PHP)

Studio 24-30 7.6M to 9.5M

1BR Jr 38 11.4M

1BR 48-58 15.7M to 17.7M

2BR Jr 67-71 20.2M to 22.9M

2BR 76-97 24.6M to 30.8M

3BR 103-125 33.2M to 40.3M

3BR (bi-level) 137-182 43.9M to 58.3M

Unit

Features:

- Painted walls, partitions, and ceilings

- Tiled dwelling areas and luxury vinyl tile flooring in the bedrooms

- Tiled Toilet & Bath with complete Bathroom Fixtures and shower glass enclosure

- Kitchen sink with top and base cabinets plus a built-in shoe cabinet for added storage.

- Wardrobe for units 1 Bedroom and above

- Units also include a rangehood, intercom system, and smart lockset

- Split-type air conditioning system and a fire detection and suppression system.

- Provisions for a washer/dryer, Water heater, CATV

- Data connectivity are also in place, ensuring both comfort and convenience for every resident.

WEB REF. # 75881176 Telephone number: View Phone

Location

Open in Google Maps

Living 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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

SHOUJIKI REALTY

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP