2 Bedroom Condo for Sale or Rent in The Alcoves, Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$619,469
35,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
Location: The Alcoves, Cebu Business Park-Ayala, Cebu City
Unit Details:
• Type: Grand Corner Suite
•
Floor Area: 144 sqm
• Bedrooms: 2
• Fully Furnished: Yes
• Water Heaters: Installed
For Rent:
• Monthly Rent: ₱150,000 (net of dues)
For Sale:
• Price: ₱35,000,000.00
Unit
Features:
• Spacious Living Area: Elegantly designed with high-end furniture and fixtures, perfect for relaxation and entertainment.
• Modern Kitchen: Fully equipped with top-of-the-line appliances, ample storage, and sleek countertops.
• Master Bedroom: Luxuriously furnished with an en-suite bathroom and stunning views of the city.
• Second Bedroom: Well-appointed with comfortable furnishings and ample closet space.
• Bathrooms: Modern design with quality fixtures and water heaters for added comfort.
• Balcony: Enjoy breathtaking views from the corner suite's private balcony.
Building
Amenities:
• Swimming Pool: Refreshing outdoor pool area for residents.
• Fitness Center: Fully equipped gym with state-of-the-art equipment.
• Function Rooms: Available for private events and gatherings.
• Children’s Play Area: Safe and fun environment for kids.
• Landscaped Gardens: Beautifully designed outdoor spaces for relaxation.
• 24/7 Security: Advanced security systems and professional staff ensuring safety and peace of mind.
• High-Speed Elevators: Efficient and reliable elevators serving all floors.
• Backup Power Supply: Uninterrupted power with backup generators.
Location Benefits:
• Prime
Location: Situated in the heart of Cebu Business Park, Ayala, providing easy access to shopping centers, business offices, healthcare facilities, and educational institutions.
• Convenience: Close proximity to Ayala Center Cebu, offering a variety of dining, retail, and entertainment options.
Experience luxury living in this grand corner suite at The Alcoves, Cebu Business Park-Ayala. Fully furnished and equipped with all modern amenities, this spacious 2-bedroom unit offers a comfortable and stylish home in one of Cebu’s most prestigious locations. Whether you're looking to rent or buy, this property provides an exceptional opportunity. Contact us today to schedule a viewing or for more information. 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
Fareast Habitat and Settlements. Inc.
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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