2 Bedroom Condo for sale in Central (Pob.), Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$185,841
10,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
� For Sale: 2-Bedroom Condo at Avida Riala, Cebu I.T. Park
Experience the vibrant city lifestyle in one of Cebu’s most sought-after business and lifestyle hubs—Avida Riala in I.T. Park, Cebu City. Perfect for professionals, families, or investors, this 2-bedroom condo offers modern living with unbeatable accessibility.
Property Details
Location: Avida Riala Tower 2, I.T. Park, Cebu City
Floor: 16th Floor
�
Floor Area: 56.82 sqm (≈ 611 sq.ft.)
� 2 Bedrooms
� 2 Bathrooms
Why Choose This Property?
Prime
Location: Live in Cebu I.T. Park—home to BPO companies, dining destinations, and lifestyle hubs.
Turnkey Living: Enjoy modern convenience in a safe, well-managed condominium.
Smart Investment: Strong rental demand from expats, professionals, and students makes this a secure investment opportunity.
�
Nearby Establishments (All Within Walking Distance!)
� Merry Mart Grocery at Avida Entrance
Chill Lounge Laundry Service at Avida Entrance
� 7-Eleven just across the street
Ayala Central Bloc Mall (2 blocks away)
� Cebu Mercardo, Cafés & Restaurants within minutes
�♂ World-Class
Amenities
Adult & Children’s Swimming Pools
Children’s Play Area
Clubhouse & Function Hall
Pocket Gardens & Open Spaces
Investment Details
Price: ₱10.5M (≈ $186,000 USD)
(Prices subject to change; conversion based on current exchange rates)
Lifestyle & Investment Potential
Owning a condo at Avida Riala means more than just a home—it’s
about living in the heart of Cebu City, with everything you need just steps away. Whether you’re buying for your own use or as a rental property, this unit offers strong appreciation value and a consistent rental market due to its prime
location in I.T. Park.
� Disclaimer: Property details, pricing, and availability are subject to change without prior notice. USD conversion is approximate and based on prevailing rates. 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
PH PRO REALTY
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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