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
We are excited to introduce The Wave Towers, the newest premier development at the heart of IT Park, Cebu. This landmark project is a collaboration between Cebu Landmasters Inc, the leading developer of Visayas and Mindanao and global Japanese developer NTT UD Asia.
๐ฅ๐ถ๐๐ถ๐ป๐ด ๐ถ๐ป ๐๐ฒ๐ฏ๐, ๐ฅ๐ผ๐ผ๐๐ฒ๐ฑ ๐ถ๐ป ๐๐ฎ๐ฝ๐ฎ๐ป.
A proud collaboration between Cebu Landmasters, the leading developer in VisMin, and NTT Urban Development Corporation (NTTUD), a renowned Japanese developer.
๐ช๐ฒ๐น๐ฐ๐ผ๏ฟฝ๐ฒ ๐๐ผ ๐ ๐ก๐ฒ๐ ๐ช๐ฎ๐๐ฒ ๐ผ๐ณ ๐๐ถ๐๐ถ๐ป๐ด!
Introducing The Wave Towers โ a refined fusion of timeless Japanese aesthetics and heartfelt Filipino warmth.
Strategically located in Cebu IT Park, this landmark development is set to launch in 2025.
The Wave promises to offer an elevated lifestyle defined by innovation, elegance, and world-class design. It isnt just a place to live, it's a statement of progress, sophistication, and global standards right at the heart of Cebu.
Now accepting Letter Of Intent. Kindly contact us for a copy.
Pet-friendly community
24-31sqms PHP7.6M to 10.5M
Unit
Inclusions:
Painted walls, Partitions and Ceilings
Tiled Dwelling areas and luxury vinyl
flooring at bedrooms
Tiled bathrooms, complete fixtures with glass enclosures
Kitchen sink with cook top and base cabinets, built-shoe cabinet
Wardrobe for 1BR and Up
Rangehood, Intercom system, smart lockset and Split-type AC
Fire Detection and Suppression System
Provision for Wash & Dry, Water Heater, CATV
For inquiries and LOI, please contact:
Gregor Pausanos
PRC Real Estate Broker Lic. No. 0005300
View Phone
View Phone
(Viber, WhatsApp, WeChat, Telegram)
Request details
Christie Dagatan Pausanos
PRC Real Estate Broker Lic. No. 5311
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) 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
Cebu Invest Realty Services, 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 โ the complete pre-move checklist.
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