2 Bedroom Condo for sale in Tipolo, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$412,869
23,327,123 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
MANDANI BAY QUAY
North Reclamation Area, Mandaue City
Mandani Bay is a premium mixed-use development in Mandaue City. It occupies a waterfront site of approximately 20 hectares with a prominent
location between Mactan Island the home of Cebu International Airport and Cebu Business Park. The project will be developed in phases over more than 10 years.
It mirrors the splendor of the Sydney Harbour in Australia, the Marina Bay in Singapore, and Victoria Harbour in Hong Kong.
AMENITIES OF MANDANI BAY
Feature Pavilion
25-meter Lap Pool
Pool Terrace
Aqua Deck
Fountain
Barbecue Pit
Outdoor Lounge
Outdoor Showers
Kids’ Pool
Water Feature
Clubhouse
Outdoor Reading Garden
Outdoor Fitness
Facilities
Playground
Yoga Deck
Gym
COMMON AREAS and
FEATURES OF MANDANI BAY
GROUND FLOOR
Reception Area
Lounge Area
Common M/F Restroom
Mail Room
Property Management Office
Central Garbage Collection Area
RESIDENTIAL FLOORS
Naturally Ventilated Corridors
Provision for Garbage Collection on Every Floor
LIFTS
4 Cars per Tower
3 for Passengers, 1 for Passengers/Service
CCTV
Ground Floor Lobby
Lift Cars
Amenities Area
Parking Entrance
Retail Area Perimeter
PARKING
Card System Entry
Separate Access for Residential and Commercial Parking
TOWER 3
UNIT DETAILS:
Semi-furnished
Floor/Unit: 3131
View: Amenity
Unit Area: 81.78 sqm
With balcony
2- Toilet and Bath
TOTAL PURCHASE PRICE: 23,327,123.00
20% Down payment/Equity: 4,665,424.00
Reservation Fee: 100,000.00
Monthly Down payment/Equity: 95,113.00 in 48 months
80% Remaining Balance thru Bank Financing
Loanable Amount: 18,661,699.00
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
Marie Ann Maguddayao
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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