House for sale in Babag, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$115,044
6,500,000 PHP
PROPERTY TYPE
house
BEDROOMS
1
BATHROOMS
2
Description
House & Lot for Sale β Duplex Corner Unit in Park Place, Pueblo de Oro
Babag, Lapu-Lapu City
Own a strategically located home in Park Place (Phase 1), Pueblo de Oro, one of Lapu-Lapu Cityβs most established and desirable residential communities.
This corner duplex unit is uniquely positioned just behind the main entrance and guardhouse, offering superior accessibility, added security, and everyday convenience β a rare find in the subdivision.
Price: β±6,500,000
οΏ½ Financing Options:
β Bank Financing
β Pag-IBIG Financing
Location
Advantages:
οΏ½ Right behind main entrance / guardhouse β easy access, added security
οΏ½ Near CCLEX Cordova β fast connection to Cebu City
οΏ½ 1 ride to SM Seaside Cebu
οΏ½ Close to resorts, beaches, and hotels
οΏ½ Near wet market, commercial areas, and daily essentials
β Accessible to Mactan-Cebu International Airport
Property Details:
2-Storey Duplex (Corner Unit)
Lot Area: 108 sqm
Floor Area: approx. 65 sqm
2 Toilet & Bath
Living, Dining & Kitchen Area
Carport
Base unit β expandable up to 5 rooms
With rooftop potential (great for deck or rental use)
οΏ½ Community
Features:
Gated subdivision with 24/7 security
Guardhouse and controlled entry
Wide concrete roads
Clubhouse
Basketball court
Childrenβs playground
Peaceful and family-friendly environment
οΏ½ Why This Property Stands Out:
β Corner unit β better ventilation, more natural light, more space
β Near entrance β less inner traffic, faster entry/exit
β High expansion potential β ideal for growing families or investors
β Great rental or Airbnb potential due to
location
Perfect For:
Families looking for a secure and accessible home
Investors seeking a property with expansion and rental potential
Buyers who want proximity to both city and resort living
Message now to schedule a viewing! 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β yours.
Contact Agent
Broker Junie Alon, CPA, REB
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 β the complete pre-move checklist.
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