3 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$1,292,035
73,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
� For Sale: 3-Bedroom Semi-Penthouse at IPI Center by Rockwell – Cebu City, Philippines
Live Elevated in Cebu’s Premier Urban Community
Step into refined luxury with this 224 sqm (2,411 sq. ft.) Semi-Penthouse Unit at IPI Center by Rockwell—a rare blend of elegance, comfort, and convenience located in the heart of Cebu City.
Price: ₱73,000,000 (Approx. $1.26 Million USD)
Address: Pope John Paul II Avenue, Cebu City – Former IPI Factory Site
� The Rockwell Promise: Sophistication, Space & Serenity in the City
IPI Center by Rockwell is a master-planned, 2.85-hectare lifestyle community offering a complete urban experience. With 75% open space, a 61-storey residential tower, two premium office buildings, and a curated retail strip, it delivers a seamless blend of upscale living, work, and leisure.
� Unit Options Available for Every Lifestyle:
Studio Units: 34 sqm – Starting at ₱10M
1-Bedroom Units: 39–65 sqm – ₱11M to ₱20M
2-Bedroom Units: 104 sqm – Starting at ₱31M
3-Bedroom Semi-Penthouse: 224 sqm – Starting at ₱73M
3-Bedroom Penthouse: 277 sqm – Starting at ₱96M
Parking: Ground, Basement 1 & 2 – ₱1.65M per slot
Why Choose the Semi-Penthouse at IPI Center?
Expansive Living Space: 224 sqm of well-designed interiors with panoramic views of the city
Rare Urban Luxury: Limited inventory in Rockwell’s landmark Cebu project
Prime
Location: Walkable to Cebu Business Park, Ayala Center Cebu, top hospitals, and schools
Prestige & Privacy: Low-density, high-rise living with Rockwell's signature service and security
Investment Value: High appreciation and rental yield potential in Cebu’s most in-demand neighborhood
Sustainable Community: Designed with open green spaces and lifestyle conveniences integrated into one vibrant hub
Live, Work & Thrive in One Address
Whether you’re looking for a stylish family residence, a second home, or a premium investment property, the Semi-Penthouse unit at IPI Center by Rockwell delivers on all fronts: location, design, exclusivity, and value.
Inquire Today to Schedule a Private Viewing
Don't miss the opportunity to own a rare luxury residence in one of the Philippines' fastest-growing cities.
Disclaimer: All property prices, availability, and details are subject to change without prior notice. USD conversion is approximate and may vary based on current exchange 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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