1 Bedroom Condo for sale in Mivesa Garden Residences, Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$79,646
4,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Mivesa Garden Residences condo unit is located in Cebu City. This unique unit combines two studio units into one bedroom, providing a spacious living space of 40 sq meters. The unit is currently unfurnished, allowing you to customize the interior to your liking.
Priced at just 4.5 million pesos, this unit offers an affordable investment opportunity for anyone looking for a comfortable and functional living space in a prime location. Mivesa Garden Residences is a premier residential development in Cebu City, offering a range of
amenities such as a swimming pool, gym, and 24-hour security.
The unit's unique design and spacious living area make it a perfect home for families or individuals looking for a comfortable living space in a prime location. Plus, its proximity to key establishments such as shopping centers and restaurants makes it a convenient choice for those looking for an accessible location.
Key
features and benefits:
- Two studio units fused into one bedroom
- Spacious 40 sq meter living space
- Unfurnished, allowing for customization
- Affordable price point of 4.5 million pesos
- Located in Mivesa Garden Residences with access to
amenities and 24-hour security
Don't miss out on the chance to own this unique and affordable condo unit in Mivesa Garden Residences. Contact us today 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) — 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
Doc Gertrude 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.
DotProperty.com.ph
PHP