1 Bedroom Condo for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$84,956
4,800,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Executive Studio Condo for sale in Mactan Newtown, Lapu-lapu City, Cebu
With Balcony & Bathtub | Walking Distance to the Beach.
Own a fully furnished executive studio in one of Cebu’s top beachside communities. Perfect as a vacation home, Airbnb investment, or personal retreat—with a great view and hotel-style comfort.
Asking Price: ₱4.8M net of taxes & fees
Taxes & transfer fees for buyer’s account
Preferred Payment: Cash
Unit Details:
Project: 8 Newtown Boulevard, Mactan Newtown
Layout: Executive Studio (Convertible to 1-Bedroom/with partition)
Floor Area: 38.70 sqm
Floor Level: 16th Floor
Balcony with great view
Bathtub
Fully Furnished
Unit
Inclusions:
Split-type air-conditioning
Bed
Dining table & chairs
Sofa
TV
Refrigerator
Microwave oven
Electric stove
Closet
Toilet & bath with hot & cold shower
Bathtub
Washer & dryer
Why This Unit?
- Walking distance to the beach
- High rental demand area
- Ideal for short-term and long-term leasing
Located in a master-planned township
Message us now to schedule a unit viewing or for more details.
Limited
units available—don’t miss this opportunity!
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
ELAINE EBCAS
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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