3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$761,062
43,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
� LUXURY PENTHOUSE CONDOMINIUM FOR SALE
Avalon Residences | Cebu Business Park, Cebu City
PRIVATE SAUNA • 2 PRIVATE TERRACES • FULLY FURNISHED • WITH 2 PARKING SLOTS
Avalon Condominium, Cebu Business Park, Cebu City, Philippines
� A premier luxury address beside Ayala Center Cebu
Elevated Urban Living at Its Finest
Experience world-class luxury living in this exclusive penthouse condominium for sale at Avalon Residences, located in the heart of Cebu Business Park—Cebu’s most prestigious financial and lifestyle district.
This rare penthouse offers expansive interiors, refined finishes, and resort-level
features including a private in-unit sauna and two outdoor terraces, making it ideal for executives, expatriates, diplomats, and high-net-worth buyers seeking privacy, prestige, and investment security.
� Penthouse
Property Details
Total
Floor Area: 259 sqm
≈ 2,788 sq ft
Bedrooms: 3 large bedrooms
Bathrooms: 4 luxury toilet & bath
Private Terraces: 2 exclusive outdoor spaces
Private Sauna: ✔ Included (extremely rare)
Parking: 2 dedicated car slots INCLUDED
Furnishing: Fully furnished with SMEG premium appliances
Selling Price
₱43,000,000
A prime opportunity to own a luxury penthouse condominium in Cebu Business Park with strong rental demand and long-term capital appreciation.
Why This Penthouse Condominium Stands Out
✔ Rare private sauna inside the condominium unit
✔ Expansive 2,788 sq ft penthouse layout
✔ Two (2) private terraces for outdoor living & entertaining
✔ High-end finishes with SMEG luxury appliances
✔ Walking distance to Ayala Center Cebu
✔ Highly desirable for executive leasing & expatriate housing
✔ Strong resale and investment value in Cebu’s top CBD
Avalon Condominium – Premium Resident
Amenities
� Swimming Pool
� Fully Equipped Fitness Center
� Function & Event Rooms
� 24/7 Security & CCTV Monitoring
� Grand Lobby with Concierge Services
A secure, elegant, and professionally managed luxury condominium community.
Ideal For
Luxury End-Users
� Expatriate & Diplomatic Residences
Corporate & Executive Leasing
� High-End Real Estate Investors
� Rare Penthouse Condominium – Limited Availability
Penthouse condominium units in Avalon Cebu Business Park are extremely limited and rarely offered for sale. This is a high-demand trophy property in one of Cebu’s most exclusive locations.
� Schedule a Private Viewing Today
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Disclaimer:
All prices, availability, measurements, furnishings, and USD conversions are approximate and subject to change without prior notice.
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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