44 Bedroom House for sale in Banilad, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$1,061,947
60,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
44
BATHROOMS
4
Description
Nestled in a prestigious gated subdivision in Banilad, this two-story contemporary home offers the perfect blend of modern elegance and comfort. With 24/7 security, roving guards, and CCTV, you can enjoy peace of mind in a secure and well-maintained community. Spanning 510 square meters, this fully furnished home is designed with high-end, custom-fitted furniture that enhances its sophisticated interiors. The open-plan living and dining area creates a seamless flow, complemented by a fitted kitchen that is both stylish and functional. A guest bedroom with an en-suite and a dedicated office room are conveniently located on the ground floor, offering flexibility for both work and relaxation.
Upstairs, the home
features three spacious bedrooms, each with its own en-suite bathroom, ensuring privacy and comfort for the whole family. A large balcony on the second floor provides a perfect space for entertaining guests or simply enjoying the fresh air. Outside, a private swimming pool and a sprawling garden offer a serene escape, ideal for relaxation and outdoor gatherings. Additionally, a separate service/utility area with an en-suite and kitchen provides added convenience for household staff or extra storage.
Completing this stunning home is a two-car garage, ensuring secure parking for your vehicles. Available for sale or rent, with select furniture to be removed, this property presents a rare opportunity to live in one of Banilad’s most sought-after communities. Don’t miss the chance to experience luxury, security, and comfort all in one home—schedule a viewing today! 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
1st Cebu Homes Property Management & Realty Corp.
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