2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$194,690
11,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
For Sale: 2-Bedroom Condo in Avida Towers Riala, Cebu IT Park | ₱11M (~USD 193,000)
Prime
Location – Cebu IT Park, Cebu City, Philippines
Experience the perfect blend of modern city living and smart investing with this brand-new, ready-for-occupancy 2-bedroom condominium at Avida Towers Riala Tower 4. Perched on the 27th floor, this residence offers panoramic skyline views, a spacious 57.10 sqm (≈ 615 sq. ft.) layout, and direct access to Cebu’s most dynamic business and lifestyle district—Cebu IT Park.
Exclusive Deal You Can’t Miss
Developer’s Price: ₱14M+ (~USD 246,000)
Asking Price: ₱11M (~USD 193,000)
Save Over ₱3M (~USD 53,000)!
Property
Features
Floor Area: 57.10 sqm (≈ 615 sq. ft.)
Bedrooms: 2 spacious bedrooms
Floor Level: 27th floor with breathtaking city views
Condition: Brand-new, ready for occupancy
� World-Class
Amenities
Adult & Kiddie Swimming Pools
Children’s Play Area
Clubhouse & Function Hall
Landscaped Pocket Gardens & Open Spaces
Prime
Location – Right in Cebu IT Park
Living in Avida Riala means enjoying a walkable lifestyle with everything just steps away:
Business Hubs: JP Morgan, Accenture, Teleperformance, TGU, Mabuhay Tower, HM Tower
Shopping & Lifestyle: Ayala Malls Central Bloc, The Walk, Park Centrale, SM City Cebu, Ayala Business Park
Leisure: Cebu Country Club, Off-roads Café, lifestyle dining spots
Education & Work: USC Talamban Campus, UC Banilad, QQ English
Transport: Easy access to major terminals
Why This is a Smart Investment
✔ Unbeatable
Location – Cebu IT Park is the city’s premier business & lifestyle hub
✔ High Rental Yield – ideal for investors targeting expats and BPO professionals
✔ Lifestyle Upgrade – perfect for young professionals, expats, or families seeking urban convenience
✔ Strong Capital Growth – Cebu’s condo market continues to rise with strong international and local demand
� Contact us today to schedule a private viewing or get more details. Own a piece of Cebu’s most sought-after real estate!
Disclaimer: All property details, availability, and pricing are subject to change without prior notice. 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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