House for sale in Guadalupe, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$442,478
25,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
1
BATHROOMS
1
Description
๐ฅ๐จ๐ฆ๐ ๐ฆ๐๐๐! โ ๐๐ข๐ฅ๐ ๐๐ฅ ๐ ๐ข๐๐๐ ๐จ๐ก๐๐ง
Originally priced at โฑ40M, then reduced to โฑ30M, and now offered at only โฑ25M due to urgent funding needs.
This property, once the model unit, is in excellent condition and was built with premium materials and top-quality finishes. Located in the highly desirable Banawa area near Paseo Arcenas, it comes fully furnishedโa rare combination of value, location, and quality.
An exceptional opportunity you shouldnโt miss.
**
๐ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ข๐ง๐ ๐ฅ๐ ๐๐ญ๐ญ๐๐๐ก๐๐ ๐๐จ๐ฎ๐ฌ๐ ๐ ๐จ๐ซ ๐๐๐ฅ๐ ๐๐๐๐ซ ๐๐๐ฌ๐๐จ ๐๐ซ๐๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐๐ฎ ๐๐ข๐ญ๐ฒ
Location: Duterte Street, Banawa, Cebu City
**
House Details:
Lot area: 217 sqm
Floor area: 190 sqm
1-Master Bedroom with ensuite Toilet & Bath
2-Bedroom
1-Maid's Qtr with Toilet
1-Common Toilet & Bath
1-Powder room
2-3 Car Garage
**
Flood-free area
24/7 Security
Conveniently located walking distance to Paseo Arcenas, SuperMetro Market, McDonald, Ettas and other commercial establishments
A few minutes ride to Cebu business districts, Downtown and Midtown.
A few minutes ride to Cebu International SeaPort and Airport.
**
Ready for Occupancy
Clean title and updated documents
Cash Buyer or Bank Financing
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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Jude Embrado/Cebudreaminvestment
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 โ the complete pre-move checklist.
DotProperty.com.ph
PHP