1 Bedroom Hotel / Resort for sale in Maribago, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$538,053
30,400,000 PHP
PROPERTY TYPE
hotel
BEDROOMS
1
BATHROOMS
1
Description
Presenting Jpark Island Resort & Waterpark, Cebu: your dream vacation, your smart investment.
Own a condotel in a premier resort. Enjoy your very own resort hotel with condominium features!
Within its 16.6-hectare expanse, you’ll find 820 rooms (but only 320 rooms are available for sale), villas and suites, 7 themed pools, 10 dining outlets, a casino, an activity zone, a dive shop, and a private beach. The
highlights of the sprawling water complex include 3 towering waterslides, a lazy river pool, and a pool with beach-like shoreline.
The Jpark Island Pororo Park awaits kids and kids-at-heart for exciting indoor fun and is equipped with many activities, such as an inflated giant slide, sliding cars, virtual reality (VR) rides, and more.
Jpark Island Resort & Waterpark Cebu also caters to intimate, grand events with its abundant venues, but the cherry on top is its entertainment activities, including marine sports like jet skiing, parasailing, banana boating, and more; go-kart biking along the green parks; miniature golf; giant chess; and other activities that will surely make you live at its cozy units or come back from time-to-time.
Restaurants feature around-the-globe dining options: Ching Hai is packed with Chinese favorites; Nonki has mouthwatering Japanese cuisines; The Abalone offers a vast array of international menu options; and there are many more restaurants to choose from.
Jpark Island Resort & Waterpark Mactan Cebu
M.L. Quezon National Highway, Maribago, Lapu-Lapu City, Cebu
Located 11km from Mactan Cebu International Airport
Ready for Occupancy (RFO)
Hassle-free investment (less hassle from manual tenant management and monitoring)
Existing hotel operations with 5-star accommodation
10-day annual staycation nights / 10 free nights per year
With Condominium Certificate of Title (CCT)
Collect rental income immediately
Guaranteed income annually (1st-2nd year: 7% guaranteed income, 3rd year onwards: 5% guaranteed income)
Optional buyback on the 10th year plus 20% premium
Units Available for Occupancy:
Mactan Suite (76 sqm, Php 30.4M) perfect for small families or intimate staycations
Pororo Suite (76 sqm, Php 30.4M) perfect for small families or intimate staycations
Private Villa (81.5 sqm, Php 32.6M) in close proximity to the pool
Cebu Suite (110 sqm, Php 44.4M)
Pool Villa (112.65 sqm, Php 45M)
Family Private Villa (146sqm, Php 58.1M) if you want an opulent stay
Pool Villa Family (282.05 sqm, Php 112.8M) in close proximity to the pool
Price range: Php 30,400,000 - Php 112,800,000 (net of taxes)
Take the first step to luxury living now. Invest at the Jpark Island Resort Condotel and earn a piece of your own paradise.
Contact us 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
27C 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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