1 Bedroom Condo for sale in Mabolo, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$398,701
22,526,623 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
For Sale Elegant Condominium at LinColn Tower IPI Center Mabolo Cebu City “for inquiry call 0945-140-----”
ELEGANT ONE BEDROOM UNIT:
Tower: LinColn Tower at IPI
Unit Number: LinC-35 Floor
Orientation: Facing North-East
Master Bedroom Area: 15 sq.m
Dining and Dining Area: 31 sq.m
Kitchen: 8 SQ.M.
Toilet and Bathroom Area: 5 sq.m
Balcony: 4 SQ.M.
Total
Floor Area: 63 sq.m / 678 sq. ft
Total Contract Price: Php22,526,623.00
UNIT
INCLUSIONS:
Samsung Aircon
1 Door Refrigerator (Smeg)
Oven (Smeg)
Cooktop and Range hood
Kitchen Cabinets
Bedroom Closet
Bathroom Fixtures
1 Parking (12.5 Meters)
MODE OF PAYMENT:
Reservation Fee PHP 100,000 to hold the unit
Option1: Cash
Payment 5% discount within 15 days from Reservation Fee
Option2: Terms Monthly Amortization at 0% Interest
10% Down-payment 2,152,662 within 15 days from Reservation Fee
OPTION 1 (Straight Monthly Amortization) 20% Monthly Amortization for 57 months 79,041 First monthly within 15 days from
DP OPTION 2 (Amortization with Lumpsum every 11 months) 10% Monthly Amortization for 57 months 39,520 First monthly within 15 days from DP 10% Lumpsum on Month 11, 22, 33, 44, 55 450,532 every 11 months
70% Upon Turnover 15,768,636 April 202
AMENITIES:
Library
Fitness Gym
Function Rooms
Swimming Pools
Retails spaces
BUILDING
FEATURES:
Seven high-speed elevators; 6 Passenger and 1 Service.
Automatic fire alarm, fire detection and sprinkler system
100% back-up power on all common areas and residential units.
Security system with electronic access control.
Closed-circuit TV (CCTV) monitoring
Basement parking equipped with ventilation system.
Fiber-to-the-home (FTTH) provision
Exclusive drop-off
Pre-assigned parking spaces.
For More Information and Clarification: Please Contact Me.
Name: SIMPLECIO N. SANTILLAN
Email: [email&;protected]
Globe Mobile, Viber, WhatsApp #: +63945140----
PRC No. 13482 - DHSUD No. R7-A-04/21-1308
https://www.urproperty.----
https://www.youtube.com/@urProperty/vi----
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
Simplecio Santillan
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