1 Bedroom Condo for sale in Avida Towers Cebu, Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$53,097
3,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
3 Studio Unit For Sale in Avida Towers Cebu 1, AsiaTown I.T. Park
(all units adjacent to each other)
Floor Area: 22.08sqms each unit
12th Floor
View : I.T. Park and Facing Sugbo Mercado
Bare only (Unfurnished)
Price : 3.0M Net each if 3units(All Taxes Buyer Expenses)
3.2M if only one unit
1 Parking Unit: 1.3M
AVIDA is located inside AsiaTown I.T. Park is a place where everything feels secure, including your future. Tower 1 will be a 25-storey condominium. On the first 3 floors there will be parking areas. The remaining 22 floors will be for the 518 residential units. This development has a total land area of 6,262 square meter. It is a mater planned community of 2 affordable towers. The elongated orientation of lot sets apart the towers for optimizing views and ventilation. The main amenity area will be placed on a podium level at the fourth floor to provide privacy and exclusivity. For additional convenience to unit owners, there will also be mailboxes for each unit located at the main lobby.Located in Asiatown IT Park, it is now possible to live in an exciting, fast-paced city without the stress and the rush. This residential property bears all the hallmarks of a sound investment. With superior property management and unparalleled security, this home is more than a roof over your head. It’s the future built for you. Experience living around Cebu's Business Park and information technology center.
BUILDING
AMENITIES:
Main lobby
3 Elevator Units per Tower
Adequate emergency power
Mailbox for each unit
Drying cage for each unit
Garbage chute
Fire protection Alarm system
Telephone and Cable Provision
Internet (Wi-Fi) Ready (within the amenity area)
AMENITIES:
Clubhouse
Swimming Pool
Jogging Path
Children's Playground
Centralized Water Supply
Gazebo
Outdoor Gym
High Level of Security
Sewage Treatment Plant
Unit Deliverables
Standard finish : Flooring - vinyl planks,ceramic tiles,aluminum windows,unit partitions (CHB - walls painted),interior - (gypsum board painted),complete kitchen, countertop, fixtures, overhead and undersink cabinets, greasetrap. 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
RSR Realty Services
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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