1 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$353,982
20,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
2
Description
1BR Condo For Sale — Alcôves Ayala Cebu
Prime Ayala Center Address | With Balcony + Parking | Bare Unit | High-Investment Value
Live at the center of Cebu’s most prestigious business & lifestyle district. This 1-bedroom condo for sale at Alcoves, Ayala Center Cebu delivers unmatched convenience, premium lifestyle amenities, and strong investment performance in one of the most sought-after addresses in Cebu Business Park.
Perfect for expats, professionals, retirees, and investors seeking a secure long-term asset in Cebu City’s most established luxury condominium enclave.
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Property Details
Unit Size: 66 sqm
≈ 710 sq ft
Configuration: 1 Bedroom + Balcony
Parking: 1 Dedicated Parking Slot
Unit Condition: Bare Unit (Ideal for custom interior fit-out)
Project: Alcoves — Ayala Center Cebu
Status: For Sale | Complete Papers
Selling Price
₱20,000,000
Approx. USD: ~$341,000 (exchange-rate dependent)
A rare opportunity to own a premium investment unit in one of Cebu’s most exclusive residential towers.
Why This Unit Is Highly Desirable
✔ Bare unit — design & personalize the interiors to your taste
✔ With balcony — city views + natural light
✔ Includes 1 parking — high value in CBD developments
✔ Located directly within Ayala Center Cebu
✔ Strong leasing demand for expat + corporate tenants
✔ Exceptional capital appreciation prospects
✔ Ideal as Airbnb / executive rental / retirement base / second home
Alcoves is widely recognized as one of Cebu’s top-tier luxury condos, offering both lifestyle prestige and investment strength.
Premium
Amenities
Swimming Pool + Kiddie Pool
Fitness Gym
Function Rooms & Residents’ Lounge
Direct Access to Ayala Mall Retail + Dining + Services
Concierge & 24/7 Security
Property Management by a premier developer
Live where convenience is built into everyday life.
Prime City
Location +
Nearby Landmarks
Located inside Ayala Center Cebu within Cebu Business Park—one of the Philippines’ most prestigious CBDs.
Nearby key destinations:
Ayala Center Cebu — direct access
Cebu Business Park — 1 min
Cebu I.T. Park — 6 mins
Landers Superstore — 7 mins
Parklane Hotel / Marriott / Seda Ayala — walkable
Perpetual Succour Hospital — 7 mins
Chong Hua Hospital — 10 mins
SM City Cebu — 10 mins
Port Area — 15 mins
Mactan–Cebu Int’l Airport (MCIA) — 30–40 mins
Surrounded by premium hotels, corporate offices, medical institutions, and lifestyle centers — ideal for end-users and investors alike.
� Ideal For
✔ Expats & foreign retirees
✔ Corporate + business executives
✔ Investors seeking high-yield condos
✔ Airbnb & long-term leasing play
✔ Second-home / city base buyers
✔ OFWs looking for luxury city assets
� Investment & ROI
Highlights
High rental demand (expats, executives, digital nomads)
Rare Ayala Center
location drives appreciation
Low inventory for resale units in this building
Ayala-developed estate ensures long-term value stability
Prestige + scarcity +
location = st
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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