3 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$973,451
55,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
3
Description
Live the ultimate beachfront lifestyle in this stunning 2-storey condo located in the heart of Mactan. Perfect for those who dream of waking up to the sound of waves and breathtaking ocean views, this luxurious property offers the perfect blend of modern comfort and tropical serenity.
Property
Features:
- 2-Storey Layout: A unique and spacious design with separate living and sleeping areas, providing privacy and ample space for families or entertaining guests.
- Floor-to-Ceiling Windows: Enjoy panoramic views of the sparkling ocean and stunning sunsets from every room.
- Modern Kitchen: Fully equipped with high-end appliances, sleek countertops, and plenty of storage for all your culinary needs.
- Private Balcony: Step out onto your own balcony to feel the sea breeze and soak in the tranquil beachfront ambiance.
- Luxurious Bedrooms: Spacious, air-conditioned bedrooms with ensuite bathrooms, offering comfort and privacy.
- Beach Access: Just steps away from the pristine white sand and crystal-clear waters of Mactan’s coastline.
Location
Highlights:
- Minutes away from world-class resorts, diving spots, and water sports activities.
- Close to shopping centers, restaurants, and entertainment hubs.
- Easy access to Mactan-Cebu International Airport for hassle-free travel.
Whether you’re looking for a permanent residence, a vacation home, or an investment property, this 2-storey beachfront condo offers the perfect escape from the ordinary. Imagine starting your day with a sunrise swim and ending it with a sunset cocktail on your balcony—this is the life you’ve been dreaming of!
Don’t miss this rare opportunity to own a piece of paradise. Contact us today to schedule a viewing or for more details! 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
1st Cebu Homes Property Management & Realty Corp.
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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