2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$890,265
50,300,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
� Luxury 2-Bedroom Signature Condo for Sale in Cebu City | Shang Bauhinia Residences | Near IT Park & Ayala Center
Discover Elevated Living at Cebu City’s Most Prestigious Residential Tower
Welcome to Shang Bauhinia Residences, the first ultra-luxury residential tower in Cebu City developed by Shang Properties. Situated at Gov. Cuenco Avenue corner Bauhinia Drive in Brgy. Kasambagan, this iconic address offers a rare blend of luxury, privacy, and prime urban convenience.
Just minutes from Cebu IT Park, Cebu Business Park, Ayala Center Cebu, and Cebu Country Club, this development places you at the center of Cebu’s most vibrant business and lifestyle districts while providing the tranquility of an exclusive residential community.
The 2-Bedroom Signature Residence is designed for modern professionals, families, expatriates, and investors seeking premium living and strong long-term real estate value.
Prime
Location – Kasambagan, Cebu City, Philippines
Enjoy immediate access to Cebu’s top commercial, lifestyle, and business destinations:
• Cebu IT Park – Cebu’s premier technology and BPO hub
• Cebu Business Park & Ayala Center Cebu
• Cebu Country Club
• Top international schools, universities, and hospitals
• Dining, entertainment, and shopping districts
• Approximately 30 minutes to Mactan-Cebu International Airport
This prime
location ensures high rental demand and excellent capital appreciation potential.
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Property Details
Development: Shang Bauhinia Residences
Unit Type: 2-Bedroom Signature Luxury Residence
Floor Area: 1,331 sq ft (123.66 sqm)
Parking: 2 Private Parking Slots
Price: $882,000 USD (Approx. ₱50,300,000 PHP)
� Status: Pre-Selling – Limited Signature
Units Available
Premium Unit
Features
✔ Elegant High-End Interior Finishes throughout the residence
✔ Split-Type Air Conditioning Units Installed
✔ Smart Digital Lockset for secure keyless entry
✔ Quartz Kitchen Countertops with premium cabinetry
✔ Fiber-Optic Ready Internet Connectivity with dual data provisions
✔ Expansive Windows allowing natural light and stunning city views
✔ Open Living and Dining Layout designed for modern luxury living
� Interior Layout
Highlights
Spacious Living & Dining Area
Open-plan layout designed for comfort, relaxation, and entertaining guests.
Master Bedroom Suite
A private retreat featuring an ensuite bathroom and generous wardrobe space.
Second Bedroom
Perfect for family members, guests, or a home office.
Modern Designer Kitchen
Premium cabinetry, quartz countertops, and stylish finishes.
Utility Space
Functional area designed for daily convenience and storage.
� World-Class Lifestyle
Amenities
Residents enjoy access to resort-inspired
amenities designed for relaxation, wellness, and entertainment.
Podium-Level
Amenities
� Resort-Style Swimming Pool
� Landscaped Gardens & Relaxation Areas
� Fully Equipped Fitness Gym
� Yoga & Pilates Studio
� Library & Co-Working Spaces
� Private Dinin
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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