3 Bedroom House for sale in Bakilid, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$265,487
15,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
3
Description
It is a semi-furnished 3 bedrooms Duplex house, 2 bathrooms, powder room, Master bedroom with own toilet and bath and balcony, maid's’s room with t&b, 2 car park and pocket garden. Current market value of a resale house here is at P18M to P20M. You may need a P1M to retouch and renovate to modernized it and resale it or use it as your new home. Or rent it out at P50,000 to P60,000/month. It is rentable property because of a prime
location in Cabangkalan Mandaue City.
SELLING PRICE IS NET OF EXPENSES.
FACILITIES :
Underground electric supply
skycable
PLDT telephone lines
Parks and Playgrounds
Swimming pool and Recreation area
Clubhouse with entertainment deck
Deepwell with water distribution pump
Subdivision landscaping
Overhead street lighting
24 hour security
perimeter fence
Just 45 minutes from airport, 10 minutes to hospital, 25 minutes to Cebu International School, 15 minutes to San Carlos University and learning Centers, 5 to 10 minutes to shopping malls, and markets. 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
MDC REALTY & BROKERAGE
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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