3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$761,062
43,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
4
Description
� PENTHOUSE FOR SALE
Prime
Location Across Ayala Center Cebu | Cebu Business Park
PRIVATE SAUNA • 2 PRIVATE TERRACES • FULLY FURNISHED • 2 PARKING SLOTS
Avalon Condominium, Cebu Business Park, Cebu City, Philippines
� Directly Across Ayala Center Cebu – Cebu’s Premier Lifestyle & Business Hub
Live Above It All in Cebu’s Most Prestigious Address
Own an exclusive penthouse for sale in Cebu Business Park, perfectly located across Ayala Center Cebu—the most sought-after commercial and lifestyle district in the city. This rare penthouse offers expansive living spaces, refined finishes, and premium
features designed for luxury urban living, executive comfort, and long-term investment value.
Ideal for CEOs, expatriates, diplomats, and high-net-worth investors, this penthouse delivers privacy, prestige, and immediate access to Cebu’s best dining, retail, and corporate offices.
� Penthouse
Property Details
Total
Floor Area: 259 sqm
≈ 2,788 sq ft
Bedrooms: 3 spacious bedrooms
Bathrooms: 4 premium toilet & bath
Private Terraces: 2 exclusive outdoor terraces
Private Sauna: ✔ Yes (very rare feature)
Parking: 2 dedicated car slots INCLUDED
Furnishing: Fully furnished with SMEG premium appliances
Selling Price
₱43,000,000
A standout opportunity to own a luxury penthouse across Ayala Center Cebu with strong rental demand and excellent capital appreciation.
Why This Penthouse Is a Trophy Property
✔ Prime across-Ayala Center Cebu
location
✔ Rare private sauna inside the unit
✔ Expansive 2,788 sq ft penthouse layout
✔ Two (2) private terraces for entertaining & relaxation
✔ High-end interiors with SMEG luxury appliances
✔ Ideal for executive leasing & diplomatic residences
✔ One of the most prestigious addresses in Cebu Business Park
Avalon Condominium
Amenities
� Swimming Pool
� Fully Equipped Fitness Center
� Function Rooms
� 24/7 Security & CCTV
� Grand Lobby & Concierge Services
A secure, elegant, and professionally managed luxury condominium.
Ideal For
Luxury End-Users
� Expatriates & Diplomats
Corporate Executives & CEOs
� High-End Property Investors
� Rare Penthouse for Sale in Cebu Business Park
Penthouse units across Ayala Center Cebu rarely enter the market. This is a high-demand, low-supply luxury asset in Cebu’s most valuable CBD.
� Schedule a Private Viewing Today
Mobile | Viber: View Phone
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Disclaimer:
Prices, availability, furnishings, measurements, and USD conversions are approximate and may change without prior notice.
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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