1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$239,255
13,517,928 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐ ๐๐๐๐ซ๐จ๐จ๐ฆ ๐๐จ๐ง๐๐จ ๐๐จ๐ซ ๐๐๐ฅ๐ โ ๐๐ ๐๐๐ซ๐ค ๐๐ฏ๐๐ง๐ฎ๐, ๐๐ ๐๐๐ซ๐ค ๐๐๐๐ฎ
Step into upscale urban living with our 1-Bedroom Unit at 38 Park Avenue, located right in the heart of Cebu IT Park โ the cityโs most dynamic business and lifestyle hub.
๐๐ง๐ข๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
โข
Floor Area: 54.81 sq.m.
โข 1 Bedroom with Balcony
โข Open Living, Dining & Kitchen Space
โข 1 Toilet & Bath with premium fixtures
โข High-end finishes and split-type A/C provision
๐๐จ๐ญ๐๐ฅ ๐๐จ๐ง๐ญ๐ซ๐๐๐ญ ๐๐ซ๐ข๐๐: โฑ13,517,928
๏ฟฝ ๐๐๐ฌ๐๐ซ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ ๐๐: โฑ50,000
Ideal for professionals, investors, and city dwellers
๐๐ก๐ฒ ๐๐ ๐๐๐ซ๐ค ๐๐ฏ๐๐ง๐ฎ๐?
โข Tallest tower in Cebu IT Park โ 38 storeys high
โข Steps away from Ayala Central Bloc and top establishments
โข 3-level Sky
Amenities (pool, gym, sky gardens, lounge, kids zone)
โข Retail boulevard & grand atrium
โข 24/7 security, 100% backup power, and 8 elevators
Walkable to everything โ universities, malls, restaurants, and major offices.
๏ฟฝ ๐๐๐ง๐ ๐ฎ๐ฌ ๐ ๐ฆ๐๐ฌ๐ฌ๐๐ ๐ ๐ญ๐จ๐๐๐ฒ ๐ญ๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐ ๐จ๐ซ ๐ฌ๐๐ก๐๐๐ฎ๐ฅ๐ ๐ ๐ฌ๐ข๐ญ๐ ๐ญ๐จ๐ฎ๐ซ
https://cebudreaminvestment.com/property/38-park-avenue-highest-condo-in-it-park-cebu-c----
๏ฟฝ Live Above All at 38 Park Avenue โ Cebu IT Parkโs Tallest Residential Tower!
Other Properties
1. Sales/Rentals โ Jude Listings
2. House and Lot โ Cebudreaminvestment
3. Development โ CDI Cebu
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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Jude Embrado/Cebudreaminvestment
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 โ the complete pre-move checklist.
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