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2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu

Cebu, Philippines

Guide Price

$442,478

25,000,000 PHP

PROPERTY TYPE

condo

BEDROOMS

2

BATHROOMS

2

2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 2
2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 3
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Description

� Luxury 2-Bedroom Condo with Maid’s Room for Sale — 38 Park Avenue, Cebu IT Park

Elevated Urban Living | Iconic Cebu IT Park Address | Investment-Ready Property

Experience the ultimate in sophisticated city living with this 2-bedroom luxury corner condo at 38 Park Avenue, located in the heart of Cebu IT Park — Cebu’s premier business, lifestyle, and tech hub. Boasting panoramic views of the sea, mountains, and city skyline, this residence offers a rare combination of modern comfort, prestige, and investment potential.

Location: 38 Park Avenue, Cebu IT Park, Cebu City

� Bedrooms: 2 + Maid’s Room

� Bathrooms: 2

Floor Area: ≈ 1,119 sq. ft. (104 sqm)

Price: ~USD $425,000 (₱25,000,000 estimated)

Condition: Unfurnished, ready for customization

� Sky-High Sanctuary with Triple Panoramic Views

This corner unit offers an exclusive vantage point, letting you wake up to the sea, mountains, and city every day. Ideal for families, professionals, or investors, it combines privacy, elegance, and convenience in a landmark 38-story tower.

Key

Features:

Corner Unit with Panoramic Triple Views – Sea, City & Mountains

2 Bedrooms + Maid’s Room

2 Bathrooms

Unfurnished – Customize your dream interiors

Premium tower in Cebu IT Park

Ready for occupancy

� World-Class

Amenities for Elevated Living

Residents enjoy top-tier

facilities designed for relaxation, fitness, entertainment, and leisure:

� Infinity Pool with Skyline Views

� Fully Equipped Fitness Gym

� Sky Gardens & Lounge Decks

Sky Club Amenity Deck (26th–28th Floors)

� Multi-Function Hall for events

Garden Atrium

� 3-Level Basement Parking

⚡ 8 High-Speed Elevators + Dual Main Lobbies (East & West)

Ultra-Exclusive VIP Units

� Why Invest in 38 Park Avenue?

Located in Cebu IT Park, home to multinational offices, tech companies, cafes, and restaurants, this condo offers strong rental potential and long-term value.

✔ Prime

location in Cebu’s tech and lifestyle hub

✔ Ideal for professionals, expats, and investors

✔ Exceptional appreciation and high rental demand

✔ Close to Ayala Central Bloc, Sugbo Mercado, and business centers

✔ Prestigious 38-story landmark tower with top-tier finishes

� Investment Potential

Whether as a primary residence, Airbnb rental, or long-term investment, this condo offers:

Luxury living with high income potential

Ready for end-user customization

Iconic address with strong capital appreciation

� Schedule a Private Viewing Today

Secure your luxury city condo in Cebu IT Park.

Mobile | Viber: View Phone

� WhatsApp: https://wa.me/ View Phone

Disclaimer

All property details, prices, and availability are subject to change without prior notice. USD conversions are approximate and based on prevailing exchange rates. Floor areas and measurements are estimates and should be independently verified by buyers.

Luxury Condo Cebu IT Park • 38 Park Avenue Cebu • 2-Bedroom Condo for Sale Cebu

Location

Open in Google Maps

Living 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP