2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$185,841
10,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
οΏ½ 2-Bedroom Condo for Sale in Cebu IT Park β Avida Towers Riala, Cebu City, Philippines
Price: β±10.5 Million (~$186,000 USD, Net)
Experience the perfect balance of urban convenience and modern comfort in this ready-for-occupancy, fully furnished 2-bedroom condo in Cebu IT Park. Nestled in one of the cityβs most dynamic and strategic locations, this property offers security, accessibility, and an elevated lifestyle.
Unit Details:
β Type: Furnished 2-Bedroom Condo
β
Floor Area: 57 sqm
β Bathrooms: 2
β Tower: 1
β Floor Level: 21st Floor
β Orientation: Overlooking
Amenities
Features &
Amenities:
Prime
Location β Surrounded by top dining, shopping, and business hubs
Resort-Style Living β Pools, gym, function rooms & landscaped gardens
Secure & Vibrant Community β 24/7 security & CCTV monitoring
High-Investment Value β Ideal for professionals, families, or rental income
οΏ½ Why Invest?
οΏ½ Located in Cebu IT Park β One of the most sought-after addresses in the city
οΏ½ Strong Rental Potential β Perfect for investors looking for passive income
οΏ½ Move-in Ready β Fully furnished for hassle-free occupancy
Schedule a Viewing Today!
Donβt miss this opportunity to own a prime condo in Cebuβs premier IT hub. Contact us now for inquiries or to book a viewing! 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β 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 β the complete pre-move checklist.
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