3 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$283,186
16,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
3
Description
Penthouse Condo for Sale at The Meridian by Avenir, Cebu City
21st Floor Corner Unit | Panoramic City Views | Prime Investment Address
The Meridian by Avenir, Cebu City, Philippines
οΏ½ Near Cebu IT Park | Adjacent to Rockwell Center Cebu (Upcoming)
Elevated Urban Living in a Rare Corner Penthouse Condo
Own a premium penthouse condo for sale at The Meridian by Avenir, one of Cebu Cityβs most desirable residential developments. Positioned on the 21st floor (top floor), this corner penthouse unit offers breathtaking 180-degree panoramic city views, unmatched privacy, and a sophisticated lifestyle in the heart of Cebu.
Ideal for local and international buyers, this property is perfect as a luxury residence, executive home, or high-performing investment asset in a rapidly appreciating location.
οΏ½
Property Details
Property Type: Penthouse Condominium
Floor Area: 77 sqm (β 829 sq ft)
Layout: Two-level penthouse unit
Bedrooms: 3
Floor Level: 21st Floor (Highest Floor)
Unit Type: Corner Unit
Condition: Newly Renovated
Furnishing: Fully Furnished
Penthouse
Highlights
β Rare top-floor corner penthouse condo
β 180Β° panoramic Cebu City skyline views
β Two-level layout for enhanced privacy & comfort
β Contemporary interiors with premium finishes
β Bright, airy living spaces with natural light
β Move-in ready β ideal for end-users or rental income
Prime
Location Benefits
Walking distance to Cebu IT Park
Beside Rockwell Center Cebu (upcoming)
Minutes from Ayala Center Cebu, offices, hospitals & schools
High rental demand from expats, executives & professionals
οΏ½ Investment & Lifestyle Value
β Excellent rental yield potential
β Strong capital appreciation in a prime CBD
location
β Limited penthouse inventory ensures exclusivity
β Ideal for executive leasing or long-term rentals
Selling Price
β±16,000,000
β USD $275,000 (approx., subject to exchange rate)
Inquire Now | Private Viewing by Appointment
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οΏ½ WhatsApp: https://wa.me/ View Phone
Disclaimer:
Prices, availability, measurements, and USD conversions are subject to 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) 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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