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
For Sale: Furnished 2-Bedroom Condominium at Avida Towers Riala – Cebu IT Park, Cebu City
Price: ₱10,500,000 NET (Approx. USD $186,000*)
*USD value based on current exchange rates; subject to change.
Step into modern urban living at Avida Towers Riala, one of Cebu IT Park’s most sought-after addresses. This fully furnished 2-bedroom unit offers the perfect mix of convenience, comfort, and investment potential—ideal for professionals, families, and investors alike.
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Unit Details
2 Bedrooms
2 Bathrooms
Floor Area: 57 sqm (≈ 613 sq. ft.)
Tower 1 – 21st Floor
Balcony with Amenity Views
Fully Furnished & Ready for Occupancy
� Condominium
Amenities
Resort-style Swimming Pools
Fitness Gym
Landscaped Gardens & Open Spaces
Function Rooms for Events
24/7 Security & CCTV Surveillance
Secure Parking (subject to availability)
� Why Invest in Avida Riala – Cebu IT Park?
Prime
Location: Walkable to Ayala Malls Central Bloc, BPO offices, cafes, and lifestyle hubs
High Rental Yield: Strong demand from professionals, digital nomads, and expats
Move-in Ready: Fully furnished, ideal for immediate occupancy or income generation
Reputable Developer: Avida Land, part of Ayala Land, ensures quality and value appreciation
Dynamic Lifestyle: Live, work, and play in Cebu’s thriving business and tech hub
� Investment
Highlights
Whether for personal use or as a rental property, this condo offers stable cashflow potential and long-term capital growth—backed by Cebu IT Park’s strong demand for quality residences.
Book your private viewing today!
Don’t miss this opportunity to own a prime property in Cebu’s top business district. 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) — 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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