2 Bedroom Condo for sale in Hippodromo, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$469,206
26,510,124 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
2-Bedroom Condo unit for sale with parking in Lucima located just across Ayala Center Mall Cebu Business Park, Cebu City. Strategically located in Cebu City's main central business and lifestyle district and in close proximity to Cebu IT Park, one of the largest PEZA-accredited IT economic zones in the country, Lucima puts you at the center of Cebu's rapid growth.
UNIT DETAILS
2-Bedroom Unit
Floor Area: 88 sq.m - 108 sq.m
Zone: Low-Zone A|B
View: Open Lot | Alveo OL Corner | Seaview OL Corner | Philam Rust Corner
Parking: 1
TCP net of VAT starts at: Php 26.5M
Reservation: P100,000
**Other Available units: 3-Bedroom Units
LUXURY
- Timeless and high-quality architecture.
- Designed by one of the top European architects, Saraiva+Associatos.
- High floor-to-ceiling height of 2.9 meters.
- Well thought-out floor layouts and space plan.
- Comfortable tropical motif.
SUSTAINABILITY:
- Pre-certified LEED Gold, vying for BERDE and EDGE certifications.
- Efficient building envelope.
- Double glazed facade, energy efficient AC and lighting system achieve at least 40% savings in electricity bills.
- Low-flow plumbing fixtures to achieve at least 20% savings in water bill.
- Potager Garden with fresh organic produce.
- Home to endemic and endangered vegetation.
- Rainwater management.
- Bicycle facilities.
WELLNESS:
- Vying for WELL certification.
- Energy Recovery Ventilator (ERV) and Carbon Monoxide Monitor in all units.
- Air tight units to prevent unwanted dust, air, sound, and odor transmission between spaces.
- Bathrooms are equipped with smart exhaust.
- Optimized natural daylight.
- Air purifiers in all common areas.
- Contactless technologies in all common areas.
- 24/7 semi-autonomous security surveillance robots.
For inquiries and schedule of showroom visit, please feel free to contact. 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
ELAINE EBCAS
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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