Condo for sale in Pajac, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$66,015
3,729,840 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
οΏ½ Modern Urban Studio Condo for Sale β Plumera Residences, Lapu-Lapu City
Discover the perfect blend of comfort, convenience, and investment potential at Plumera Condo β designed for modern urban living and smart investors.
Location: Brgy. Basak, Cagudoy, Lapu-Lapu City, Cebu β just minutes from Mactan International Airport and top city attractions.
Why Choose Plumera Residences?
Prime
Location β ideal for professionals, students, and frequent travelers
Investment-Ready β perfect for Airbnb, long-term rental, or your own vacation home
Flexible
Payment Terms β easy on the budget with affordable monthly options
οΏ½ Unit Sizes: Starting from approx. 269 sq. ft. (25 sqm) β compact and efficient layouts designed for modern living
Price: Starting from around $38,000 USD (β β±2.2M PHP) β one of the most affordable entry points in Mactan
οΏ½ Lifestyle &
Accessibility:
Just one ride away from:
β Mactan-Cebu International Airport
οΏ½ Indiana Aerospace University
οΏ½ Mactan Doctors Hospital
οΏ½ Malls, resorts, and leisure destinations
Amenities Youβll Love:
οΏ½ Swimming Pool
οΏ½ Basketball Court
Clubhouse & Courtyard
οΏ½ Onsite Commercial Area
Why This is a Smart Buy:
This is not just a condo β itβs a lifestyle upgrade. With strong rental demand from expats, students, and travelers, Plumera Residences is a high-potential income-generating property that can pay for itself over time.
οΏ½ Schedule a Site Tour Today!
οΏ½ Message us now to book your viewing or request full pricing and payment details.
Disclaimer: Prices and
property details are subject to change without prior notice. 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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