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
2
Description
For Sale: Luxury Penthouse with Panoramic City Views – Meridian by Avenir, Cebu City
Location: Meridian by Avenir, Cebu City
�
Floor Area: 77 sqm (≈ 829 sq ft)
Appraised Value: ₱21,000,000
Selling Price: ₱16,000,000 (₱5M below market value!)
� Penthouse
Highlights
2-Level Loft Layout – Elegant, spacious, and designed for modern living
Fully Furnished – Move-in ready with stylish interiors
Newly Renovated – Freshly upgraded and well-maintained
180° Panoramic Views – Enjoy both sunrise and sunset from your private vantage point
Corner Unit – Extra privacy with abundant natural light
Top Floor (21st) – Ultimate skyline perspective
Prime Future Value – Located beside the upcoming Rockwell Mall
Walkable Lifestyle – Just steps from Cebu IT Park, dining, and business hubs
� Why This Penthouse is a Smart Investment
✔ Undervalued Asset – Priced ₱5M below current appraisal
✔ Rare Offering – Few luxury penthouses available in Cebu City
✔ High ROI Potential – Ideal for Airbnb, executive rentals, or resale
✔ Strategic
Location – In the heart of Cebu’s thriving business district
Schedule Your Private Viewing Today!
Don’t miss this rare opportunity to own a statement property in one of Cebu’s fastest-growing prime locations.
� Disclaimer
All information provided is deemed reliable but not guaranteed. Prices, availability, and
property details may 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) — 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.
DotProperty.com.ph
PHP