2 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$548,673
31,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
3
Description
� For Sale: Elegant 2-Bedroom Condominium at Lincoln Tower, IPI Center by Rockwell – Cebu City
Where Rockwell Lifestyle Meets the Heart of Cebu
Live in style, comfort, and convenience at Lincoln Tower within IPI Center by Rockwell—a premier mixed-use community that brings the signature Rockwell experience to the Queen City of the South.
Location: Pope John Paul II Avenue, Cebu City (Former IPI Factory Site)
� Unit Size: 104 sqm (1,119 sq. ft.)
� Unit Type: 2 Bedrooms | � Bathrooms: Multiple
Starting Price: ₱31,000,000 (Approx. $535,000 USD)
� Optional Parking: ₱1.65M (Ground/Basement Levels)
� A Community Designed for Elevated Living
IPI Center is a 2.85-hectare lifestyle haven thoughtfully master-planned with:
75% dedicated open spaces
A 61-storey luxury residential tower
Two office towers
Curated retail and dining experiences
Tree-lined walkways and landscaped gardens
Whether you're a working professional, retiree, or family seeking prime city living, this development combines city
accessibility with resort-style tranquility.
� Why This 2-Bedroom Unit is Perfect for You:
Spacious 104 sqm layout—ideal for families or home offices
Modern interiors with premium Rockwell finishes
Floor-to-ceiling windows for natural light and scenic views
High-value
location with excellent resale and rental potential
Part of a Rockwell signature community renowned for elegance, privacy, and security
� Available Unit Options at IPI Center Lincoln by Rockwell:
Studio (34 sqm): Starting ₱10M
1-Bedroom (39–65 sqm): ₱11M to ₱20M
2-Bedroom (104 sqm): Starting ₱31M
3-Bedroom (154 sqm): Starting ₱47M
Semi-Penthouse (224 sqm): Starting ₱73M
Penthouse (277 sqm): Starting ₱96M
Parking Slot: ₱1.65M
Rockwell Lifestyle Benefits:
24/7 Security and Concierge
100% Backup Power for uninterrupted living
PEZA-accredited offices
nearby
Easy access to business hubs, schools, hospitals, malls, and the airport
Professionally managed
facilities and common areas
Ready to elevate your lifestyle?
Contact us today to schedule a private viewing of this 2-bedroom condo and explore Rockwell’s premier address in Cebu City.
Disclaimer: Prices, availability, and unit sizes are subject to change without prior notice. USD prices are approximate and may vary depending on exchange rates. 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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