5 Bedroom House for sale in Banilad, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$884,956
50,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
4
Description
Undoubtedly, it is Cebu’s most sought after residential development not only by locals but foreigners as well. With lots that give you the best views of the surrounding landscape and choice cuts ensconced in gorgeous valleys and hills, Maria Luisa Estate Park remains unsurpassed. A drive through this posh subdivision’s winding roads will reveal why this is so.
The lush landscape gives an instantaneous calming effect to anyone who enters Maria Luisa Estate Park. Away from the maddening city lifestyle, its residents have long found comfort in the tranquility that envelopes the community. For decades, Maria Luisa Estate Park has provided security and safety to everyone who has lived there.
The Maria Luisa Estate Park Development is designed to epitomize Cebu Lifestyle at its BEST. The lots were designed to maximize the city, mountain and valley views as well as building potential of every property. Privacy and security are priorities. Ideally located in Banilad, Cebu City, it is the only remaining high-end quality subdivision that can boast of proximity to the heart of the city where home is a mere 5-10 minute drive away from work, school and malls. Once you live in Maria Luisa Estate Park, you wouldn’t want to live anywhere else
Property
Location:
Maria Luisa Estate Park, Banilad Cebu City
House for SALE Maria Luisa Banilad Cebu City
Located in a exclusive subdivision in Cebu City
Living in a prestige and a Elite community
House
Features:
A 2Storey house with Swimming pool ( 6ft deep)
5bedrooms with own toilet and bath
3 Car garage
Fully fence
Masters bedroom has veranda
1 powder room
TV room
2 Living rooms
Dining room
Kitchen Patio
Separate Maids guarter
Lot area : 511 sqm ( has 2lots 262sqm + 249 sqm)
Floor area: 600 more or less
Selling Price : Php 70M Down to P50M NET
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
Jude Embrado/Cebudreaminvestment
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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