2 Bedroom Townhouse for sale in Subabasbas, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$67,257
3,800,000 PHP
PROPERTY TYPE
townhouse
BEDROOMS
2
BATHROOMS
1
Description
οΏ½ HOUSE FOR SALE or ASSUME οΏ½
Coral Village, Suba Basbas, Lapu-Lapu City
2-Storey House and Lot
2 Bedrooms
1 Bathroom
1 Garage
SELLING PRICE : 3.8M or
ASSUME 1.5M
PAG-IBIG BAL : 2M +
Monthly as low as 15k +
Location:
Coral Village is located in Suba-basbas, Marigondon, Lapu-Lapu City, Cebu, and it's surrounded by several
amenities and attractions.
Here are some
nearby places:
*Hospitals:*
- Mactan Doctorsβ Hospital (9 minutes away)
*Shopping Centers:*
- Gaisano Grand Mall Mactan (7 minutes away)
*Supermarkets:*
- AM Supermarket & Dried Fish (3 minutes away)
*Resorts and Beaches:*
- Plantation Bay Resort and Spa and Pacific Cebu Resort (5 minutes away)
Famous beach resorts and tourist spots in Mactan
-*Airports:*
- Mactan-Cebu International Airport (20 minutes away)
-*Education:*
- University Of Cebu β Lapu-Lapu and Mandaue (19 minutes away)
Brand New 2-Storey House and Lot for ASSUME at Coral Village in Suba Basbas, Lapu-Lapu City, Cebu.
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*2-Storey House and Lot
*Townhouse Type - Mid Unit
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*24 Hour Security
*Gated Entrance with Guardhouse
*Parks and Playground
*Sewage Treatment Plant
*Clubhouse
*Basketball/Multi-purpose Court
*Jogging Trail
*Landscaped Open Spaces
Pm me for viewing
* Concrete Perimeter Fence
* Underground Drainage System
οΏ½Send us message for more details and viewing schedule οΏ½ 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
Loida O'donovan
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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