3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$407,080
23,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
2
Description
๐ ๐๐ ๐๐๐๐
3-Bedroom Penthouse Condo with Balcony & Parking
at Calyx Residences โ Cebu Business Park
Live above the city in this rare 26th-floor corner penthouse just steps away from Ayala Center Cebu. Designed for executives, families, and investors who value space, privacy, and prime location, this fully furnished residence offers both prestige and long-term investment potential in Cebuโs most sought-after business district.
Lot area: โ
Floor area: 150 square meters (1,614 square feet)
26th Floor โ Penthouse Level
3 Bedrooms
2 Bathrooms
Fully Furnished
Maidโs Room / Storage Room
Balcony with Stunning City Views
With 1 Parking Slot
Fully Equipped & Move-In Ready:
โข Split-type air conditioners in all rooms
โข Beds, wardrobes, and complete furnishings
โข Dining set
โข Refrigerator, microwave, IH induction stove
โข Built-in kitchen cabinets & ample storage
โข Television and more
Building
Amenities:
โข Infinity swimming pool
โข Fully equipped fitness gym
โข 24/7 concierge and security
โข CCTV surveillance system
โข Commercial shops and laundry services at the ground floor
Why This Property?
Located in Cebuโs premier business and lifestyle district, this penthouse offers unmatched walkability to malls, corporate offices, dining establishments, and lifestyle hubs. Whether for personal residence or rental investment, properties in Cebu Business Park consistently show strong capital appreciation and rental demand.
Asking Price:
Php 23,000,000 NET (Approx. USD 410,000)
Taxes and transfer fees not included
Prime Location. Rare Penthouse. Strong Investment.
For private viewing and full details, message today.
Disclaimer: Price, availability, and
property details are subject to change without prior notice.
Floor area measurements are approximate and for reference only. 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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ 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 โ the complete pre-move checklist.
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