5 Bedroom House for sale in Banilad, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$706,195
39,900,000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
4
Description
Luxurious 5-Bedroom Home with Game and Family Rooms in Maria Luisa Estate Park
Welcome to a home where elegance meets comfort, located in the prestigious Maria Luisa Estate Park, Phase 8. Perfect for families and those who love to entertain, this property offers expansive spaces and premium
amenities in one of Cebu’s most desirable communities.
Property
Highlights
Prime
Location: Situated in Phase 8, just steps from a children’s playground, making it ideal for families.
Generous Space:
Lot Area: 318 sqm
Floor Area: 255 sqm (240 sqm main + 15 sqm basement)
Luxurious Living: 5 bedrooms, including a maid’s room, and 4 well-designed bathrooms.
Entertainment and Relaxation: Enjoy a dedicated game room with a billiard table and a cozy family room—perfect for movie nights, bonding moments, or hosting guests.
Ample Parking: Room for 3 vehicles, with potential to expand to 4.
Classic Elegance: Built in 1998, combining timeless charm with practical features.
Why This Property is Perfect for You
This home is designed to offer a sanctuary for families who value comfort, style, and entertainment. The game and family rooms provide the perfect spaces for creating lifelong memories, while the property’s
location in Maria Luisa Estate Park ensures a secure and serene environment close to Cebu’s top destinations.
Don’t let this opportunity pass you by. This rare gem in Cebu’s booming real estate market offers an exceptional lifestyle and long-term value.
Schedule Your Viewing Today!
Make this luxurious house your dream home and experience the best that Maria Luisa Estate Park has to offer.
Maria Luisa Estate Park house for sale, luxury family homes Cebu, 5-bedroom house Cebu, real estate Cebu with entertainment room, prime properties in Cebu 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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