1 Bedroom Condo for sale in Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$148,654
8,398,965 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐๐๐๐ข๐ฅ๐๐๐๐๐ ๐๐ข๐ก๐๐ข ๐๐ก ๐๐๐๐จ ๐๐๐ง๐ฌโ
Walking distance to two major business districts, Ayala Cebu Business Park & IT Park, Cebu.
๐๐จ๐ฌ๐๐ฅ๐ฆ ๐ฃ๐ฅ๐ข๐ ๐ข
โ80K Discount on TCP๏ฟฝ
โ5% Discount on
โ15% Equity at 36 months
Project Name: Vertex Central
Location: Archbishop Reyes Ave., Cebu City
๐จ๐ก๐๐ง ๐๐๐ง๐๐๐๐ฆ
1-Bedroom Type
Toilet and Bath
Living, Dining & Kitchen Area
Sleeping Area
Floor Area: 42.55 sq.m
๐ฆ๐๐ ๐ฃ๐๐ ๐๐ข๐ ๐ฃ๐จ๐ง๐๐ง๐๐ข๐ก
Total Contract Price (TCP): Php8,398,965.00
๐ฃ๐ฅ๐ข๐ ๐ข ๐๐๐ฆ๐๐ข๐จ๐ก๐ง: Php80,000.00
Net Discounted Price : Php8,318,965.00
Reservation Fee (RF): Php10,000.00
15% Equity/Downpayment : Php1,247,844.00
5% Additional Discount on Equity : Php62,392.00
Balance payable up to 36 Months at 32,651/Month
85%Balance Thru Bank financing: PHP7,071,120.00
๐๐๐๐ถ๏ฟฝ๐ฎ๐๐ฒ๐ฑ ๐ ๐ผ๐ป๐๐ต๐น๐ ๐๏ฟฝ๐ผ๐ฟ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป:
5 years @ 140,017/month
10 years @ 82,102/month
15 years @ 63,557/month
20 years @ 54,822/month
๐ก๐ข๐ง๐: Prices Subject to Change without Prior Notice.
๐๐๐๐ง๐จ๐ฅ๐๐ฆ & ๐๐ ๐๐ก๐๐ง๐๐๐ฆ
Lobby
Pools
Gym
Lounge Deck
Sky Garden
Commercial Spaces
๐๐ข๐ ๐ ๐ข๐ก ๐๐ฅ๐๐๐ฆ
-Residential Areas
Reception Area
5 Elevators
Central Garbage Collection Area (MRF)
Provision for Garbage Collection on every floor
1.50 meter-wide Hallway
-Parking
Podium Parking for Residents
Upper Ground Parking for Commercial/ Retail
-CCTV
Ground Floor Lobby & Reception
Elevator cars
Hallways
Amenities Area
Retail Area Perimeter
Parking Entrance
All Parking Levels
Sky Garden
Vertex Central is strategically located between Grand Convention Center and the building of Avenir, right across the BIR office that links the two business parks. We select locations that best fit the market. For Vertex Central, this will serve as a residential project for Cebu IT Park and Cebu Business Park employees who want to live near the area.
P0116VCCO
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
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
Home and Investment Partners
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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