Land for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$148,673
8,400,000 PHP
PROPERTY TYPE
land
BEDROOMS
1
BATHROOMS
1
Description
Property ID: SLLM8
Type: Lot for Sale
Location: New Road, Sangi Lapu-Lapu City
Lot Area: 300 SqM
Property
Features
- total lot area 300 sqm level high value land
- existing infrastructure sold as is condition for renovation
- secured frontage wide concrete paved gated area for parking
- strategic
location in pajo along new sangi road
- fully fenced perimeter with concrete walls and main gate
Spacious Lot for Sale at Pajo Cebu offers a prime real estate opportunity in Lapu-Lapu City. This property is perfect for those seeking a strategic location. Specifically, it
features a substantial land area with a solid foundation. Consequently, this Spacious Lot for Sale at Pajo Cebu is an ideal choice for a residential compound or a rental business. It is situated just minutes away from the Mactan-Cebu International Airport. Therefore, this investment provides the security required for a high-value asset.
Furthermore, the existing structures offer a unique advantage for builders. For instance, this Spacious Lot for Sale at Pajo Cebu allows you to leverage the current footprint for faster projects. Additionally, the wide concrete frontage is a standout feature. It provides rare parking capacity in a bustling neighborhood. Moreover, this property serves as a versatile canvas for your vision. Similarly, this Spacious Lot for Sale at Pajo Cebu is perfect for a modern dormitory or a private sanctuary.
The neighborhood of Pajo is known for its vibrant community. In addition, it is very close to Gaisano Island Mall and local schools. Investing in this Spacious Lot for Sale at Pajo Cebu ensures you are in a high-growth area. Property values here continue to appreciate quickly. As a result, do not miss this chance to acquire a gated 300-square-meter property. It clearly combines
accessibility with immense potential. In conclusion, secure your future with this Spacious Lot for Sale at Pajo 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
Cebu Grand 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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