1 Bedroom Condo for sale in Banilad, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$53,097
3,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Chic City Studio a Smart Investment Opportunity – Whether you're a first-time buyer, investor, or simply looking for a stylish and convenient place to live, this fully furnished studio checks all the boxes. Located in a prime city location, this compacts yet beautifully designed space offers comfort, functionality, and long-term value in one impressive package.
Step inside the unit and you'll be welcomed by a clean, modern interior with neutral tones, built-in cabinets, a work desk, and a cozy bed area. Perfectly laid out to maximize every square meter, the studio
features practical storage, a sleek bathroom, and a large window that lets in natural light — all contributing to a pleasant and productive living environment.
This Chic City Studio a Smart Investment Opportunity also benefits from its
location within a mixed-use development complete with lifestyle
amenities such as a swimming pool, gym, retail spaces, and green areas. Whether you're working from home, studying, or relaxing after a long day, the lifestyle it offers is both upscale and convenient.
It’s not just a home — it’s an investment. With growing demand for rentals in key urban centers, this unit is ideal for short-term or long-term leasing. It's easy to maintain, always in demand, and ready for occupancy.
In a city where space, style, and
location matter most, this Chic City Studio A
Smart Investment Opportunity delivers real value. Enjoy proximity to malls, business hubs, schools, and transport links — all within walking or short driving distance.
Don't miss the chance to own a unit that works for you in more ways than one. This studio isn’t just a place to live — it’s a stepping stone to smarter urban living and property growth.
Unit
Features:
- Fully furnished studio unit
- Approx. 22.40–31.69 sqm
floor area
- Built-in closet and storage cabinets
- Compact and functional layout
- Work/study desk
- Smart space design with modern interior finishes
- Equipped with air-conditioner, TV, refrigerator, and microwave
- Large window with natural light and city views
- Ready for occupancy or leasing
Building
Features &
Amenities:
- Infinity Pool
- Fitness Gym
- Sky Lounge
- Function Rooms
- Retail Podium
- 24/7 Security and CCTV Monitoring
- High-Speed Elevators
- Standby Generators
- Lobby with Reception Area
- Parking Area
Property ID: SRDOA1
Type: Condo for Sale
Location: One Astra Place, Mandaue Cebu
Floor Area: 22 SqM
Bedroom: 1
Bathroom: 1
Furnishing: Unfurnished 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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