2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$168,142
9,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
Ready for Occupancy 2-Bedroom Corner Condo for Sale in Avida Towers Riala Tower 2 | Cebu IT Park | Prime Investment Property
Live in the Heart of Cebu IT Park – Where Lifestyle Meets Opportunity
Wake up every day in the center of Cebu’s most prestigious and high-demand business district.
This Ready-For-Occupancy (RFO) 2-Bedroom Corner Condominium in Avida Towers Riala offers modern city living inside Cebu IT Park, the most sought-after address for professionals, executives, digital nomads, and property investors.
Whether you're purchasing for personal use or building your rental portfolio, this unit delivers
location advantage, strong appreciation potential, and consistent rental demand.
Prime
Location – Cebu IT Park, Cebu City
Strategically located within walking distance to:
• Ayala Malls Central Bloc
• BPO offices and multinational companies
• Cafés, restaurants, and retail hubs
• Hospitals and medical centers
• Major roads and transport terminals
This is the epicenter of Cebu’s economic growth — making it one of the safest and most strategic real estate investments in the region.
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Property Details
Development: Avida Towers Riala – Tower 2
Unit Type: 2-Bedroom Corner Unit
Floor Area: 57 sqm (approximately 614 sq ft)
Bedrooms: 2
Bathrooms: 2
Furnishing: Unfurnished
Status: Ready for Occupancy
Additional
Features
✔ Corner unit for better natural light and cross-ventilation
✔ Bright and airy layout
✔ Storage room
✔ Premium finishes
✔ Efficient space planning
The corner orientation enhances privacy and airflow — a rare advantage in high-demand condominium developments.
� Perfect For
✔ Professionals working in Cebu IT Park
✔ Executives relocating to Cebu
✔ OFWs investing in Philippine real estate
✔ International buyers seeking high-growth Cebu property
✔ Investors targeting long-term rental income
Two-bedroom units in IT Park are consistently in demand for both executive tenants and families.
Investment
Overview
Selling Price: ₱9,500,000 NET
≈ USD 169,600*
This property offers:
• Prime business district
location
• Strong rental yield potential
• High occupancy rates
• Excellent long-term capital appreciation
• Flexible use (end-use or lease)
Owning a condo inside Cebu IT Park positions you in one of the strongest performing micro-markets in Metro Cebu.
Why This Property Stands Out
2-bedroom condo for sale in Cebu IT Park
Corner unit with 614 sq ft of space
Ready for occupancy (no waiting time)
Located in Avida Towers Riala Tower 2
Ideal for rental investment or personal residence
Strong resale and appreciation potential
Walking distance to Ayala Central Bloc
Units in this
location move quickly due to consistent buyer and tenant demand.
� HIGH-DEMAND AREA – LIMITED INVENTORY
Secure this RFO 2-bedroom condo before prices increase further.
� For Inquiries, Site Tours & Reservation
Irene P. Rañen
Account Manager | Ph Pro Realty
View Phone
(Viber)
� Request detai
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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