3 Bedroom Condo for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$283,186
16,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
2
Description
� For Sale: Luxury Penthouse with 180° Panoramic City Views – Meridian by Avenir, Cebu City
Location: Meridian by Avenir, Cebu Business Park Area, Cebu City
Floor Area: 77 sqm (≈ 829 sq ft)
Appraised Value: ₱21,000,000 (≈ USD $370,000)
Selling Price: ₱16,000,000 (≈ USD $282,000) – ₱5M Below Market Value!
Penthouse
Highlights
2-Level Loft-Style Layout – Spacious, stylish, and designed for modern city living
Fully Furnished – Move-in ready with upgraded interiors and premium finishes
Newly Renovated – Immaculate condition, perfect for discerning buyers
Unobstructed 180° Views – Sunrise to sunset panoramas of Cebu City skyline and beyond
Corner Unit – Extra natural light, ventilation, and enhanced privacy
Top Floor (21st Level) – The ultimate vantage point for breathtaking views
Next to Future Rockwell Mall – Strong potential for value appreciation
Walking Distance to Cebu IT Park – Ideal for expats, professionals, and investors
� Why This Penthouse is a Smart Investment
✔ Undervalued Opportunity – ₱5M below appraised market value
✔ Rare Offering – Luxury penthouses in Cebu are limited and highly sought-after
✔ High ROI Potential – Perfect for Airbnb, corporate leasing, or long-term rentals
✔ Strategic
Location – Near business districts, malls, hospitals, and lifestyle destinations
✔ Future-Proof Investment – With Rockwell’s upcoming mall next door, land and rental values are expected to rise further
� Lifestyle + Investment in One Address
Imagine sipping your morning coffee while overlooking Cebu’s dynamic cityscape—or hosting sunset dinners with unobstructed skyline views. This penthouse doesn’t just offer a home, it delivers a lifestyle of prestige, comfort, and investment security. Whether you’re a local upgrading your standard of living or an international buyer seeking a second home or income property, this is a rare chance to own one of Cebu’s finest residences.
Schedule Your Private Viewing Today!
Opportunities like this don’t last long—especially with ₱5M off market value. Contact us now to reserve your exclusive tour.
� Disclaimer
All property details, pricing, and availability are subject to change without prior notice. USD values are approximate, based on prevailing exchange rates. Information provided is deemed reliable but not guaranteed. 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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