2 Bedroom Condo for sale in Busay, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$123,894
7,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
1
Description
๐ฆ๐๐๐น๐ถ๐๐ต ๐ฎ-๐๐ฒ๐ฑ๐ฟ๐ผ๐ผ๏ฟฝ ๐๐ฎ๐๐ฒ๐ป ๐ฎ๐ ๐๐ฒ ๐ ๐ฒ๐ป๐ฑ๐ฎ ๐ฅ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ฐ๐ฒ๐, ๐๐๐๐ฎ๐. ๐๐๐น๐น๐ ๐ณ๐๐ฟ๐ป๐ถ๐๐ต๐ฒ๐ฑ
Details:
Location: Le Menda Residences Busay
Unit: 619
Unit type: 2-Bedroom
Deliverable: Fully Furnished with Brand-new Appliances and Beds
Area: 46.13 SQM"
๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ๐ฃ๐ต๐ฝ 7,000,000.00
(Buyer to shoulders CGT and Transfer Taxes and Expenses)
About the Condominium:
Furnished luxurious units await you at a high-end residential area that is private, peaceful and well within the city center. Situated in Plazaville Subd., Veterans Drive , Busay, Cebu City. Leading tourist destinations, restaurants, premier malls, and major establishments are a few minutes away. All units are incorporated into the Aussie standard of living and offer a magnificent view of the Queen City of the South. Le Menda Residences also offers well-designed
amenities that provide a serene and hassle-free lifestyle.
๐๏ฟฝ๐ฒ๐ป๐ถ๐๐ถ๐ฒ๐:
Pre-function area with seats
Day Care Centre
Community Hall
Gym & Fitness center
Theater Room
Computer/Game Room
Table Tennis/Billiard Room
Swimming Pool
Kiddie Pool
Sauna Room
Changing Room
Outdoor Shower Area
BBQ Area
Decking Area with Pool Beds
The unit is open for condotel enrollment under Hayat Hotel.
About the
Location:
Located in the Plazaville Subdivision on Veterans Drive, Busay Cebu City, it is in proximity to major tourist attractions, dining options, top malls, and significant establishments just a few meters away.
The property, positioned in an elevated region of Busay, Cebu, offers stunning views of the city, mountains, and Mactan Channel. It is only a few minutes from uptown Cebu, where key business areas like Cebu Business Park and Cebu I.T Park are situated.
Busay, known for its popular tourist sites with panoramic views, such as the Temple of Leah and Tops of Cebu, is increasingly attracting the interest of developers and restaurant owners. Consequently, nearby, we are witnessing new developments, including condominium complexes, hotels, additional dining establishments, and soon - a shopping mall.
Note: The owner has added furniture and fixtures, curtains, and mattresses. Hence, the unit is ready for you and for long term lease should you wish it to be rented. 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) 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
Rey Balquin, REB, REA
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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