3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$318,584
18,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
2
Description
This is a 3-bedroom fully furnished unit that is available for sale in Avalon condominium. The unit comes with free parking and a maid's room.
Avalon is located right in the very heart of Cebu Business Park, one of two major business hubs in Cebu City. It is also located just across Ayala Mall, one of the premier malls in the Philippines.
Amenities include:
Adult and kiddie swimming pools
Main Lobby & Reception area
Function Rooms
Fitness Gym & Sauna
Landscaped gardens
Daycare Center
Business Center
3 High Speed Passenger Elevator units
1 Heavy Duty Service Elevator Unit
24/7 Security & Closed Circuit Television (CCTV) system
Top of the line fire alarm and sprinkler system with fire exits
100% Back-up power generation
Centrally located garbage system per floor
Individual Mailbox for each unit
4 Levels Basement Parking with parking allocation for visitors parking slots
Manicured gardens & park jogging trails at the Cebu Business Park
Perimeter Fence
ISO-Certified Property Management with solid track record
IMPORTANT: price does not include taxes for the transfer of the title.
Additional charges may range between Php 1,600,000.00 to Php 1,800,000.00
For site viewing of the property, please do not hesitate to contact yours truly. Thank you and God bless. 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
Eric Michael Dela Torre
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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