Land for sale in Mactan, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$796,460
45,000,000 PHP
PROPERTY TYPE
land
BEDROOMS
1
BATHROOMS
1
Description
� FOR SALE: Prime Commercial Lot in Mactan, Cebu – A Rare High-Value Investment Opportunity!
Unlock limitless possibilities in one of the fastest-growing island destinations in the Philippines. This premium commercial lot is strategically located between Mactan Newtown and the world-class Shangri-La Mactan Resort, just a few steps from the iconic Lapu-Lapu Shrine — a major tourist hotspot visited by thousands each day.
Property Details
Location: Mactan, Lapu-Lapu City, Cebu, Philippines
Lot Area: 1,032 sqm (≈ 11,108 sq. ft.)
Price: ₱45,000,000 (≈ $776,000 USD* or ₱43,605/sqm)
Title Status: Clean Title
This property sits in one of the most sought-after commercial zones in Mactan — a thriving tourism, lifestyle, and business corridor.
� Why This Property Is a Powerful Investment
Situated in an ultra-prime district surrounded by high-end resorts, residential enclaves, and major commercial developments, this lot offers exceptional potential for a variety of income-generating ventures:
� Boutique Hotel / Airbnb Suites
Serviced Apartments
� Retail Strip or Lifestyle Center
� Mixed-Use Commercial Complex
� Modern Apartment or Condo Development
With high tourist foot traffic and strong demand from expats, travelers, and locals, this
location guarantees long-term appreciation and strong rental yield.
Why Invest in Mactan, Cebu?
✈ 15 minutes to Mactan-Cebu International Airport (MCIA)
� Surrounded by Shangri-La, Mövenpick, Be Resorts, and elite beach resorts
� Walking distance to commercial hubs and thriving expat communities
� Rapidly expanding tourism and real estate sectors
� Huge demand for hotels, retail, commercial spaces, and residential rentals
� Perfect blend of tropical island lifestyle + urban convenience
Mactan continues to be one of Cebu’s strongest and most resilient real estate markets — making it ideal for both long-term and short-term investments.
� Inquire Today
Secure your stake in Cebu’s booming investment landscape. Schedule a private site viewing and explore the incredible possibilities this prime commercial lot offers.
Mobile | Viber: View Phone
� WhatsApp: https://wa.me/ View Phone
Disclaimer
All property details, pricing, availability, and currency conversions are subject to change without prior notice. USD values are approximate and based on current exchange rates.
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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