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 Unmatched 180° Panoramic Views in Cebu City
Location: Meridian by Avenir, Cebu City, Philippines
� Appraised Value: ₱21,000,000
Now Selling for Only: ₱16,000,000 (~USD $283,000*)
*USD conversion is approximate and subject to current exchange rates.
Experience Elevated Living in the Heart of Cebu
Own a rare 2-level penthouse in one of Cebu City’s most strategically located towers—Meridian by Avenir. This beautifully upgraded loft-style unit combines modern comfort with dramatic city views, making it an ideal home or investment for professionals, expats, and investors.
Penthouse
Features:
� Total
Floor Area: 77 sqm (~829 sq ft)
� Fully Furnished – Sophisticated interiors and move-in ready
� Newly Renovated – Clean, modern finishes and well-maintained
� Top Floor, 21st Level – Uninterrupted skyline views
� Corner Unit – Natural light from two directions and extra privacy
� Breathtaking 180° View – Perfect sunrise & sunset scenes daily
Loft-Type Layout – Two-level floor plan for space and style
Prime
Location
Highlights:
� Just steps from Cebu IT Park – Major business and BPO hub
� Next to Upcoming Rockwell Mall – Strong future appreciation
� Surrounded by dining, lifestyle, and commercial centers
✈ Quick access to Cebu’s major roads, hospitals, schools, and malls
� Why Buy This Penthouse?
✔ ₱5M Below Appraisal – Instant equity and value
✔ Rare Unit – Limited penthouse availability in the area
✔ High Rental Demand – Ideal for long-term tenants or Airbnb
✔ Low Maintenance, High Return – Excellent passive income potential
✔ Ultimate City Lifestyle – Live, work, and unwind in one place
Book Your Exclusive Viewing Today
Don’t miss this unique opportunity to own a luxury penthouse in one of Cebu’s most vibrant districts.
� Message us now for a private tour or detailed investment breakdown.
Disclaimer:
All property details, pricing, and availability are subject to change without prior notice. Buyers are encouraged to verify all information and perform their own due diligence. USD amount is approximate based on current exchange rates. 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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