5 Bedroom House for sale in Pagsabungan, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$176,991
10,000,000 PHP
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
4
Description
Discover the potential of this corner lot with a 2-storey house and attic, ideally located in Canduman, Mandaue City. With its strategic location, this property offers immense opportunities for both commercial and residential purposes. Whether you envision a convenience store, restaurant, or boarding house on the ground floor and residential living above, this property is a versatile investment awaiting your vision.
Property Details:
-Location: Corner Lot in H Abellana extension, Mandaue City
-Lot Area: 263 sqm
-Floor Area: 600 sqm
-Property Type: 2-Storey House with Attic
-Bedrooms: 5 (including 2 spacious ground floor rooms)
-Attic: Wide space with beds and a toilet & bath
-Bathrooms:4
-Carpark: Current space for 2 cars
Additional
Features:
-Dirty kitchen at the back
-Clean title
-Estimated property age: 20 years
Highlights: This corner lot is highly accessible from major roads, including N. Bacalso Road and H. Abellana Street. Its strategic
location makes it perfect for various uses:
Ground floor: Suitable for a convenience store, restaurant, or other commercial ventures.
Upper floors: Ideal for a residential setup like a boarding house or personal residence.
Nearby
Amenities:
-Savemore Canduman: 150 meters away
-Wet Market: 200 meters away
-French-Filipino School - Maternelle Academy: 200 meters away
-Sacred Heart School - Ateneo de Cebu: 12 minutes away
-Gaisano Grandmall Basak: 500 meters away
-Metro Gaisano Canduman: 1 kilometer away
Condition of the Property: The house, though needing renovation, is in decent condition. Minimal renovation costs can transform this property into a prime commercial or residential space.
Asking Price: PHP 10,000,000 (Net)
Why Choose This Property?
-Corner lot with excellent
accessibility
-Potential for high returns through commercial and residential use
-Proximity to schools, markets, malls, and other essential establishments
-Clean title ensuring smooth transaction
Invest in this strategically located property in Canduman, Mandaue City. Whether for commercial, residential, or mixed-use purposes, this property is your canvas for a valuable and sustainable investment. Contact us today to schedule a viewing and take the first step towards owning this versatile property. 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
Broker Junie Alon, CPA, REB
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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