Back to Cebu, Philippines

2 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu

Cebu, Philippines

Guide Price

$304,519

17,205,300 PHP

PROPERTY TYPE

condo

BEDROOMS

2

BATHROOMS

1

2 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu - Photo 2
2 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu - Photo 3
1/30

Description

Discover Vertex Coast – A Premier Coastal Living Experience in Punta Engaño, Lapu-Lapu City

Experience modern island living at its finest with Vertex Coast Condominium, a distinguished twin-tower development rising along the prestigious Punta Engaño stretch in Lapu-Lapu City, Cebu. Nestled within one of Mactan Island’s most sought-after neighborhoods — surrounded by world-class resort destinations like Mövenpick Cebu, and just moments from Seagrove — Vertex Coast offers a perfect balance of coastal serenity and urban convenience.

Designed by Priland Development Corporation, this mixed-use condominium merges residential comfort and home-office versatility in a prime

location that appeals to homeowners, professionals, investors, and expats alike. With a variety of unit types — from stylish studios to spacious 2-bedroom homes — Vertex Coast is ideal for everyday living, retirement, rental income, or a flexible work-from-home lifestyle.

�𝗩𝗘𝗥𝗧𝗘𝗫 𝗖𝗢𝗔𝗦𝗧 | 𝗣𝗨𝗡𝗧𝗔 𝗘𝗡𝗚𝗔Ñ𝗢 �

Located on the dynamic island of Mactan, Cebu, no area holds more prestige than Punta Engaño—the easternmost tip of the island and home to Cebu’s most premier beach resorts and prime island real estate �

� 𝗞𝗘𝗬 𝗧𝗥𝗔𝗡𝗦𝗣𝗢𝗥𝗧:

� Coast – 3 mins walk

� Market – 5 mins drive

⛵ Yacht Club – 15 mins drive

� Mactan Doctors Hospital – 16 mins drive

✈ Airport – 16 mins drive

⛳ Mactan Golf Club – 25 mins drive

� Cebu City – 46 mins drive

𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗦 & 𝗔𝗠𝗘𝗡𝗜𝗧𝗜𝗘𝗦:

Lobby

� Infinity Pool

� Garden Deck

� Function Room

� Gym

� Commercial Spaces

� Game Room

𝗕𝗨𝗜𝗟𝗗𝗜𝗡𝗚 𝗙𝗟𝗢𝗢𝗥 𝗣𝗟𝗔𝗡:

� Basement & Podium Parking

5F–6F Amenity Floor & Residential Units

� 7F–9F SOHO Units

10F–27F Residential Units

𝗖𝗢𝗠𝗣𝗨𝗧𝗔𝗧𝗜𝗢𝗡:

✔ 10% equity spread over 60 months

✔ 90% balance via bank financing

� 𝗕𝗨𝗬𝗘𝗥'𝗦 𝗣𝗥𝗢𝗠𝗢:

Tower 1 – � ₱50K discount + � NO MOVE-IN FEE

Tower 2 – � ₱30K discount + � NO MOVE-IN FEE Telephone number: View Phone

Location

Open in Google Maps

Living 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
See all Philippines listings

Philippines at a glance

How Philippines scores for American expats

💰Cost of Living
Affordable
🛡️Safety
Use caution
🗣️English Spoken
Widely
🏥Healthcare
Basic
🌬️Air Quality
Poor
📶Internet
Slow
🚶Walkability
Moderate
🚇Transit
Limited

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

Juditha O. Pabu-aya

Next steps for moving to Philippines

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP