2 Bedroom Condo for Sale or Rent in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$424,779
24,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
Experience Upscale Living at Avalon Condominium, Cebu Business Park – For Rent or Sale!
Discover this stunning and fully furnished 2-bedroom unit on the 15th floor of Avalon Condominium, boasting a spacious 94 sqm floor area. Located in the prestigious Cebu Business Park, this unit offers convenience and luxury.
Unit
Highlights:
• Fully Furnished: Move right in and enjoy immediate comfort.
• Generous Space: 94 sqm perfect for urban living.
• Two Bedrooms: Ideal for families or those needing a home office.
• Dedicated Parking: A valuable inclusion, located in Basement 3.
Rent or Buy:
• For Rent: PHP 70,000 per month, inclusive of parking.
• For Sale: PHP 24,000,000, inclusive of parking.
First-Class
Amenities for a Modern Lifestyle:
Avalon offers an array of
amenities designed for your relaxation and convenience:
• Recreation: Adult and kiddie swimming pools, viewing roof deck.
• Wellness: Fitness gym and sauna.
• Community: Function rooms, day care center, business center.
• Green Spaces: Manicured gardens and direct access to Cebu Business Park's jogging trails.
Building
Facilities You Can Rely On:
• Professional property management with a solid track record.
• Elegant main lobby and reception area.
• High-speed passenger and heavy-duty service elevators.
• Comprehensive CCTV, fire alarm, and sprinkler systems with fire exits.
• Four levels of basement parking, including visitor parking.
• Individual mailboxes and convenient garbage chutes.
• Reliable 100% back-up power.
• Ready for telephone, cable, and internet connections.
Rental Terms:
• 2 Months Deposit
• 2 Months Advance
• Minimum 1-Year Lease Agreement 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
PHILIPPINE ACCESS SALES NETWORK 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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