2 Bedroom Condo for sale in Punta Engaño, Cebu, Lapu-Lapu, Cebu
Cebu, Philippines
Guide Price
$992,944
56,101,325 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
Name of Project : The Residences at Sheraton - 2 Bedroom
A sanctuary of elevated living, set amid breathtaking natural sorroundings. The Residences at The Sheraton Cebu Mactan Resort offers an unparalled world of luxury and convenience for the highly discerning. Stunning beaches, an array of exhilarating activities and fascinating cultural experiences are all within reach, allowing residents to enjoy the best of resort style living in a sanctuary of tranquility and beauty.
The Residences at The Sheraton Cebu Mactan Resort seamlessly combines contemporary design with tropical aesthetics and local touches to create unparalleled dwellings of exceptional beauty. The world-renowned Blink Design Group, which specializes in creating luxury hotels and resorts, took inspiration from the surrounding cliffs, beaches and exposed rocks in formulating the residences’ stylish look. Blink’s thoughtful and innovative process has ensured that even the smallest details meet global standards and that living here will be a luxurious experience like no other. The impressive 22-storey main tower
features a beautiful open-air, resort-style lobby and has a maximum of six residences per wing, for a total of 154 private units. In addition, 36 well-appointed courtyard pool units are available. Decadent steam rooms, a state-of-the-art fitness center, an exclusive courtyard garden and pool lounge, a dedicated
amenities floor, and a host of other inventive
features grant residents access to the ultimate lavish lifestyle.
Landmarks/Accessibilty
5 minutes drive going to Shangri-La Mactan Resort and Spa
5 minutes drive going to Movein Pick Hotel Mactan Cebu
20 minutes drive going to Mactan Cebu International Airport
PROPERTY DETAILS/FEATURES
Floor Area : 161sq.m
2 Bedroom
2Toilet And Bath
Living Area
Dining Area
Balcony
Refrigerator
Air Conditioning
Induction Cooktop And Range Hood
Oven
Built-in Cabinets
Washer And Dryer Area
AMENITIES
Residential Lobby
Courtyard’s Large Lagoon Pools
Fully Fitted Fitness Center
Separate Male And Female Steam Rooms
Residents’ Lounge
Multi-purpose Function Room
Kids’ Room
Access To Private Beach Club
Director Of Residential Services
Mailbox Area
Four Dedicated Residential-tower Passenger Elevators
Service Elevator
Dedicated Parking
Director Of Residential Services
Reception
Doorman
Security
Access To All Resort Services And
Amenities With Signing Privileges
Cleaning, Maintenance And Repair Of Residential Common Areas
Maintenance And Landscaping
Personal Fitness Trainers
Spg Gold Card Status For Five Years, Good For Use At Starwood Properties Worldwide
Residents’ Card That Offers Access To Resort
Facilities And Special Discounts
In-residence Housekeeping
Laundry/dry Cleaning/pressing/seamstress
In-residence Botanical Service
24-hour In-residence Maintenance
24-hour In-residence Dining
In-residence Catering
Grocery Shopping And Delivery
Business Center
Personal Assistant/secretarial Services
Cour
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
Cebu DreamHome Investments
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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