Condo for sale in The Padgett Place, Lahug, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$217,541
12,291,071 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐ฃ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐ ๐ก๐ฎ๏ฟฝ๐ฒ: ๐ฃ๐ฎ๐ฑ๐ด๐ฒ๐๐ ๐ฃ๐น๐ฎ๐ฐ๐ฒ ๐๐ฒ๐ฏ๐
Location: Molave St, Cebu City
๐จ๐ก๐๐ง ๐๐๐ง๐๐๐๐ฆ
2 Bedrooms Unit
Toilet and Bath
Living, Dining, and Kitchen Areas
Floor Area: 79 sq.m
๐๐๐๐๐ฉ๐๐ฅ๐๐๐๐๐ฆ
Toilet and Bath Lavatories & Accessories
Kitchen Counter and Cabinets
Unit Furnishing - As is where is
Unit Ineroom(Annunciator)
Ducted Range Hood
๐ฆ๐๐ ๐ฃ๐๐ ๐๐ข๐ ๐ฃ๐จ๐ง๐๐ง๐๐ข๐ก
Total List Price (TLP): Php12,291,071.00
Buyers PROMO: Php2,000,000.00
Total Discounted Price: Php12,040,553.00(Including VAT & 5& Fees)
Reservation Fee: Php50,000.00
5% Spot Downpayment: Php552,027.00
20% Equity / Downpayment: Php2,408,110 payable up to 24 months at 100,337/month
75% Balance Loanable Through Bank Financing Php9,030,415.00
๐๐๐๐ถ๏ฟฝ๐ฎ๐๐ฒ๐ฑ ๐ ๐ผ๐ป๐๐ต๐น๐ ๐๏ฟฝ๐ผ๐ฟ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป:
20years @ 70,012/month
15years @ 81,167/month
10years @ 104,850/month
5years @ 178,813/month
๐ก๐ข๐ง๐
Prices are Subject to Change without Prior Notice.
๐๐ ๐๐ก๐๐ง๐๐๐ฆ
Air Conditioning
BBQ Area
CCTV
Fitness
Garden
Parking
Playground
Security
Swimming Pool
๐๐๐ฆ๐ง๐๐ก๐๐ ๐๐ฅ๐ข๐ ๐๐๐ฅ๐ฃ๐ข๐ฅ๐ง
Mactan-Cebu International Airport (8.82 km)
๐๐๐ฆ๐ฌ ๐๐๐๐๐ฆ๐ฆ ๐ง๐ข
BPI (0.25 km)
Perpetual Succour Hospital (0.77 km)
Chong Hua Hospital (1.67 km)
Vicente Sotto Memorial Medical Center (1.82 km)
๐ก๐๐๐ฅ๐๐ฌ ๐ฃ๐๐๐๐๐ฆ
UP Cebu (0.22 km)
Ayala Center Cebu (0.77 km)
University Of Cebu (2.81 km)
The Padgett Place Cebu Condo offers serviced deluxe accommodation for everyone who prefers private and luxury living. Each unit
features spacious living and dining areas, cozy bedrooms, and a fully equipped kitchen, endowing comfort and convenience.
Located at the heart of the Lahug area, right beside the campus of the University of the Philippines Cebu College. Being at the heart of Lahug city, it provides easy access to malls, hospitals, churches, lifestyle and business centers, as well as tourist attractions; enabling guests to better explore what Cebu has to offer. Should they wish to just stay in, thereโs a lush green zone to enjoy quiet moments.
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
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) โ 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) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ 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 AbroadโPhilippines 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
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/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 โ 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 โ yours.
Contact Agent
Home and Investment Partners
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 โ the complete pre-move checklist.
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