1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$246,004
13,899,200 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
� Soon to Rise in Cebu IT Park – THE WAVE TOWERS �
Experience world-class living with the newest residential landmark in Cebu IT Park, launched July 2025 by Cebu Landmasters Inc. (CLI) in partnership with Japan’s NTT Urban Development Asia (NTTUD).
Location: India Street, Cebu IT Park
Target Completion: 2030
Towers: 2 high-rise buildings
Tower 1 – Nagomi Tower: 40 floors, 709 premium units
Unit Options:
• Studio – 24–31 sqm (₱7M–₱9.5M)
• 1-Bedroom – 38–58 sqm (₱11M–₱17.7M)
• 2-Bedroom – 67–97 sqm (₱20M–₱30.8M)
• 3-Bedroom – 103–182 sqm (₱33M–₱54.7M)
� World-Class
Amenities:
• 6th Floor Deck – Pool complex, spa & sauna, Japanese garden, gym, kids’ play area, game room
• 37th Floor Sky Deck – Lounge library, wellness gym, open-air viewing deck with panoramic views
• Retail Podium – Japanese restaurants, sake bars, specialty shops
� Inspired Design:
• Japanese minimalist aesthetics + Cebuano craftsmanship
• Smart-ready homes with digital locksets, intercoms, and Japanese-brand fixtures
This is CLI’s first international joint venture and NTTUD’s Philippine debut, bringing Japanese precision to Cebu’s skyline.
1 BEDROOM UNIT
List Price: Php 13,899,200.00
Less 8% Spot Cash Discount Php 1,111,936.00
Net List Price: Php 12,787,264.00
Transfer & Registration Charges Php 1,111,936.00
Net Total
Selling Price: Php 13,899,200.00
Reservation Fee: Php 80,000.00
Spot Cash including TC within 30 Days after reservation Php 13,819,200.00
Interested? For more details and unit viewing,
Christopher T. Plamos, REA, REB
Real Estate Broker PRC License No. 31369
Real Estate Appraiser PRC License No. 9633
Disclaimer: The availability of the unit as well as the price may change without prior notice.
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
Christopher T. Plamos, REA, 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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