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Office for sale in Banilad, Cebu, Mandaue, Cebu

Cebu, Philippines

Guide Price

$240,761

13,603,000 PHP

PROPERTY TYPE

office

BEDROOMS

1

BATHROOMS

1

Office for sale in Banilad, Cebu, Mandaue, Cebu - Photo 2
Office for sale in Banilad, Cebu, Mandaue, Cebu - Photo 3
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Description

Office Space for sale in A.S Fortuna, Banilad, Mandaue City Cebu. Astra Corporate Center has

perfected the tasteful fusion of modern living, business and lifestyle, making it the ideal address for office and commercial spaces. A first-class corporate environment, with flexible and efficient workspaces located within a vibrant mixed-use complex.

Surrounded by condominiums, mall, hotel and other recreational spaces make your business more visible to prospective employees and partner.

Floor Area: 83 sq.m

TCP starts: Php 13.6M

**Prices are subject to change without prior notice.

UNIT FINISH / DELIVERABLES

- Bare Concrete (Smooth Finish)

- Exposed concrete under-slab and beam

- Unit to Unit - CHB | Unit to Hallway - Open

- Allotted common toilet and stub outs provision for toilet and pantry (for units with 90sq.m and above)

- 100% Back-up

- Minimum of 2 Providers (Globe and PLDT) Structural Cabling (Voice) - Cat 5e Data Fiber Optic Cable

- Addressable Module and Smoke Detector Automatic Fire Sprinkler System

- Individual High Efficiency VRF - type AC System for with refrigerant line stub-outs (provided by tenants)

UNIQUE BUILDING

FEATURES

- Generous lobby space

- Easy access to adjacent residential and commercial spaces.

- 6-passenger elevator

- 24/7 security and 100% emergency power supply system

- Common area fire detection and alarm system

- Common area closed-circuit TV for security monitoring

- Common M/F restroom every floor

- WIFI access

For inquiries and actual unit showing, please feel free to contact: 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

ELAINE EBCAS

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