3 Bedroom Condo for sale in Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$318,584
18,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
3
BATHROOMS
3
Description
FOR SALE: Fully-Furnished Corner 3-Bedroom Unit with Parking
Avalon Condominium – Ayala Cebu Business Park
Prime
Location — Directly Across Ayala Center Cebu
Location: Avalon Condominium, Cebu Business Park
Floor Area: 128 sqm (Corner Unit)
Selling Price: 18,000,000 NET
Property
Highlights
• 3 spacious bedrooms
• 2 bathrooms
• Separate maid’s room
• Laundry area
• 1 parking slot (Basement 1)
• Fully furnished with premium imported pieces
• Rare corner unit offering more natural light and ventilation
Why This Unit is a Top Investment
Located right in the heart of Cebu’s premier business district, this unit is steps away from:
• Ayala Center Cebu (directly across)
• Ayala Business Towers and corporate offices
• Restaurants, cafés, supermarkets, and lifestyle centers
• Top hotels, banks, and wellness centers
• Major transport hubs
Everything you need is just a short walk — convenience at its finest.
Luxury Furnishings Included
Living & Dining:
• Versace living room set
• Versace dining set (1 table + 2 armchairs + 6 chairs)
• Entertainment set with 55” TV
• Spanish living room set (1 chair, 1 sofa, 1 love seat, 2 side tables)
• Italian décor pieces (lamp shades, fruit frame, flower vase, cocktail table, tray centerpiece)
Kitchen & Laundry:
• Refrigerator
• Microwave
• Electric range
• Washer and dryer
• Water dispenser
Bedrooms:
• 4 air-conditioning units
• Italian master bedroom set
• Bedroom sets for both additional rooms
Building
Amenities
• Swimming pool
• Sauna
• Fully equipped gym
• Conference room
• Kids’ playroom
• Rooftop garden with stunning 360-degree city views
Perfect For:
• End-users seeking upscale city living
• Investors targeting rental demand in Cebu Business Park
• OFWs and expats wanting a ready-for-move-in luxury unit
For inquiries or to schedule a viewing:
Kindly send a message or contact me directly 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
Aileen Ferrer
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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