Office for sale in Kasambagan, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$431,329
24,370,079 PHP
PROPERTY TYPE
office
BEDROOMS
1
BATHROOMS
1
Description
Meridian by Avenir is a high-rise home-office condominium development specifically tailored for business and lifestyle needs. Basic
amenities of a luxury condominium such as a lapping pool and a gym were incorporated into the design.
Location:
Situated in between IT Park, and Cebu’s Business District, Meridian offers a prime
location fit for efficient and convenient business and commute.
Meridian by Avenir is situated in what is considered the golden triangle of the business district of Cebu City, near all of Cebu’s major commercial establishments and government institutions as well as the BPO industry, it virtually makes all operational transactions accessible – saving time and money.
Special
Features &
Amenities
Meridian has been made all the more distinctive by its unique and exclusive
amenities and services, customized for lifestyle and business needs. Meridian elevates the home-office concept into an exceptional platform for success that is unmatched in the market.
Designed for adaptability, the design boasts a total of 21 floors, 5 of which are allocated for BPO offices while the upper floor levels are meant to accommodate 170 units of Home Office Suites.
Amenities and
Features
High Parking Ratio
Five High-Speed Elevators
Lobby Lounge
Business Concierge Services
Conference Room
Fitness Gym
Swimming Pool
Gym
24/7 Security
100% Backup Power
Fiber Optics Backbone & Telecom Redundancy 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
Rigor Q. Arellano
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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