2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$203,540
11,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
οΏ½ For Sale: Fully Furnished 2-Bedroom Condo at Avida Towers Riala, Tower 1 β Cebu I.T. Park
Prime
Location | High Rental Yield | Move-In Ready
Property Details
Floor Area: 57 sqm (β 613 sq. ft.)
Floor Level: 21st Floor β Panoramic Cebu City Views
Asking Price: β±11,500,000
Property
Highlights
Prime Cebu I.T. Park
Location β Nestled in Cebuβs leading business and lifestyle hub, surrounded by BPO offices, shopping centers, cafes, and entertainment spots.
Fully Furnished & Move-In Ready β Thoughtfully designed with modern, stylish interiors and complete furniture, ideal for end-use or rental.
High Rental & Airbnb Demand β A hotspot for young professionals, expats, and tourists, ensuring consistent income potential.
Stunning City Views β Perched on the 21st floor, offering unobstructed skyline views.
Key
Features
2 Bedrooms β Perfect for individuals, couples, or small families
57 sqm Spacious Layout β Well-planned for comfort and convenience
Modern Furnishings β Fully equipped and ready to use
Strong
Accessibility β Walking distance to Ayala Central Bloc, SM Cebu, Accenture, JP Morgan, Teleperformance, and top dining spots
οΏ½
Why Choose This Condo?
Strategic
Location β Situated at the heart of Cebuβs prime business hub, ensuring easy access to everything you need for work and lifestyle.
Investor-Friendly β Excellent opportunity for long-term rentals or Airbnb with strong ROI potential.
Convenient Living β Move in immediately or start generating income right away.
Secure Your Investment Today
This fully furnished 2-bedroom condo in Avida Towers Riala, Tower 1 is a rare find in Cebu I.T. Parkβperfect as your new home, a reliable rental property, or a profitable Airbnb investment.
Contact us now to schedule a private viewing or learn more
about this prime opportunity in Cebu City!
Disclaimer: Prices, availability, and
property details are subject to change without prior notice. USD conversion is approximate. 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) β 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) β requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesβKey Fact
English is an official language and widely spoken β 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 AbroadβPhilippines 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
- Β·Transfer tax: 0.5-0.75%
- Β·Documentary stamp: 1.5%
- Β·Capital gains tax: 6% (seller, but often negotiated)
- Β·Registration: ~0.25%
- Β·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
β±5,000-15,000/yr
HOA / Condo Fees
β±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 β 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 β yours.
Contact Agent
PH PRO REALTY
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 β the complete pre-move checklist.
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