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Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu

Cebu, Philippines

Guide Price

$138,907

7,848,252 PHP

PROPERTY TYPE

condo

BEDROOMS

1

BATHROOMS

1

Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 2
Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu - Photo 3
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Description

The Wave Towers: Where Japanese Elegance Meets Cebu’s Urban Pulse

Rooted in Japanese elegance and rising in the heart of Cebu, The Wave Towers is a landmark development that merges minimalist design, premium comfort, and dynamic city living. A collaboration between Cebu Landmasters Inc. and global real estate leader NTT UD Asia, this two-tower residential project sets a new benchmark in sophisticated urban living. Located within Cebu I.T. Park, The Wave Towers puts you right at the center of Cebu’s premier business and lifestyle district—surrounded by upscale retail, leading schools, hospitals, and top-tier offices.

The Wave Towers is designed to reflect a seamless fusion of Filipino warmth and Japanese precision. This 40-storey residential tower offers a modern urban sanctuary with over 709 thoughtfully designed units, a podium for retail shops, and a curated selection of wellness and lifestyle

amenities across multiple floors.

Development Key Details:

No. of Towers: 2 (Tower 1 now launching)

No. of Floors: 40 storeys per tower

Total Residential Floors: 35

No. of Units: 709

Unit Types Offered:

Studio Units (23.79–31.53 sqm)

1-Bedroom Junior (37.82–38.54 sqm)

1-Bedroom (48–58.54 sqm)

2-Bedroom Junior (66–71 sqm)

2-Bedroom (76–97.22 sqm)

3-Bedroom (103.59–182.08 sqm)

Target Completion: July 31, 2030

Location: India Street, Cebu I.T. Park, Cebu City

Unit

Features & Deliverables:

-All units are delivered with premium finishes and modern conveniences:

-Solid main door with electronic smart lockset

-Painted walls and partitions

-Porcelain tile flooring (living, kitchen, bath); Luxury Vinyl Tile in bedrooms

-Kitchen with stone countertop, top and base cabinets, rangehood, and integrated shoe cabinet

-Premium Toto-branded bathroom fixtures and glass shower enclosures

-Balcony (for selected units) with swing glass door and non-skid tiles

-Split-type air-conditioning units

-Fire detection & sprinkler system

-Provisions for water heater, washer/dryer, and CATV

-Intercom and data-ready connections

Building

Features &

Amenities:

-6th Floor

Amenities:

-Function Hall

-Theater Room

-Swimming Pool (Lap, Lounge, and Kid’s Pool)

-Sauna & Spa

-Japanese Garden

-Lounge Hall

-Kids’ Room

-Prayer Pavilion

-Outdoor Showers

37th Floor Sky

Amenities:

-Fitness Gym

-Library Lounge

Other

Features:

-Retail Podium at Ground Level

-Japanese Garden Chapel

-Pool Deck and Pavilion

-Multiple Viewing Options (Amenity, City, Mountain Views)

Location Proximity:

Strategically located in Cebu I.T. Park with key establishments

nearby:

-220 m – Ayala Central Bloc

-1.1 km – Cebu Country Club

-1.3 km – Banilad Town Centre

-2.1 km – University of Cebu Banilad

-2.7 km – Ayala Center Cebu

-3.1 km – SM City Cebu / Chong Hua Hospital

-3.5 km – Perpetual Succor Hospital

-11.7 km – Mactan-Cebu International Airport

Price Range:

Whether you’re looking for a compact city pad or a spacious family home, The Wave Towers offers a wide rang

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

Broker Junie Alon, CPA, REB

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