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
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 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
Broker Junie Alon, CPA, REB
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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