1 Bedroom Condo for sale in Mabolo, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$129,204
7,300,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
FOR SALE
2-Storey Fully Furnished Loft Condominium
Mabolo Garden Flats, Cebu City
Ideal for Airbnb | Accommodates Up to 10 Guests | With 2 Years Guaranteed Rental Income
Prime Central
Location – Mabolo, Cebu City
Own a rare loft-style condominium in one of Cebu City’s most strategic and high-demand residential addresses. Located in Mabolo, this property places you within walking distance or a short drive to Cebu’s key commercial and lifestyle hubs:
• Ayala Center Cebu (Cebu Business Park)
• SM City Cebu
• Cebu IT Park
• Major hospitals, schools, and dining destinations
The unit offers panoramic 180-degree views of the sea, mountains, and city skyline from its private balconies — a premium feature that enhances both lifestyle appeal and rental value.
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Property Details
Unit 1512 | Fully Furnished Loft
Floor Area: 47 sqm (approximately 506 sq ft)
Orientation: East-Facing (Morning Sun)
Storeys: 2
Ground Floor
• Living Area
• Dining Area
• Fully Equipped Kitchen
• Toilet and Bath
• Private Balcony
• Storage Area
Second Floor
• Spacious Master’s Bedroom
• Ensuite Toilet and Bath
• Wardrobe Area
• Private Balcony
Designed for maximum functionality and guest capacity, this layout is optimized for Airbnb operations and extended stays, accommodating up to 10 guests comfortably.
Investment
Highlights
• Prime Cebu City
location with strong rental demand
• Ideal for short-term Airbnb and long-term leasing
• High capital appreciation potential
• Developed by Primary Homes, a reputable Cebu-based developer
• Includes 2 Years Guaranteed Rental Income — a rare offering in today’s market
• Fully furnished and ready for immediate occupancy
This property offers both immediate cash flow potential and long-term value growth.
Resort-Style
Amenities
• Infinity Swimming Pool (17th Floor)
• Fitness Gym
• Jogging Path
• Zen Gardens (3rd, 15th, and 24th Floors)
• Roof Deck Lounge
• Children’s Play Area
• Function Rooms
• Ground Floor Commercial Area (Café, Grocery, Professional Offices)
Everything essential for lifestyle comfort and tenant satisfaction is within the development.
Pricing
Market Value: Php 9,000,000
Special Offer: Php 7,300,000
Savings: Php 1,700,000
USD Equivalent: Approximately USD 128,500 (exchange rate may vary)
Cash Option: Php 7,100,000
Flexible in-house financing options available.
Why This Property Stands Out
Loft units in Mabolo Garden Flats are limited and consistently in demand due to their unique layout, high occupancy rate, and strong Airbnb performance. Units with guaranteed rental programs are especially rare, making this an exceptional investment opportunity.
Schedule a Private Viewing
Jet Abellana
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Email: [Request details](mailto:Request details)
Message today to request updated availability, rental projections, and viewing schedules.
Disclaimer: Prices, availability, unit details, financing terms, and currency convers
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
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 — the complete pre-move checklist.
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