2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$182,301
10,300,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
FOR SALE | Fully Furnished 2-Bedroom Condo in Avida Towers Riala, Cebu IT Park – Prime Urban Living & High-ROI Investment
Discover modern city living at its finest with this move-in-ready 2-bedroom condo located in Avida Towers Riala, Tower 1, right in the heart of Cebu IT Park—one of Cebu’s most vibrant business and lifestyle districts.
Perfect for end-users, expats, digital nomads, and property investors, this beautifully furnished unit combines comfort, convenience, and strong income potential in one of the city’s most in-demand locations.
PROPERTY DETAILS
• Investment Value: ₱10,500,000 (Approx. USD $179,500) – Negotiable, net of taxes
•
Location: Tower 1, Avida Towers Riala, Cebu IT Park, Cebu City
•
Floor Area: 57 sqm (≈ 613 sq ft)
• Includes: 1 Stock Room
• Fully Furnished: Move-in-ready and tastefully designed
Experience Elevated Urban Living
Step into a thoughtfully designed home with modern interiors, complete furnishings, and a layout that maximizes both space and comfort. Whether you're settling down or planning to rent it out, this condo delivers a lifestyle of ease, convenience, and premium city living.
Imagine waking up in a bustling yet beautifully organized district, surrounded by cafés, restaurants, corporate hubs, wellness centers, and top-tier entertainment options—all just steps away from your home.
WHY THIS PROPERTY IS A SMART INVESTMENT
✔ Prime Business District
Location
Located within Cebu IT Park, a top choice for local professionals, expatriates, and BPO executives.
✔ High Rental Yield & Strong Demand
Units in Riala are consistently sought after—making it ideal for investors aiming for passive income.
✔ Trusted Ayala Land Development
Enjoy long-term value appreciation and world-class community planning.
✔ Fully Furnished & Move-In Ready
Perfect for end-users or investors wanting immediate occupancy or rental returns.
✔ Lifestyle Convenience
Everything you need—workplaces, malls, dining, fitness centers, supermarkets—is within walking distance.
IDEAL FOR:
• Local & foreign investors seeking solid long-term returns
• Expats relocating to Cebu’s most connected district
• Young professionals seeking convenience and security
• Small families looking for a modern, walkable community
BOOK A PRIVATE VIEWING TODAY
Experience why Avida Towers Riala remains one of the most desirable addresses in Cebu.
Contact us for a virtual tour, onsite viewing, or complete investment computation.
Disclaimer: All property details, pricing, and availability are subject to change without prior notice. Floor areas and USD conversions are estimates. Please contact for the latest updates. 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
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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