1 Bedroom Condo for sale in Solinea by Alveo Land, Luz, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$123,894
7,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Fully Furnished Studio Unit with Parking for Sale in Solinea Cebu Business Park, Cebu City
Own a premium residential unit in one of Cebu City's most prestigious addresses, Solinea at Cebu Business Park. This fully furnished studio unit is ideal for professionals, investors, or buyers looking for a property in a prime central
location with strong rental demand.
Property Details
Location: Solinea Tower 3, Cebu Business Park, Cebu City
Floor: 20th Floor
Floor Area: 26 sqm
Fully Furnished Studio Unit
With Parking Slot
Great City Views
Central
Amenities:
Clubhouse
Lap Pool
Leisure Pool
Children's Pool
Outdoor Living Area
Playground
Landscaped Pocket Parks
Function Rooms
Game Room
Fully Equipped Gym
Outdoor Events Venue
Located in Cebu Business Park with convenient access to Ayala Center Cebu, offices, restaurants, banks, and major establishments. Perfect for personal use or as a high-demand rental investment.
Selling Price: PHP 7,000,000
Capital Gains Tax to be shouldered by the Seller
All other taxes and transfer fees to be shouldered by the Buyer
For Inquiries, Reservations, and Site Viewing, Contact:
Jennive O. Revilla
PRC RES#: 119 S. 2019
DHSUD #: CVRFO-A-02/19-3983 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
Jennive O. Revilla
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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