Back to Cebu, Philippines

Land for sale in Luka, Cebu, Oslob, Cebu

Cebu, Philippines

Guide Price

$743,363

42,000,000 PHP

PROPERTY TYPE

land

BEDROOMS

1

BATHROOMS

1

Land for sale in Luka, Cebu, Oslob, Cebu - Photo 2
Land for sale in Luka, Cebu, Oslob, Cebu - Photo 3
1/22

Description

Lot area: 10,707 SQ.M COASTAL ESTATE

Only PHP 42M ALL IN (Seller will pay CGT 6%, 3% taxes, 5% broker's fees, other fees)

Dreaming of owning a slice of paradise? This prime beach lot offers the perfect blend of natural beauty, accessibility, and development potential.

100+ meters of pristine beachfront

200+ meters of wide frontage along N. Bacalso Highway

6-meter concrete road from highway to beach

Private boat ramp for easy sea access

Fully fenced for security and privacy

Complete legal documentsβ€”clean and ready for transfer

Whether you're envisioning a resort, retirement haven, or investment property, this coastal treasure is ready to bring your vision to life. Telephone number: View Phone

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) β€” 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) β€” 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 β€” 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

πŸ’°Cost of Living
Affordable
πŸ›‘οΈSafety
Use caution
πŸ—£οΈEnglish Spoken
Widely
πŸ₯Healthcare
Basic
🌬️Air Quality
Poor
πŸ“ΆInternet
Slow
🚢Walkability
Moderate
πŸš‡Transit
Limited

Cost of buying in Philippines

Estimated fees and ongoing costs for this property

Closing Costs

5-8% of purchase price

  • Β·Transfer tax: 0.5-0.75%
  • Β·Documentary stamp: 1.5%
  • Β·Capital gains tax: 6% (seller, but often negotiated)
  • Β·Registration: ~0.25%
  • Β·Notary: ~0.5%

Annual Costs

Property Tax

1-2% of assessed value (varies by city)

Insurance

β‚±5,000-15,000/yr

HOA / Condo Fees

β‚±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 β€” 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 β€” yours.

Contact Agent

Cebu Golden Realty

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 β€” the complete pre-move checklist.

Source

DotProperty.com.ph

Portal listings

Currency

PHP