2 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$185,841
10,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
2
BATHROOMS
2
Description
For Sale: Fully Furnished 2-Bedroom Condo at Avida Towers Riala – Tower 1, Cebu IT Park
Location: Cebu I.T. Park, Cebu City
�
Floor Area: 57 sqm (~613 sq ft)
� Floor Level: 21st Floor with Stunning City Views
Price: ₱10.5 Million (~USD $185,000*)
*USD equivalent is approximate and may vary based on exchange rate.
Live or Invest in Cebu’s Premier Business & Lifestyle District
Own a beautifully furnished 2-bedroom condo in Avida Towers Riala, located at the heart of Cebu IT Park — one of the city’s most vibrant and sought-after addresses. This move-in ready unit is ideal for professionals, small families, or investors looking to tap into the growing demand for short- and long-term rentals in Cebu.
Unit
Highlights:
Fully Furnished – Modern furniture and stylish interiors included
2 Bedrooms | 2 Bathrooms
Generous Layout – 57 sqm of functional living space
21st Floor – Unobstructed panoramic city views
Ready for Occupancy – Start living or earning immediately
Why Cebu IT Park?
Cebu I.T. Park is a premier business hub and lifestyle destination, making this condo a prime spot for rental income or Airbnb hosting.
Walking distance to top offices: Accenture, JP Morgan, IBM, and more
Surrounded by cafes, restaurants, shopping malls & wellness centers
Close to Ayala Malls Central Bloc, SM Cebu, and top schools
Always in demand by expats, tourists, BPO professionals, and digital nomads
� Perfect for:
✔ Real estate investors seeking strong rental yield
✔ Families or professionals wanting a central city home
✔ Airbnb hosts looking for high occupancy and ROI
✔ Individuals wanting a turnkey lifestyle in a prime
location
� Contact us today to schedule a private viewing or get more details. Don’t miss this rare opportunity to own a high-demand condo in Cebu’s most dynamic urban hub!
Disclaimer:
All property information, pricing, and availability are subject to change without prior notice. USD conversion is approximate and may vary based on the current exchange rate. 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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