// posted October 14th, 2012

Condo Cebu, Philippines


Intro

Each and every one of us has its own biggest dream in life, most likely having a dream house in the future which we can call our own.  Working so hard for the money needs to be paid off, and one of the best awards you could have for yourself is definitely having a home you can call your own.  A nice comfy home where you feel safe and sound.

Choosing a home depends on one’s preference and way of living whether you are single or with family. Some would prefer to have a simple home while others wish to have a big home like a mansion.

Possibly your first consideration would be the location, some people wants a city living, others would prefer to be on a countryside, some would prefer on the top of a hill while others want a retirement home in a beach.  Still whatever choice you make, you have to remember this will be your safe haven, a perfect place for you to relax and the fruit of your labor, so a wise choice has to be made.

This article aims to assist and serve readers who are interested in choosing or buying a home, specifically a condominium in Cebu area.

About Cebu City

Cebu City is located in the central eastern coast of Cebu province.  Cebu City is the leading city in the Central Visayas.  It is also the second largest city in the country which maintains excellent productivity in terms of commerce, tourism and exports.  

Palawan property

One of the assets of Cebu is there strategic location, it rarely experience typhoon, and currently has no active volcano.  The city offers many business opportunities and tourist spots, some people around the Philippines and even from other countries are migrating to Cebu.  This what makes real estate investments in Cebu very successful.

Cebu is one of prime tourist destinations in the country and considered to be one of the  highly growing provinces in the Philippines.  There is so much in Cebu why local and foreign people find themselves staying in there either for leisure or for good.

The capital of the province is Cebu City which is recognized as the second most significant metropolitan center and is said to be rich with historical value.  As a matter of fact Cebu is considered to be one the oldest settlement established by the Spaniards in the country.

The province of Cebu holds the country’s main domestic shipping port, the port serves about 80% of the Philippine’s shipping companies. Thus providing more jobs and business opportunities in Cebu.  Cebu also holds the second largest international flights in the country which plays a very important role in the area of business trade and industry in the neighboring islands in Visayas and Mindanao.

Moreover Cebu has lots of fascinating beaches and places perfect for visitors and residents alike which they can relax enjoy and have fun.  Either in the bustling city of Cebu or the quiet and peaceful rural side of the province, Cebu is perfectly an excellent location for local and foreign people to make it their second or even a permanent home.

Top 5 Facts

  • The population of Cebu in 2007 was 2,440,120.
  • The majority of its population are Roman Catholic.
  • Between the 13th and 16th century Cebu then known as Zubu (or Sugbo) was an island inhabited by Hindu, animist and Muslim ruled by Rajahs and Datus.
  • Cebu, being one of the most densely populated island in the Philippines, served as a Japanese base during their occupation in World War II.
  • The city receives its electricity from an interconnection grid with the Leyte and Negros Geothermal Power Plants which also powers majority of the Visayan Islands.

Condominiums in Cebu 

Considering Cebu as one of the major tourist destinations in the country, thousands of tourists come and visits Cebu each year.  Choosing where to stay in Cebu is quite easy, and for people who visit a lot in Cebu whether for a short time vacation or for business, staying in a condominium would be a better idea.  Cebu is more convenient for travelers especially for expats and foreign businessmen since it holds the second international flights in the country, so if you’re looking for perfect accommodation you may also consider and try staying in a condo Cebu.

Living or staying in a condo temporarily is more advantage than any other home.  It offers a lot of convenience for working, visiting and travelling, whether it is rented or owned.

Elegant living can be yours if you buy and live in a condominium.  Condos in Cebu are one of the best places to stay in, usually these condos offers an excellent and high quality units that gives a clean city living like no other.  There are a lot of luxurious but affordable condo units in Cebu depending on your lifestyle and preferences.  For instance, those who love the Japanese ambiance and peaceful living, better consider staying in a modern-Zen inspired units located in Guadalupe Cebu.  If you are looking for a low cost but with high quality condo units you can also try those in Baywalk, Talisay Cebu.

For nature lovers who prefer to stay near the beach and want to experience resort-like living, condos in Cebu are found in Lapu-lapu and Mactan Cebu.  These types of condos are perfect for individual or couples with one or two kids.  It offers two cozy bedrooms and a bath.  The floor area is fifty one square meters while the lot area is forty square meters which provides a wider space for you to unwind and relax.  The units are very affordable offered at very low price of 1.2 million pesos.  Other condo Cebu is found in Lilloan Cebu which is very much ideal for bachelors or bachelorettes who are looking for a more exclusive place to stay in.  This condo unit is  smaller than the first one but still very much comfortable and also located near beach.  The best thing is, it is brand new unit  with one bedroom and a bath and can be yours on a rent-to-own basis.  This condo unit is offered as low as eight hundred plus thousand pesos only.

For those who want a wider unit and desire a more spacious one, you can find this type of unit at Lapu-lapu City in Cebu.  It is a two storey unit with 4 bedrooms and 2 baths, with one hundred seventy two square meters, with a carport; the best part is, it is located near the beach thus perfect for your family to unwind and have fun. This unit is offered only at 3.6 million pesos.

Living in a condo Cebu is of great convenience, considering most units are well planned and is located near shopping malls, restaurants, entertainment places and others .  Thus, serving you with what you need in just few steps away.

Helpful Tips to Buy Condo Units

For those who want to buy or own a condominium unit, give yourself a time in choosing.  You must consider every other side in choosing a condo.  Take into account your budget, preferences, style and  the quality of the condo itself.  It’s always a relief getting what you really want that suits your standards.

Owning a condo unit is not easy, financially speaking it would cost you a big investment.  Would it be great to know that you're on the right hand?  Thus put into consideration as well specially your safety.  Know about the construction itself or better yet talk to some developers or engineers.  Be wise and make sure your hard earned money will not put into waste.

Rent or Buy?

Buying a Condo unit is easy, it can be yours by way of bank financing or in cash payment.  You may also avail the Pag-Ibig housing loan from the Home Development Mutual Fund of the government.  However, this type of loan is made available to Pag-Ibig members only.  Pag-Ibig Housing Loan is also available for Overseas Filipino Workers (OFW).  For more information regarding Pag-Ibig Housing Loan and its processes, you may contact us.

If you wish to stay in a condo in Cebu just  for a couple of days , you may also consider renting a condo unit.  Cebu condos has a lot to choose from depending on your need trend and specially your budget.  Prices may vary depending on your length of stay perhaps you may choose to stay long term or short term.  Cebu condo prices may differ depending on its quality and location.  Cebu condos for rent usually ranging from as low as 10,000  pesos to 85,000 pesos or even more depending on the unit size location and availability of amenities.


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Stefane Anub, Lead Broker
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