The average price (2016) of a house and lot for sale in Cebu City is ~PHP 13,300,000 or PHP 63,400 per square meter.
There are five public or government-run hospitals in Cebu City. They are Vicente Sotto Memorial Medical Center, Cebu City Medical Center, Camp Lapulapu Army Station Hospital, Saint Anthony Mother and Child Hospital, and PNP Station Hospital.
On the other hand, there are 10 private hospitals in Cebu City: Chong Hua Hospital, Cebu Doctors’ Hospital, Cebu Velez General Hospital, Perpetual Succour Hospital of Cebu, Visayas Community Medical Center, Sacred Heart Hospital, Cebu North General Hospital, H.W. Miller Memorial Sanitarium and Hospital, St. Vincent General Hospital, and Cebu Puericulture Center and Maternity Hospital.
There are 206 privately run schools and other learning institutions in Cebu City. These include private colleges and universities, review centers, private pre-schools, and others.
The Visayas Region is most associated with the province of Cebu. Its capital, Cebu City, rivals Metro Manila in terms of infrastructure, facilities, and commercial establishments.
One advantage of buying a house and lot for sale in Cebu over buying in the capital is that the city doubles as a popular vacation destination. Residents of the Metro need to travel for at least two hours to the neighboring provinces of Batangas or Cavite for a weekend getaway. Residents of the city already have many beaches and resorts easily accessible in the nearby locales. This is why the city continues to be one of the most desired places in the Philippines to live in.
As the most developed city in the province, the city is not only the center of culture and finance, but also of education. Its notable schools include the University of the Philippines Cebu and the University of San Carlos. As the country’s oldest city, it is deeply rooted in history. Magellan’s Cross is mentioned in all history books, and is its most popular landmark.
Cebu City is a place for everyone. Professionals looking to establish themselves in various industries can practice their trade in the city’s different economic zones and countless business parks.
The city is also an optimal location to buy a house and lot for those in need of daily living at a more relaxed pace. There are many places aside from the many beautiful beaches where one can get away to. For example, Fort Santiago and the Cebu Taoist Temple are nice spots to get some peace and quiet, yet they remain within reasonable distance from any needed
urban convenience. The city is a good balance between fast-paced and laid back.
The city has something is store for every member of the family. There are golf courses for the man of the family, lively night spots for the young adults, and shopping malls for the working or house wife.
While comparable to Metro Manila in terms of development, the city is a little bit more giving in terms of residential space. Lots for sale in Cebu City are more easily available than in the capital, and there are plenty of quality and affordable houses for sale that renting is the less necessary option.
Investors looking to buy a house will be quite pleased knowing there are plenty of properties currently available on the market. For those working with strict finances, a townhouse for sale can go for as low as PHP 3 million. For those who are more financially sound, a huge house in Silver Hills can be bought for PHP 22 million. Properties in this subdivision are located close to the city’s central business district. This is why one should expect prices at a more premium rate. However, it capital value is expected to increase further over the next few years, so buying a house here would be good investment to make in the long run.
Are there any foreclosed house and lots for sale in Cebu?
Yes, there are foreclosed house and lots for sale in Cebu. Foreclosures sell for below market value, making it an affordable way to buy property.
Are there any cheap house and lots for sale in Cebu?
Yes, you can find over 93 cheap house and lots for sale in Cebu. Though these properties cost less than Php 7,500,000, they’re high-quality structures situated in prime locations across Cebu City.
Are there any single-family house and lots for sale in Cebu?
Yes, you can take your pick from over 712 single-family house and lots for sale in Cebu. Single-family properties include one main dwelling unit separated by open space, except for a shed or garage.
Amid the fast growth of Metro Cebu, it is undeniable that the metro area has maintained and actually enriched its culture and tourism. Alongside harnessing the city’s business potential in various industries, such as trade, manufacturing, business process outsourcing (BPO), and real estate, the metro area still continues to cement its position as a vibrant tourism hub.
Big things are in store for the Queen City of the South as these top business parks continue to raise the bar for office space development in Cebu.
The Home Development Mutual Fund (HDMF) or more popularly known as the Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya, at Gobyerno Fund or the PAG-IBIG Fund is a fund dedicated to the creation and establishment of a national savings program and an affordable shelter financing scheme for Filipinos.