Regarded as one of the fastest-growing provinces in the country, Cebu is an island filled to the brim with culture, history, a thriving economy, and diverse natural resources. Located in Region VII, commonly known as Central Visayas, it has a land area of 1,908.78 square miles and a population of 2,619,362 according to the 2010 census. The province is made up of six (6) cities namely:
Cebu City, the province’s capital, is called the “Queen City of the South” because it is the center of trade, finance, tourism, and education in the Visayas region. It is also considered the Philippines’ Seat of Christianity because it was the first city to be introduced to Roman Catholicism.
Several historical and natural destinations can be found here, making it one of the top tourist destinations in the Philippines. It’s also fast becoming a desirable residential area, especially for people who want to balance their work lives and their leisure time. The property that embodies that live-work-play concept the best is a condominium development, and there are plenty of options for a condo for sale in Cebu.
Because of the growing economy and rapid urbanization, the total population of the province is rapidly increasing. Locals and foreign expatriates go here in search of future business ventures and job opportunities. Local and international real estate properties have been conceptualizing and constructing residential properties, particularly condominiums, especially in and near the Cebu Metropolitan Area.
For individuals who are thinking of purchasing a condominium in the province for a variety of reasons, such as investments and/or personal use, buying a condominium in the province of Cebu is highly recommended.
Since it is home to advanced infrastructures and finance centers, living here is just like living in Metro Manila. With its thriving economy and amazing sceneries, it is a place where one can enjoy both the city and nature.
There are plenty of options for a condo for sale in Cebu that suits just about every budget and lifestyle. On the most affordable end of the spectrum, there are studio and one-bedroom condo units in areas like Mandaue and Lapu-Lapu City that sell for as low as Php 800,000. If you’re in the market for a mid-price condo for sale in Cebu, you can find one-bedroom and two-bedroom units for around Php 4,000,000 and up in Banawa, Lahug, and Mabolo, towards the center of Cebu. Options for a luxury condo for sale in Cebu are usually in resort-inspired condominium developments, with units that have three bedrooms or more. These can sell for as high as Php 120,000,000.
Frequently Asked Questions
Are there penthouse condos for sale in Cebu?
Yes, there are 53 penthouse condos for sale in Cebu. Penthouse units offer the most peace and privacy, and they also provide stunning views of the city below.
Are there affordable condos for sale in Cebu below 1 million?
Yes, there are 9 affordable condos for sale in Cebu below 1 million. You can definitely find more affordable choices to consider if you’re on a tight budget.
Are there foreclosed condos for sale in Cebu?
Yes, there are 22 foreclosed condos for sale in Cebu. A foreclosed condo is another great option if you’re working with a limited budget, and they also make for great investments since you can buy them for a low price, flip them, and sell them for a higher price.
Photographs from eutrophication&hypoxia and George Parilla (Flickr)