Properties For Sale in Cebu (2024)

Cebu is one of the few places in the Philippines where towering skyscrapers, urban lifestyle centers, and natural wonders are within the area.

With its world-class beaches and fun activities in store, retirees and beach lovers can make the most out of Cebu’s tropical environment.

Property seekers can find plenty of real estate properties with different price tags serving different purposes.

Malapascua, Oslob, and Bantayan are just some of the best places to look for a Cebu property for sale if you’re after the slow-paced island life.

Real Estate Properties for Sale in Cebu: Property Ownership in One of The Most Livable Cities in Asia

Anyone who has ever been to Cebu City can attest to the fact that it’s one of the most livable cities in Asia. There are very few places in the Philippines where business towers, sprawling retail and lifestyle centers, and pristine beaches are all within walking distance of each other. Cebu City just happens to be one of those places that has it all, truly embodying the live-work-play mentality that many cities would like to epitomize but sometimes fall short of achieving.

No matter your preferred lifestyle, there’s a place in Cebu for you. Likewise, there are options forreal estate properties for sale in Cebuthat fit your every need, from commercial properties in profitable areas to residential properties in some of the most idyllic neighborhoods.

Nearby Establishments

No matter where yourCebu property for saleis located, you’re bound to get easy access to any of these nearby establishments.

Schools around Cebu:

  • Cebu International School
  • CIE British School - Cebu
  • Cebu City National Science High School
  • Cebu Eastern College
  • University of Cebu

Historical attractions around Cebu:

  • Fort San Pedro
  • Magellan’s Cross
  • Basilica Minore del Sto. Nino de Cebu
  • Cebu Taoist Temple
  • Casa Gorordo Museum

Malls in Cebu:

  • Ayala Center Cebu
  • SM Seaside City Cebu
  • Robinsons Galleria Cebu
  • Gaisano Country Mall
  • JY Square Mall

Average Selling Prices of Properties in Cebu

There are plenty of different kinds of Cebu properties for sale, all serving different purposes and selling for different prices. Depending on what you want and how much you’re willing to pay for it, here are thereal estate properties for sale in Cebuthat you can expect to find and how much they usually cost.

Take note that these are the average prices based on Lamudi Price Trends, but you can still find listings for a Cebu property for sale that falls well below or above this price point.

A house and lot in Cebu costs Php 13.3M or Php 63,400 per square meters on average. On the cheaper end of the spectrum, you’ll find townhouses inCarcarfor as low as Php 1.03M, while a luxurious 5-bedroom house in the exclusiveMaria Luisa Estate Parkneighborhood can cost a whopping Php 250M.

Condominium units average about Php 5.3M or Php 128,000 per square meter, but there are also cheap studio condos for sale in prime condominium developments like Lapu Lapu’sPacific Grande Residencesfor around Php Php 900,000 to Php 1.5M.

Anyone looking for commercial space should expect an average price of Php 15M for commercial structures. While most land in the area, whether it be residential or agricultural, sells for Php 11M or Php 16,600 per square meter on average.

With all this in mind, there’s really no reason for you to not want to invest in a prime Cebu property for sale.

Why Buy a Cebu Property for Sale?

Retirees, investors, and beach bums will benefit from Cebu’s tropical island atmosphere. There are plenty of world-class beaches with an endless amount of activities to enjoy, such as surfing and whale-watching. The islands ofMalapascua,Oslob, andBantayan, in particular, stand out as some of the best places to look for options forreal estate properties for sale in Cebuif island living is what you’re after. There are plenty of beach lots for sale in these areas, perfect for building a resort, permanent residence, or guest house on.

For families, job seekers, entrepreneurs, and young couples,Lapu-Lapu CityandCebu Cityproper are great places to settle down. These areas are steeped in history and culture and are some of the most highly-developed areas in the province. In these locations, you’ll find rising economic zones with plenty of residential developments, business hubs, commercial areas, and essential amenities. These are the best places to consider buying Cebu properties for sale if you’re looking for career opportunities or want to put your roots down in a highly accessible and convenient location with everything you could ever need to live comfortably.

Investment/Business/Work Opportunities

Real estate properties for sale in Cebucan make for a great investment opportunity if you choose to sell or rent it out in the future. Since Cebu is a highly progressive and sought-after location, you can look forward to high returns on your investment. Cebu Business Park is among the foremost business hubs where many job opportunities await. Employment opportunities are typically in the fields of IT-BPM, retail, industries and manufacturing, and financing.

FAQs

Are there beach lots for sale in Cebu?

Boasting numerous pristine beaches, you can find severalbeach lots for sale in Cebuthat are well worth the investment.

Are there residential properties for sale in Cebu?

Yes, there areresidential properties for sale in Cebu. Residential properties can be used for personal or commercial use.

Are there Cebu properties for sale in Cebu Business Park?

As it is a premier master-planned development housing business hubs, residential properties, and commercial establishments, you can find variousCebu properties for sale in Cebu Business Park.

Properties For Sale in Cebu (2024)

FAQs

Where is the best place for expats to live in Cebu? ›

What are the most popular neighborhoods in your city for expats?
  • Asiatown IT Park and Cebu Business Park are areas where most expats live. Both are near international schools, hospitals and shopping centers. ...
  • Maria Luisa Village is another popular choice which offers more open spaces and generally cleaner air.

How much do you need to live comfortably in Cebu? ›

Summary of cost of living in Cebu, Philippines: A family of four estimated monthly costs are 2,041.6$ (118,830.9₱) without rent. A single person estimated monthly costs are 587.5$ (34,195.4₱) without rent.

What is the richest subdivision in Cebu City? ›

Beverly Hills contains upscale homes with expansive views of downtown Cebu City. Some properties are worth over P30 million, and are owned by some of the richest and most powerful families of the city.

What is the richest town in Cebu? ›

CEBU CITY, Philippines – With assets close to P7 billion, Toledo City in western Cebu is the wealthiest local government in the province. The Commission on Audit (COA) recently released the Annual Financial Report for 2022 for Local Government Units (LGUs).

Where do most American expats live in the Philippines? ›

Which city has the most expats in the Philippines? You will find a large expat community in Manila, especially in Makati City. This is because Makati City is home to many multinational companies and is also the heart of the country's diplomatic community.

Where is the highest poverty rate in Cebu? ›

Across all domains, Cebu (excluding the three HUCs), registered the highest percentage of poverty and subsistence incidence among its population in the first semester of 2023. An estimated 1.45 million (42.4 percent) Cebuanos living outside the three highly urbanized cities of the province falls below the poverty line.

How much is the average rent in Cebu? ›

Rental
Apartment TypeAverage Monthly Cost
1 bedroom in the city centerPhp 23 333.33
1 bedroom outside of the city centerPhp 13 888.89
3 bedrooms in the city centerPhp 47 200.00
3 bedrooms outside of the city centerPhp 28 230.77

What is the minimum wage of Cebu? ›

What is the Current Minimum Wage in Cebu?
Sectors/IndustryPrevious Minimum WageNew Minimum Wage Rate
Non-Agriculture₱404₱435
Agriculture & Non-Agriculture With Less Than 10 Workers₱394₱425
Domestic Workers₱5,000₱5,500
Sep 28, 2023

What is a good salary in the Philippines? ›

The average monthly salary in the Philippines is around 44,800 PHP, corresponding to about USD 800.12 according to the survey conducted by Salary Explorer. The average yearly salary in the Philippines is around 537,000 PHP, which corresponds to about USD 9574.41.

Where do rich people in Cebu live? ›

However, some of the wealthiest towns and cities in Cebu include Lapu-Lapu City, Mandaue City, and Cebu City. What is the richest neighbourhood area in the Philippines? That would be Forbes Park in Makati City.

Is Cebu City rich or poor? ›

While Cebu Province has been declared the richest province in the country by the Commission on Audit (COA), the Philippine Statistics Authority (PSA) however revealed that Cebu had the most number of poor people at 1.72 million.

What is the biggest market in Cebu? ›

Carbon Market is the biggest one and the oldest farmer's market in Cebu. Typical Filipino market with vendors selling all possible goods. Here come all the fruits and vegetables from the farmers of Cebu.

Where do the richest Filipinos live? ›

QUEZON CITY. QUEZON CITY HALL. MANILA, Philippines – For the third straight year, Quezon City emerged as the wealthiest city in the country, according to the 2022 Commission on Audit (COA) Annual Financial Report.

Why is Cebu so famous? ›

Cebu is not only a world-class beach-oriented destination but, as the oldest city in the Philippines – it is also a historical, cultural, religious and heritage destination.

Is Cebu a good place to live? ›

Cebu also has beautiful beaches, friendly locals, and bustling urban cities. With the perks above, it's no surprise that many consider living in Cebu for the short and long term. However, it's not always sunshine and rainbows when moving to a different place.

Where do foreigners go in Cebu? ›

Lapu-Lapu City (Mactan Island): Known for its stunning beaches, Lapu-Lapu City is perfect for beach lovers. It's also home to the Mactan-Cebu International Airport, making travel convenient. Moalboal: If you're drawn to picturesque beaches, Moalboal is a must-visit.

Where do foreigners retire in Philippines? ›

Boracay Island is a top retirement paradise in the Philippines, home to world-famous beaches, friendly locals, and a vibrant nightlife. Retirees can enjoy a wide range of sports activities, explore the diverse culinary cuisine, and socialize in bars, clubs, and even live music scenes.

Is Cebu Philippines a good place to retire? ›

Why did you choose the country you retired to? Philippines is amazing. I can live well on $1200 a month, and it has a great social life and climate. Cebu is a great spot to launch on the way to other places, like Bohol, or Northern Mindanao.

Which part of Cebu is the best? ›

In short, Cebu City is the best area for first-timers, Malapascua island to stay on a budget, Moalboal is the coolest area on the island, and Mactan Island is for water sports lovers.

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