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Condo For Sale in Cebu City




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Condo for Sale in Cebu City: 248 units found

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Cebu City – Riding the Rising Dragon

A place rich in history and full of promise, Cebu City is among the Philippines’ fastest-growing areas. A precolonial trade center, it was the first large settlement that was visited by the Spanish explorer Ferdinand Magellan in 1521 and subsequently became a jump-off point for Spanish expeditions to the rest of the archipelago. Cebu City’s location in Central Visayas has made it a modern-day trade, commercial, industrial, and educational center for the southern Philippines.

From Sea to Mountain

Most of Cebu City lies on a narrow coastal plain that rises abruptly to the Cebu central mountain range to the west. Because of its strategic location, it is the transportation hub that connects the Visayas to the rest of the country, with large seaports and an international airport calling the city home.

Cebu City has many business establishments in the downtown area and near the seaports. Up-and-coming business centers in Cebu City include the Cebu Business Park, which hosts the regional headquarters of major banks, airlines, and logistics companies; the Cebu IT Park, which is a prime location for BPO firms; and the South Road Properties, which is now the site of an SM Premiere mall.

At least eleven universities have campuses in the area. These include the University of San Carlos, one of the country’s oldest educational institutions; the University of the Visayas, the University of Southern Philippines Foundation, Southwestern University, and the University of the Philippines Cebu.

Buying a Condo in Cebu City

The recent surge in BPO and IT companies has resulted in a demand for residences nearby; real estate developers have taken advantage of this demand by building condominium buildings all over the city. Popular projects on ZipMatch are Calyx Residences, Citylight Gardens and Avalon Condominium. One can buy a condo in Cebu City for as low as P1.113 million to as high as P42 million. Tenancy rates are high; thus, there has never been a better time to invest in a condo in Cebu City.

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