Apartment For Sale in Lapu-Lapu, Cebu

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23 listings

Fantastic Rare Business Opportunity + Residential Building For Sale

Maguikay, Mandaue
PRICED FOR A QUICK SALE - PROFITABLE BUSINESS OPPORTUNITY In a prime location, conveniently located near central Cebu, this building has continuously been booked for student accommodation, working families, and individuals. Brand new renovations, areas for relaxing, entertaining, and a refined highly practical floor plan. Pent-house level that can be your home with full living, large kitchen, bar, and 3 bedrooms. This practical and family-friendly building is three storeys high with a total of 14 bedrooms, 2 large kitchens, 3 living areas, a bar area, a parking garage with exterior parking, and 8 well-fitted bathrooms. With spacious rooms comes with all bedrooms fitted with air conditioning, 3 large automatic water tanks, fireproof and approved. This rare business opportunity cannot be beaten, with guaranteed profitable long-stay tenants, walking distance to Pacific Mall, less than a few minutes drive to markets, schools, university, church and only walking distance from the highway. Ground Floor: Spacious Living Room 4 Queen Bed Bedroom with Ensuite (Bathroom + Toilet) Air-conditioned Large Kitchen 1 Car + 2 Motor Fitted Gated Garage + 1 Car 2 Motor outside parking Laundry Area First Floor: 7 Double Bed Bedrooms Air conditioned 2 Toilet Rooms 2 Common Bathrooms Separated Second Floor: Rooftop Views 3 Queen Size Bed Bedroom Air conditioned 2 bedrooms have their own toilet and bathrooms separated Large Kitchen Large Dining Area Large Living Room Area Bar Entertaining Area Additional Amenities: 3 Large Automatic Water Tanks Fire Extinguisher + 2 Fire Exits Exterior Parking for Tenants Internet Connection Smoke Alarm Email or Contact Me Anytime For Questions PRICE IS NEGOTIABLE
₱ 18,000,000 $ 360,000
450 m²
Floor area

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The City of the Philippines’ First Hero

Live Like You Are Always on Vacation

The city of Lapu-Lapu is one of the two local government units that comprise Mactan Island with the other being the municipality of Cordova. After the island was colonized by Spain, the town of Opon, its old name, was eventually established in 1730. In 1961, the town officially gained cityhood and was named after Datu Lapu-Lapu.

Lapu-Lapu was one of the two datus of Mactan when Portuguese explorer, Ferdinand Magellan in the service of Spain, arrived in the Philippines. He was one of the island leaders adamant in not paying tribute to the Spanish king. The refusal led to the battle of Mactan, where he and his men successfully defeated Magellan and his Spanish troops.

A Beloved Highly Urbanized City

Highly urbanized and considered a first class city, Lapu-Lapu City stands out from other cities in the Philippines because it one of the few that can truly be considered an Island City. It occupies the majority of Mactan Island, as well as the entirety of Olango Island. The city is home to a number of commercial and industrial firms, including General Milling Company, CebuBest Seafood Corporation, and Tokyo Steel Philippines.

Being a major tourist destination, the city also boasts of many luxury resorts and hotels, including Shangri-La’s Mactan Resort & Spa, Mövenpick Hotel, and Crimson Resort and Spa. This is why the city is described as a “Historic Resort”.

Getting around the city is easy and simple. Public transportation includes those typical of the Philippines: public utility jeepneys, taxis, and tricycles. It is also the main entryway to Cebu City for those coming from abroad because the city is the location of the second busiest airport in the country - the Mactan International Airport.

Bedroom with a View

Apartment for Sale in Lapu Lapu City

While one would assume that there may not be many options available on an island city, a variety of developments actually provide a myriad of choices for those who want to invest in an apartment in Lapu-Lapu City.

As can be expected from a historic resort island city, most flats for sale feature resort-like amenities, such as swimming pools and waterfront locations with direct access to the beach. This is what sets them apart from the ones in the capital. Such apartments include Soltana Nature Residences, La Miranda Condominium, and The Reef Residences. Prices range from PHP 4.85 million to PHP 5.2 million.

Given its first-class stature and its proximity to an international airport and business districts, buying an apartment in Lapu-Lapu City would prove to be a lucrative investment. The right apartment can be just as spacious as a traditional house and lot, while being more affordable and easier to maintain. The various units and buildings in the city are designed to get the most out of living on an island. Every day will feel like a vacation.