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  • ₱587,698
  • (USD 10,700)
  • 1 bedrooms
My property is a studio condominium on the 23rd floor with a sea view in Cebu City, the Philippines. Cebu City is always packed with foreigners who go there and stay long-term via property rentals in order to study English and to enjoy Cebu`s beautiful beaches and resorts. So if your purpose is to invest in real estate to generate a passive income, Cebu is a good place to do that because the tourist industry is big in Cebu.

The reason why I`m putting my property up for assumption is because my investment interests and my priorities have changed after I got married last month. My property`s assumption price is 600,000 Philippine Pesos (about 10,700 USD) and is negotiable.

After you`ve paid me the assumption price, you will be the one to apply for bank financing for the monthly mortgage of the remaining TCP of the property.

Remaining TCP: 3,160,249.92 Philippine Pesos
Reservation Fee: 20,000 Philippine Pesos
Re-documentation Fee: 100,000 Philippine Pesos
Transfer and Registration Charges: 297,435.29 Philippine Pesos

Turn over of the unit from the developers is next year.
Please contact me if interested to know more in detail.

Thank you!

My property is a studio condominium on the 23rd floor with a sea view in Cebu City, the Philippines. Cebu City is always packed with foreigners who go there and stay long-term via property rentals in order to study English and to enjoy Cebu`s beautiful beaches and resorts. So if your purpose is to invest in real estate to generate a passive income,...
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