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Cebu, Philippines

Real Estate in Cebu, Philippines

By Betsy Burlingame

Last updated on Jul 09, 2023

Summary: The average cost of a nice 2 bedroom home in Cebu, Philippines is around $50,000 USD, while a nice 3 bedroom home can cost around $70,000 USD. These properties typically include modern amenities such as air conditioning, hot water, and a kitchen. Some may also include a balcony or terrace. Foreigners are allowed to own property in Cebu, but there are certain restrictions. For example, foreigners are not allowed to own land, but they can own condominiums and other types of real estate. The best way for an expat to search for a home to buy in Cebu is to use a real estate agent or broker. They can help you find the right property for your needs and budget. The most desirable neighborhoods in Cebu include Mactan Island, Cebu City, Lapu-Lapu City, and Mandaue City. These areas offer a variety of amenities, including shopping, dining, and entertainment. They also have easy access to the beach and other attractions.

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How do I find a place to live in Cebu?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Cebu is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of rental properties in Cebu. Additionally, you can search for rental listings in local newspapers and classifieds. You can also ask friends and family who live in Cebu for recommendations. Finally, you can visit the area in person and look for rental signs posted in the neighborhood," said one person in Cebu.

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What is a typical expat home or apartment like in Cebu?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Cebu, Philippines

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