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    3 Bedroom Condo for sale at 1016 Residences
    Cebu City, Cebu,Central Visayas
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    Sale Price
    ₱37,757,992
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    3 Bedroom Condo for sale at 1016 Residences

     (Write Review)
    Cebu City, Cebu,Central Visayas
    Unit ID: U2305848
    6% Rental Yield
    3 Bedrooms
    4 Bathrooms
    187 SqM Size
    20 Floor
    Jan 2019 Completed
     (Write Review)
    Sale Price
    ₱37,757,992
    9

    About This Condo

    This property is a 187 SqM condo with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the 1016 Residences project in Cebu City, Central Visayas and was completed in Jan 2019. You can buy this condo for a base price of ₱37,757,992 (₱201,914/SqM).

    3 Bedroom Condo at 1016 Residences near Ayala Mall

    1016 RESIDENCES 3 Bedroom
    Ready to move-in 3 bedroom condo for sale at 1016 residences in Cebub Business Park, Cebu City, Philippines.

    Unit list price: PhP 41,953,324
    1st floor unit A - 187 sqm.
    Discount: PhP 4,195,332.
    Net selling price: PhP 37,757,992
    Reservation fee: PhP 100,000.
    5% Equity with 0% interest payable in;
      ◦ 6 months: PhP 314,700/month.
    95% Balance through spot cash or bank financing: PhP 35,870,092.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
      ◦ 5 years: PhP 693,469/month
      ◦ 10 years: PhP 398,232/month.
      ◦ 15 years: PhP 302,692/month
      ◦ 20 years: PhP 256,984/month.
    12% VAT: PhP 4,530,959 not included in the given net selling price above. To be paid 30 days from date of reservation.
    Transfer charges: PhP 1,168,393 not included in the given net selling price above and to be paid 6 months from date of rerservation. This is for title processing and registration.


    ________________________________________________
    ESTABLISHMENTS AND LANDMARKS NEAR 1016 RESIDENCES:
    Ayala Center Cebu
    Cebu City Marriott Hotel
    City Sports Club Cebu.

    1016 RESIDENCES CEBU FEATURES and AMENITIES
    Landscaped gardens
    Kiddie play area
    Lobby lounge
    Roof deck
    City Sports Club Cebu usage rights.

    ]CONVENIENCE and SERVICES
    Three (3) elevators (2 passenger lifts, 1 service/passenger lift)
    Elegantly-designed ground floor lobby
    Mail room
    Administrative office
    Centralized sanitary disposal system
    Direct access to City Sports Club Cebu.

    SAFETY and SECURITY
    Fire detection and alarm system
    24 hour security and building maintenance
    Basement proximity card access
    100% back-up power.

    Features

    Garden AccessGarden Access

    Basic Information

    Date Listed Feb 27, 2025
    Updated N/A
    Property Type Condo
    Floor 20
    Bedrooms 3
    Size 187 SqM
    Price per SqM ₱201,914
    Pets N/A
    Condo Ownership
    Foreign Quota, Philippine, Filipino Quota, Company
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) N/A
    Unit Type N/A
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    N/A
    Listed By
    Proppit
    Electricity Price N/A
    Water Price N/A
    Unit ID U2305848

    Investment Opportunity: Charges & Yield

    Sale Price
    ₱37,757,992
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    16
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom condos at 1016 Residences, and the current sales price.
    6%

    Project Details

    Project Name: 1016 Residences
    Developer: N/A
    Construction: Completed (Jan 2021)
    Floors: N/A
    Buildings: N/A
    Units: 70
    Project Area: N/A
    Nearest Landmark: N/A
    Location: Cebu City, Central Visayas
    1016 Residences Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    Car Parking Car Parking
    Kids Club Kids Club

    Available Units at 1016 Residences

    For Sale 19 For Rent 53
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Available Units at 1016 Residences
    ₱17,000,000
    ₱173,469/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 98 SqM Size
    Floor 15 Floor
    Foreign Quota Unfurnished
    Available Units at 1016 Residences
    ₱33,603,564
    ₱179,698/SqM
    Beds 3 Beds
    Baths 0 Baths
    Size 187 SqM Size
    Available Units at 1016 Residences
    ₱41,953,325
    ₱190,697/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 220 SqM Size
    Floor Ground Floor Floor
    360° View
    Available Units at 1016 Residences
    ₱18,000,000
    ₱183,673/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 98 SqM Size
    Foreign Quota Partly Furnished
    Available Units at 1016 Residences
    ₱18,832,827
    ₱188,328/SqM
    Beds 2 Beds
    Baths 3 Baths
    Size 100 SqM Size
    Floor 20 Floor
    Foreign Quota Unfurnished
    Available Units at 1016 Residences
    ₱37,757,992
    ₱201,914/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 187 SqM Size
    Floor 20 Floor
    Foreign Quota Partly Furnished
    Available Units at 1016 Residences
    ₱21,000,000
    ₱214,286/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 98 SqM Size
    Floor 1 Floor
    Fully Furnished
    Available Units at 1016 Residences
    ₱21,000,000
    ₱214,286/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 98 SqM Size
    Floor 1 Floor
    Unfurnished 360° View
    Available Units at 1016 Residences
    ₱26,000,000
    -
    Beds 3 Beds
    Baths 3 Baths
    Size - Size
    Floor 131 Floor
    Fully Furnished
    Available Units at 1016 Residences
    ₱23,000,000
    ₱209,091/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 110 SqM Size
    Floor Ground Floor Floor
    Foreign Quota Partly Furnished 360° View
    Available Units at 1016 Residences
    ₱30,000,000
    ₱223,881/SqM
    Beds 3 Beds
    Baths 2 Baths
    Size 134 SqM Size
    Floor Ground Floor Floor
    Foreign Quota Fully Furnished
    Available Units at 1016 Residences
    ₱42,000,000
    ₱224,599/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 187 SqM Size
    Floor 2 Floor
    Unfurnished
    Available Units at 1016 Residences
    ₱24,000,000
    ₱183,206/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 131 SqM Size
    Floor Ground Floor Floor
    Available Units at 1016 Residences
    ₱20,000,000
    ₱204,082/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 98 SqM Size
    Floor 9 Floor
    Fully Furnished
    Updated 2 weeks ago
    Available Units at 1016 Residences
    ₱48,000,000
    ₱201,681/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 238 SqM Size
    Floor 15 Floor
    Partly Furnished City View
    Available Units at 1016 Residences
    ₱23,000,000
    ₱227,723/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 101 SqM Size
    Floor 15 Floor
    Foreign Quota Fully Furnished
    Available Units at 1016 Residences
    ₱50,000,000
    ₱231,481/SqM
    Beds 4 Beds
    Baths 5 Baths
    Size 216 SqM Size
    Floor 21 Floor
    Foreign Quota Partly Furnished
    Available Units at 1016 Residences
    ₱36,000,000
    ₱274,809/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 131 SqM Size
    Floor 8 Floor
    Fully Furnished Sea View
    Available Units at 1016 Residences
    ₱25,000,000
    ₱190,840/SqM
    Beds 3 Beds
    Baths 2 Baths
    Size 131 SqM Size
    Floor 1 Floor
    Fully Furnished 360° View
    Get notified when new homes are being added to 1016 Residences
    View All (19)

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    Central Visayas
    Cebu City

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