in: Apartments & Condos

10,000+ Cebu Condo for Sale | Apartment in Banilad | Carousell

Find affordable studio condos for sale in Cebu city, Banilad. Carousell presents 1BR, 2BR, studio units, RFO, preselling condos, fully & semi furnished & more!

Apartment and Condos for Sale in Banilad, Cebu City

In the city of Cebu lies the barangay of Banilad, which belongs to the province with a similar namesake to the city which is Cebu under the Central Visayas (Region VII) region. This barangay serves as the place of residence of about 6,336 people according to the 2020 Census. With that said, this barangay would then be responsible for occupying 0.66% of Cebu City’s entire population. This barangay is more on the outskirts of the more populous area of the city, but it still has establishments such as a major university campus, a resort, fast food restaurants, and other shops.

Although, as mentioned before, this part of the barangay is at the outskirts of the main and more populous part of the city, this barangay still has plenty to offer such as a pretty robust residential area. Therefore, if you’re looking to buy an apartment and condos for sale in Banilad, Cebu City, then you’re going to have a number of options to choose from so you need to prepare your list of needs and wants in a unit in advance to properly filter through the properties available. With that said, before you start shopping for real estate from this neighborhood, it’s always a good idea to look through some of the pre-selling units available for sale first before moving into anything else. It’s a great way to be able to purchase a new unit without having to pay the market value of the unit. With that said, the price of a pre-selling unit from this neighborhood would cost somewhere around PHP 3,800,000 for a 25.11 square meter (sqm.) of floor area. If there are no pre-selling units that pique your interest, then you can start your unit search by considering the studio units for sale in this area. The price of such a unit would usually range from PHP 2,800,000 to PHP 3,881,635 with an average floor area size of around 22.83 sqm. If you’re looking for a unit that’s of a similar price range as a studio unit but wants it to be a little more spacious and private, then you should do an upgrade to a 1BR unit instead. The price of such a unit would range from PHP 2,863,420 to PHP 41,805,437 with an average floor area size of around 37.46 sqm. A better upgrade that would fit more people if you need to would be a 2BR unit which costs somewhere around PHP 2,200,000 to PHP 15,000,000 with an average floor area size of somewhere around 54.75 sqm. If that’s enough for you then a 3BR unit might be better which is also available to purchase from this neighborhood. For example, there is a 3BR unit that costs PHP 3,960,520 with a floor area size of 42 sqm. If you want to move into the unit sooner or want to save some money, you should consider a semi-furnished 1BR 25-sqm. unit that costs around PHP 2,863,420.

When you find a property that you want to buy from this area, you should consider whether the payment methods that the property owner accepts align with how you want to pay with. The best way to confirm that is by using Carousell’s chat feature to contact them directly and ask what their preferred payment method is. The payment method that many people prefer would be bank financing, cash payment, or Pag-IBIG financing.

Frequently asked questions

The average price of a property from this neighborhood would be somewhere around PHP 136,000 per square meter.

When a unit is pre-selling, that means that they haven’t finished constructing the unit yet but are already accepting buyers for it. In return, they’ll sell the property for a cheaper price than if the unit has already finished construction.

This barangay is great for people who want to get a unit somewhere that has all the conveniences that they need but don’t want the noise and bustle of city living to bother them. Since it’s more on the outskirts, you get a balance of city living and being near nature. Thus, making it a great place to invest in property as a long-term place of residence or as a business investment.

Although you’re not getting a newly-constructed unit, what’s great is that you can usually get a unit for a lower selling price than a new one. At the same time, you still get access to the same amenities and features that the newer units in the same building have.

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