PROP-DFC79DBB

Savoy Hotel Mactan Newtown | 1BR 23sqm Condo for Sale in Cebu City

Newtown Boulevard, Lapu-lapu, Cebu City
Property main image
₱8,000,000
For Sale

₱347,826 per sqm

Condo
unfurnished
1
Beds
1
Baths
23.00
Floor sqm

About This Property

1. Explore a charming one-bedroom condo offering serene living at Savoy Hotel Mactan Newtown. This exclusive unit boasts dual sanctuaries and spans an intimate area of just over 23 square meters, exclusively for sale in the heart of Cebu City's bustling metropolis—a perfect blend where personal space meets urban convenience within Megaworld’s luxurious development. 2. The interior design maximizes vertical living with its compact floor area and strategic furnishing to enhance every square meter, creating a cozy yet open-feeling home for one or two occupants comfortably without feeling cramped. Although the lot is modestly sized at 43.95 sqm within this high-rise condominium structure built in Cebu's Savoy Hotel Mactan Newtown, it comes with a secure parking spot for your vehicle and provides access to an array of storage solutions that cater to modern minimalists or collectors alike. 3. Erected by the reputable Megaworld Development Corporation in 2018, this condominium is part of their prestigious Savoy Hotel Mactan Newtown project which stands as a testament to contemporary architectural design and thoughtful urban planning within Cebu City's prime district. 4. Nestled comfortably on the ground floor of an upscale complex in Cebu, this condo promises ease of access with its close proximity to major arterial roads that connect Mactan Centerpoint Mall and Lahug Beverages Depot, making it convenient for both work commutes within Metro Manila as well as leisurely shopping excursions. 5. Enjoy an array of inviting amenities at your fingertips with a private balcony that offers breathtaking views overlooking the city skyline, complimentary Wi-Fi to stay connected in this digital age and 24/7 security services providing peaceful assurance as you go about your personal retreat. 6. Priced at an exclusive asking price of ₱8,000,000 (Eight million pesos), the Savoy Hotel Mactan Newtown one-bedroom condo is a prudent investment that balances affordability with luxury and convenience in urban living—a unique gem waiting to be part of your life story.

Location Insights

This condo is located in City of Cebu, within the Savoy Hotel Mactan development.City of Cebu is one of the Philippines' most sought-after areas for property investment, offering a mix of lifestyle, accessibility, and value.

Price Analysis

This condo is listed at ₱8.00M. With a floor area of 23.00 sqm, this translates to approximately ₱347,826 per sqm — a competitive rate for City of Cebu.

Property prices in City of Cebu vary based on location, building quality, floor level, and available amenities. Buyers are encouraged to compare nearby listings and consider long-term value appreciation when evaluating this property.

Investment Potential

This condo in City of Cebu presents a solid investment opportunity in the Philippine real estate market. Properties in this segment typically yield rental income of 4%–6% gross annually, depending on occupancy and lease terms.

Based on the asking price of ₱8.00M, comparable rental income for a 1-bedroom condo in this area is estimated at approximately ₱26,667₱40,000 per month. Actual returns depend on market conditions and property management.

With 23.00 sqm of floor area, this property offers practical living space that appeals to both owner-occupiers and investors seeking long-term capital appreciation in the Philippine property market.

* Rental yield estimates are indicative only and based on general market averages. Consult a licensed real estate broker for a formal investment analysis.

What's Nearby in City of Cebu

Dining & Restaurants

  • Isla1.4km
  • Cube9 Resort and Spa Front Office1.4km
  • Alien Abduction1.5km
  • McDonald's1.5km

Points of Interest

  • MACTAN TROPICS CENTER1.0km
  • Aquarius Divers1.2km
  • Cnc Scuba Academy1.2km
  • John Diether Amaca - Toyota Lapu-Lapu, Cebu1.3km

Hotels & Accommodation

  • MarineDream Grand Vista , Inc.810m
  • Ocean Pearl Hotel Beach Resort, Lapu Lapu City1.1km
  • Cebu Ocean Pearl Beach Resort, Inc.1.1km
  • Ocean Pearl Resort1.1km

Property Details

Property TypeCondo
Listing TypeFor Sale
Floor Area23.00 sqm
Furnishingunfurnished
Listed OnMarch 13, 2026
Project Details

Savoy Hotel Mactan

0

Available

0

Affordability
Calculate your monthly mortgage payments
Your est. payment: ₱63,058/month*
₱8,000,000
₱1,600,000
20%
7.5%
₱63,058/month
Principal & Interest
₱51,558
Property Tax
₱6,667
Home Insurance
₱1,333
HOA/Condo Dues
₱3,500

*Data used for estimated monthly cost is based on current Philippine bank rates and may vary.

Sales Closing Costs
2025 Rates
Broker Commission
Seller Pays

₱880,000

Buyer Pays

₱246,000

Total Closing Costs₱1,126,000
Location

Newtown Boulevard, Lapu-lapu, Cebu City

10.266200, 123.997000

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Discover What's Nearby

Key landmarks, restaurants, cafes, banks, and more around Savoy Hotel Mactan

Nearby Places
Distance from Savoy Hotel Mactan to nearby establishments

Restaurants & Cafes

10 locations within 2km

Nearby
Isla
1.4 km
Cube9 Resort and Spa Front Office
1.4 km
Alien Abduction
1.5 km

Other Places

10 locations within 2km

Nearby
MACTAN TROPICS CENTER
1.0 km
Aquarius Divers
1.2 km
Cnc Scuba Academy
1.2 km

Hotels & Resorts

10 locations within 2km

Very Close
MarineDream Grand Vista , Inc.
810 m
Ocean Pearl Hotel Beach Resort, Lapu Lapu City
1.1 km
Cebu Ocean Pearl Beach Resort, Inc.
1.1 km

Malls & Shopping

9 locations within 2km

Nearby
Jamaica Market
1.6 km
Hikokino Online Shop (Angela)
1.9 km
By Su To U
1.9 km
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