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38 Park Avenue Condo for Sale in Cebu IT Park

38 Park Avenue, India St, Apas, Cebu City, Philippines

Cebu City IT Park Condo for Sale: 38 Park Avenue


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38 Park Avenue is the tallest tower in Cebu IT Park — 38 storeys with a Grand Atrium at its center, built for Cebu's top business executives and discerning investors.

Experience the ultimate in luxury living and status at Cebu IT Park's tallest tower, with a stunning Grand Atrium at the center and studio to penthouse units for sale.





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June 3, 2025 update on 38 Park Avenue

38 Park Avenue Condo for Sale
- IT Park, Apas, Cebu City, Philippines

38 Park Avenue condo for sale in Cebu IT Park — the district's tallest tower, anchored by a Grand Atrium at its center.

Reservation/purchasing of this unit can be done personally in the office OR online! All payments must be directly deposited to 38 Park Avenue's official bank account.

38 Park Avenue Condo Unit Types:

Introducing the tallest building in Cebu IT Park — the magnificent 38 Park Avenue. Boasting a Grand Atrium at the center of the tower, this luxurious residence is built to impress Cebu's top business executives, with ultra-exclusive VIP units at the penthouse level.

The studio and 1-bedroom units are geared toward young professionals with a fast-paced lifestyle, or start-up families who want to enjoy urban living. With more space than comparable developments in the area, 38 Park Avenue offers a distinct residential experience.

The multi-level Sky Amenity Club is the perfect place to relax and unwind, with a swimming pool, fitness gym, lounge and recreation areas, multi-functional hall, and kids' zone.

BUILDING DESCRIPTION:

Situated at the PEZA-accredited IT hub, 38 Park Avenue is the residential component of a PHP 5 billion mixed-use project that also includes an office tower and a retail boulevard.

38 Park Avenue sits at India St, Apas, Cebu City, 6000 Cebu, PH — a landmark project by El Camino Developers Inc., a five-company consortium. Cebu IT Park itself is a master-planned integrated community recognized as Cebu City's lifestyle and leisure center, alongside its role as a preferred regional business address.

38 Park Avenue will consist of 745 units: 440 studios, 211 one-bedroom condos, 75 two-bedroom units, 11 three-bedroom units, and 8 penthouses. Sky gardens on the 31st, 33rd, 35th, 37th, and 39th floors provide ample outdoor space with panoramic views of Cebu.

WORLD CLASS AMENITIES & FEATURES:

  1. 38 Storeys High — The Tallest in Cebu IT Park.
  2. Ultra-Exclusive VIP Units.
  3. 3 Levels of Amenities (26th to 28th Floor).
  4. 2 Main Grand Lobbies (East & West).
  5. 3 Levels of Basement Parking.
  6. A Grand Atrium at the Center of the Tower.
  7. The Plaza — a Green, Open Retail Park.
  8. Drop-Off Entrance.
  9. High-Ceiling Grand Lobby.
  10. Sky Club Amenity Deck.
  11. Swimming Pool with Panoramic View.
  12. Sky Lounge.
  13. Fitness Gym.
  14. Sky Gardens and Patio.
  15. Multi-Function Hall.
  16. Kids Zone.
  17. 24-Hour Security with CCTV.
  18. Green Wall.
  19. 100% Backup Generator.
  20. 8 High-Speed Elevators.
  21. Automatic Sprinkler System.
  22. Domestic Water Tank.
  23. Property Management Services.

Choose from the Studio Unit, 1 Bedroom with Balcony, 2 Bedroom, 2 Bedroom with Maid's Room, 3 Bedroom with Maid's Room, and Penthouse condo units for sale, each designed for a panoramic view of Cebu. Contact us now to schedule a viewing and start living the dream in Cebu IT Park.

Ms. Ophelia R. Mosqueda is the authorized real estate agent for buyers of 38 Park Avenue Condominium in Cebu IT Park, Cebu City.





Compare 38 Park Avenue Unit Types at a Glance

Unit Type Unit Price Floor Area Est. Monthly (20 yrs) Status
Studio (4th Flr., Unit 24) PhP 5,646,242 24.48 sqm PhP 39,306 Available View
1 Bedroom (2nd Flr., Unit 18) PhP 12,249,245 54.13 sqm PhP 85,290 Available View
2 Bedroom (30th Flr., Unit 07) PhP 19,002,212 74 sqm PhP 132,308 Available View
2 Bedroom w/ Maid's Rm. (29th Flr., Unit 06) PhP 26,013,324 103 sqm PhP 167,731 Available View
3 Bedroom w/ Maid's Rm. (34th Flr., Unit 10) PhP 32,661,539 141.77 sqm PhP 227,445 Sold Out View
Penthouse (38th Flr., Unit B) PhP 121,617,492 431.21 sqm PhP 846,908 Available View




SAMPLE COMPUTATION, PRICE RANGE, and MONTHLY AMORTIZATION:
This may vary depending on floor location and unit orientation.
Prices at CEBU-Real Estate Shop are the same as buying directly from the sales office.



38 Park Avenue studio unit for sale in Cebu IT Park
38 Park Avenue Studio

A stunning studio unit condo at 38 Park Avenue in IT Park, Apas, Cebu City — modern living in a vibrant community with excellent amenities and convenient access to everything you need.


www.cebu-realestateshop.com

  • Unit price: PhP 5,646,242.
        ◦ 24.48 sqm, 4th floor, unit 24.
  • Total contract price: PhP 6,097,941.
        ◦ VAT and transfer of title charges included.
  • Reservation fee: PhP 50,000.
  • Discount: PhP 169,387 if paid in 30 days. If paid on installment, see below.
  • 10% Equity with 0% interest payable in;
        ◦ 36 months: PhP 15,600/month.
  • 90% Balance through spot cash or bank financing: PhP 5,486,341.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 106,066/month.
        ◦ 10 years: PhP 60,910/month.
        ◦ 15 years: PhP 46,297/month.
        ◦ 20 years: PhP 39,306/month.
  • Transfer charges of PhP 451,699, already included in the total contract price above, payable upon turnover for title processing and registration.


38 Park Avenue 1 bedroom unit for sale in Cebu IT Park
38 Park Avenue 1 Bedroom

An elegant 1-bedroom condo unit with a balcony at 38 Park Avenue in Cebu IT Park — modern living in a prime location with vibrant surroundings and excellent amenities.


www.cebu-realestateshop.com

  • Unit price: PhP 12,249,245.
        ◦ 54.13 sqm, 2nd floor, unit 18.
  • Total contract price: PhP 13,229,184.
        ◦ including VAT and transfer of title charges.
  • Reservation fee: PhP 50,000.
  • Discount: PhP 367,477 if paid in 30 days. If paid on installment, see below.
  • 10% Equity with 0% interest payable in;
        ◦ 36 months: PhP 35,400/month.
  • 90% Balance through spot cash or bank financing: PhP 11,904,784.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 230,153/month.
        ◦ 10 years: PhP 132,168/month.
        ◦ 15 years: PhP 100,459/month.
        ◦ 20 years: PhP 85,290/month.
  • Transfer charges of PhP 979,939, already included in the total contract price above, payable upon turnover for title processing and registration.


38 Park Avenue 2 bedroom unit for sale in Cebu IT Park
38 Park Avenue 2 Bedroom

Stylish 2-bedroom units ranging from 74 sqm to 103 sqm. Currently available: a cozy 74 sqm 2-bedroom unit without a balcony — a premium condo in one of Cebu's most sought-after locations.


www.cebu-realestateshop.com

  • Unit price: PhP 19,002,212.
        ◦ 74 sqm, 30th floor, unit 07.
  • Total contract price: PhP 20,522,389.
        ◦ including VAT and transfer of title charges.
  • Reservation fee: PhP 100,000.
  • Discount: PhP 570,066 if paid in 30 days. If paid on installment, see below.
  • 10% Equity with 0% interest payable in;
        ◦ 36 months: PhP 54,300/month.
  • 90% Balance through spot cash or bank financing: PhP 18,467,589.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 357,030/month.
        ◦ 10 years: PhP 205,028/month.
        ◦ 15 years: PhP 155,840/month.
        ◦ 20 years: PhP 132,308/month.
  • Transfer charges of PhP 1,520,177, already included in the total contract price above, payable upon turnover for title processing and registration.


38 Park Avenue 2 bedroom with maid's room unit for sale in Cebu IT Park
38 Park Avenue 2 Bedroom with Maid's Room

A spacious 2-bedroom plus maid's room unit for sale at 38 Park Avenue, a premium condo in Cebu IT Park, Cebu City.


www.cebu-realestateshop.com

  • Unit price: PhP 26,013,324.
        ◦ 103 sqm, 29th floor, unit 06.
  • Total contract price: PhP 28,094,389.
        ◦ including VAT and transfer of title charges.
  • Reservation fee: PhP 100,000.
  • Discount: PhP 780,400 if paid in 30 days. If paid on installment, see below.
  • 10% Equity with 0% interest payable in;
        ◦ 36 months: PhP 69,481/month.
  • 90% Balance through spot cash or bank financing: PhP 23,411,992.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 452,619/month.
        ◦ 10 years: PhP 259,921/month.
        ◦ 15 years: PhP 197,564/month.
        ◦ 20 years: PhP 167,731/month.
  • Transfer charges of PhP 2,081,065, already included in the total contract price above, payable upon turnover for title processing and registration.


38 Park Avenue 3 bedroom with maid's room unit, sold out, Cebu IT Park
38 Park Avenue 3 Bedroom with Maid's Room — SOLD OUT

A spacious 141.77 sqm 3-bedroom condo at 38 Park Avenue in Cebu IT Park, Apas, Cebu City is now sold out. Contact us about similar layouts in other unit types.


www.cebu-realestateshop.com

  • Unit price: PhP 32,661,539 — Sold Out.
        ◦ 141.77 sqm, 34th floor, unit 10.
  • Total contract price: PhP 35,274,462.
        ◦ VAT and transfer of title charges included.
  • Reservation fee: PhP 100,000.
  • Discount: PhP 979,846 if paid in 30 days. If paid on installment, see below.
  • Equity with 5% discount: PhP 1,094,479, payable via PDC on or before unit turnover.
  • 90% Balance through spot cash or bank financing: PhP 31,747,016.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 613,759/month.
        ◦ 10 years: PhP 352,457/month.
        ◦ 15 years: PhP 267,899/month.
        ◦ 20 years: PhP 227,445/month.
  • Transfer charges of PhP 2,612,923, already included in the total contract price above, payable upon turnover for title processing and registration.


38 Park Avenue penthouse unit for sale in Cebu IT Park
38 Park Avenue Penthouse

Experience the epitome of luxury living in this spectacular 3-bedroom plus maid's room, exceptionally spacious 2-level penthouse unit at 38 Park Avenue in Cebu IT Park — the standard for prestige and sophistication.


www.cebu-realestateshop.com

  • Unit price: PhP 121,617,492.
        ◦ 431.21 sqm, 38th floor, unit B.
  • Total contract price: PhP 131,346,891.
        ◦ including VAT and transfer of title charges.
  • Reservation fee: PhP 200,000.
  • Discount: PhP 3,648,525 if paid in 30 days. If paid on installment, see below.
  • 10% Equity with 0% interest payable in;
        ◦ 36 months: PhP 359,300/month.
  • 90% Balance through spot cash or bank financing: PhP 118,212,091.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 2,285,371/month.
        ◦ 10 years: PhP 1,312,397/month.
        ◦ 15 years: PhP 997,541/month.
        ◦ 20 years: PhP 846,908/month.
  • Transfer charges of PhP 9,729,399, already included in the total contract price above, payable upon turnover for title processing and registration.


Own the address that puts you minutes from Ayala Central Bloc Mall and the rest of Cebu IT Park, with easy access to everything. 38 Park Avenue suits discerning investors, business professionals, and those seeking a luxurious residential space or retirement haven. Contact us today to check current availability and reserve your unit.





38 PARK AVENUE PRICE LIST

38 Park Avenue price list, Cebu IT Park 38 Park Avenue unit inventory, Cebu IT Park




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WHY BUY A CONDO UNIT AT 38 PARK AVENUE CEBU?

38 Park Avenue puts you at the top of Cebu IT Park, literally — the district's tallest tower, with resort-style amenities across three full floors and a Grand Atrium as its centerpiece. Work out in the state-of-the-art gym, unwind by the pool with panoramic views, or host guests in the Sky Lounge, all while staying close to Cebu's booming IT industry, restaurants, and upscale shopping. With unit sizes from studio to full penthouse, 38 Park Avenue works equally well as a home base or a high-end investment.

CONTACT INFORMATION FOR INTERESTED BUYERS OF 38 PARK AVENUE CONDO

Call REB Ophelia R. Mosqueda at +63-928-332-3733 to check current unit availability and schedule your site visit — with the 3-bedroom layout already sold out, 38 Park Avenue's premium inventory continues to move.





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FREQUENTLY ASKED QUESTIONS

Buyers are generally asked for two valid government IDs and a Tax Identification Number, and, once you're ready to transfer title, proof of payment, the unit's Condominium Certificate of Title, and an updated real property tax clearance from the Cebu City treasurer's office. Our brokers walk you through every requirement personally before you submit anything to the developer or a bank.

Yes. Philippine law allows a foreign national to hold title to an individual condominium unit directly, provided total foreign ownership in the project stays under 40 percent. High-rise developments like 38 Park Avenue regularly attract foreign buyers and investors on this basis, and our agents can explain the process in detail.

After the reservation fee and a 10% equity paid over 36 months, the remaining 90% balance can be settled through spot cash or bank financing. A discount is also available if the total contract price is paid within 30 days of reservation. Estimated monthly amortization for terms of 5, 10, 15, or 20 years is shown on each unit listing, and our team can help you compare bank options.

You can reserve a unit in person at our Cebu office or online, paying a one-time reservation fee that varies by unit type. Reservation payments are deposited directly to 38 Park Avenue's official bank account, and your agent will send you the official receipt and your equity payment schedule.

It's worth confirming the developer's license to sell for this PEZA-accredited IT Park project, and reviewing the full breakdown of the unit price, total contract price, transfer charges, equity schedule, and amortization before signing, since figures vary meaningfully by unit type and floor. Our licensed broker reviews all of this with every buyer so there are no surprises after reservation.






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