Mactan Newtown Condo for Rent in Lapu-lapu City

2 Bedroom Condo Unit for Rent in Mactan Newtown Lapu-lapu City Cebu Philippines

Cebu Condo for Rent: Mactan Newtown Condominium


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Fully finished 2-bedroom condominium for rent. Contract basis. It is in future little Hong Kong the Mactan Newtown in Lapu-lapu City, Cebu, Philippines.

October 15, 2022 update

2 Bedroom Condo for Rent
- Mactan Newtown Lapu-lapu City

Condo for rent in Mactan Newtown

For rental properties, a rental contract will be agreed and issued between the property owner and the tenant’s side. All documents shall be notarized to ensure validity.

Fully furnished condo for rent in Mactan Newtown Lapu-lapu City, Cebu, Philippines.

AGREEMENT: Contract Basis:


https://www.cebu-realestateshop.com

CONDO DETAILS:

  • 11th Floor
  • 2 Bedroom
  • 3 Toilet and Bath
  • Bed
  • A bunk bed.
  • TV
  • Refrigerator
  • Washing machine and.
  • Chopabed
  • Sofa
  • Table.
  • A table set
  • Kitchen utensils.
  • Cooking utensils
  • Microwave.

AMENITIES:

  1. Gym
  2. Culinary Station
  3. Spa/Jacuzzi.
  4. 20-meter long Swimming Pool
  5. Wall Climbing Area.
  6. Tennis Court
  7. Jogging Path.
  8. Children’s Play Area
  9. Yoga/Taichi Station.
  10. Multi-purpose Rooms
  11. Sunken Lounge.
  12. Pool Deck Roofed with Tensile Structures.
  13. Outdoor Shower Area
  14. Children’s Pool.
  15. Aqua Gym Pool
  16. Shower/Changing and Locker Rooms.
  17. House Keeping Area.


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ADVANTAGES of RENTING:

More Flexibility for Where to Live:
Renters can live virtually anywhere, while homeowners are restricted to areas they can afford to buy. A home in the city might be out of reach for most home buyers, but it might be doable for renters. Although rents can be high in areas where home values are also high, renters can more readily find an affordable monthly payment than homebuyers.

No Real Estate Taxes:
One of the major benefits of renting versus owning is that renters don't have to pay property taxes. Real estate taxes can be a hefty burden for homeowners and vary by county—although in some areas, the costs can be thousands of pesos annually.

Although property tax calculations can be complex, they are determined based on the estimated property value of the house and the amount of land. With newly-built homes getting larger and larger, property taxes can be a significant financial burden.

The Bottom Line:
Owning a home might be beneficial for homeowners over the long run. However, for those who are looking to avoid the hassles of homeownership, the costs of upkeep, and the property taxes, renting might be a better option. Of course, it depends on each person's lifestyle, financial situation, and whether they're working or in retirement.

CEBU-Real Estate Shop:
We are in the sales department connected with the developers in Cebu and Bohol and affiliated with 168 Land Realty Dev’t Corporation.

Feel free to inquire/send a message / call...we'd be happy to entertain any questions/inquiries.




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