Apartments for rent in Cebu, Central Visayas

The province of Cebu is made up of one main island and 167 surrounding islands and islets. It has 3 highly urbanized cities (Cebu City, Lapu-Lapu City, and Mandaue City), 6 component cities and 44 municipalities that are divided into 6 legislative districts. Home to almost 3 million people, it is the most populous province in the Visayas.

Cebu is currently the most prosperous region in the Philippines and its economic importance is only second to Luzon. Tourism, in particular, is flourishing in the province. It welcomes more than 2 million international visitors each year thanks to its beautiful tropical islands, rich marine life, clear blue water, and lively nightlife.

There are numerous different styles of apartments for rent in Cebu. Renters can choose between studio room, one- to three-bedroom, loft, and penthouse. The studio room is the smallest and most popular type. It has one room that serves as the bedroom, dining room/kitchen, and living room, with a separate bathroom. The penthouse is the most expensive type with spacious rooms and luxury features and is located on the very top of the apartment building.

Apartments in Cebu can also be categorized into high-rise apartments, low-rise apartments, and garden apartment complexes. All types of apartments can have standard amenities such as parking space, while others may come with shared swimming pools, gyms, 24-hour security system, and clubhouses. There are also serviced apartments in the country, which offer extra services such as housekeeping, laundry, and cleaning service.

Cebu City is the most developed and populated city in Cebu. With 922,611 inhabitants, it is also the fifth most populous city in the Philippines and is also the oldest city in the country, which is why it is very rich in history. Among its high-rise buildings and buzzing nightlife scene, visitors can find a number of historical buildings, such as Fort San Pedro and Casa Gorordo Museum.

Moalboal is the perfect place to go for those who want to see Cebu’s famous Sardines Run, relax in pristine white-sand beaches, go diving and see the rich marine life, or swim with the whale sharks. 

Aside from Cebu City and Malboal, the islands of Badian, Mactan, Camotes, Malapascua, and Badian are also popular. These islands are known for their natural beauty, as well as upmarket hotels and resorts. 

Cebu is seen as an attractive destination for many people thanks to its low cost of living, as with most areas of the Philippines, most foreigners are able to live comfortably with a mid-range salary. The Philippine Peso is the official currency used in the province, and the exchange rate from US$1 is around ₱49.10.

Lots of people also fall in love with the province’s amazing people and beautiful weather. The people in the province are known to be very friendly and welcoming and the weather is warm all year round. The province experiences two seasons, including the rainy season (from June to November) and dry season (December to May). 

To live in Cebu, foreigners need to obtain a visa. The most common type of visa is the Long Stay Visitor Visa, which is valid for a maximum of 16 months and needs to be reapplied for up to 6 months at a time.

1. Convenience – living in an apartment, most of the time, can give you a hotel-like lifestyle, especially when you are renting a serviced apartment. You can enjoy all of the amenities, such as swimming pools and gyms. Most apartments are also located in strategic areas, within close proximity to shopping malls and public transportation systems.
2. Less financial responsibility – owning a property comes with a lot of financial responsibilities, such as repairs on the property and property taxes. The total amount, in the end, will cost you a lot more than the actual price of the property, which is why renting is a lot more viable solution. Besides, the rental price of apartments in Cebu is usually very low, making it a more affordable option.
3. Freedom and flexibility – for example, if you had to migrate to another country or you have some serious issues with your neighbors; you would be stuck there if you owned the property. If you are renting, you can just move on without having to worry about selling the property.