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Land for Sale in Banilad, Cebu City, Cebu

In short: lot for sale in Cebu City, Cebu with 500 sqm, asking PHP 27,500,000 (about PHP 55,000 per sqm). Listed on Phil Realty; information updated 2026-11-13.

PHP 27,500,000

Land for Sale in Banilad, Cebu City, Cebu

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500Lot sqm

LotType

About this property

Presented by Phil Realty: a lot for sale in Banilad, Cebu City, Cebu City, Cebu, offering 500 sqm of land. Asking price: PHP 27,500,000. Highlights include Lot Area: 500sqm; Road Frontage: 20 meters. Schedule a private viewing with Phil Realty to walk the property and review full documentation.

Location

Banilad, Cebu City, Cebu City, Cebu

PHP 27,500,000

Lot · For Sale · Cebu City, Cebu

▲ 14% above Phil Realty Estimated Value

Phil Realty Estimated Value: PHP 24,101,000 · Confidence: Medium

Comparables: In line with area asking prices (median of 174 Lot listings, same city).
BIR: 267% over BIR zonal value BIR match approximate — official BIR zonal value for ALL OTHER SUBDIVISIONS (TO METAPHIL) (RR): PHP 15,000/sqm × 500 sqm lot area = PHP 7,500,000 · RDO 081 (Cebu City North) · DO 054-20 · eff. 2023.

How we estimate

Phil Realty Estimated Value is based on asking prices (no asking-to-sale discount applied). Market part: median asking PHP/sqm of comparable listings of the same type (same tower, else same barangay, else same city; at least 3; outliers removed by IQR; similar-size listings when there are enough; this listing excluded). When comparables are thin, we add or use a city/province market-to-BIR-zonal ratio calibrated on our own listings, applied to this property's BIR zonal basis. The BIR zonal value is used as a floor only (building improvements are not added). Confidence: High = 5+ same-tower or 10+ same-barangay comparables; Medium = fewer; Low = city-level or ratio estimate.

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