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Land for Sale in Basak, Lapu-Lapu, Cebu

In short: lot for sale in Lapu-Lapu, Cebu with 2000 sqm, asking PHP 40,000,000 (about PHP 20,000 per sqm). Listed on Phil Realty; information updated 2026-11-13.

PHP 40,000,000

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Land for Sale in Basak, Lapu-Lapu, Cebu – photo 1

Land for Sale in Basak, Lapu-Lapu, Cebu – photo 2

Land for Sale in Basak, Lapu-Lapu, Cebu – photo 3

2000Lot sqm

LotType

About this property

Presented by Phil Realty: a lot for sale in Basak, Lapu-Lapu, Lapu-Lapu, Cebu, offering 2000 sqm of land. Asking price: PHP 40,000,000. Highlights include Wide frontage; Nearby hotels and resorts; clean title. Schedule a private viewing with Phil Realty to walk the property and review full documentation.

Location

Basak, Lapu-Lapu, Lapu-Lapu, Cebu

PHP 40,000,000

Lot · For Sale · Lapu-Lapu, Cebu

▲ 10% above Phil Realty Estimated Value

Phil Realty Estimated Value: PHP 36,300,000 · Confidence: High

Comparables: 11% above area asking prices (median of 12 Lot listings, same barangay).
BIR: 257% over BIR zonal value BIR match approximate — official BIR zonal value for ALL OTHER STREETS (RR): PHP 5,600/sqm × 2,000 sqm lot area = PHP 11,200,000 · RDO 080 (Mandaue City, Cebu) · eff. 2020.

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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