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Land for Sale in Capitol Site, Cebu City, Cebu

In short: lot for sale in Cebu City, Cebu with 1128 sqm, asking PHP 124,080,000 (about PHP 110,000 per sqm). Listed on Phil Realty; information updated 2026-11-13.

PHP 124,080,000

Land for Sale in Capitol Site, Cebu City, Cebu

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Land for Sale in Capitol Site, Cebu City, Cebu – photo 1

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Land for Sale in Capitol Site, Cebu City, Cebu – photo 8

1128Lot sqm

LotType

About this property

Presented by Phil Realty: a lot for sale in Capitol Site, Cebu City, Cebu City, Cebu, offering 1128 sqm of land. Asking price: PHP 124,080,000. good property for hotel, dorm, office building, mixed used commercial building. Highlights include Total lot area: 1,128 sqm; Inclusive of capital gains tax; wide frontage: 55 meters; with a 2 storey old house; centrally located: near baseline, cebu doctors hospital & capitol area. Amenities and features include Car park. Schedule a private viewing with Phil Realty to walk the property and review full documentation.

Amenities & features

Car park

Location

Capitol Site, Cebu City, Cebu City, Cebu

PHP 124,080,000

Lot · For Sale · Cebu City, Cebu

▼ 23% below Phil Realty Estimated Value

Phil Realty Estimated Value: PHP 160,820,000 · Confidence: Medium

Comparables: 27% below area asking prices (median of 3 Lot listings, same barangay).
BIR: 167% over BIR zonal value BIR match approximate — official BIR zonal value for ALL OTHER STREETS (FUENTE OSMENA ROTUNDA-N ESCARIO ST.) (RR): PHP 41,200/sqm × 1,128 sqm lot area = PHP 46,473,600 · RDO 082 (Cebu City South) · eff. 2024.

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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