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Land for Sale in Luz, Cebu City, Cebu

In short: lot for sale in Cebu City, Cebu with 235 sqm, asking PHP 20,000,000 (about PHP 85,106 per sqm). Listed on Phil Realty; information updated 2026-11-13.

PHP 20,000,000

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235Lot sqm

LotType

About this property

Presented by Phil Realty: a lot for sale in Luz, Cebu City, Cebu City, Cebu, offering 235 sqm of land. Asking price: PHP 20,000,000. Commercial Lot in New Era, Mabolo, Cebu City (Walking Distance to Ayala). Buyer to pay the capital gain tax, documentary stamp tax and transfer charges. Highlights include Lot Area: 235 square meters; Note: On going processing of estate tax. Schedule a private viewing with Phil Realty to walk the property and review full documentation.

Location

Luz, Cebu City, Cebu City, Cebu

PHP 20,000,000

Lot · For Sale · Cebu City, Cebu

▼ 30% below Phil Realty Estimated Value

Phil Realty Estimated Value: PHP 28,484,000 · Confidence: Medium

Comparables: 31% below area asking prices (median of 6 Lot listings, same barangay).
BIR: 99% over BIR zonal value BIR match approximate — official BIR zonal value for ALL OTHER STREETS /UNNAMED STREETS (CABANTAN ST-J LUNA) (RR): PHP 42,750/sqm × 235 sqm lot area = PHP 10,046,250 · 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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