Year: 2026 2025 2024
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Cebu, Philippines

Property prices · 2025 · Asia · Price +5% vs 2024

Price/sqm — City Centre PHP 126,000
Price/sqm — Outside Centre PHP 84,000
1-Bed Rent / Month PHP 23,100
3-Bed Rent / Month PHP 37,800
Avg Mortgage Rate 8.00%
Price-to-Rent Ratio 22.0x Renting is generally more cost-effective

Property price trend in Cebu (2024–2026)

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Property comparison — cities in Philippines (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Cebu
Cebu PHP 126,000 PHP 84,000 PHP 23,100
Manila PHP 98,800 PHP 60,320 PHP 29,120 -21.6%
Davao PHP 78,750 PHP 52,500 PHP 14,700 -37.5%

Other Asia cities (2025)

Frequently asked questions

How much does property cost in Cebu in 2025?

In Cebu, the average price per sqm in the city centre is PHP 126,000, and PHP 84,000 outside the centre (2025 data). Prices have risen 9% since 2024.

How much is rent in Cebu in 2025?

A 1-bedroom apartment in Cebu rents for approximately PHP 23,100 per month in 2025. A 3-bedroom apartment costs around PHP 37,800/month.

Is it better to buy or rent in Cebu?

Renting is generally more cost-effective in Cebu. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.00%.

What are mortgage rates in Philippines in 2025?

The average mortgage rate in Philippines is approximately 8.00% as of 2025. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Cebu changed?

Property prices in Cebu have changed +5% vs 2024. Since 2024, prices have increased by 9%. Use the year tabs above to compare prices across years.

What is the price per sqm in Cebu?

The average property price per square metre in Cebu city centre is PHP 126,000 in 2025. Outside the centre, expect to pay around PHP 84,000/sqm.

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