For Sale in Lapu-lapu City, Cebu, Philippines



Property:

Lot size in sq. meters:
25994
Price in PHP:
P220,949,000
Price in USD:
$0.00

OCEAN FRONT PROPERTY FOR SALE

2.6 Hectares in Punta Engano, Mactan Island, Cebu, Philippines

POINTS OF INTEREST

Shoreline Distance          :  165 meters

Terrain                                :  Mostly flat, Natural rock sea barrier approximately 4 meters high

Proximity to Landmark    :  Only several hundred meters from Hilton and Shangri-La resorts, 15 minutes away

                                                from Mactan International Airport. (which handles over 10,000 passengers daily).

Accessibility                      :  Private access driveway to main road of Punta Engano.

OVERVIEW

This 'must see' property has tremendous opportunities for any developer to create a world class resort,

condominium complex or middle to high class housing development. The property overlooks Magellan Bay

and offers a great view of Cebu City. The night time city view is especially spectacular. The land terrain is

basically flat which creates an ideal foundation for any development.

 

This area of Punta Engano is very quiet and sparsely populated. Considering that Shangri-La, Hilton and

other business have already invested in this region all indicates that this area is destined to be Cebu's

tourist destination. Also, condominium and housing projects like, Coral Point, Discovery Bay and Amisa

at the northern tip of the island further support the fact that this region is destined for great progress.

 

With all the Philippine economic indicators showing steady strong growth in land development and the

obvious increase in tourism, this property is perfectly situated to become a lucrative project for any

developer.

 


More Photos
Ocean Front
Ocean Front
Perimeter Fence
Perimeter Fence
Perimeter Fence
Perimeter Fence
Flat Terrain
Flat Terrain

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This listing was first listed on December 15, 2010, and then updated on July 01, 2011, PDT.
Listing No. 1260
Price negotiable