Property Location: Bagacay Point, BRGY. CATARMAN, LILOAN, Province of Cebu.
Description of the Property:
Fully fenced large parcel of land with more than 180 degrees vantage point of view with beach front directly facing Mactan Island on one side and the coast of Cebu Province on another side. Inside the private Property is a valuable historical Spanish period landmark, the old Bantay Hari watch tower. The Property connects the Consolacion coastal area designated for a new container port development. The Property has been re- surveyed and has also been topographically mapped by reputable surveyors. The Property is situated between the Amara subdivision which was co-developed by the Ayala land group beside the existing operational Liloan Lighthouse. The Property is fully connected to the Visayan Electric Company’s electric distribution grid and is ready for redevelopment. The Property is free of any encumbrance.
Floor Area Ratio (FAR) for development purposes is One (1).
Improvements: Existing one-story building on site previously used as restaurant
Total Lot Area: 60,592 Square Meters
Selling Price: Php 13,500 per Square Meter (net of all capital gains taxes, documentary stamp taxes, notarial fees or any other relevant taxes), subject to final negotiations
Total Amount: Php 817,992,000.00M ONLY
Description of the Property:
Fully fenced large parcel of land with more than 180 degrees vantage point of view with beach front directly facing Mactan Island on one side and the coast of Cebu Province on another side. Inside the private Property is a valuable historical Spanish period landmark, the old Bantay Hari watch tower. The Property connects the Consolacion coastal area designated for a new container port development. The Property has been re- surveyed and has also been topographically mapped by reputable surveyors. The Property is situated between the Amara subdivision which was co-developed by the Ayala land group beside the existing operational Liloan Lighthouse. The Property is fully connected to the Visayan Electric Company’s electric distribution grid and is ready for redevelopment. The Property is free of any encumbrance.
Floor Area Ratio (FAR) for development purposes is One (1).
Improvements: Existing one-story building on site previously used as restaurant
Total Lot Area: 60,592 Square Meters
Selling Price: Php 13,500 per Square Meter (net of all capital gains taxes, documentary stamp taxes, notarial fees or any other relevant taxes), subject to final negotiations
Total Amount: Php 817,992,000.00M ONLY
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