Aruga Resort & Residences – Mactan expands investment opportunities
As we course through the pandemic, property seekers’ preferences have sailed off to different shores. Many are exploring investment opportunities outside the nation’s capital — be it for their next business venture or future residence.
Showing great promise outside Luzon is Cebu, the main pulse that pumps more life around the buoyant Visayas region. Above and beyond its rich heritage and culture, the province has long been ripe as a sweet mash-up of irresistible destinations for tourists, a desirable home to those looking for greener pastures, and location for progressive entrepreneurs.
For one, Colliers said that Cebu would remain a preferred business destination for Metro Manila-based outsourcing companies, which are aggressively looking to diversify their office footprint and establishing operations outside the metropolis. This is due to the province’s competitiveness in terms of manpower, infrastructure, and cost of doing business.
Infrastructure build-up in Cebu also raises the potential of the province to another level.
Soon, Cebu province dwellers can conveniently reach different points of the province with the development of the Metro Cebu Expressway, monorail transport system, and Bus Rapid Transit project.
The portal to the archipelago, the Mactan-Cebu International Airport (MCIA), has already bagged numerous international awards from the World Architecture Festival 2019 as well as the CAPA Aviation Award for Asia Pacific Airport of the Year since its recent rehabilitation.
Jones Lang Lasalle (JLL) also recently mentioned the eight-kilometer-long and 27-meter-wide Cebu-Cordova Link Expressway, which will serve as an alternate route to the MCIA, will raise the interest of industrial development in southern Cebu.
Envisioned to be the longest and tallest bridge in the Philippines — surpassing San Juanico Bridge — it is currently being constructed to serve around 40,000 vehicles daily. With a total 229-kilometer network of roads connecting Mandaue, Cebu and Lapu-Lapu, the office and residential sector seem to rise hand-in-hand.
In February, Leechiu Property Consultants Inc. CEO David Leechu said condominium prices in Cebu were continuously increasing, luring future tourists and potential residents and investors. Backing this up, Colliers sees prices of condominium units to record an average increase of five-percent per year from 2021 to 2022, faster than its earlier projected growth of three-percent in 2020.
One too many crises have come and go, yet real estate proves to be more resilient than other industries. Those who took advantage of great investment opportunities during crises have enjoyed returns in three-folds and even more once the country recovers.
One budding opportunity, Aruga Resort & Residences – Mactan, is right at the center of progress in Visayas. On its move to Mactan, Rockwell Land brings to the region its signature community living. The company’s newest development is also seen to boost investor’s property portfolio — similar to its projects across the Philippines, particularly the high-end ones that have enjoyed strong capital appreciation through time.
Here, sprawling shores with white sand serves as its resident’s front lawn with a 270-meter stretch on a private beach. From their exquisite living spaces, guests can get panoramic views of the iconic Magellan Bay and breathtaking Hilutungan Channel. The high windows bring in the blue sea’s beauty and breeze, while the bathroom’s porcelain tiles mimic the sea’s sparkle on a summer day.
Similar to Rockwell’s landmark projects, it features expansively commodious living spaces — the one-bedroom units are up to 69 square meters; two-bedroom units, up to 142 sqm; three-bedroom, up to 173 sqm, and four-bedroom, up to 292 sqm.
The amenities, of course, complement the outdoor beachfront experience. After basking in the sun, either on the beach or sea-facing swimming pools, one can while the time in the resident’s lounge, which is perfect for afternoon refreshments. The pool deck is just the place to marvel at the sky’s orange and blue hues during sunset.
Open grounds, children’s play area, and the gym and yoga studio are each carefully designed with the overall health and wellness of visitors and residents in mind. Be it morning jog, afternoon grind, or evening stroll, Aruga curates the best spaces for all.
The Aruga Resort and Residences – Mactan is the perfect concoction for the smart investor — the place itself is an ideal escapade, an escape from the bustle, and a secured investment for the future.
Crises have taught us one too many lessons on life and real estate. Yet again, the current pandemic gives us a refresher — investing in peace and privacy is always a wise move with endless positive returns, more so when it’s mixed with sun and personal space.
To learn more about Aruga Resort & Residences – Mactan and how it’s a viable investment in the Queen City of the South, visit www.arugaresortandresidences.com.
Article and Photo originally posted by Property Report Ph last October 23, 2020 written by Michaela Tangan.
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