Beach front Condotel for Sale! 34sqm Studio uni

South REEF Condotel for Sale Mactan Cebu

We are pleased to present to you our project THE REEF RESIDENCES MACTAN.  We boast of a luxury condominium literally fronting the sea. 

REEF is the flagship project of Land Caster, envisioned to be lifestyle home, something never before done in Cebu. It is a 22-storey beach front luxury condo, which offers first class amenities, total luxury lifestyle living. All units will have glass walls, glass railings and glass sliding doors facing the sea (east). Ample balconies are provided to every unit to extend the living space outdoors. A full range of aqua sports facilities (jet ski, speed boats, wakeboarding, kayak, hobby cat sail, water playgrounds, etc.) will be offered as basic features. An award winning restaurant/ café will be operating at the lobby. Abaca group is renowned to be one of the best restaurants in the country and even Asia. They will operate a boutique hotel with function rooms, gym, spa, and sky lounge bar. The pool will be a huge infinity type overlooking the sea. Homeowners have the option of buying their own watercraft and they can buy a parking slot downstairs. There will be a lounge area on the boardwalk that directly connects to the beach front/sea.

A Landmark Collaboration

Of worthy mention is The Reef’s phenomenal design team, comprised of the Philippines’ most renowned architects and designers:  the partnership of Budji Layug + Royal Pineda, hailed as the country’s  preeminent architectural and interior design firm, with the input of world-famous designer Kenneth Cobonpue, whose unmistakable touch can be seen in many details of the project. 

In a breathtaking and unprecedented collaboration, these three design titans have created a landmark structure that is an expression of their technical and artistic talents.  Because of this rare synergism, The Reef is a historic masterpiece that is a prestigious testament to its owners’ excellent level of taste.

Special BrandsOn top of these, we are using Belgian glass company Raynaer for all our windows. They are one of the biggest and best aluminum glass suppliers to many landmark buildings all over theworld. We are their only client in the Philippines. We are using high-end Mitsubishi elevators for all our lifts, and Bandouin brand generators for a smooth 24/7 quiet and efficient power operations. This brand is very famous being used in most of the super yachts of the world. And the list goes on and on. We have spared no expense to make this a project that we will all be proud of.Condotel South Tower.

STUDIO A: 34sqm. 3,000,000.00

Miscellaneous Fe: 180,000.00

Furnishings & appliances: 450,000.00

Re documentation fee: 50,000PHP

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Total payable : 3,680,000PHP

SOUTH REEF CONDOTEL:

• 14 days free stay a year, transferable but not convertible to cash

• In excess of 14 days, the best daily/promo rate will apply

• Profit distribution is quarterly; deposited to respective accounts

• International Manager with experience has already been hired

• ABACA will operate the Sky Bar on the 25th floor, two restaurants on the 3rd floor (main dining and baking/coffee shop) and the bar kiosk near the boardwalk.

• Proximity – 15 minutes from the airport

• Mactan area is self-sufficient with nearby Savemore grocery, Watson pharmacy, 7Eleven convenience stores, and food outlets in the neighboring area.

• Mactan, Lapulapu City has a number of other malls like Island Mall, Gaisano Mactan & Marina Mall.

• Management and maintenance are handled by experienced personalities in the hospitality business.

• Association dues are 90 per square.

• Soft opening November 2022 and are now accepting reservations.