Boracay Enclave Corporation ( 13,607 SQM Property)

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Boracay Residential Lot Pads Opening Price

We are happy to inform you of the price and terms of our most awaited project in Fairways and Bluewater, Paradise Island of Boracay.  The selling price is effective for the 1st 15 lots only.  Please note that there are only a very limited number of lot pads for sale.  Since, we are a resort, we will be concentrating our future development more on vertical developments such as condominiums, villas and hotels.  This means that these residential estates will be very exclusive and only a handful of privilege buyers will become owners of these properties set in the midst of paradise.  Happy selling!

Price Per Square Meter

For Lot 1-8 and Lot  21-32

P18,000.00 (E-VAT exclusive)

For Lot 9-20

P20,000.00 (E-VAT exclusive)

Reservation Deposit

P500,000.00

Cash Sales

Payable within 7 days; 10% discount on TCP

Note: 10% retention is allowed, payable upon issuance of individual title.

Terms

50-50

50% Downpayment payable within 30 days;

7% discount on DP for Outright Downpayment (within 7 days);

50% Balance within 12 months without interest, with monthly PDCs

In-house Financing

30% Downpayment payable within 30 days;

5% discount on DP for Outright Downpayment (within 7 days);

70% Balance: 5 years at 15% interest p.a.  (Fixed factor rate: .02379)

Bank Financing

30% Downpayment payable within 30 days;

70% Balance through Bank Financing (upon availability of individual title)

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18Lots at Golf Course

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18 Lots at Golf Course

Our project, Villa M&M is a 52 room condominium project consisting of two 3-storey Mediterranean inspired structure built alongside the beautiful fairways of the only golf course in Boracay, the Fairways & Bluewater. It is inside the 127 hectares gated property called Newcoast Boracay where the Graham Marsh designed 18-hole, all weather, championship golf course is the developer’s flagship project. Our villas’ design and height restriction easily blend and complement the surrounding landscape and forest. All the units are fully furnished and provide a breathtaking view of the front nine of the golf course with its bountiful lagoons, waterfalls, rolling terrain and sprawling greens. Landscaping and master plan was designed by Belt Collins of Hawaii while the rock formation and water features was designed and created by Living Waters, USA.

Studio units range from 46 to 61 square meters in floor area accommodating 2 queen size beds. The one bedroom and two bedroom units are 80sqm and 131 sqm in size respectively, complete with a kitchen, living room and a dining room. All units features a leaseback agreement contract where in a hotel management company will be hired to operate the units as a posh hotel earning income stream year after year. In this hugely popular island resort and tourist destination, hotel and tourist related businesses are highly lucrative. In addition, the hotel operator will take care of the insurance, real estate tax, payment of utilities, salaries of employees, maintenance and refurbishment, giving you a hassle free and worry free ownership. The leaseback agreement also ensures that you are given 30 days free use annually of an equivalent unit including one week of super peak season (New year, Christmas or Holy week). The contract is valid for 15 years and thereafter, the buyer has the option of renewing the contract with the hotel operator or taking over his unit.

Our properties are titled (only about 10% of properties in Boracay are titled) and each condominiums unit comes with a Condominium Certificate of Title (CCT). Ownership is absolute and perpetual and even foreigners can purchase and own these units.

Aside from the golf course, the property boast of 3 private beaches with talcum fine white sand and turquoise blue water. Just the right getaway if you feel that the famous 4.5 km long white beach is too crowded or congested. The 4 km long white sand beach, which is located on the west side of the island, is not swimmable during the habagat season, roughly, from June to September due to strong waves and wind. In contrast, the 3 private coves which is located on the Eastern portion of the island, are calm and clear, thus providing us with swimming area all year round. In fact, guest from other hotels would troop to our resort just to be able to swim during the Habagat season. Other amenities includes a golf clubhouse (Pirate’s Den), family clubhouse (Look Out Point), beach front infinity pool and wedding venue area, Hotel facilities (Mulligan Golf Hotel, Balaihara Resort and Villatel, Villa Ysabel, Villa Sofia and The Lodgings), conference rooms, game room, pool and deck lounge, cabanas, floating spas, horseback riding, butterfly farm, luxury villas (time share), forest reserve, private dock and jetty port that could accommodate even heavy equipments, welcome center in Caticlan, and water sports amenities. The Welcome Center in Caticlan, just a stone throw away from the airport, has coffee shop, souvenir shops, hotel-like lobby and front desk, VIP lounge, restroom, landscaped garden, ample parking and a private jetty port that serve as our point of entry to Boracay. Presently, 10 of the most expensive hotels in Boracay are paying Newcoast for the use of the Welcome Center for their guest. Non-owners and non-members have to use the hot and congested public jetty port for their sea transfer. Colorful shuttles service guest inside the property and outside including the Boracay Terraces which is our piece of beach front at the famous 4 km long white sand beach in Station 1. A themed town center with select boutiques, shops and restaurant to cater to the upscale crowd and a marina are some of the future developments the company is contemplating. Other upcoming developments are a 500 room Palmerston Beach Front Hotel, Palmerston private residences, and a 150 room beach front hotel in Paradise Cove. Unlike the other parts of the island, all developments inside our property are carefully monitored by our company and follows strictly a master plan designed by Belt Collins and approved by the Department of Tourism and Department of Environment and Natural Resources.

Recent negotiation between a wealthy private business group and the Dept of Transportion & Communication to undertake an expansion and upgrading project of Caticlan Airport will make Boracay even much more accessible to our Asian neighbors. Hong Kong & Taiwan will be just 1 hour away while Korea, Thailand, and China just 3 or 4 hours away. This plus the very LIMITED land resource in Boracay will serve to drive prices of real estate in Boracay soaring. This will translate to huge profit should you decide to sell your unit in the future.

Project completion is targeted at the end of October. Furnishings and dry run on November and the hotel will be ready for operation by December.

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Hagdan/Balinghai

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Hagdan/Balinghai

The area is 1204 sqm and its 5200 peso per sqm.

Nice view to sunset and to northwest if you build higher than 1 or 2 floors also to white beach. Access road is there and its about 200 meters to main road.

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