BEACHFRONT LUXURY CONDOTEL IN MACTAN CEBU

The Reef Mactan Cebu Hotel and Residences is envisioned to be a lifestyle home, something never done before in Cebu. It is a 22-storey beachfront luxury condo, which offers first-class amenities, total luxury lifestyle living.

All units in The Reef Mactan Cebu Hotel and Residences 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.) is offered as basic features.

An award-winning restaurant/ café will be operating in the lobby. Abaca group is renowned to be one of the best restaurants in the country and even in Asia. They will operate a boutique hotel with function rooms, a 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 beachfront/sea.

A Landmark Collaboration.

Of worthy mention is The Reef Mactan’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.

An Elite Partnership.

On its first few floors, The Reef Mactan is a luxury boutique hotel run by the award-winning Abaca Group. Abaca’s superb track record is proven by its international accolades, being excellently reviewed by many famous magazines and awarded high ratings by the world’s most prestigious travel authorities.

Special Brands.

On top of these, we are using Belgian glass company Reynaers Aluminum for all our windows. They are one of the biggest and best aluminum glass suppliers to many landmark buildings all over the world. We are their only client in the Philippines. We are using high-end Mitsubishi elevators for all our lifts, and Baudouin brand generators for smooth 24/7 quiet, and efficient power operations. This brand is very famous for being used in most of the superyachts 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.

PROJECTED RETURN ON INVESTMENT:
Monthly Share at 55% Occupancy – P20,010.38
Monthly Share at 60% Occupancy – P21,829.50
Monthly Share at 65% Occupancy – P23,648.63
Monthly Share at 70% Occupancy – P25,467.75
Monthly Share at 75% Occupancy – P27,286.88

Sample Computations (updated on September 21, 2021):
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RESIDENTIAL STUDIO W/ BALCONY (45 SQM):

TOTAL CONTRACT PRICE: P10,281,600.00 (unit 1806)
MISCELLANEOUS FEES: P308,448.00
RESERVATION FEE: P50,000.00

20% EQUITY in 12 months to pay w/ 0% interest: P167,193.33/MONTH

80% BALANCE THRU CASH OR BANK FINANCING (P8,225,280.00)
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RESIDENTIAL 1-BEDROOM W/ BALCONY (76 SQM):

TOTAL CONTRACT PRICE: P15,668,800.00 (unit 1411B – facing the sea)
MISCELLANEOUS FEES: P466,720.00
RESERVATION FEE: P50,000.00

20% EQUITY in 12 months to pay w/ 0% interest: P256,980.00/MONTH

80% BALANCE THRU CASH OR BANK FINANCING (P12,535,040.00)
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ABACA REEF HOTEL:
Abaca Boutique Hotel
Abaca Restaurant + Cafe
Spa
Function hall for parties
Outdoor poolside cafe’s
Skylounge/Bar
Gym

THIS IS A RARE FIND, PROPERTY LIKE THIS WON'T LAST LONG, CALL US NOW!

COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

WARNING: Avoid fly-by-night agents, DEAL only with competent licensed Real Estate Brokers to protect your hard-earned money !!!