Property Details


#7767 Prime Commercial Lots in City Di Mare By Filinvest
Location: South Road Properties, Cebu Ci, Cebu | Category: Commercial Lots

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Property Description

Citta di Mare is a master-planned community spanning approximately 50 hectares at the newly reclaimed South Road Properties of the Cebu City Government. 

Citta di Mare, or �the City by the Sea�,- a seaside, mixed-use township captures the charms of resort living with its majestic views of Mactan�s coast and Cebu�s mountains. The development, divided into 2 sections by the Cebu Coastal Road, will redefine waterfront and seaside resort living in the Visayas.

Citta di Mare, literally the �City by the Sea�, makes resort living a way of life with a waterfront lifestyle strip and themed residential resorts inspired by some of the world�s best destinations.

Bounded by majestic vistas of Mactan�s coast and Cebu�s mountainous areas, this 50.6-hectare seaside development lies at the heart of South Road Properties. Get ready to experience a lifestyle marked by freedom, pleasure, luxury and modernity at Citta di Mare.

Il Corso
Il Corso, the 106,148sqm section directly fronting the sea will be developed into a waterfront lifestyle strip that will offer a range of seaside leisure activities. This could be a whitesand beach for the homeowners, watersports facilities, restaurants, wedding pavillion, beach hotels, boutiques, shops, beach park and decks.

The 390,484sqm section on the opposite side of the Coastal Road will be developed into a residential resort town composed of themed residential communities anchored by the Piazza, an Italian-inspired common amenity area.

This cluster of 5-storey building is part of a low-density community with approximately 65% of the property allocated for open spaces and landscaped greens. With 20-meter-wide landscaped walkways and bike lanes and car-free zones, Sanremo Oasis is a relaxing, pedestrian-friendly community.

Accessibility : 5 minutes away from the Central Business District of Cebu and the International Port of Cebu Not more than 30 minutes away from the International Airport

II. Location
South Road Properties (SRP), Cebu City The South Roads Properties (SRP) is a 300-hectare prime property development project on reclaimed land located a few meters off the cost Cebu�s central business district. It is registered with the Philippine Economic Zone Authority (PEZA) as a Special Economic Zone. Its project cost of over 12Bn Yen was funded by the Japan Bank for International Coopreation (JBIC). Counterpart
funding was provided by the City of Cebu which owns the project.
Abutting the SRP is the Cebu Coastal Road, a 12-kilometer, 4-lane highway that costs 18Bn Yen and was also funded by the JBIC.

# Features of and Infrastructure at the SRP (from the Cebu City Government) Reclamation and all other civil works were done by Japanese contractors
in conformity with internationally accepted engineering standards.

# To optimize the use and cost of water, a dual piping system will be installed, a separate pipe for potable water and another one for gray water.

# Fiber Optic cables for all telecommunications and broadband requirements will be available.

# Security will be greatly enhanced since the project is virtually an island and all approaches will have checkpoints.

# Proposed Bus Rapid Transit line
# Proposed Ferry Terminal
# Buffer zone between SRP and Inayawan area Locators at the SRP
# Proposed Court of Appeals Building

# 304,100sqm SM Prime Holdings development, bought from the Cebu City Government at 3.1Bn
# 3.1has area leased to Bigfoot
# 3.02has proposed City Hall Block
# 5.1193has proposed UP Campus
# 0.6439has area for utilities
# 4.7036has area for DPWH
 
Components
Corso Themed Residential Resort Communities

South Coast City, the newest Central Business District in Cebu developed by Ayala Land Estates is eyed to become the newest entertainment center of the Visayas region, boosting attraction, tourism and businesses within the area.
It will highlight SM Seaside Arena, SMX Convention Center, and 1-hectare park, among many other mixed-use facilities, to support Cebu’s growing demand for convergence areas.
 
 
 
Salient Points:
✔️ Accessible via Cebu South Coastal Road
✔️Connection to Cebu Cordova Link Expressway (CCLEX)
✔️Cebu South Bus Terminal
✔️ Few steps from NUSTAR Resort and Casino
✔️ near Cebu City Seaport
✔️ 20 mins to Mactan Cebu International Airport
✔️ 1km away from Cebu Ocean Park
✔️ 500m from SM Seaside City Cebu Mall

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We have seaside commercial lots (25 lot cuts, 8 hectares total) available for sale inside
our township that you may want to consider to establish presence in the area.


Most ideal for:
a. office building developments
b. land banks for corporations or developers
c. corporate towers
d. hotel/condotel chains
e. malls & retail strips
f. school developments

 

PRICELIST:
APRIL 2024
BLOCK 1 (GREENWAY BLOCK)

Lot average price per sqm: P275,000 to P315,000/sqm
-VAT & Other Fees is Exclusive

-Premium lots situated at the heart of South Road Properties (SRP) sorrounded by future developments
-Access to the Greenway Lane situated at the center of the Cluster
-Lot area: 1,504.70 sqm - 2,193.05 sqm
-FAR: 10-12

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LOT AREAS                                                               TOTAL CONTRACT PRICE

Block 1 Lot 1 ---1,504.70 sqm                                  P455,613,129
Block 1 Lot 2 ---1,565.54 sqm                                  P429,734,207
Block 1 Lot 3 ---2,087.87 sqm                                  P625,212,672
Block 1 Lot 4 ---2,085.17 sqm                                  P624,404,157
Block 1 Lot 5 ---2,081.40 sqm                                  P623,275,230
Block 1 Lot 6 ---2,000.02 sqm                                  P598,905,989

Block 1 Lot 7 ---1,920.30 sqm                                 P575,033,835
Block 1 Lot 8 ---1,900.68 sqm                                 P569,158,626
Block 1 Lot 9 ---1,868.21 sqm                                 P599,435,485
Block 1 Lot 10 --1,998.25 sqm                                P629,208,960
Block 1 Lot 11---2,193.05 sqm                                P690,547,584
Block 1 Lot 12 ---1,808.16 sqm                               P541,453,512
Block 1 Lot 14 ---1,794.08 sqm                               P537,237,256

Block 1 Lot 15 ---1,792.17 sqm                               P536,665,307
Block 1 Lot 16 ---2,021.51 sqm                               P605,341,170
Block 1 Lot 17 ---2,019.67 sqm                               P604,790,182
Block 1 Lot 18 ---2,018.73 sqm                               P604,508,699
Block 1 Lot 19 ---2,016.46 sqm                               P603,828,947
Block 1 Lot 20 ---1,530.80 sqm                               P420,198,222
Block 1 Lot 21 ---1,528.01 sqm                               P462,671,241

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BLOCK 2 (COASTAL BLOCK)

Lot average price per sqm: P315,000 to P360,000/sqm
-VAT & Other Fees is Exclusive

-Premium corner lots with main road frontage
-Along Cebu South Coastal Road
-Larger lot cuts
-Scenic View of II Corso and Bohol Strait
-Easy access to Antolihao Road
-Lot area: 3,333 sqm - 4,615 sqm
-FAR: 16

LOT AREAS                                                        TOTAL CONTRACT PRICE
Block 2 Lot 1 ---3,652.95 sqm                                    P1.219,952,465
Block 2 Lot 2 ---3,332.71 sqm                                    P1.113,003,951
Block 2 Lot 3 ---4,614.63 sqm                                    P1.662,007,938
Block 2 Lot 4 ---3,945.51 sqm                                    P1.421,017,273
Block 2 Lot 5 ---3,554.29 sqm                                    P1.187,003,613


Proposed Payment Terms
1) SPOT CASH PROMO TERM
   -15% Discount
   -95% Spot Cash
   -5% balance upon completion

2) STANDARD DEFERRED CASH TERM
   -29% Reservation
   -80% balance over 84 months

 

 

 

 


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