The Reef (Reef Residences Tower), 1-Bedroom Unit (513) for Sale in Mactan, Cebu

Mactan

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₱ 17,180,800
1 Bedrooms
2 Baths
91 m²

Details

Bedrooms
1
Baths
2
Floor area (m²)
91
Unit/Floor Number
513
Condominium Name
The Reef
Tower Name/Number
Reef Residences
Price conditions
VAT inclusive

Description

This upscale, multi-storey hotel-residences along the famous beach of Mactan, Cebu, Philippines offers a transformational way of living a vibrant, sophisticated life.


REEF RESIDENCES has 24 floors with a Total Floor Area of 29, 129 square meters. Each energy-efficient unit is equipped with world-class amenities.


Advantages of investing in this project: 

-Will be run by Hospitality Resource Inc. (HRI); and affiliate of the ABACA Group (Phat Pho, Maya Mexican Restaurant, Red Lizzard, Tavolata & ABACA Baking Company)

-Architectural and interior designs are by Budji + Royal and Kenneth Cobonpue

-14 days free stay a year, transferable (others even arrange/collect for fee lower than the hotel rate), but not convertible to cash

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

-Profit distribution is quarterly; deposited to respective accounts


Reservation Fee: 50,000.00 

Miscellaneous Fee: 4.50%

Parking (optional): 850,000.00 


Residential Units Payment Terms:

Option A:

30%DP 18mos to pay

Less Reservation Fee

Option B:

20% Outright DP

5% Discount

Less Reservation Fee

Option C:

30% Outright DP

5% Discount

Less Reservation Fee

Option D:

50% Outright DP

5% Discount

Less Reservation Fee

Option E:

Outright Cash

5% Discount

Less Reservation Fee


All prices are subject to change without prior notice.

The developer reserves the right to correct any figure herein anytime.

Floor area is inclusive of the regular balcony; some units have extended balcony (Ext Bal Area).


HLURB LTS No. 032768

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Amenities

CCTV
Balcony
Elevators
Fire exits
Lobby
Reception Area
Fire Alarm
Fire sprinkler system
24-hour security
Swimming pool

This Listing is a Unit Of a New Development...

The Reef Mactan

This upscale, multi-storey hotel-residences along the famous beach of Mactan, Cebu, Philippines offers a transformational way of living a vibrant, sophisticated life.


Located on a 4,447 square meter lot, the development is composed of two (2) Towers; namely REEF RESIDENCES and SOUTH REEF.


REEF RESIDENCES has 24 floors with a Total Floor Area of 29, 129 square meters. It offers 4 room types: Studio, 1-bedroom, and the 2 or 3-bedroom suites. Each energy-efficient unit is equipped with world-class amenities.


SOUTH REEF, an 18-storey building beside Reef Residences, has a Total Floor Area of 14, 911 square meters. This is a condominium-condotel mixed project, where condotel rooms of 34 or 40 square meters are available for short-term residents. The home-grown, high-end Abaca Hotel is integrated into the development, providing the luxurious, boutique hotel experience renowned globally. Two prime front units are available as residences only; an Executive Studio and a 1-bedroom unit with about 70 and 90 square meters respectively inclusive of the wrap-around balcony.


Advantages of investing in this project: 

-Will be run by Hospitality Resource Inc. (HRI); and affiliate of the ABACA Group (Phat Pho, Maya Mexican Restaurant, Red Lizzard, Tavolata & ABACA Baking Company)

-Architectural and interior designs are by Budji + Royal and Kenneth Cobonpue

-14 days free stay a year, transferable (others even arrange/collect for fee lower than the hotel rate), but not convertible to cash

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

-Profit distribution is quarterly; deposited to respective accounts


HLURB LTS No. 032768

Turnover Date: December 2019

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Location

Mactan
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