Property Details


Beach Condotel Units in Arterra Residences (Ready For Occupancy)
Location: Punta Engano Lapulapu City, Cebu | Category: Condotels Cebu

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Property Description

At the tip of the gulf lies a paradise you can call home. Listen as the distant crash of the waves against the shore graces your ears. Wake up to the sunrise glistening off the aquamarine waters. This is Discovery Bay, the subdivision housing Sta. Lucia Realty's new property, Arterra, perched at the very edge of the famed diving destination, Punta Engano, on Mactan Island. This latest development is a celebration of a life lived in harmony with nature.

Arterra Bayfront Residences springs forth at the tip of the exquisite Maribago coastline, granting you a truly panoramic view of the ocean. Apart from the breathtaking sight, the location is as brilliantly strategic. Arterra is situated on the same strip as the most popular 5-star hotels, and the international airport only a 20-minute drive away.

OWN A PIECE OF PARADISE

Be as one with nature, and at peace with yourself. Arterra not only gives you not only a private life with a 360 degree view of the sea, but also stands as a wise investment. 

Acquiring a unit gives you a choice for either reside in it for personal use or have the option to rent it out to visitors or tourists of the city. 

All condotel units are studio cuts situated at the 3rd to 5th floors while residential units occupy the 6th to 20th floor. With Sta. Lucia's years of expertise in developing and growing properties, it is also good to know that there are also other successful operational condotels in Cebu Mactan under their management.

AMENITIES

Swimming Pool with jacuzzi, lap pool, children�s pool and pool bar
�Basketball Court
�Badminton Court
�Fitness Gym
�Game Room & Card Room
�Health Spa
�Business Center
�Function Rooms
�Coffee Shop & Restaurant
�Pool Bar and  Pro shop
�Boat dock
�Water sport facilities for jet ski, hobby cats, para gliding, diving
�Activities : Island hopping, fishing

Water Facilities:

A BEAUTIFUL INVESTMENT

Investing in a gorgeous, nature inspired property is like having your own piece of paradise - It only gets better and better. Arterra's lovely, elegant and homey serviced apartments are a profitable means in making the most of your home away from home. Renting out these units would be a breeze as Cebu City is a bustling hub of tourism and commerce and Sta. Lucia Property Management will take care of the administrative matters in the day-to-day operations of your investment. Should you wish to avail your unit for personal use, a reservation policy is made out for your convenience.

COUNTRY CLUB LIFE WITH A VIEW

Indulge in an exclusive country club life with Arterra�s members-only North Point Peninsula and Resort Club. All unit owners, automatically enjoy free membership. For the rest who wish to enjoy the world-class club facilities, a membership fee and monthly club dues are required.Located at the Ground Floor of Arterra, residents and renters can ignite their passions with the wide selection of amenities offered at the country club.

Why Invest in Sta. Lucia Arterra Project

 30 room nights COMPLIMENTARY STAY every year
Transferrable (please give Authorization Letter to Property Manager)
Can be used in other Sta. Lucia Hotels / Condotels in the Philippines
 RENT REVENUE � Quarterly Dividends
 STA. LUCIA LAND is currently operating 3 condotels : 2 in Mactan (Sotogrande & La Mirada) and 1 in Quezon City (La Breza)
 STA. LUCIA formed a Property Management group & charges only 30% management fee to ensure profit for its investors. Others charge 40% - 60% management fee.
 15 Year CONDOTEL MANAGEMENT CONTRACT
 Management Group takes care of all maintenance of the unit, taxes, etc.
 Property Management now have tie-ups with agoda.com, booking.com, expedia.com, orbitz.com, asiaroom.com, hotels.com, etc.

 

 

ALL UNITS HAVE BALCONY

3RD FLOOR TO 11TH FLOOR ARE CONDOTELS

3RD FLOOR(With furnishings)
sold

3RD FLOOR
Unit I--38.64 sqm--studio--P5,666,662.40
Unit J--38.64 sqm--studio--P5,666,662.40
Unit K--41.34 sqm--studio--P6,023,494.40
Unit Q--31.11 sqm--studio--P4,671,497.60

4RTH FLOOR
Unit L--32.30 sqm--studio--P4,846,856.00

5TH FLOOR
Unit H--31.11 sqm--studio--P4,705,008.00
Unit V--31.94 sqm--studio--P4,816,963.20

6TH FLOOR
Unit T--31.11 sqm--studio--P4,723,762.40

7TH FLOOR
Unit N--33.16 sqm--studio--P5,016,704.00
Unit R--31.11 sqm--studio--P4,741,194.00

8TH FLOOR
Unit M--32.30 sqm--studio--P4,919,208.00
Unit Q--31.11 sqm--studio--P4,758,605.60

9TH FLOOR
Unit B--65.07 sqm--1BR--P9,668,286.40
Unit C--31.11 sqm--studio--P4,774,672.00
Unit I--65.07 sqm--1BR--P9,668,286.40

10TH FLOOR
Unit H--31.11 sqm--studio--P4,792,088.00

11TH FLOOR
Unit K--63.25 sqm--2BR--P9,638,380.80



Parking =P500,000

MODES OF PAYMENT

Reservation Fee: P40,000 (1BR) P50,000 (2BR) Studio (P25,000)

SCHEME 1

90% Cash, with 12% discount if paid outright - 10% Balance upon availability / issuance of CCT

 SCHEME 2

20%  to 89% downpayment

-10% discount if paid outright or within 7 days from date of reservation
-7% discount if paid within 30 days from date of reservation
-5% discount if paid within 60 days from date of reservation
Additional downpayment payable  in 36 months, no interest. balance
payable upon turnover or through Bank Financing at prevailing bank interest rate

SCHEME 3

10% Outright Downpayment with 7% discount 10% to 80% Additional Downpayment payable within 36 months, no interest . Balance payable upon turnover or through In-house financing payable in 5 years w/ 16% interest/annum or 10 years or through Bank Financing at prevailing bank interest rate

SCHEME 4

20% 50%  Downpayment payable in 36 months, no interest. 80% balance payable through bank or In-house financing.

NOTE: 5.5% miscellaneous shall be included in the downpayment. it covers
all related transfer cost to the name of the Buyer.

Income Projections For Studio Type


This is just the conservative computation. After 3
years or on 2017operation, it would double as the
rate rise up.Current lower hotel daily rate in Mactan
is P5,000 /day.


When to Receive an Income or Profit-Sharing?

Arterra Residences Logo

Arterra Residences

Arterra Residences facing Beachfront

Country Club and Other Facilities

Ground Floor Plan (Lobby & North Point Peninsula & Resort Club


Amenities Area


Floor Plan Location for All Studio Units


Views for each Units


Site Development Aerial View

Studio Type & 1 Bedroom (6th to 14th Floor)

2 Bedroom Floor Plan (6th to 14rth Floor)

Advantages of Owning a Condominium

Payment of Miscellaneous Fee

Arterra Residences

Cebu City Hotel Occupancy Rate

Mactan Hotels Occupancy Rate

Track Record of Sta Lucia Land Developer



Income Projections For Studio Type
Specifications:
This is just the conservative computation. After 3
years or on 2017operation, it would double as the
rate rise up.Current lower hotel daily rate in Mactan
is P5,000 /day.

Arterra Residences Logo
Specifications:
Condotel
Condotel
Condotel
Studio Residential
Studio Residential
Studio Residential

Arterra Residences
Specifications:
20 Storey Condominium
Reception Lobby
Elevator
Clubhouse Lobby
Bar

Floor Plan Location for All Studio Units
Specifications:
Views for each Units

Site Development Aerial View
Specifications:

Site Location
Site Location
Site Development Plan
Site Location
Aerial View
Beachfront

Arterra Residences
Specifications: