By Vernon Gabrielle Velasco
ALTHOUGH dubbed as the country’s “second city” as it is the second most populous in the Philippines after Metro Manila, Cebu actually lays claim to many firsts.
It is the country’s first and oldest city, the first Christian city, as well as the home to the country’s oldest university, Universidad de San Carlos, and the oldest Roman Catholic Church in the country.
Moreover, in terms of its economic development, Cebu is not to be missed. Nicknamed “Ceboom,” the city is the key shipping route and the gateway to Central and Southern Philippines and the country’s main domestic shipping port. It is home to over 80 percent of our domestic shipping companies, and the shipbuilding companies that abound in the city have made the Philippines the fourth largest shipbuilding country in the world.
Yet, while its business and commerce is thriving, Cebu still boasts a laid back atmosphere and lifestyle, making it a superior choice of place to live, invest, build a career or business, and raise a family in – something Vista Residences Inc. (VRI) intends to take full advantage of by building what could become one of the city’s finest vertical properties, Vista Suarez Cebu.
VRI makes a monumental contribution to Cebu’s real estate boom
In 2012, real estate became Cebu’s fastest-growing sector, with a revenue growth rate of 18.8 percent. “Ceboom” was creating a massive influx into the Visayan nexus. Thus, Cebu – one of the most highly developed provinces in the country – is currently in need of more homes. VRI – the condominium arm of the country’s premier property developer, Vista Land – is responding to that call with a magnificent 32-storey, two-tower development right in the heart of Metro Cebu.
The mixed-use marvel will rise right on Gorordo Avenue, just off the Gorordo-Escario intersection, putting the vertical village right in the middle of the metro’s key hubs: Fuente Osmeña Circle, the Cebu Provincial Capitol, and the Cebu Business Park – making its location extremely accessible.
Blueprinted for both work and sanctuary, the exquisitely designed Vista Suarez Cebu will offer a minimal 27 units per floor in Tower 1, and only 14 units per floor in Tower 2. This will allow for more privacy, much less crowding in the public areas, and more breathing space – a huge premium in condominium living. Its unique L-shape was created to make sure every single unit share in the incredible views of the city and the mountains that fringe the Visayan metropolis.
At the street level, the elegant building will house retail and commercial shops and restaurants for the residents’ and guests’ convenience and enjoyment. The next two levels will be given over to offices and business centers. A fascinating concept in maximizing a condominium’s capability, Vista Suarez will be both a hotel and a residential development. The sixth to the 14th floor will be run as a hotel. The rooms – offering both studio and one-bedroom selections – will be outfitted and run with the same professionalism, expertise, and customer care as are the world’s top hotels. The 15th to the 28th floors make up the tower’s condotel floor or serviced residences, allowing owners to make good on their investments by having their units leased to long- or short-term staying guests.
At the top four floors will be superbly laid out residential studios, and one- and two-bedroom flats. More spacious than the hotel units, Vista Suarez’ homes-in-the-sky will provide 360-degree views of one of the most bustling, yet loveliest, cities the Philippines has to offer. The 32nd floor will be specially designed for the privileged few, offering penthouse suites with a touch of luxury.
The tower’s fourth floor and roof area will be part of Vista Suarez’ biggest draws. Connecting the two towers, the amenities area on the fourth floor will offer the escape and much needed diversions with an infinity and wading pool, a kids play area, a gym equipped with top-of-the-line exercise machines, twin lounging areas bracketing an all-day dining hall, and, for even greater rejuvenation, a spa. At the top of the tower will be a roof deck with a Sky Lounge where a series of lazing areas for unwinding will be set-up. Beautifully landscaped, the area will offer spa cabañas and al fresco dining spaces where the residents and guests can hold parties or romantic dinners. Both floors will be open to the sky, where one will happily enjoy the view and the famous Cebuano sky.
Two lavish lobbies with a concierge desk will welcome guests and residents home. Beyond all that, three below-ground guarded parking floors, 24/7 state-of-the art security, fire and smoke detection systems, and intelligent management and building systems convey the intense planning and thoughtful designing that will go into the creation of Vista Suarez.
Vista Suarez offers more for the investor
Realizing that a huge number of those who purchase their condominiums do so for investment purposes, VRI designed a selection of leasing options created to strengthen its customers’ investment opportunities. The Vista Residences Leasing Group is tasked to enhance property values and the marketability of these developments, both for its end users and investors, so as to turn their purchases into working investments, while also taking the burden of directly leasing out their properties off their customers’ backs.
The Leasing Group offers a selection of four leasing services designed as proactive solutions for unit owners. Vista Residences is the only real estate company in the country that offers this broad a selection of leasing options. In the roster are: Asset Management Service, Leasing Services Only, Serviced Suites, and the “Condormitels” specifically created for the University Series condominiums.
With the business and lifestyle dynamic Cebu has to offer, and the growth predicted for this busy metro, leasing opportunities are immense. Cebu is VISMIN’s key business hub. This means not only is the expat and employee population on the rise, but the number of schools and universities the city has to offer signifies a major growth in the student population as well. Add to that the number of meetings, conventions, and exhibitions the city attracts yearly, and the massive number of tourists coming in – not only to enjoy the gorgeous beaches, but the country’s biggest and most lavish fiesta, the Sinulog – you have what will be a monumental growth in both the hospitality and the residential industries, both of which Vista Suarez was designed to respond to.
With a rental rate in the area where Vista Suarez will rise being approximately P800-1,000/sqm/month, leasing out units in the property will get its owners huge returns in no time.
Vista Residences: thoughtful and sustainable design
At Vista Residences, every room, every space is designed with intensely creative, ingenious and practical space planning. Whether the property is themed, exquisitely elegant or sensibly practical; wherever possible, the rooms are designed with space to breathe, the designs are stylish and the amenities first-rate. The condominiums are designed to offer better privacy and many are given the luxury of balconies that open to amazing views of the surrounding cities. Function, design and the building of dwellings that families can truly call a “home” is central to the Vista Residences philosophy.
Vista Residences is a formidable player in the country’s condominium industry. In 12 short years it has managed to rise to becoming among the top five in the industry. The group carries with it Vista Land’s four-decades of experience in developing properties and creating master planned communities – integrating into every project an unparalleled expertise in space planning, and flair for finding accessible and attractive locations. The company is committed to assuming a chief role in the condominium sector, creating greater awareness of their capabilities, as well as enhancing efficiencies in their resource distribution.
VRI selects and offers towers in the most coveted parts of the country – within the most bustling metros and CBDs, and emerging cities. To date, Cebu has continuously been singled out as one the best, if not the best, places to live in the Philippines, as well as one of the best cities to invest in. If you’re interested in learning more about Vista Suarez Cebu or other Vista Residences projects, call: (63 2) 650 0753 or our mobile number: +63999 887 1705; or visit our web site at www.vistaresidences.com.ph. For news, updates, and announcements, follow vistaresidencesofficial on Facebook and vistarescondo on Instagram.
1 comment
Not only Cebu has its boom also the city of pines have a fair share of real estate boom because of it’s tourism, education and economy growing up at a fast rate. Now investors, OFW and retirees are attracted on what Baguio has to offer and that is why Vista have made its “HILL SERIES” of condo developements visit the website http://www.BaguioPrimeRealty.com and find VistaLand Developements