BORACAY, which is the most popular beach island in the country known for its pure white powdery sand, beautiful sunsets, finest hotels, watersports activities, great food and lively nightlife, is also called the “island that never sleeps”.
It has been named by Travel & Leisure magazine as the “World’s Best Island” for two consecutive years and was included in the Top 20 best beach destinations in the world by Condé Nast Traveller magazine.
Vista Land & Lifescapes, Inc., the country’s leading homebuilder in the Philippines, recently held its groundbreaking of Costa Vista Boracay, the newest mixed-use project to the Vista Residences brand. Costa Vista is situated in Punta Bunga, which is on the island’s northwestern tip, atop one of the highest points of Boracay. The resort will be in Station 0 of Boracay over a sprawling 6.6-hectare property that will have a direct access to the beach, where the most dramatic sunsets and sunrises will be seen.
According to Vista Residences Marketing Area Head Manelle Cousart Suyat, “The number of foreign visitors to the Philippines increased by over 30 percent—bringing in two million tourists last year. By 2020, that number is expected to reach close to four million. In 2015, 28 of the country’s tourists headed for Boracay. At least 44,000 of our very own OFWs [overseas Filipino workers] visit the island each year, and soon, the expansion of the Caticlan Airport will allow international flights to fly directly to the province of Boracay.”
Costa Vista will be designed to be a haven between Boracay’s extraordinary sea with bewitching white powdery sand as a front lawn. Facing the Sulu Sea, the resort will be along the major Boracay highway—making access to the other points of the island, including White Beach, Bulabog Beach, which is famous for its water sports; and Mount Luho, the island’s highest peak where the view is beyond sensational. It will just be 15 minutes away to a collection of malls, stalls and shops offering souvenirs of the island life, international restaurants as well as resorts and hotels ranging from six-star to hole-in-the-wall.
Costa Vista will blend beautifully with the cliffs and greenery of the island in a forest of palms trees and the breathtaking hills of Punta Bunga beach. The resort will have six stunning residential towers, private villas, a 250-room hotel that will rise gracefully around a pavilion with viewing deck, pool, a convention center and a commercial quarter—providing everything you need to unwind and rejuvenate. The mixed-use project will cost at more than P2.2 billion.
“The midrise towers will offer studio to luxuriously appointed two-bedroom units (24 square meters to 48.6 sq m) with a prselling price that starts at P4.2 million,” Suyat added. All towers will be equipped with 24/7 state-of-the-art security and safety protocols, including a closed-circuit television system in all the common areas, Wi-fi, smoke and fire warning and sprinkler systems. Concierge, receptionists and security guards will address the needs of the tenants.
Vista Land Chairman Manuel B. Villar, Jr. said, “Costa Vista Boracay is another strategic step in expanding our presence on Boracay island, bringing Vista Residences’s expertise in one of the most popular world beach destinations. We are taking advantage of the increasing number of tourist arrivals and the favorable macroeconomic condition of the Philippines. This will be attractive for both end-users and investors who are looking for either a home or a source of rental income.”
“Around 30 percent of the visitors in Boracay want to own a property for retirement or investment reasons because staying at a hotel or renting a place in Boracay could be costly and this is the reason vacationers stay only for a few days after spending a hefty cost on airfare,” said Nova Noval, Vista Residences sales and marketing manager, and residential leasing head.
Vista Residences offers a piece of paradise as an investment, or simply your vacation home away from the hustle and bustle of the busy metropolis every day. So, if you have a desire to own a place on this exotic island, Costa Vista Boracay may be your perfect getaway, which can now be a possibility.
www.vistaresidences.com.ph.
Image credits: Tet Andolong
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