Survey Plan
PDF Document
Video Tour
Property Video Tour
Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Residential
House and Lot
Coral Resort Estates is Northern Mindanao's first residential resort estate, your very own Bali in the heart of Misamis Oriental. Located in Pagahan, Initao, the property offers a serene sanctuary overlooking the tranquil waters of Iligan Bay. Featuring Balinese architectural style homes with modern amenities, the estate includes a 1,000-square meter Mediterranean-type clubhouse with open lounge, restaurant, and function rooms. The property is situated on a sea cliff, safe from sudden sea level changes, and offers beachfront access through a hanging bridge.
Units
Available units in Coral Resort Estates P-2
Location & Neighbourhood
- Full AddressBrgy. Pagahan, Initao, Misamis Oriental, Philippines
- SubdivisionCoral Resort Estates
- City / MunicipalityInitao
- ProvinceMisamis Oriental
- Zip Code9226
- Walkability Score65
Nearby Places
- Laguindingan International Airport27 km35 minutes
- Cagayan de Oro City60 km75 minutes
- Iligan City29 km45 minutes
- Midway Resort5 km10 minutes
- Lasang Marine Sanctuary3 km8 minutes
- Sr. San Roque Roman Catholic Chapel3 km5 minutes
- Gimangpang Elementary School4 km7 minutes
About the Neighbourhood
Initao is a coastal municipality located on the northern coast of Mindanao facing Iligan Bay. The area is characterized by pristine beaches, coral-encrusted shores, and crystal clear seawaters. It is rich in natural beauty and marine resources, making it suitable for snorkeling and diving. The area is relatively peaceful and away from urban congestion, ideal for resort-style living.
Flood Risk Information
Property sits on a sea cliff, elevated and safe from sudden sea level changes. The area experiences seasonal typhoons typical to the region, but the elevated positioning provides protection from flooding.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Residential Resort Development Zone
Available Documents
Title Document
PDF Document
Occupancy Permit
PDF Document
All documents are subject to verification. Please consult with your legal advisor before making any decisions.
Additional Information
- Reason for SellingDeveloper expanding with new phases to meet demand for resort lifestyle properties
- Pet PolicyPet-friendly community with designated areas
- Storage SpacesIntegrated storage areas in units
- Cultural HeritagePreserves natural marine sanctuary and coral reef ecosystem
- Accessibility NotesElevated location provides good accessibility with developed road infrastructure
Market Insights
Comparative Listings
xavier-estates-cdo
60 km to Cagayan de Oro₱8,000,000.00teakwood-hills-cdo
65 km to Cagayan de Oro₱7,500,000.00valencia-estates-bukidnon
120 km₱5,000,000.00Rental Potential
8.5%
Expected annual rental yield
Historical Price Trends
Property prices range from PHP 6,300 to PHP 8,500 per sqm depending on lot location and proximity to beachfront. Prices have remained stable since initial launch in 2010-2011.
Future Development Plans
Additional phases planned with expanded amenities. Infrastructure improvements ongoing in Initao municipality. Improved airport connections and road networks planned.
Reviews & Feedback 4.5
(3 reviews)
Maria Santos August 15, 2024
Beautiful beachfront property with excellent amenities. The resort lifestyle is perfect for our family vacations.
Juan Reyes July 20, 2024
Great investment property. The location offers both residential appeal and tourism potential. Very satisfied with the development.
Ana Cruz June 10, 2024
Loving the peaceful atmosphere and community. Infrastructure is well-maintained. Highly recommended for resort living.