xavier-estates-cdo
70 km₱7,900,000.00Video Tour
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Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Residential
Lot Only
CORAL RESORTS ESTATES PHASE 3 is Northern Mindanao's first residential resort estates, located in the serene municipality of Initao, Misamis Oriental. This exclusive beachfront development features Balinese architectural styling and faces the tranquil waters of Iligan Bay. The property offers residential lots starting at 180 sqm with minimum cuts, providing an ideal sanctuary for those seeking a peaceful resort-style living experience by the beach with direct access to pristine white sand beaches and crystal-clear sea waters.
Units
Available units in Coral Resorts Estates Phase 3
Location & Neighbourhood
- Full AddressBrgy. Pagahan, Initao, Misamis Oriental, Philippines
- SubdivisionCoral Resort Estates
- City / MunicipalityInitao
- ProvinceMisamis Oriental
- Zip Code9213
- Walkability Score65
Nearby Places
- Laguindingan International Airport27 km35 minutes
- Cagayan de Oro City60 km75 minutes
- Iligan City29 km45 minutes
- Lasang Marine Sanctuary5 km10 minutes
- Midway Resort Beach2 km5 minutes
About the Neighbourhood
Initao is a scenic coastal municipality in Misamis Oriental with rich natural beauty. The area is characterized by crystal-clear sea waters, coral-encrusted shores, and white sand beaches. It is home to vast marine sanctuaries and ideal for water sports like snorkeling and diving. The location offers a tranquil, peaceful environment away from urban congestion while maintaining accessibility to major cities.
Flood Risk Information
The estate is strategically situated on a sea cliff, providing safety from sudden sea level changes and flood risks. The elevated location offers natural flood protection.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Residential Subdivision - PD 957 classification
Additional Information
- Reason for SellingProject development and expansion of Northern Mindanao's first residential resort estate concept
- Accessibility NotesGated community with proper road access and parking facilities
Market Insights
Comparative Listings
teakwood-hills-cdo
65 km₱8,500,000.00Rental Potential
8.5%
Expected annual rental yield
Historical Price Trends
Coral Resort Estates has maintained steady pricing at approximately 23,000 PHP per sqm for Phase 3 residential lots. Historical data shows price stability with some promotional pricing variants offering 21,000-28,000 PHP per sqm depending on lot location and ocean view classification.
Future Development Plans
Planned future amenities include expansion of aquasports facilities, additional recreational areas, and enhanced beach access infrastructure. The developer continues to improve infrastructure and community facilities.
Reviews & Feedback 4.2
(3 reviews)
Property Investor August 15, 2024
Great beachfront location with solid amenities. The infrastructure is well-maintained and the community is peaceful.
Homeowner June 20, 2024
Excellent choice for a vacation home. Beautiful views and very accessible water activities.
Beach Enthusiast May 10, 2024
Perfect resort-style living. The white sand beach and clear waters make it a paradise.