Property Overview
Esperanza Residences 1 is a modern condominium project located in Barangay Gun-ob, Lapu-Lapu City, Cebu. Developed by Blossoms 88 Development Inc., a subsidiary of Budget Builders Inc., this project offers studio units with contemporary features and amenities. The development provides an excellent opportunity for investors and residents seeking affordable island living with convenient access to essential services. Experience island life where convenience and leisure don't have to be costly.
Building Information
Units
Available units in Esperanza Residences Bldg. A
Location & Neighbourhood
- Full AddressTiangue Road, Barangay Gun-ob, Lapu-Lapu City, Cebu, Philippines
- SubdivisionEsperanza Residences 1
- City / MunicipalityCity of Lapu-lapu
- ProvinceCebu
- Zip Code6015
- Walkability Score65
Nearby Places
- Hospital1 km5-10 minutes
- Market and Public Schools1 km5-10 minutes
- Third Bridge4 km10-15 minutes
- Mactan International Airport8 km15-20 minutes
About the Neighbourhood
Barangay Gun-ob is a developing area in Lapu-Lapu City with roadside locations and easy access to public transportation. The area is well-positioned for convenient access to essential services, shopping, and educational institutions. The neighborhood offers a balance of urban convenience and island living experience.
Flood Risk Information
Located in a coastal area; property may have moderate flood risk during typhoon season. Building features fire protection systems and secure perimeter fencing.
Zoning Information
EH Condo - BP 220 (Residential Condominium)
Additional Information
- Reason for SellingProject selling phase
Market Insights
Historical Price Trends
Studio units priced at PHP 1.32 - 1.35 million depending on floor level. Price variations based on floor positioning, with higher floors commanding lower prices.
Future Development Plans
Part of larger Esperanza Residences development with multiple buildings. Building B expected completion January 2019, Building A expected completion February 2020.