Olvera Residence-Capri (Formerly Manors Bacolod-Capri Building)

GM Cordova Avenue, Buri Road, Mandalagan, Bacolod City, Negros Occidental, Philippines, Bacolod City, Negros Occidental

Property Overview

Project Selling
Ready for Occupancy / Ready for Use
Condominium
Condominium

Olvera Residences Bacolod is a splendid blend of contemporary luxury and the unique charm of the City of Smiles. Strategically located at GM Cordova Avenue, Buri Road, Mandalagan, Bacolod City, this condominium project connects residents to the vibrant heartbeat of Bacolod. The project features multiple towers (Ibiza, Majorca, and Capri) with Studio and 1-Bedroom units. Close to business districts, shopping centers (SM City Bacolod, Robinsons Place), and educational institutions. The community offers excellent connectivity via major thoroughfares like Lacson Street and Araneta Avenue.

Building Information

Tower Ibiza Tower 10 floors
Tower Majorca Tower 10 floors
Tower Capri Tower 10 floors
Communities Negros, Inc. logo
Developer

Communities Negros, Inc.

residential
offices

Units

Available units in Olvera Residence-Capri (Formerly Manors Bacolod-Capri Building)

Location & Neighbourhood

  • Full AddressGM Cordova Avenue, Buri Road, Mandalagan, Bacolod City, Negros Occidental, Philippines
  • SubdivisionOlvera Residences
  • City / MunicipalityBacolod City
  • ProvinceNegros Occidental
  • Zip Code6100
  • Walkability Score
    72

Nearby Places

  • SM City Bacolod
    3 km8-10 minutes
  • Robinsons Place Bacolod
    2.5 km8 minutes
  • City Mall Mandalagan
    1.5 km8 minutes
  • University of St. La Salle
    2 km9 minutes
  • AllHome Bacolod
    0.5 km2 minutes walk
  • Queen of Mercy Hospital
    1.5 km5 minutes
  • The Ruins
    8 km15-20 minutes
  • Bacolod Public Plaza
    5 km12 minutes
About the Neighbourhood

The property is located in Mandalagan, a vibrant commercial and residential area of Bacolod City. The neighborhood is characterized by proximity to major shopping centers, educational institutions, and business districts. The area benefits from excellent road connectivity via Lacson Street and Araneta Avenue, which link residents to the city's major landmarks. Bacolod is known for its MassKara Festival, cultural heritage, and sugarcane plantations, offering a diverse lifestyle.

Flood Risk Information

The area has moderate flood risk during heavy monsoon season. The property is located on elevated terrain with proper drainage systems installed as per DHSUD standards.

Legal Documentation

Clear Title
Yes
Occupancy Permit
Yes

Zoning Information

Residential Commercial Zone (RCZ) - PD 957 Condominium

Available Documents
Survey Plan PDF Document
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 Selling New inventory releases by developer for continued sales and project expansion
  • Pet Policy Pets not explicitly allowed; check with management for specific guidelines
  • Renovation History New construction - completed in 2022 with ongoing unit releases for sale
  • Storage Spaces Limited storage in units; common storage areas available in basement
  • Cultural Heritage Located in Bacolod City, home to the world-famous MassKara Festival and rich sugarcane plantation heritage
  • Accessibility Notes Elevators available in all towers; ground floor units accessible for elderly and disabled occupants; wheelchair-friendly common areas

Market Insights

Comparative Listings

manors-bacolod
Same developer, different project₱5,500,000.00
Rental Potential
8.5% Expected annual rental yield
Historical Price Trends

Olvera Residences has shown steady appreciation since its launch. Initial pre-selling prices started lower, with current ready-for-occupancy units commanding premium pricing due to immediate availability and completed amenities.

Future Development Plans

Bacolod City is experiencing rapid commercial and residential growth. The nearby business district expansion and infrastructure improvements (road widening, new commercial establishments) are expected to increase property values in the area.

Reviews & Feedback
4.2 (3 reviews)

Mark T. avatar
Mark T. October 15, 2025

Great location and amenities. The swimming pool and gym are well-maintained. Friendly management and 24/7 security is reassuring.

Jennifer R. avatar
Jennifer R. September 20, 2025

Very satisfied with the unit quality and the community feel. Easy access to schools and shopping centers. Excellent investment.

Robert P. avatar
Robert P. August 10, 2025

Good financing options available. The developer is responsive to concerns. Only minor issue with parking space during peak hours.