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Property Overview
Plumera Condominium is a modern and affordable residential condominium development located in Basak, Lapu-Lapu City, Cebu. The project features 22 residential buildings with 96 units per building, offering studio units (24 sqm) and 1-bedroom units (36 sqm). Building P is part of this comprehensive development with near-ready for occupancy status targeting completion by August 31, 2027. The project is strategically positioned near essential establishments including Indiana Aerospace University, Mactan-Cebu International Airport, and various commercial establishments. Ideal for starting families, investors, foreigners, OFWs, BPO-ICT employees, and business owners.
Building Information
Units
Available units in Plumera Condominium -Building P
Location & Neighbourhood
- Full Address7XWG+95P, Basak-Cagodoy-Bankal-Buaya Rd, Lapu-Lapu City, 6016 Cebu, Philippines
- SubdivisionPlumera Mactan
- City / MunicipalityLapu-Lapu City
- ProvinceCebu
- Zip Code6016
- Walkability Score75
Nearby Places
- Mactan-Cebu International Airport13 km20 minutes
- Indiana Aerospace University3 km5 minutes
- Mactan Doctors Hospital4 km5 minutes
- Gaisano Grand Mall Basak5 km8 minutes
- Mactan Town Center4 km7 minutes
- Lapu-Lapu City College5 km10 minutes
- Lapu-Lapu City Hall10 km15 minutes
- Pueblo Verde (Tamiya)5 km10 minutes
About the Neighbourhood
Located in the vibrant area of Basak, Lapu-Lapu City on Mactan Island, the property is strategically positioned in a thriving commercial and residential district. The neighborhood features excellent accessibility to educational institutions, healthcare facilities, shopping centers, and recreational establishments. Being in Mactan Island, the area benefits from proximity to the international airport and various business hubs including MEPZ. The community is well-developed with modern infrastructure and growing commercial establishments.
Flood Risk Information
Standard flood risk for Cebu region; property is elevated above base flood elevation with proper drainage systems and sewage treatment facilities implemented.
Legal Documentation
Zoning Information
OM Condo - PD 957 (Residential Condominium under Presidential Decree 957)
Available Documents
All documents are subject to verification. Please consult with your legal advisor before making any decisions.
Additional Information
- Reason for SellingNew development project - units available for pre-selling and ready for occupancy as construction phases complete
- Pet PolicyBuilding-specific pet policies to be determined by condominium association; inquire with management
- Renovation HistoryNew construction - Buildings A, B, C, F, G, H are RFO; Buildings N, O, P, Q near-RFO (12-18 months); Buildings K, L, S pre-selling (30-36 months)
- Storage SpacesDrying area in each unit; additional storage available through maintenance facilities
- Cultural HeritageLocated in historic Mactan Island, site of significant historical events in Philippine history
- Accessibility NotesWalk-up condominium with accessible main entrances; ramp access to common areas; elevator planned for selected buildings
Market Insights
Comparative Listings
Rental Potential
Historical Price Trends
Real estate values in Cebu and Mactan Island have shown consistent appreciation of 5-7% annually. Plumera units have shown steady price increases since project launch, with current pricing reflecting market demand and completed infrastructure development.
Future Development Plans
Area is experiencing significant development with nearby commercial establishments, educational institutions expansion, and infrastructure improvements. MEPZ expansion and business process outsourcing growth in Mactan Island support strong rental demand for affordable units.
Reviews & Feedback 4.5
(3 reviews)
Excellent investment opportunity with good location near airport and schools. The amenities are well-maintained and the community is growing.
Affordable unit with great features. The flexible payment terms made it possible for me to own my first home.
Good rental potential in the area. Units are always in demand due to proximity to university and commercial areas.