Olivera Residences-Majorca (Formerly Manors Bacolod-Majorca Building)

GM Cordova Avenue, Buri Road, Brgy. Mandalagan, Bacolod City, Negros Occidental, Bacolod City, Negros Occidental

Property Overview

Project Selling
Ready for Occupancy / Ready for Use
Condominium
Condominium

Olvera Residences is a splendid meld of contemporary luxury and the unique charm of the City of Smiles. Strategically located in GM Cordova Avenue, Buri Road, Brgy. Mandalagan, Bacolod City, it connects residents to the vibrant heartbeat of Bacolod. The project features three towers (Ibiza, Majorca, and Capri) with studio and 1-bedroom units. The condominium offers modern amenities including swimming pool, clubhouse, playcourt, gym, landscaped open areas, electric fence, and lobby. Located close to business districts and near schools, with easy access to shopping centers like SM City Bacolod and Robinsons Place Bacolod.

Building Information

Tower Ibiza Tower 7 floors
Tower Majorca Tower 7 floors
Tower Capri Tower 7 floors
Communities Negros, Inc. logo
Developer

Communities Negros, Inc.

residential
offices

Units

Available units in Olivera Residences-Majorca (Formerly Manors Bacolod-Majorca Building)

Location & Neighbourhood

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

Nearby Places

  • SM City Bacolod
    2 km5-10 minutes
  • Robinsons Place Bacolod
    2.5 km8-12 minutes
  • The Ruins of Bacolod
    8 km15-20 minutes
  • Bacolod Public Plaza
    4 km10-15 minutes
  • Bacolod-Silay International Airport
    12 km15-20 minutes
  • Vista Mall Bacolod
    0.5 km2-3 minutes
About the Neighbourhood

Located in Brgy. Mandalagan, a strategic business district area with proximity to shopping centers, dining establishments, and entertainment venues. The neighborhood is characterized by urban development with access to essential services and educational institutions. Near major thoroughfares including Lacson Street and Araneta Avenue for easy connectivity.

Flood Risk Information

Bacolod City is generally flood-resilient with proper drainage systems. The Mandalagan area is elevated and not in a flood-prone zone.

Legal Documentation

Clear Title
Yes
Occupancy Permit
Yes

Zoning Information

Commercial/Residential Mixed-Use Zone - PD 957 Condominium Development

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 Project completion and market offering by developer Vista Land
  • Pet Policy Pet policies subject to HOA rules and restrictions
  • Renovation History New construction, completed April 2021, ready for occupancy
  • Storage Spaces Unit storage included in floor area; additional storage not available
  • Cultural Heritage Located in Bacolod City, known for MassKara Festival and cultural heritage
  • Accessibility Notes Ground floor units accessible to persons with disabilities; elevators available in all towers

Market Insights

Comparative Listings

manors-bacolod
Same Complex₱5,500,000.00
Rental Potential
12% Expected annual rental yield
Historical Price Trends

Olvera Residences pricing has remained relatively stable with slight increases as the project moves towards full occupancy. The project benefits from Vista Land's reputation and strategic location in Bacolod's growing business district.

Future Development Plans

Bacolod City continues to develop as a commercial and residential hub. The Mandalagan area is experiencing growth with additional commercial establishments and infrastructure improvements planned.

Reviews & Feedback
4.2 (3 reviews)

Property Investor avatar
Property Investor October 15, 2025

Great location with strong rental demand. The project is well-maintained and managed by Vista Land with reliable service.

Bacolod Resident avatar
Bacolod Resident September 20, 2025

Excellent amenities and good community atmosphere. Close to shopping and business areas. Affordable pricing for the quality offered.

Overseas Investor avatar
Overseas Investor August 30, 2025

Good investment opportunity in growing city. Vista Land has proven track record. Units suitable for rental business.