Foreign retirees and investors show interest due to the ability to own condominium units in their own names under the Condominium Act of the Philippines (R.A. 4726), allowing up to 40% foreign ownership.
Property Overview
The Boulevard Residences is the first high-end condotel to rise at the heart of Dumaguete City. Strategically located along Rizal Boulevard, this mixed-use development offers commercial, office, hotel and residential units with a blend of modern amenities and convenient location near restaurants, shopping destinations, coffee shops, banks, schools, and clinics. The 12-floor development features studio, 1-bedroom, and 2-bedroom units designed for both residential living and short-term rental opportunities.
Building Information
Units
Available units in The Boulevard Residences (Condotel)
Location & Neighbourhood
- Full AddressRizal Avenue, Dumaguete City, Negros Oriental, Philippines
- SubdivisionRizal Boulevard
- City / MunicipalityDumaguete City
- ProvinceNegros Oriental
- Zip Code6200
- Walkability Score85
Nearby Places
- Dumaguete City Hall1.5 km10 minutes
- Robinsons Place Dumaguete2 km15 minutes
- Silliman University3 km20 minutes
- Rizal Boulevard (Public Washrooms)0.2 km3 minutes
- Bethel Guest House0.3 km5 minutes
About the Neighbourhood
Located at the heart of Dumaguete City along Rizal Boulevard, the property enjoys proximity to restaurants, shopping destinations, coffee shops, banks, schools, and clinics. The area is walkable with convenient access to commercial establishments and recreational facilities.
Flood Risk Information
The property is located near sea level with potential groundwater and oceanic water permeation concerns that required significant water management during foundation construction.
Legal Documentation
Zoning Information
Commercial/Residential Mixed-Use Zone - PD 957
Additional Information
- Reason for SellingProject selling by developer - first condotel development in Dumaguete City
- Cultural HeritageLocated on Rizal Boulevard, a historically significant street in Dumaguete City
Market Insights
Rental Potential
Historical Price Trends
The Boulevard Residences experienced slow construction progress from 2013 to 2016 due to foundation challenges related to groundwater and oceanic water permeation. The project remains in pre-selling phase with pricing relatively stable in the high-end luxury segment.
Future Development Plans
Planned completion and handover of units to investors and residents following construction milestones.