Property Overview
El Nido Prime Residences Phase 1 is a commercial subdivision development strategically located in Bagong Bayan, El Nido, Palawan. The project features 21 non-residential commercial units positioned along the National Highway, offering prime visibility and accessibility for business ventures. The development is gated and guarded with complete amenities including clubhouse, swimming pool, and gymnasium. Located only 25-30 minutes from Lio Airport and 20 minutes from Corong Corong Town proper, the project is ideal for commercial businesses, offices, and hospitality ventures. With completion targeted for December 31, 2025, this is an excellent pre-selling opportunity for investors and entrepreneurs seeking commercial space in one of Palawan's most dynamic tourism destinations.
Location & Neighbourhood
- Full AddressBagong Bayan, El Nido, Palawan, Philippines
- SubdivisionEl Nido Prime Residences Phase 1
- City / MunicipalityEl Nido
- ProvincePalawan
- Zip Code5313
- Walkability Score65
Nearby Places
- Lio Airport (El Nido Airport)25-30 km25-30 minutes
- Corong Corong Town Proper20 km20 minutes
- El Nido Town Proper10 km15 minutes
- Bebeladan Bay / Bacuit Bay10 km15 minutes
- El Nido Main Beach8 km12 minutes
- National Highway (Taytay-El Nido)Adjacent0 minutes
About the Neighbourhood
El Nido is a premier tourism destination in Palawan known for its stunning natural beauty, pristine beaches, limestone cliffs, and crystal-clear waters. The area is experiencing significant development as a major tourist hub with numerous resorts, restaurants, and commercial establishments. Bagong Bayan area offers good accessibility via the National Highway and proximity to the El Nido Airport. The neighborhood is developing rapidly with increasing commercial activity while maintaining the area's natural appeal and tourism infrastructure.
Flood Risk Information
El Nido is in a tropical climate region. Bagong Bayan area is relatively elevated and along the National Highway. The property's proximity to the main highway ensures good drainage and accessibility. Standard flood mitigation measures are recommended for any structures in the region due to seasonal typhoon patterns typical of Palawan.
Legal Documentation
Zoning Information
Commercial Non-Residential (NR) zoning as per DHSUD classification. Land use is designated for commercial development with mixed-use possibilities suitable for offices, retail, hospitality, and business ventures.
Additional Information
- Reason for SellingNew development phase - pre-selling opportunity for early investors
- Pet PolicyNot specified
- Renovation HistoryNew development - pre-selling phase
- Storage SpacesAvailable in commercial units
- Cultural HeritageLocated in El Nido, one of the Philippines' most significant tourism and natural heritage areas with access to Bacuit Archipelago UNESCO-protected waters
- Accessibility NotesLocated along National Highway for easy accessibility. Strategic position near Lio Airport and main town centers. Commercial spaces designed for business operations.
Market Insights
Comparative Listings
Rental Potential
Historical Price Trends
El Nido commercial property market has experienced steady growth due to increased tourism development and infrastructure improvements. The area is experiencing significant price appreciation as it develops into a major tourism and business hub in Palawan. The completion of Lio Airport expansion and ongoing tourism estate developments (such as Ayala's Lio Estate) have driven commercial property values upward.
Future Development Plans
El Nido is positioned as a major tourism destination with ongoing development including Ayala's Lio Estate (325-hectare tourism estate with beachfront development), airport expansion, and infrastructure improvements. The area is attracting major real estate developers and is expected to continue experiencing commercial and residential growth through 2025-2030.