Plumera Condominium -Building P

7XWG+95P, Basak-Cagodoy-Bankal-Buaya Rd, Lapu-Lapu City, 6016 Cebu, Philippines, Lapu-Lapu City, Cebu

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Property Overview

Project Selling
Pre-Selling
Condominium
Condominium

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

Tower Building A 4 floors
Tower Building B 4 floors
Tower Building C 4 floors
Tower Building F 4 floors
Tower Building G 4 floors
Tower Building H 4 floors
Tower Building N 4 floors
Tower Building O 4 floors
Tower Building P 4 floors
Tower Building Q 4 floors
Tower Building K 4 floors
Tower Building L 4 floors
Tower Building S 4 floors
Johndorf Ventures Corporation logo
Developer

Johndorf Ventures Corporation

residential
offices

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 Score
    75

Nearby Places

  • Mactan-Cebu International Airport
    13 km20 minutes
  • Indiana Aerospace University
    3 km5 minutes
  • Mactan Doctors Hospital
    4 km5 minutes
  • Gaisano Grand Mall Basak
    5 km8 minutes
  • Mactan Town Center
    4 km7 minutes
  • Lapu-Lapu City College
    5 km10 minutes
  • Lapu-Lapu City Hall
    10 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

Clear Title
Yes
Occupancy Permit
Yes

Zoning Information

OM Condo - PD 957 (Residential Condominium under Presidential Decree 957)

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 development project - units available for pre-selling and ready for occupancy as construction phases complete
  • Pet Policy Building-specific pet policies to be determined by condominium association; inquire with management
  • Renovation History New 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 Spaces Drying area in each unit; additional storage available through maintenance facilities
  • Cultural Heritage Located in historic Mactan Island, site of significant historical events in Philippine history
  • Accessibility Notes Walk-up condominium with accessible main entrances; ramp access to common areas; elevator planned for selected buildings

Market Insights

Comparative Listings

comp-1
1.5 km - Similar Studio Unit in nearby complex₱3,500,000.00
comp-2
2 km - Similar 1-Bedroom Unit₱4,800,000.00
comp-3
0.8 km - Another Plumera Studio Unit₱3,100,000.00
Rental Potential
8% Expected annual rental yield
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)

OFW Investor avatar
OFW Investor September 15, 2024

Excellent investment opportunity with good location near airport and schools. The amenities are well-maintained and the community is growing.

First-time Buyer avatar
First-time Buyer August 20, 2024

Affordable unit with great features. The flexible payment terms made it possible for me to own my first home.

Property Investor avatar
Property Investor July 10, 2024

Good rental potential in the area. Units are always in demand due to proximity to university and commercial areas.