Listed property developer Cebu Landmasters Inc. announced Tuesday the opening of the third tower of Costa Mira Beachtown Panglao, a project of CL-Lite Panglao Inc., its joint venture with Lite Properties Corp
The first two towers of Cebu Landmasters’ beachtown residences in Panglao island in Bohol are now 80 percent sold since market introduction a few months ago.
Costa Mira Beachtown Panglao is a P5.3-billion tropical beach community located on a 4.05-hectare lot at Totolan town in Dauis.
“Costa Mira Beachtown Panglao was designed with the idea of tropical paradise in mind, one that showcases Bohol’s rich culture and beautiful natural resources while standing out as signature CLI development,” CLI chairman and chief executive officer Jose Soberano III said.
“We take pride in the success of Costa Mira Beachtown Panglao with our partner LiTe Properties Corporation as we launch its third tower to accommodate more residents aspiring for an inspiring and relaxed life in Bohol.”
With the launch of its third tower, the total unit inventory of Costa Mira Beachtown Panglao climbs to 1,056, spread across three categories. Studio units present a floor area from 22 sqm to 25.36 sqm with balcony. Meanwhile, 1-bedroom units offer 38.85 sqm to 45.88 sqm with balcony. Lastly, the floor area for 2-bedroom units stands at 51.40 sqm. Unit prices at Costa Mira Beachtown Panglao range from P2.8M to P8M.
CLI has more than 100 existing developments in 16 key cities in Visayas and Mindanao, with another P29.75 billion worth of projects in the pipeline.
