FOR SALE: A Prime 1.8-Hectare Development Land Bank in the Heart of Cebu City – Located Right Behind the Provincial Capitol
An extraordinary opportunity to acquire a sprawling 1.8-hectare (18,000 square meters) contiguous parcel of titled land, situated in one of the most strategic locations in Cebu City—directly at the back of the Cebu Provincial Capitol. In an urban center where land is increasingly scarce, assembling this scale of contiguous property within the city core is virtually impossible today. This site offers unmatched potential for major horizontal or vertical master-planned development.
Property Overview
- Total Lot Area: 1.8 Hectares (18,000 sqm, more or less)
- Location: Directly behind the Cebu Provincial Capitol, Barangay Capitol Site, Cebu City
- Asking Price: ₱95,000 per square meter
- Total Contract Price: ₱1,710,000,000 (One Billion Seven Hundred Ten Million Pesos)
Why This Address Commands a Premium
The Cebu Capitol complex serves as the civic and institutional anchor of the province. Properties in this immediate perimeter benefit from high security, central prestige, and rapid connectivity to Cebu City’s primary arterial routes—including N. Escario Street, Osmeña Boulevard, and M. Velez Street.
Positioned within minutes of major tertiary medical centers (Chong Hua Hospital, Cebu Doctors’ Hospital), top universities, and government hubs, this property links the residential charm of Guadalupe with the central business core. Its tucked-away location behind the Capitol offers the rare advantage of privacy and tranquility while keeping you seconds away from the city’s primary thoroughfares.
Strategic Advantages for Developers
- Unprecedented Scale: 18,000 square meters of contiguous titled land bank in midtown Cebu City.
- Flexible Zoning Potential: Ideal for high-density residential towers, a mixed-use township, medical tourism compounds, corporate BPO campuses, or an elite gated community. (Buyer to verify and secure applicable zoning reclassification with Cebu City Hall.)
- Scarcity & Appreciation: Large land parcels in central Cebu City guarantee strong capital preservation and long-term yield potential as urban land inventory disappears.
Highest & Best Use Concepts
- Integrated Vertical Township: High-rise residential condominiums with a dedicated lifestyle podium.
- Medical / Institutional Compound: Expand on the area’s established healthcare ecosystem.
- Exclusive Gated Enclave: A private horizontal luxury subdivision right in central Cebu City.
- Corporate / BPO Campus: Office space serving the growing demand for central city operations.
Contact Us
Author
John Paul Ybañez Paquibot
Licensed Real Estate Broker | PRC No. 00014132 | DHSUD No. CVRFO-B-03/18-2672
Bachelors Realty and Brokerage, Inc. Cebu
G/F Cap Building, Brgy. Corner, Osmeña Blvd.
Arlington Pond St. Extension, Cebu City, 6000 Cebu
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