Mactan Plains Residences Studio – RFO Condominium in Lapu-Lapu City – SeekCebu

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Mactan Plains Residences

1. Executive Summary


Specification: Developer
Detail: Pacific Land Ventures & Property Development, Inc.

Specification: Project Status
Detail: Ready for Occupancy (RFO)

Specification: License to Sell
Detail: 033690

Specification: Completion Date
Detail: March 31, 2023

Specification: Number of Units
Detail: 340 across 18 storeys

Specification: Total Land Area
Detail: Approx. 1,206 sqm

Specification: Unit Type
Detail: Studio Unit (25.28 sqm)

Specification: Location
Detail: Angasil Road, Barangay Mactan, Lapu-Lapu City, Cebu

Strategically positioned in the heart of Mactan Island, Mactan Plains Residences Studio delivers a smart, high‑value entry point into one of Cebu’s most dynamic real estate markets. With a ready‑for‑occupancy studio measuring 25.28 sqm, this unit is offered at a compelling total price of ₱2,911,898—making homeownership or investment accessible without compromising on quality, location, or amenities.

For those seeking a turnkey living solution, the unit comes fully finished with premium interior features, including melamine board kitchen cabinets, granite countertops, bedroom closets, full bathroom fixtures, and complete electrical provisions for air conditioning, water heating, and range hood—all on a non‑LPG, purely electric cooking setup.

Key Differentiators at a Glance:

  • RFO Advantage – No construction wait; immediate move‑in or lease.
  • Low Entry Barrier – Reservation fee of just ₱10,000 (deductible from equity).
  • Dual Financing Options – Pag‑IBIG or Bank Financing to suit different buyer profiles.
  • Premium Amenities – Adult swimming pool, fitness gym, clubhouse, high‑speed elevators, basement parking, 100% standby emergency power.
  • Prime Mactan Location – 5 minutes to Mactan Doctors’ Hospital, 10 minutes to Shangri‑La’s Mactan Resort, 20 minutes to Mactan‑Cebu International Airport.

2. Prime Mactan Location: Where Convenience Meets Lifestyle

Nestled along Angasil Road in Barangay Mactan, the property offers a strategic balance of accessibility, urban convenience, and island living. Its location along the Quezon National Highway ensures seamless connectivity to key destinations across Lapu‑Lapu City and beyond.


Destination: Mactan Newtown
Travel Time: 5 minutes

Destination: Mactan Doctors’ Hospital
Travel Time: 5 minutes

Destination: Shangri‑La’s Mactan Resort
Travel Time: 10 minutes

Destination: Aruga Mactan
Travel Time: 12 minutes

Destination: Island Central Mactan
Travel Time: 14 minutes

Destination: MerryMart Grocery (Mactan Town Center)
Travel Time: 17 minutes

Destination: Lapu‑Lapu City College
Travel Time: 17 minutes

Destination: Mactan‑Cebu International Airport
Travel Time: 20 minutes

Beyond these immediate conveniences, Mactan Island is undergoing rapid infrastructure and economic transformation. Recent expansions at the Mactan‑Cebu International Airport have significantly boosted passenger capacity and efficiency, positioning the island as a central node in the region’s transportation network. The opening of the Cebu–Cordova Link Expressway and ongoing upgrades to key road networks have dramatically improved accessibility to and from the main island. Moreover, new mixed‑use developments such as Mahi Center, a PEZA‑accredited lifestyle and business hub just minutes from the airport, are further elevating Mactan’s appeal as a destination for both leisure and enterprise.


3. Why Invest in Mactan Plains Residences Studio?

studio condo units in mactan

Mactan Island has emerged as a prime destination for real estate investment, driven by robust economic growth, rising tourism, and a flurry of infrastructure developments. A studio unit at Mactan Plains Residences offers a compelling entry point into this thriving market.

Key Investment Highlights:

  • Capital Appreciation. Steady double‑digit appreciation has been observed in key areas of Mactan, fueled by limited land availability and sustained demand. With continued infrastructure spending and commercial expansion, property values are poised for long‑term growth.
  • Strong Rental Demand. The Mactan condo market in 2026 shows steady growth, with annual price gains of approximately 5% and rental yields ranging from 6% to 9% in prime areas. Demand from OFW returnees, tourism workers, and airport‑adjacent professionals keeps vacancy rates low.
  • Resort‑Island Lifestyle. Positioned near world‑class beach resorts, the Mactan Newtown township, and the upcoming Mahi Center, the studio unit appeals to both long‑term renters and short‑term leisure travelers seeking a modern, secure, amenity‑rich base.
  • High Liquidity for Resale. Smaller studio units in well‑located, amenitized condominiums consistently rank among the most liquid real estate assets, attracting first‑time buyers, young professionals, and small investors.

Why This Studio Unit Specifically Stands Out:

At just 25.28 sqm, the studio is thoughtfully laid out to maximize every square meter—integrating living, dining, bedroom, kitchen, and toilet & bath areas into a cohesive, functional space. It is designed as a true turnkey investment: ready for immediate occupancy or lease with no additional fit‑out costs. The RFO status eliminates construction delays and uncertainty, providing immediate cash flow potential for investors.


4. Project Details


Category: Developer
Information: Pacific Land Ventures & Property Development, Inc.

Category: Project Status
Information: Ready for Occupancy (RFO)

Category: License to Sell
Information: 033690

Category: Completion Date
Information: March 31, 2023

Category: Total Land Area
Information: Approx. 1,206 sqm

Category: Building Storeys
Information: 18 storeys

Category: Total Units
Information: 340 residential units

Category: Elevators
Information: Three (3) high‑speed elevators

Category: Safety Systems
Information: Fire alarm and automatic sprinkler system


5. Unit Specifications – Studio (25.28 sqm)


Living & Dining Area
Included: ✓

Bedroom Area
Included: ✓

Kitchen Area
Included: ✓

Toilet & Bath
Included: ✓

Balcony
Included: —

Interior Finishes & Features:


Kitchen Cabinets
Specification: Melamine board with stainless steel sink and granite countertop

Bedroom Closet
Specification: Melamine board wardrobe

Flooring
Specification: Tiled flooring throughout; ceramic floor and wall tiles in toilet & bath

Walls & Ceilings
Specification: Painted cement finish

Bathroom
Specification: Complete fixtures, accessories, and exhaust fan

Air Conditioning
Specification: Electrical provision for AC unit

Water Heating
Specification: Electrical provision for portable water heater at shower area

Range Hood
Specification: Electrical provision for filter‑type range hood

Cooking
Specification: Non‑LPG, purely electric cooking provisions

Connectivity
Specification: Telephone and CATV provisions

Safety
Specification: Fire alarm and smoke detector in each unit

Deliverable: Finished — no additional renovation required; ready for immediate occupancy or rental placement.


6. Building & Amenities


Swimming Pool
Description: Adult swimming pool

Fitness Gym
Description: Fully equipped fitness center

Clubhouse
Description: Multi‑purpose clubhouse

Lobby & Reception
Description: Main lobby with reception area

Multi‑Purpose Court
Description: Recreational court for sports & events

Parking
Description: Basement and ground floor parking

Garbage Disposal
Description: Centralized collection with segregated garbage chutes

Mailboxes
Description: Individual mailboxes for each unit

Elevators
Description: Three (3) high‑speed elevators for efficient vertical transport

Security
Description: 24/7 security personnel

Fire Safety
Description: Fire detection and automatic alarm & sprinkler system

Emergency Power
Description: 100% standby generator

Key Operational Advantages:

  • Centralized Garbage System with Segregated Chutes. Promotes cleanliness and environmental responsibility.
  • Three High‑Speed Elevators. Minimizes wait times across 18 storeys.
  • Standby Generator. Ensures uninterrupted power for lighting, elevators, and common areas during outages—a critical feature for both residents and short‑term renters.
  • Fire Detection & Alarm System. Provides peace of mind and compliance with safety regulations.

7. Financing & Payment Options

🔹 Pag‑IBIG Financing (Recommended for First‑Time Homebuyers & OFWs)


Total Price
Amount: ₱2,911,898.00

Reservation Fee
Amount: ₱10,000.00 (deductible from equity)

Down Payment / Equity
Amount: ₱60,000.00

Equity Payment Terms
Amount: ₱10,000.00/month for 6 months

Loanable Amount
Amount: ₱2,841,898.00

Pag‑IBIG Monthly Amortization Estimates:


Loan Term: 30 years
Estimated Monthly Payment: ₱17,038.61

Loan Term: 25 years
Estimated Monthly Payment: ₱18,310.39

Loan Term: 20 years
Estimated Monthly Payment: ₱20,360.24

Loan Term: 15 years
Estimated Monthly Payment: ₱23,981.55

Loan Term: 10 years
Estimated Monthly Payment: ₱31,550.89

Loan Term: 5 years
Estimated Monthly Payment: ₱54,941.85

Pag‑IBIG Advantage as of 2026: Qualified first‑time homebuyers earning below ₱34,686 per month (outside NCR) may access a subsidized 3% interest rate for the first five years under the Expanded 4PH Program. Early borrowers may even lock in the 3% rate for the first ten years under the Early Bird Promo. This represents a significant savings compared to standard market rates.

🔹 Bank Financing (Alternative for Higher Income or Larger Loan Amounts)


Total Price
Amount: ₱2,911,898.00

Reservation Fee
Amount: ₱10,000.00 (deductible from equity)

Down Payment / Equity
Amount: ₱281,190.00

Equity Payment Terms
Amount: ₱46,865.00/month for 6 months

Loanable Amount
Amount: ₱2,620,708.00

Bank Monthly Amortization Estimates:


Loan Term: 20 years
Estimated Monthly Payment: ₱18,775.57

Loan Term: 15 years
Estimated Monthly Payment: ₱22,115.02

Loan Term: 10 years
Estimated Monthly Payment: ₱29,095.23

Loan Term: 5 years
Estimated Monthly Payment: ₱50,665.63

Comparison of Financing Options:

Minimum Down Payment
Pag‑IBIG Financing: ₱60,000 (plus ₱10,000 reservation)
Bank Financing: ₱281,190 (plus ₱10,000 reservation)

Equity Monthly (6 mos)
Pag‑IBIG Financing: ₱10,000
Bank Financing: ₱46,865

Lowest Monthly Amortization
Pag‑IBIG Financing: ₱17,039 (30 years)
Bank Financing: ₱18,776 (20 years)

Potential Interest Rate
Pag‑IBIG Financing: As low as 3% for qualified borrowers
Bank Financing: Standard market rates (typically 6%–8%)

Best For
Pag‑IBIG Financing: First‑time buyers, OFWs, moderate income
Bank Financing: Higher income, larger down payment capacity


8. Why Choose Mactan Plains Residences Studio?

  • RFO (Ready for Occupancy). No waiting period. Move in immediately or start earning rental income right away.
  • Smart Studio Layout. 25.28 sqm efficiently designed to maximize living, dining, sleeping, and kitchen spaces—ideal for singles, couples, or short‑term rentals.
  • Premium Finishes Included. Granite countertops, tiled flooring, full bathroom fixtures, and complete electrical provisions are all part of the standard unit—no hidden upgrade costs.
  • Comprehensive Amenities. From the adult swimming pool and fitness gym to the clubhouse and multi‑purpose court, every amenity is designed for modern urban living.
  • Peace of Mind. 24/7 security, automatic fire detection and alarm, standby generator, and basement parking ensure safety and convenience for all residents.
  • Flexible Ownership Paths. Whether you are a first‑time homebuyer leveraging Pag‑IBIG’s subsidized 3% rate, an OFW securing a retirement property, or an investor seeking rental income, the financing options accommodate your specific financial profile.

9. Developer Profile: Pacific Land Ventures & Property Development, Inc.

Pacific Land Ventures is an established developer in Cebu with a track record of delivering thoughtfully planned residential communities. The company’s portfolio includes Mactan Plains, Pueblo El Grande, and Midpoint Residences. The developer completed Mactan Plains Residences on March 31, 2023, demonstrating reliability in project execution and timely turnover. The license to sell (LS No. 033690) and HLURB CVR AA‑2019/02‑555 further attest to full regulatory compliance.

💡 Ready to Reserve?

  1. Reservation Fee: Only ₱10,000 (deductible from equity).
  2. Select Your Preferred Financing: Pag‑IBIG (lowest entry) or Bank Financing.
  3. Sign the Contract to Sell and begin your 6‑month equity payment plan.
  4. Move In or Lease Out immediately after loan approval.

Important Note: Real estate property values are appreciating daily. The prices and payment terms above are subject to change without prior notice. To lock in the current rate and reserve your studio unit, contact the developer’s marketing team today.

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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