Property Description

Arterra Bayfront Residences – Ready for Occupancy Condotel and Residential Condominium in Discovery Bay

Arterra Bayfront Residences by Discovery Bay is Sta. Lucia Land’s premier ocean view property at Punta Engaño, Cebu.

Live your dream retirement by owning a unit at this first-class location and enjoy gorgeous views of the ocean while relaxing and enjoying our premium features and amenities.

Arterra Bayfront Residences is perched at the very edge of the famed diving destination on Mactan Island, granting you a truly panoramic view of the ocean.

Apart from the breathtaking sight, the location is as brilliantly strategic – Arterra is located on the tip of Punta Engaño, the same strip where the most popular 5-star hotels stand and the international airport only a 20-minute drive away. This latest development is a celebration of a life lived in harmony with nature.

Ready for Occupancy Units Still Available!

All condotel units are situated on the 3rd to 11th floors, while Residential units occupy 12th to 20th floor.

With Sta. Lucia’s years at expertise in developing and growing properties, it is good to know that there are also other successful operational condotels in Cebu, Mactan under their management.

AVAILABILITY as of JUNE 2022:

Condotel Units

• STUDIO: 31.11 – 38.54 sqm
  Php 4.69 – 5.36M
• 1-BEDROOM: 65.07 sqm
  Php 10.1 – 10.14M
• 2-BEDROOM: 63.25 sqm
  Php 10,063,219.20

Residential Units:

• STUDIO: 31.11 sqm (1 Unit Left)
  Php 4,477,351.20
• 1-BEDROOM: 65.07 sqm
  Php 9.05 – 9.47M
• 2-BEDROOM: 63.21 – 95 sqm
  Php 9.08 – 13.99M

PAYMENT TERMS

• Reservation Fee:
  • Studio: Php 25,000
  • 1-Bedroom: Php 40,000
  • 2 -Bedroom: Php 50,000
• Scheme 1:
  • 100% Cash, No Reservation with applicable discounts
    • 12% discount on the 90% if paid within 7 days
    • 10% discount on the 90% if paid within 30 days from date of RF
    • 5% discount on the 90% if paid 12 months, no interest
• Scheme 2:
  • Reservation Fee
    • 20%-89% Down payment with applicable discounts:
    • 10% Discount if paid outright w/in 7 days from RF
    • 7% Discount if paid 30 days from date of RF
    • 5% discount if paid within 60 days from date of RF
  • Balance payable monthly in 24 mos, No int. or payable in 5 to 10 years at 16% int. p.a. or thru Bank Financing
• Scheme 3:
  • Reservation Fee
  • 20% – 50% Down payment payable in 12 mos., No interest
  • Balance payable in 5-10 years at 16% int. p.a. or thru Bank financing
• Scheme 4:
  • No Reservation, No Down payment
  • Total Selling Price payable monthly in 24 months no int.

Note: 15 years contract of Condotel to Sta. Lucia

Privileges- Dividend
1. 30% – Hotel Management
2. 70% -Unit Owner

Move-in Fees:
Studio: Php 45,000
1-Bedroom: Php 65,000
2-Bedroom: Php 75,000

Association Dues: Php 56,000 per sqm (3 months advanced)

AMENITIES:

• Basketball Court convertible into Badminton Court
• Fitness Gym
• Billiard & Game Room
• Health Spa
• Business Center
• Function Rooms
• Coffee Shop & Restaurant
• Swimming Pool & Children’s Pool
• Jacuzzi
• Pool Bar & Pro Shop

WATERSPORT FACILIIES:

• Jet Ski
• Hobie Cats
• Paragliding
• Diving

OTHER WATER ACTIVITIES:

• Island Hopping
• Fishing

For inquiries about the project, please don’t hesitate to call or message us. We’ll be happy to help you out.

Betty: 0942-297-6007 or (032) 260-7965 (PLDT)

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