There are strong compelling reasons to buy this land next to Mabuhay Maritime Express
The property forms about 250 meters of road frontage that will be part of a circumferential road that will connect to Kalibo Airport via a seaside route. Furthermore, the road will run through the sea front part of the property and is immediately adjacent to the new port constructed by Lucio Tan owned Philippine Airlines who are operating a fast craft port called Mabuhay Maritme Express to carry tourists to and from Boracay.
It is clear that a fast boat trip direct to Boracay (just 30 mins) by Mabuhay Maritime Express is vastly preferable to taking a bus (90mins) on the incredibly dangerous road between Kalibo and Caticlan and having to take a low quality pump boat from the Jetty Port in Caticlan (15 mins plus transfer from bus to boat). The property will have access from at least 3 different national roads and from the highway.
Additionally, The property is also in the middle of the approved provincial reclamation project to develop almost 200 hectares into prime business, tourist, residential, hotels, restaurants, bars, along with a boardwalk along the sea side of the circumferential road. The lot offers genuinely high investment potential.
Their plan is to also reclaim approximately 100 hectares of ocean land to develop a harbor, breakwater, major port with the plan to accommodate and be the home port of a cruise line.
The area is being nicknamed “New Kalibo” and the property is directly in the middle of all this development. The circumferential road that will run through the property on the ocean side has been approved and budgeted for by the DPWH and is scheduled to be completed in 2019.
With all the approved projects and with Lucio Tan spearheading the development of the area this would be a perfect time to capitalize on the attractive current property pricing and realize an excellent ROI.
Price on application only – principals only – no agents.
Key words – lot, land, Kalibo, investment, ROI, Mabuhay Maritime Express, beachfront, ‘New Kaibo’, ‘reclamation project’ Mabuhay Maritme Express