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Vista Residences carves a community in paradise

Six-hectare Costa Vista Boracay

Vista Residences is offering a once-in-a-lifetime opportunity for people to own a “piece of paradise” with Costa Vista Boracay.

The condominium arm of Vista Land is unveiling a grand community – comprised of six stunning residential towers, private villas, and a hotel – in the island destination which will span six hectares. It will offer an authentic beach lifestyle desired especially among those who have dwelled in urban cities for a long time.

Aerial view of Costa Vista Boracay

Aerial view of Costa Vista Boracay

Costa Vista Boracay is located on Punta Bunga beach at the island’s north-western tip, in between Shangri-La and Movenpick Hotels.

“[The neighboring properties in the area] are all resorts and you cannot own a piece of it. You can only book a room. Here, you can actually own a unit — whether you have it rented out, or you use it as a retirement place,” said Nova Noval, Sales, Marketing, and Residential Leasing head.

Noval added that they have a team composed of marketing and sales people offering asset management for those who want to lease their property.

“We don’t just sell our properties. Since the trend now is for you to buy a condominium to have it rented out and earn passive income, we have a team to help you,” she said.

Having been named by Travel & Leisure Magazine as the “World’s Best Island” for two consecutive years, Boracay tourists are expected to reach up to four million by 2020. With the expansion of Caticlan airport which will allow international flights to directly fly to Boracay, tourists now have an easier access to the island.

The development will span six hectares.

The development will span six hectares.

“We chose Boracay because we know that it will have a good rental income. It is in need of 15,000 rooms to accommodate tourists. Right now, Boracay only has 7,000 rooms available,” Vista Residences managing director Elizabeth Kalaw said.

The mid-rise towers will offer studio to two-bedroom luxuriously appointed units, which will range from P3.6 million to P7.5 million. It will be equipped with 24/7 state-of-the-art security and safety protocols – including a CCTV system in all the common areas, Wi-Fi, smoke and fire warning and sprinkler systems.

Concierge, receptionists, and security guards will address the needs of tenants.

This village of six to eight-storey towers that reaches the Boracay sky will be nestled in the quieter side of this paradise, yet close to everything exciting about the place.

Costa Vista Boracay is on the same side as the famed White Sand beach, and will be located along a major Boracay highway, making it very accessible to the other points of the island, as well as to the tourist destinations and establishments.

It is situated at Barangay Yapak in Malay, Aklan, no more than 15 minutes from three of the island’s four more popular beaches – White Beach, Bulabog Beach (famous for its water sports), and Mt. Luho, the island’s highest peak where the view is beyond stunning. Puka Beach – where only the most exclusive hotels have risen – is also a quick five minutes from the property.

The paradise promises to offer something for each tourist from various ages who come to see Boracay all year round.  It has nine beach coves on the island, 27 dive spots, endless night life possibilities, an extensive range of water sports and activities.

“Costa Vista Boracay is another strategic step in expanding our presence in the island, bringing Vista Residences’ expertise in creating ideal communities. We are taking advantage of the increasing number of tourist arrivals and the favorable macroeconomic condition of the Philippines. This will be attractive for both end users and investors who are looking for either a home or a source of rental income,” Vista Land Chairman Manuel B. Villar, Jr. said.

The first two towers of Costa Vista will be launched in three to four years, while the whole development will be finished in eight years.

“We have been receiving quite an overwhelming response to the first few buildings, so we’re quite optimistic that soon, we will be able to open another one in Boracay,” Noval concluded.