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ARTERRA RESIDENCES Cebu City—The Second Largest and Oldest City in the Philippines—Is Found in Central Visayas

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ARTERRA RESIDENCES Cebu City—The Second Largest and Oldest City in the Philippines—Is Found in Central Visayas QUEEN CITY OF THE SOUTH C E B U ARTERRA RESIDENCES Cebu City—the second largest and oldest city in the Philippines—is found in Central Visayas. Located on Cebu Island’s eastern coast, protected by offshore Mactan Island and by the inland Cordillera Central. It is the political, economic, educational and cultural center of the Visayas. http://www.tourism.gov.ph/PHIL_DESTINATION.ASPX Cebu is accessible by air via the Mactan–Cebu International Airport located in Lapu-Lapu City which has direct international flights to Hong Kong, Malaysia, Singapore, Japan, China, Taiwan, Los Angeles, Dubai and South Korea, Charter flights to Russia and domestic destinations. SINULOG FESTIVAL • Cebu is also known for its Sinulog Festival—a celebration in honor of the Santo Niño or the child Jesus who used to be the patron saint of the whole Cebu province. • Sinulog is essentially a dance ritual which remembers the Filipino people’s pagan past and their acceptance of Christianity, but over the years also features Cebu export quality products. • It is among the grandest and most colorful festivals in the Philippines and has become a tourist attraction. TOP TOURIST DESTINATION • Cebu is the ultimate tourism hub in Central Visayas. It was recognized as Asia’s 7th best island in the World Best Awards 2019 of New York based magazine Travel + Leisure. • Expansion of hotels and resorts continue to attract tourists • The United Nations Educational, Scientific and Cultural Organization also declared Cebu as a Creative City for Design • The modernization of the Mactan-Cebu International Airport (MCIA) also helped Cebu’s tourism to further achieve strong economic resiliency. MCIA’s Terminal 2 that serves as international passengers and flights won the Completed Buildings: Transport category in the World Architecture Festival 2019 https://www.sunstar.com.ph/article/1820447 https://www.sunstar.com.ph/article/1837752 TOP TOURIST DESTINATION • In 2019, tourist arrival in CENTRAL VISAYAS registered over PHP 97 BILLION tourism revenues from the 5,11,084 domestic visitors, and 4,308,226 foreign tourists that visited the region. • Among the 9.4 MILLION tourists in the region, Cebu had the lion share of 79 PERCENT. • Aside from the local and foreign tourists that visited the city to see its famous tourist spots, the entry of big-ticket MICE (Meetings, Incentives, Conferences and Exhibits) events to Cebu further boosted the already booming MICE business in the city. In 2019, Cebu hosted 52nd Asia Pacific Privacy Authorities Forum, Centre for Aviation LCC in North Asia, and the Routes Asia 2019. https://www.philstar.com/the-freeman/cebu-business/2019/01/03/1881964/tourism-cebus-likely-economic-savior-2019#7cTQZbRPudXvlOsP.99 https://www.sunstar.com.ph/article/1837752 https://news.mb.com.ph/2020/03/10/c-visayas-reeled-from-p2-18-b-lost-revenues-from-aborted-chinese-tourist-arrivals/?__cf_chl_jschl_tk__=0ffe394a9c7ca597304ffcd869cb47dad160528f-1587974151-0- AUrMHUcsHJwOolCtfk9K3c_92_ud2URjb2i5VY5hHNX_TKen6pzcTEG_iuFwm8MkATp0N_uZmydZxz80JhHzJrYLNoKMmFyYHobKqfhvrZAYxcCkTPA- nLFHNAo7fxoLJAsH9hIkRTIv7SXYjg7L0Mwjo5M6b2tuKbNGkqhJLRi8p7Qkwp2gZuQF8vsZmanA-CVuSVIlwPWwMaBa4CkBLDaaxmiFZ9QyyQs1ppNieEssWz-xi9QaFhCOjyQffx7aROuTQy1aX9M0QURxWHD03R- AET20MIAFcCjefXT5umbS8j_vjsGVDX0c_KfRYQPAv393pmbFuJCKFrwwDbMthxntvxTw7AbEei_6OF9yDzbTOOXfnvD7VLTEWvwOdfFZw7PLx9ukYZGnb96SfNecN2I MACTAN ISLAND Located on the southeast of Cebu Island, Mactan Island is a paradise in itself boasting pristine waters, beautiful white sand beaches, making the place famous worldwide. It is also known as the very site where the Battle of Mactan occurred—first battle between native Filipinos and Europeans in 1521. MACTAN ISLAND • Mactan Island is divided into Lapu-Lapu City and the municipality of Cordova. • International airport servicing Cebu is located in Mactan Island known as the Mactan-Cebu International Airport (MCIA). As of April 2019, MCIA has 4.11M international passengers • Being a coral island, Mactan is a high-class tourism industry that offers some of the best diving, snorkeling, island hopping, jet ski, sailing and cultural activities of any island in the Philippines. https://business.inquirer.net/273495/fast-facts-mactan-cebu#ixzz65gzNvmWY TOURIST DESTINATIONS LAPU-LAPU MONUMENT SAN VICENTE MARINE SANCTUARY MAGELLAN’S CROSS Punta Engaño Rd, Lapu-Lapu City San Vicente, Lapu Lapu P. Burgos St, Cebu City 14 MINS AWAY 19 MINS to HILTON PORT 59 MINS AWAY From Arterra Residences 25 MINS BOAT RIDE to SANTA ROSA PORT CEBU-CORDOVA LINK EXPRESSWAY FUTURE DEVELOPMENT CEBU-CORDOVA LINK EXPRESSWAY (CCLEX) • The P25-billion project with a length of 8.25 kilometers would connect Cebu City to Cordova town on Mactan Island. Once completed, it will be the longest bridge connecting two islands in the Philippines. • Currently, travellers have to use 2 existing bridges – Mandaue-Mactan Bridge and Marcelo- Ferman Bridge – in order to go to and from Mactan and Cebu. To prevent build up of traffic, the (MPTC) will be installing the eight-lane toll plaza. • Will benefit about 40,000 vehicles daily and will give Cordova direct access to Cebu City, decongesting the traffic in the two existing bridges between Mactan and Cebu • As of JAN 2020, overall project progress was at 49.85% after the completion of the substructure of the main bridge’s two towers. https://www.philstar.com/business/2020/01/24/1987225/mptc-track-complete- cebu-cordova-link-expressway • Project is scheduled to be completed in 2021 • The bridge is expected to reduce traffic, spur trade activities, and open greater economic opportunities that would bring growth in Cordova and neighboring towns and the whole of Cebu and Visayas region https://www.philstar.com/business/2019/10/21/1961841/cebu-cordova-link-expressway-47-complete#ZF1VwoHb2wL1fzvK.99 https://ppp.gov.ph/ppp_projects/cebu-cordova-link-expressway-cclex/ https://www.mptc.com.ph/index.php/2019/02/14/cclex-signing/ Arterra gives a private life by the sea, and serves as a wise investment. Surrounded with a gorgeous natural scenery and belonging to a well-known strip in the island, you feel like everything is in its place–including you. PROJECT LOCATION ARTERRA Arterra Residences is located in RESIDENCES Brgy. Punta Engaño, City of Lapu- Lapu, Island of Mactan, Cebu, Philippines. 15 MINS away from Mactan- Cebu International Airport PROJECT DETAILS ITEM DETAILS Total No. of Floors 20 Storeys Condotel Residential Type of Project (3rd – 11th Floor) (12th – 20th Floor) Total Number of Units 180 units 108 units Studio Units 31.1 – 41.34 31.1 62.2 1-Bedroom Units 65.07 62.2 – 65.48 2-Bedroom Units 63.22 – 65.48 63.21 – 97.78 Proof of Ownership CCT Project Status OPERATIONAL CONDOTEL • Condotel is derived from the words “condominium” and “hotel” • A condominium development with facilities and amenities, and is operated as a commercial hotel: Units shall be placed under hotel rental program wherein it is rented out like any other hotel room for 15 years • Managed by Sta. Lucia Hotel Management (currently operating 9 condotel units) • The units are individually owned • Quarterly dividends and 30-room nights free privilege (with option to use 3 nights per year at other hotels of Sta. Lucia) CONDOTEL ADVANTAGES • A “worry-free” investment because the hotel operator manages the leasing of the hotel rooms, their maintenance, refurbishment and improvement as well as their operating expenses, real property taxes, association dues, common area charges, utilities, insurance and other related expenses • Very low property management fee of 30% compared to others with 50% - 60% • Experienced hotel property management group with nine (9) operational hotels to date – really after the income commitment to investors • Property Management has tie-ups with famous online booking websites such as agoda.com, booking.com, expedia.com, orbitz.com, asiaroom.com, hotels.com, etc. 30% STA. LUCIA HOTEL 70% MANAGEMENT INVESTORS OPERATING CONDOTELS OF STA. LUCIA 1. SOTOGRANDE CEBU - Mactan, Cebu (2008) 2. LA BREZA - Quezon City (2011) 3. LA MIRADA - Mactan, Cebu (2012) 4. STRADELLA AT EAST BEL-AIR - Cainta, Rizal (2015) 5. SPLENDIDO TAAL TOWER 2 - Tagaytay City (2016) 6. ARTERRA RESIDENCES - Mactan, Cebu (2017) 7. SOTOGRANDE ILOILO - Jaro, Iloilo (2018) 8. SOTOGRANDE DAVAO – Davao City (2020) 9. SOTOGRANDE NEOPOLITAN – Fairview, Quezon City (2020) 10. SOTOGRANDE KATIPUNAN – Katipunan, Quezon City (Q1 2021) *Not operational yet CONDOTEL WHEN CAN A UNIT OWNER START GETTING DIVIDENDS & 30 ROOM NIGHTS FREE ONCE THE HOTEL/CONDOTEL IS OPERATIONAL PROVIDED THAT: BANK FINANCING IN-HOUSE FINANCING Investor is fully paid with the required down payment Investor is fully paid with the required Investor is of good standing: down payment and Sta. Lucia Land, Provided Post-Dated Checks (PDC) Inc. received bank guarantee from for the balance and has paid the bank for the balance. insurance; Religiously paying Monthly Amortization and not delinquent. For both bank and in-house financing, buyers must also pay turn over fees for electric and water meter* RESIDENTIAL ADVANTAGES OF LIVING IN A CONDOMINIUM • Enhances affordability • Accessibility to the amenities of the metropolis • Enhances marketability because foreigners can buy • Prime Location • Can be an income generating opportunity • Better security • Maximizes land efficiency • Lesser cost of facilities, services & maintenance • Privacy AMENITIES • Lap Pool and Kiddie Pool • Jacuzzi Area • Poolside Bar • Spa • Fitness Gym • Coffee Lounge Restaurant • Function Rooms • Veranda/Viewing Deck • Business
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