AboitizLand launched Foressa Mountain Town, its 300-hectare mountain resort community in Cansomoroy, Balamban, Cebu on April 27, further strengthening its foothold in the Cebu property market.
A 90-minute drive from Cebu City via the Transcentral Highway, Foressa is being eyed as a community that provides vecinos access to the thrills of the great outdoors: hiking, biking, spelunking, camping, trail riding, among others.
Foressa Mountain Town is a first of its kind in Cebu, a nature community that ensures the property’s natural assets are preserved and left for future generations to enjoy. It was designed as a second home or vacation residence where families can create lasting memories together. With this project, we believe that families deserve an excellent investment that values quality life.
–Andoni F. Aboitiz, CEO, AboitizLand
With nature as its most precious amenity, Aboitiz added that Foressa vecinos will be given an experience that will bring fun memories and priceless moments in their own homes within a well-designed community that nurtures life.
“I am excited about how this new project will help fulfill our vision of a wholesome, advanced, vibrant, and sustainable region just as how Bobby [Aboitiz] envisioned Cebu to be. We will continue to strive for a million lifetime partners living and working in our communities, enjoying the ultimate real estate experience uniquely crafted by AboitizLand,” added Aboitiz.
Development of this horizontal residential community set in rolling terrain and flat areas will be in four phases, with the first phase composed of 51.5 hectares scheduled to start in the fourth quarter of 2017. An initial 114 lots are available to the market, with cuts ranging from a minimum of 300 square meters to a maximum of 690 square meters with turnover targeted in 2020.
Following its national expansion, AboitizLand builds its residential portfolio further with the recent launch of Seafront Residences, the company’s first residential community outside of Cebu.