By Harvey I. Barkin
SAN FRANCISCO – Some Pinoys who thought they’re living the American Dream realize they still have a bucket list. Getting property in the homeland before kicking the bucket tops the list. To be able to pay for it, show paper work that you own it and go on vacation there in your own territory, allowing entry only to friends you like and denying illegal relatives who are no fun within your own borders. You’ll be in God’s country and it’s just feels right playing god.
In previous years, AyalaLand, Santa Lucia and other developers have come to the U.S. offering promises of paradise in their listings. But many world-weary, globe-trotting Pinoys have had enough of suburbia. Some would-be developers even partnered with Pinoy spouses to sell beachfront lots but with not even a couple of coconut trees to hang a hammock.
Recently, VistaLand presented Costa Vista Boracay to members of the press and some prospective agents at the Consulate. Set on Punta Bunga Beach at the island’s northwestern tip, Costa Vista Boracay will sit atop one of the highest points of the island – a private spot in a small island infested by crowds of merry-making visitors.
According to data from 2014, there were only about 7,000 rooms to accommodate 1.5 million tourists in Boracay. Every year, 30 percent more tourists and about 44,000 OFWs visit Boracay.
But the Boracay brand is in itself the sell. This year, two million tourists visited Boracay, “the World’s Best Island” two years in a row, according to Travel & Leisure. It’s four kilometers of white sand sloping into a glassy cerulean sea with spectacular sunrise and sunset daily and there’s nothing seasonal about it.
There are nine beach coves, 27 dive spots, malls, shops, scenic elevator, arcade and international food on the island. DOT’s Purificacion Molintas was on hand to say that Caticlan Airport will soon have direct international flights to Boracay, sweetening the pot. Molintas added that activities abound in Boracay: cliff diving, para-sailing, jet skiing, ATV trails, sunset sailing, participating in the Philippine Mermaid Academy (PMA, sir, yes sir, regardless of gender), kite surfing and, of course, the epicurean nightlife.
Costa Vista Boracay will have six residential mid-rise towers (a 15-acre or 6-hectare development) offering luxury studios and 2-bedroom units. Costa Vista Boracay will surround a tropical themed club house with a pool. There will also be a commercial center and a convention center (the only one in the island) that can accommodate about 800. Common areas will be watched 24/7 by closed circuit TVs. Wi-fi, smoke- and fire-alarms, sprinkler systems, concierge, front desk and security complete the package to make the Boracay condos world class.
Vista Residences (the condominium arm of VistaLand) Head of International Sales Nova Noval also assured those who have been to Boracay that Boracay Property Holding has started working on the sewage system and a water conservation system, so scratch that issue.
Learning from developers’ previous experiences, Noval said there is no age restriction for prospective buyers and all their necessary documents will be processed in the U.S. The purchase would be set up like a U.S. loan mortgage (with equity) with Philippine National Bank (PNB). They are working with two other banks for more service access.
VistaLand U.S.A. Chairman and CEO Nicholas Laureano told FilAm Star that where other developers only offer condos or only house and lots, VistaLand has both and they cater to “not only the managers but also the office workers.” He added that many Philippine-based developers take their show on the road but lack a service arm in the U.S. VistaLand focuses on service and not just sales. They take care of after-sales service, as well, and have offices in San Bruno and Hayward.
President and COO Bong Gutierrez revealed their on-line transaction services to be secured and can be easily accessed even in Hawaii and New York by next year. Gutierrez revealed they launched DocuSign late in October so that in situations where co-signers lived apart in different states, they can use their iPhone or iPad to sign documents the on-line system will collect both signatures into one document. And even somebody in sales needs a password to access their site.
Noval estimated a Costa Vista Boracay studio priced to own at $60 to $70 a month, a 2-bedroom unit at $80 to $100 a month. These prices are, of course, subject to change, based on current rates.
She added that towers 1 to 4 are projected to be ready by 2020. Towers 5 and 6 are closest to the beach. Already 95 percent of towers 2 and 3 have been sold.
Whichever tower you come from, you have almost instant access to the beach with pristine white sand that does not burn your feet.
At Costa Vista Boracay, life’s a beach and then you live. Because not only do you have all the amenities that Boracay offers. VistaLand can partner with you to lease your unit when you’re not using it. The fun in the sun never ends neither do the entranced visitors. And there’s no seasonal phase that stops them from coming. Imagine living on Boracay Beach and making a living off Boracay Beach. Dude, that’s the life!
Call VistaLand U.S.A. at 650-616-4122 or visit www.VistaLandUSA.com