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Construction underway at 5* Portofino Ocean’s Edge Resort, Philippines
August 12, 2016Article by Chelsea Battle
Just a matter of weeks after launching our latest international resort investment opportunity, Portofino Ocean’s Edge, we at Property Frontiers are delighted to be able to bring you an update on construction.
With 10% paid during the construction process, existing and indeed potential investors will no doubt be keen to see and hear what works have already been undertaken and future milestones.
The developer of Portofino Ocean’s Edge is Oceans 11 Property Development Inc, a Filipino registered company and a fully owned subsidiary of Pacific Asian Developments Ltd, a Public Hotel and Resorts Development Corporation registered in Nassau, Bahamas with regional offices in the Philippines, Shanghai and Guam.
Their team have been on site for a number of weeks now with good progress made on groundworks including clearing and preparing the land as well as laying the foundations for the communal facilities and villas.
Ecologically friendly bamboo scaffolding is in place ready for the next phase of the build with a number of villas already at second level stage. Steel reinforced concrete pillars ensure the integrity of the buildings in conjunction with deep foundations, ring beam techniques and hardwearing external renders.
Over 65 local tradespeople are working on site at present with the outline construction timetable and completion in Q1 2017, very much in mind.
Looking ahead, August will see the construction of the jetty enabling boat access to the frontline resort, completion of the studio villas and spa in November and the stunning cliff villas and beach bar by the end of the year.
2017 will bring the clubhouse and swimming pool to completion along with delivery of the furniture and pleasure boats. Local landscaping will be undertaken in February ready for completion and opening of Portofino Ocean’s Edge by the end of Q1.
For more information about Portofino Ocean’s Edge or investing in this project, please contact the team on +44 1865 202 700 or email firstname.lastname@example.org.