Hamilo Coast is a breath taking luxury leisure property located in Batangas.
SM LAND RECENTLY revealed to Inquirer Property that choosing Hamilo Coast, its seaside leisure development in idyllic Nasugbu, Batangas, would be a winning proposition in five ways.
Josefino Lucas, president of Costa Del Hamilo Inc., disclosed that the Hamilo Coast development will ultimately span more than 30 kilometers of coastline facing the South China Sea, 13 pristine coves, and an expanse of inland hills and upland forest. Pico de Loro is the first community within Hamilo Coast. Pico de Loro Cove, which started development in 2007, is scheduled for full development by 2012.
Nasugbu in recent years has been the center of growth of leisure developments because of its accessibility. Private developers like SM Land have been taking the initiative to make travel to the location easier by meeting the government halfway in improving public infrastructure and road networks. In the near future, the Hamilo Coast leisure destination project in Nasugbu can be accessed through ferry from Manila Bay.
2. Natural environment
The coastline of Nasugbu is an area rich in natural beauty and resources, being part of the Verde Island passage; a corridor of marine biodiversity in the area between Batangas and Mindoro. The Verde Island passage, in turn, is at the heart of the Coral Triangle, the world’s center of marine life – a vast, majestic and colorful coral nursery covering 5.7 million sq km of ocean, a home sheltering and sustaining innumerable numbers of whales, dolphins, sharks, turtles and commercially crucial fish like grouper and tuna. The Coral Triangle encompasses the islands and waters of the Philippines, Indonesia, Malaysia, the Solomon Islands, Papua New Guinea, Timor-Leste and beyond.
From the very inception of Hamilo Coast, SM Land has partnered with expert resources such as WWF Philippines in ensuring the sustainable development of land. Built structures are low impact to the environment, and key project areas include coastal resource management, waste management and the use of renewable sources of energy. The developer undertakes mangrove propagation, clam seeding, coastal clean-ups, and even the care of pawikan (large turtles) hatchlings that frequently appear along the coastlines of Hamilo Coast.
3. Property type
Pico de Loro, the first community within Hamilo Coast, offers the convenience of condo living in a vacation setting. It also has an exclusive beach and country club, complementing the lock-up-and-leave condo lifestyle and offering genuinely convenient and immediate leisure living. Club members can look forward to an exclusive boutique hotel onsite for accommodations.
Lucas said the Pico de Loro Cove will have five condominium clusters consisting of nine low-rise buildings positioned around a saltwater lake that is ringed by a landscaped promenade and walkways.
He added that the Pico de Loro Beach and Country Club provides the central amenities and recreational facilities that support the lifestyle experience of condo residents and club members, be it a beachfront or inland setting. The 150-room boutique Pico Sands Hotel completes the overall concept of the project by catering to the accommodation requirements of club members and guests.
4. Investment value
Compared to a lot where one would need to spend on designing and building a house, a condominium may provide more immediate gratification. Maintenance and upkeep is also less expensive compared to vacation homes. Club membership is another type of investment that is worth considering for individuals and families whose weekend or holiday getaway is a must.
In a proprietary market study we commissioned with Colliers, Pico de Loro enjoyed the highest sales velocity in 2009 in its category of beachfront condo vacation homes. This category would include such projects as Amara en Terrazas at Punta Fuego, Fairways & Bluewater and Alta Vista in Boracay, as well as Amisa Towers in Cebu, said Tristan dela Rosa, senior vice president for sales and marketing.
He added that Hamilo Coast condo units’ current offerings (Carola and Miranda clusters) start at around P4 million for a 40-sq-m one-bedroom unit, to a 134-sq-m three-bedroom suite going for around P13 million. Other types of special units include ground floor garden units, lofts and bi-level units, units with wraparound balconies, and penthouse units.
The price per square of Pico de Loro condos has increased by around 30 percent since its launch in 2007. A comparable Batangas project, meanwhile, launched around a year earlier than Pico de Loro, has increased by around 16 percent, based on our estimates,? Dela Rosa added.
He stressed that for club share investments, Hamilo Coast’s price per share at launch in 2007 was P400,000. Now, the cost of investment is P500,000.
Pico de Loro offers a complete club lifestyle. The beach club provides a more social venue with its beachfront, swimming pools, lounge areas, and F&B outlets such as its signature Sun Coral Café and innovative venues such as the Brisa Bar, an al fresco bar perfect for nightcaps while enjoying the sunset. There’s also the recently opened Country Club for more sporty recreational activities, as well as a Wii room, a six-lane bowling alley and billiards tables.