Cebu, Philippines

Lapu-Lapu

Lapu-Lapu, on Mactan Island, is Metro Cebu's beach and resort-condo market, anchored by Mactan-Cebu International Airport, tourism and the island's economic zones. Beachfront Punta Engaño runs roughly ₱180,000–₱400,000+ per square metre, with developments like Megaworld's Mactan Newtown and Ayala's Seagrove estate. Mactan condos are top performers for short-term "first night / last night" airport rentals, though short-term-rental supply has grown faster than tourist bookings, so model occupancy conservatively. The CCLEX bridge now links Mactan directly to Cebu City's South Road Properties. Lapu-Lapu suits vacation buyers, retirees and resort-proximity investors — note foreigners can own a condo here but not the land of a beach house.