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real estate broker cebu

Manuel R. Arengo Jr. Global Investment Director --LAGPN

Important Facts to Know



Lapu-Lapu, chartered city of the central Philippines, in Cebu Province, on the western coast of Mactan Island. Lapu-Lapu lies about 5 km (about 3 mi) across Cebu Harbor from the city of Cebu and is part of the Cebu metropolitan area. The short Mactan-Mandaue Bridge connects Lapu-Lapu and the rest of Mactan Island with Mandaue on Cebu Island. Lapu-Lapu is a port and industrial center noted for its thermal installations, which burn petroleum for energy; corn and flour milling; fishing; and handmade guitars. The Mactan International Airport is located adjacent to Lapu-Lapu, as is the Mactan Export Processing Zone (MEPZ), an industrial tax-free zone that opened in 1979. The MEPZ includes approximately 35 business ventures, about 50 percent of which are Japanese-owned. Tourism is also important in Lapu-Lapu; visitors are drawn to the excellent beaches and coral reefs of eastern Mactan. Lapu-Lapu, formerly Opon, is named after the famous Chief Lapulapu, who is believed to have killed the Portuguese navigator Ferdinand Magellan when he arrived on the east coast of Mactan Island in 1521. In 1886 a monument to Magellan was erected at the site of the conflict, and a monument to Chief Lapulapu stands in the citys plaza. During the 1980s Lapu-Lapus population increased by an annual average growth rate of 4 percent. Population (1999 estimate) 200,871. A monument in memory of Lapulapu, the brave warrior from the island of Mactan who engaged the superior forces of Magellan in battle along the shore. Magellan was slain in that battle and Lapulapu became the first recorded Filipino hero. This monument stands right next to the shrine of Magellan in barangay Mactan, Lapulapu City -- a reminder to all visitors who come to this place that no one can talk of Magellan without talking of Lapulapu The Mactan Export Processing Zone (MEPZ) is Cebus prime showcase of export-oriented growth. The 120-hectare industrial estate started out with only eight firms in 1986. But today, it keeps on expanding firms manufacturing a wide variety of goods and services. The growing activity in the MEPZ reflects the fast-paced economic development that is taking place in Cebu. The Mepz registered the largest positive trade balance among the four export processing zones in the country. Being labor-intensive, the MEPZ scaled new heights in employment. The zone increased in the number of skilled and unskilled workers. Factories at the MEPZ deliver world-class products to the United States, the European Economic Community and Japan. Such products include watches, semiconductors, electrical equipment, garments and precious jewelry. Enterprises with manufacturing facilities at the zone are predominantly multinational corporations. Half of these are Japanese-owned Facade of the Mactan-Cebu International Airport terminal building. This terminal has modern facilities that can measure up to international standards. MCIA also services the five domestic airlines: Philippine Airlines, Grand Air, Cebu Pacific, Air Philippines, Asian Spirit



The resort has 546 guestrooms and suites that are tastefully furnished with a colourful tropical decor which is a combination of meticulous local craftmanship and beautiful interior design. From the comfort of your own private balcony you can take in all the breathtaking views of the Visayan Sea and Outlying islands. All rooms are equipped with the most modern amenities including IDD telephones, tea and coffee making facilities, electronic safe and satellite TV. Distinguished guests can enjoy the premium facilities of the Horizon Resort Club at the two top floors of the New Wing offering a new dimension of excellent service. No other resort in the Philippines offers such an exciting range of health, recreational and sports activities the world. For water sport lovers there is windsurfing, parasailing, sailboating, water-skiing, scuba diving, snorkling and fishing. If you prefer your activity on land, there is tennis, a golf park and a fully equipped health club and gymnasium with sauna, steam bath and massage room. To pamper yourself from head to toe, visit the Beauty Salon.

LOCATION Just a short flight from Manila but a world away is one of the Philippines most historical provinces, Cebu. Within easy reach of Cebus entertainment and business district and only 15 minutes from the international airport on a beautifully landscaped 13 hectare site in Punta Engano, you will find the Philippines first 5-star resort. Shangri-Las Mactan Island Resort. Waterfront Mactan, located in the captivating Mactan Island, offers you the luxury of 167 guest rooms and suites, and the convenience of a two-minute walk to the Mactan International Airport. Also, the hotel is only 5 minutes away from Mactan Export Processing Zone. Health spa-jacuzzis, private massage rooms, saunas, lounge, live performances at the Karaoke Bar, and the international standard Casino Filipino. All these choices to give you complete rest or fun, thrill, and excitement. Make that convention, function, or vacation more productive yet pleasurable with our well-planned facilities, business center, 6 multi-purpose function rooms, and excellent service. Plus this exclusive amenity for hotel guests and members only, the CLUB 747 Lounge located at the 7th floor overlooking the airport runway and terminal

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