Tourism and real estate have a dynamic and interconnected relationship that often goes unnoticed. While the tourism industry relies on attractive destinations and amenities to attract visitors, the real estate market benefits from the economic and social impacts of tourism.
In today’s fast-paced real estate market, property management has emerged as a vital aspect of successful property ownership. Whether you’re a homeowner with rental properties or a real estate investor with a diverse portfolio, effective property management is crucial for maximizing returns, maintaining property value, and ensuring tenant satisfaction.
In a thrilling development that has sent ripples of excitement through the real estate market for Cagayan de Oro, a brand-new condominium project has been unveiled. The much-anticipated launch promises a contemporary living experience like no other. As prospective homeowners and investors eagerly gather for a glimpse into this architectural marvel, let us delve into the details of this great condo launch and discover the allure that awaits at Verona Green Residences by IDC Homes.
A condominium is a type of real estate property where a unit or apartment is owned by an individual, and the common areas and amenities are shared by all the residents of the building. There are several reasons why owning a condominium can be profitable.
Cagayan de Oro, Misamis (March 18, 2022)— Italpinas Development Corporation (IDC), the developer of Primavera City had the ceremonial turnover of Primavera City’s Phase 1 (Città
Verde) Cagayan de Oro through a formal ceremony attended by unit owners and their families, partner brokers, banks, and contractors last March 18, 2022.
Città Grande at Primavera City, the third phase of the Primavera City project was formally introduced by Italpinas Development Corporation (IDC) last December 22, 2022. Città Grande at Primavera City is IDC’s latest green building project set to rise at the center of Uptown Cagayan de Oro’s booming commercial district.
Italpinas Development Corp. (IDC) is proud to announce that the company’s second flagship development in Cagayan de Oro City, Primavera City- Citta’ Verde, has received a relevant recognition achieving the EDGE Preliminary Certification.
EDGE, Excellence in Design for Greater Efficiencies, a green building certification system focused on making new residential and commercial buildings more resource-efficient, allows design teams and project owners to evaluate the most cost-effective ways to incorporate energy and water-saving alternatives into homes, hotels, hospitals, offices, and retail spaces.
Projects that deliver a 20 percent projected reduction in the use of energy, water, and embodied energy in materials, compared to traditional buildings, are qualified for EDGE certification.
Actually, the EDGE software has indicated that Primavera City’s resource-efficient design will result in reductions of 29% in energy, 64% in water and 50% in embodied energy in materials compared to a local base case.
Primavera City, IDC’s second eco-friendly development, follows the company’s flagship, certified by EDGE in 2015, named Primavera Residences, a 10 story eco-friendly mixed-use building in Cagayan de Oro, one of the fastest-growing cities in the Philippines.
Primavera City, which features six mid-rise towers and a high-rise tower, is being developed in 4 phases, the first of which, Citta’ Verde, is almost completed and the second, Citta Bella, is under construction. This will be followed by Phase 3, Citta’ Grande and then by Phase 4, the tallest tower, Citta’ Alta.
The characteristic design of the development, which distinguishes all IDC’s projects, is the results of the integration of renewable energy features – passive for saving and active for generating power – with architecture.
This integration begins during the conceptualization process and is then developed into the design, construction, and building maintenance. The process is created using performance-based design strategies that make use of parametric and generative architectural software which analyze the existing data of natural weather conditions of the site location, optimizing the use of natural elements to shape the design of the building—the same “thinking model” used by nature.
“We are among the few real estates that are focusing on developing valued green and sustainable buildings in the provinces such as Cagayan de Oro in Mindanao, and Santo Tomas, Luzon, where our latest project, Miramonti Green Residences, currently in the process of been rated by EDGE, is under construction.
IDC’s projects are not only well designed and organized to conserve energy and enhance the use of natural sources such as ventilation and sunlight. It’s the Italian character that is an undeniable peculiarity and an add-on feature which makes IDC’s developments a highlight in Philippine mid and high-rise architecture” said, Arch. Giovanni Gusella IDC’s Senior PR Manager & In-House Interior Designer.
Through EDGE certification, IDC aims to make Primavera City a landmark in sustainable development, showing how it is possible to develop affordable and elegant green buildings in the Philippines. Initiatives will be organized to increase interest among unit owners about the benefits of sustainable living.
Città Bella at Primavera City, the second phase of the Primavera City project was formally introduced by Italpinas Development Corporation (IDC) last September 27. Città Bella at Primavera City is IDC’s latest green building project set to rise at the center of Uptown Cagayan de Oro’s booming commercial district.
Green builder and real estate developer Italpinas Development Corporation (IDC) gains nominations for The Outlook 2019 Philippine Buyers’ Choice Property Awards organized by leading online real estate platform Lamudi.com.ph
Awarded by the prestigious International Property Awards as Mixed – use Development Asia Pacific 2017, Città Bella at Primavera City, the second phase of the Primavera City development, is a blend of world-class commercial spaces and prime condominium suite living. From healthy living, scenic views, and world class amenities, this new property in Uptown, Cagayan de Oro is redefining condo living standards in more ways than one.