TAGBILARAN CITY, Bohol — Cebu Landmasters Inc. is deepening its presence in Bohol with a new 5.6-hectare residential community in Barangay Bool, Tagbilaran City. The project marks the developer's third site in the province, signaling sustained confidence in Bohol's growing housing market.
A Third Site for CLI in Bohol
The expansion follows the developer's earlier projects in the province. Velmiro Greens Bohol in Dauis and Costa Mira Beachtown Panglao have both performed strongly, giving CLI confidence to broaden its portfolio further. The new Bool property represents a deliberate move into Tagbilaran's urban core.
CLI President and Chief Executive Officer Jose Franco B. Soberano said Bohol continues to show strong potential. He noted that the company's performance in the province gives it confidence to deepen its commitment. The new development builds on lessons learned from its existing Bohol ventures.
Velmiro and Mirani Debut Together
The property will feature another Velmiro development, CLI's mid-market housing brand. It will also introduce Mirani, the company's more affordable mid-rise condominium offering, marking its first appearance in Bohol. Commercial spaces will serve both residents and the surrounding community.
Soberano explained that the combination allows CLI to serve a wider range of buyers. He said the project builds on what has worked while introducing Mirani as a more affordable option for local residents. The developer aims to be part of the community's continued growth.
Building on Proven Bohol Projects
The expansion rests on strong results from existing developments. The completed 256-unit Velmiro Greens Bohol in Dauis is undergoing turnover, with all units expected to be delivered by the end of 2026. Buyers have responded positively to the mid-market housing concept.
Meanwhile, the 1,056-unit Costa Mira Beachtown Panglao is already 98 percent sold. Its three towers are targeted for topping off within the year. These outcomes demonstrate the depth of demand for quality housing across different price segments in the province.
Strategic Location Near Schools and Port
The Bool property sits about five to ten minutes from Tagbilaran City proper and roughly four kilometers from Tagbilaran Port. It is directly across from Cebu Sacred Heart College Tagbilaran Campus, giving residents convenient access to schools and healthcare facilities.
Commercial centers and transport links are also within easy reach. The location positions the development as an attractive option for students, young professionals, and families seeking urban convenience. Proximity to established institutions supports long-term rental demand and property appreciation.
Part of a Broader Expansion Push
The Bohol project forms part of CLI's wider strategy of diversifying its residential portfolio and building land bank in growth centers across the Visayas and Mindanao. It also aligns with the developer's second-half rollout of eleven projects.
CLI recently opened Alto Ranudo, a premium condominium along V. Ranudo Street in Cebu City. The developer is also advancing a 5,600-unit pipeline across Cebu, Mactan, Ormoc, Butuan, Davao, and Panglao. Named Best Developer at the 14th PropertyGuru Philippines Property Awards, CLI approaches 50,000 homes delivered.
