Own a beachfront property

with ₱60k–₱100k/monthly*

rental potential.

Just 200 meters from Palawan’s pristine shoreline

where every day begins with the sound of waves and

ends with front-row sunset views.

No spot cash · Flexible payment · Turnover 2028 · San Vicente, Palawan

*Rental income potential starting 2028.

2.1 Million

Local and foreign tourists visited Palawan in 2024.

49%

Median annual occupancy

rate in Palawan.

3–5 nights

Avg. guest stay

WHY PALAWAN?

A market that works harder than Manila

Unlike urban condos where guests stay 1–2 nights on weekends only, Palawan guests stay 3–5 nights and fill calendars all week.

High-end, resort-style condotel in Palawan averages from Php5,500 to Php7,500 for an Executive Unit. That is roughly Php 66,000 to Php 90,000 at 40% occupancy rate per month.

Prime location

~200 meters from the beach | 2 hours

away from Puerto Princesa City

and El Nido | 5 minutes from the local airport

Rising market

87,066 tourist arrivals in San Vicente

in 2023. 2.1M across Palawan in 2024

— up 7.52% year over year.

Investor-friendly terms

No spot cash required. Flexible

payment structure with income

starting from Day 1 of turnover

in 2028.

LUXURY BEACHSIDE LIVING ELEVATED | 82% Already sold

Oceanfront Premier Residences offers a new lifestyle that seamlessly combines luxury, sustainability, and inclusivity.

Rising 10 floors, this iconic tower features a modern wave-inspired façade, crafted to echo the rhythm of the coastline.

With 180° panoramic views of Pagdanan Bay and lush mountain ranges that embrace the 482-hectare Paragua Coastown master plan, this piece of paradise sits between Puerto Princesa City and El Nido.

Perfect for retirees, long stay vacationers, property investors, and Pinoy balikbayans. Turn over date will be this 2028.

INCOME POTENTIAL

Quick Comparison

Palawan vs. Luzon urban rental

Feature

Typical AirBNB condo

Palawan Oceanfront Units



Avg. stay length

Occupancy rate

Est. monthly income

Active Listings

Upfront cost

Average daily rate

1–2 nights (weekends)

49% median

P20,000–P60,000

25,585

Spot cash often required

₱2,135

3–5 nights minimum, all week

~49% median

Php70,000–Php100,000

1,875

No spot cash needed

₱6,171

FEATURING SMART & ENERGY EFFICIENT UNITS

Executive Studio Unit (with or without balcony)

Studio units featuring sliding partitions for a flexible living arrangement. 

42 sqm + 4 sqm balcony

Price range: USD 159,436 to USD 208,337 | AUD239,000 to AUD312,000 (PHP9.39M -PHP12.27M)

1-Bedroom Premier Suite

These units offer an extra room, ideal for a home office.

64 sqm + 4.5 sqm balcony

Only 1 unit remaining: USD 252,993 | AUD379,000 (PHP14.90M)

2-Bedroom Units

Designed with families in mind, these spacious units provide two bedrooms

Has 1 additional room, which can be used as utility/maid’s room or a home office.

2-BR: 64 sqm + 7 sqm balcony

2-BR Premier Suite: 96 sqm + 9.5 sqm balcony

Price range: USD 343,832 to USD 524,663 | AUD 515,500 to AUD788,000 (PHP20.25 TO PHP30.9M)

AMENITIES & GREEN FEATURES

Swimming pool with infinity edge

Function room with dry pantry and outdoor spill-over area

Game room

Fitness Center with Yoga Area

Daycare

Co-working space

High energy efficiency rating for major equipment

Adheres to Philippine Green Building Code

Rainwater harvesting and reuse

Low flow rate fixtures

Occupancy sensors in hallways

HOW IT WORKS

From reservation to rental income

A straightforward path to owning and earning from your Palawan unit.

Reserve your unit

No spot cash. Choose your preferred unit and floor during the pre-selling window.

Flexible payment

Pay on a schedule that fits your cash flow. No lump sum required upfront.

2028 turnover

Receive your unit as Palawan tourism continues its upward trajectory.

Start earning

List on Airbnb or work with the Property Leasing & Management Service of Megaworld. This service is designed to provide seamless end-to-end management especially for owners who live abroad or prefer a hands-off approach.

INVESTOR STORIES

What investors are saying

Early investors on Megaworld's Palawan developments share their experience.

"No spot cash made it possible for my wife and I to secure an executive unit with a beach view from the balcony, which we really love. They also allow online payments via credit card, which helped me keep my other investments intact while leveraging my credit line. Highly convenient and a great experience overall."

Bob A., Business Owner

El Nido, Palawan

"Liz walked me through every detail. No pressure — just clear information. I reserved within the week."

Eman, M., Engineer,

Australia

"My American husband was skeptical akala nya scam. But I trusted the numbers. Palawan guests simply stay longer, and that changes everything about the ROI. Good thing Megaworld allows co-owners up to 5 people. I'm currently searching for a co-owner of the unit I reserved."

Lyda, Filipina, USA

CONSTRUCTION UPDATE 2026

Paragua Coastown by the Numbers

462 has

Whole Development Area

83 has

1st phase

Php40B

Worth of Project

15 years

Sustainable Development Plan

About the Developer

Megaworld is the Philippines’ leading township developer and the pioneer of the live–work–play concept, backed by over three decades of delivering world-class communities.

Megaworld is known for iconic developments like:

  • Eastwood City

  • Uptown Bonifacio in BGC

  • McKinley Hill and McKinley West in Taguig

  • Iloilo Business Park

  • Newport City (near NAIA)

With a proven record of quality and timely delivery, Megaworld continues to create high-value, future-ready destinations including emerging gems like Paragua Coastown.

Frequently Asked Questions

Can a Foreigner Own a Condominium in the Philippines?

Yes, foreigners can own condominium units in the Philippines under the Condominium Act (Republic Act 4726), as long as total foreign ownership in the building does not exceed 40% of units. So far there are still few remaining units left for foreign investors.

Do I Need to Be in the Philippines to Buy a Property?

No. The entire purchase process can be completed remotely, including reservation, contract signing, and payments. Our team assists you every step of the way, even if you’re based overseas. Buyers may sign the reservation agreement documents using e-signature for the purpose of booking the unit they purchased.

Can Foreign Buyers Access Bank or In-House Financing?

Local banks in the country do not offer financing to foreigners. However, foreigners may avail themselves of in-house financing provided by our head office or secure financing from banks in their home countries. Interest rates and loan terms may vary depending on approval.

Can I Rent Out My Unit on Airbnb or for Long-Term Stays?

Owners are welcome to lease out their unit for Airbnb, short-term, or long-term stays, allowing them to generate passive rental income. Our Property Management Team will assist your guests during move-in and move-out, and will also help monitor their stay, ensuring a smooth experience for both you and your tenants.

You may also choose to subscribe to the Active Adult Living services of Oceanfront Premier Residences, which provide added convenience such as maintenance assistance, housekeeping, and laundry services.

Who Manages the Property if I Don’t Live There Full-Time?

Megaworld provides professional property and building management, covering maintenance, security, common areas, and day-to-day operations—giving overseas owners peace of mind and worry-free ownership. You may choose to subscribe to the Active Adult Living services of Oceanfront Premier Residences, which provide added convenience such as maintenance assistance, housekeeping, and laundry services.

For immediate inquiries, you may email, call, or chat us at:

Email address: sales@megaworldleisure.org

Whatsapp: +639987527090

FB messenger: https://m.me/megaworldleisurevistarealty