WHERE IS IT?
The premier tourist destination in the Philippines, Boracay is fabled for its powder-soft white-sand beaches, multiple possibilities for water-sports and pulsating nightlife. Aqua Boracay by YOO is located on the eastern side of the island on unspoiled Bulabog Beach, famous as a kite-surfing destination but attracting a fraction of the traffic of the beaches on the island’s west coast.
WHAT’S THE STORY?
Billed as Boracay’s first branded residence, Aqua Boracay by YOO is the most ambitious project to date by property developer Aqua Boracay, helmed by Italian-born chairman Marco Biggiogero. The development is chiefly characterised by its luxurious amenities and world-class design by YOO, a London-based interior design firm founded by Philippe Starck and property magnate John Hitchcox. Construction on the project is slated to be completed by December 2015 – just in time for the unveiling of Boracay’s new international airport.
Building on its association with design maestro Philippe Starck, YOO Studio has won world renown for its innovative approach. Boracay’s idyllic setting is the key inspiration for the design of Aqua Boracay by YOO. The property’s diamond-shaped buildings ensure that each apartment enjoys a view of the ocean while natural materials are used exclusively throughout the resort.
A centrepiece swimming pool comprises a lap pool, adult pool and children’s pool while other facilities and amenities include an on-site water sports centre, a restaurant and a private day spa.
Furnishings are by designer Vito Selma who has a passion for using locally sourced wood to carve amazing pieces with geometric lines.
As a way of attracting foreign buyers, Aqua Boracay lets investors purchase units in their own name and buyers will receive an official tax declaration for their purchase. The developer also offers in-house financing of up to 50 percent with various payment schemes that work up to a mortgage period of five years.