CEBU Landmasters Inc. (CLI) through CLI-Lite Panglao Inc., the company’s joint venture with Lite Properties Corp., announced the opening of the third tower of Costa Mira Beachtown Panglao.

Lite Properties Corp. is an affiliate company of Lite Shipping Corp. of the Lim family of Bohol that operates a fleet of roro ferries in Luzon, Visayas and Mindanao.

The first two towers of Cebu Landmasters’ beachtown residences in Panglao Island in Bohol are now 80 percent sold since market introduction a few months ago.

Costa Mira Beachtown Panglao is a P5.3-billion tropical beach community located on a 4.05-hectare lot at Totolan town in Dauis, Panglao Island. With the launch of its third tower, the total unit inventory of Costa Mira Beachtown Panglao climbs to 1,056, spread across three categories.

Unit prices at Costa Mira Beachtown Panglao range from P2.8 million to P8 million. (PR)