Most of the resorts/dive shops in Moalboal propose to hire a van from Cebu airport to Moalboal. Be ready to pay around ₱3000 for this 3 hr trip.
Taxis can be hired at Cebu Airport for ₱3,000 (fixed rate as of January 2012). Many of the hotels and guest houses in Panagsama Beach will send a car or van for pickup for about ₱3,000.
Another option is to arrange your taxi ride in advance. There are several private operators driving legitimate taxi's. Both Noel (+639286634991) and Danny (+639061534659) are reliable drivers with whom you can negotiate a price between 1700 and 2200 pesos. (Oct 2014)
As usual, the cheapest method is a local bus (2.5 to 3 hours).
From Cebu airport, take a taxi and ask to go to the south bus terminal (the airport is in Mactan, quite far from Cebu city, so be ready to pay around ₱200 for this). The yellow airport taxis are more expensive - expect to pay around ₱300. White taxis can be found at the top of the ramp leading up to departures.
Then take the bus here (the main company is the yellow color buses of Ceres Liner). Be sure to use an already almost full bus to avoid waiting. The no-aircon (most are like this) travel will cost you ₱107 (Jan 2013) + ₱10 of terminal fee if you don't pay directly in the bus. Air-con with free WiFi (yellow Ceres) buses are ₱116 (Jan 2015). The bus will drop you off in Moalboal town which is 4km from Pangsama and 9km from White beach. The tricycle ride to Pangsama should cost less than ₱30 per person (locals pay ₱7).
Coming from Dumaguete, it is possible to take the ferry boat between Sibulan (ca ₱100 by tricycle from the city center, or P10 in a jeepney) and cross to Lilo-An on Cebu island. There, take another tricycle (around ₱50) to the nearby bus station in Bato (San Sebastian). Another option from Dumaguete is taking a jeepney to Tampi (take a jeepney going to Amlan, P20), and there a RORO ferry directly to Bato for P70. Ceres buses headed for Cebu City stop there regularly, and some of them go via Moalboal (ask the driver). The bus fare is ₱70 (non aircon, Nov 2015).
Note: there are no ATM's in Panagsama beach so bring enough pesos for your stay. There is, however (2012), an ATM in the 360 pharmacy in MoalBoal town (about 4 km from the beach, reachable by tricycle). Although sometimes it doesn't work.
The Kawasan water falls (a three step waterfall) is located in the rain forest approximately 20 km south of Moalboal (past Badian). If you take the yellow bus from in front of the public market in Moalboal (near 360 Pharmacy), you can ask the bus driver or ticket collector to drop you off at the right place. The bus ticket from Moalboal to the water falls or vice versa costs ₱19.00. You also need to pay an entrance fee of ₱40.00 (from jan 2015) and will get an official receipt. Be careful of the 'guides' offer. The walk up to the fall is very easy and you do not need a guide.
A trycicle ride from Moalboal is possible but not recommended. Drivers usually charge ₱350+ for the round-trip with a 2 hour time limit at the falls. Taking the bus is cheaper, faster and more confortable.
If you are driving a rented scooter, the road between Moalboal and Kawasan Falls is excellent, taking around 30 to 40 minutes riding. There is very little traffic and great views of the coast. The entrance to the falls is signaled on the main highway. There is a ₱50 parking fee.
Getting to the falls from the highway is approximately a 30 minute ascent through an impressive landscape. You can take a nice cooling swim in the natural pools, or take a raft out to the falls. There are resting place tables for a charge, some small restaurants and very simple accommodation available.
The falls can sometimes be a bit crowded (especially on weekends) so if you're looking for more of a nature experience, go early (before 10AM) or check out the guided canyoning tours that are offered by some resorts in Panagsama. Tours start in the morning, above the waterfalls, and you make your way down wading along the river, swimming through deeper sections and jumping down waterfalls. Takes about one day, around ₱2,500 per person.
About 7 kilometres north of Panagsama you'll find White Beach or Basdako, meaning 'Big Sand', a nice white sandy beach lined with a beautiful coral reef about 30 meters out. Pack your mask and snorkel. White Beach is a popular spot to visit, especially during the weekend, so if you're looking for more quiet beach life go during the week or make your way a bit further north up the beach.
There are a couple of restaurants along the beach and also a few resorts if you would like to stay for the night. To the south you have the high-end Dolphin House Resort (from about ₱5,500/night) and a bit further north Blue Orchid Resort (from around ₱3,500/night) and Club Serena (from around ₱5,500/night). There are also some cheaper options for the budget-minded traveller, Barefoot White Beach Resort (around ₱2,500/night) and HK Beach Resort (around ₱2,000/night) are both good options.
In Moalboal, turn off the national highway by the Petron gas station and continue up the road for about 200 meters to find the Orchid Gallery. It's not so much a gallery, but an orchid plant school that has a pool and nice shaded areas and some specimen of the local wildlife. You can buy orchids and other plants. There is a small entrance fee.
Take a tricycle about 20km south towards Badian to find Lambug, a beach that to a greater extent than Basdako reminds you of a deserted island. Especially during the weeks, you can sometimes find yourself completely alone on the beach. Should you like to work on your swing, there is also an 18-hole golf course nearby.
Not far out from the beach shore in Panagsama Beach, there is a drop-off. Near that area there are countless reefs, with soft and hard corals, many different species of fish. Sometimes you can spot lion fish, water snakes, and with some luck turtles. White Beach is also a good spot for snorkelling if you want to combine it with relaxing in the sun. Just a 10-minute walk from white beach are several of the most popular dive spots in the area. Easy Walking on a paved road brings you to Belgian Resort Divers and just beyond that, Sea Turtle House. In these spots live coral and tropical fish can be spotted less than 20 meters from shore...Very shallow water and large sand patches make it possible to easily walk most of the 100 meters to drop off that begins in less than 2 meters of water. Ideal for snorkelling or Scuba diving from shore, both of these small hotels offer reasonable room rates for overnight or weeklong stays. Sea turtles are very commonly seen while snorkelling from Sea Turtle house.
The popular "sardine run" area can be reached from the shore. Simply walk on the road leading to the water directly in front of Savedra Dive Center in Moalboal. Once in the water, wade or swim out towards the drop-off (20-30 meters from shore, depending on the tides). The visibility seems better during rising tide.
Most divers come for the more famous diving spots in Pescador Island, which offer terrific diving and an amazing "sardine run" with a school of several hundred thousand fish. However, there are also a lot more spots do discover around the Moalboal peninsula. In some areas there are fish sanctuaries, and there is a marine preservation program in effect to encourage fishermen not to fish with nets. Moalboal is thankfully spared from dynamite fishing, and the corals are some of the best in the world. Though they are nowadays a bit more uncommon, you can still see both White and Black Tip sharks in the area and at times even Whale Sharks and dolphins pay the reef a visit.
Dives currently cost around ₱1200 with gear. There are a few "local owned" dive shops that are ₱1100-1200 per dive. Most of the dive shops operate 3 dives per day and you can even do your own diving schedule on low season. There are several dive shops along Panagsama Beach, and an equal number along the area of (or white sand beach) All hold some internaionally recognized certifications
If you are not a diver yet, the Moalboal waters are a great place to start exploring the underwater world. A beginners' course will set you back about ₱14,500-19,000 depending where you go. If you are staying for at least five nights in the area, almost all the area shops can teach at widely varying prices.
Although in Moalboal the most popular tourist activity is Scuba diving, there are a lot more outdoor activities to explore. The area is great for hiking, moutainbiking and canyoneering, and there are many natural wonders like caves and waterfalls to explore. There are a few companies that arrange adventure tours.
Freediving is becoming more and more popular in Moalboal, because the area offers great conditions for the sport. Close to the shore, the reef drops off to about 40 meters (sometimes more) and the water is usually calm and clear. There are several diveshops that offer courses and training session.[http://www.freediving-philippines.com/]
*2 day beginner freediving course is US$ 195. Or choose an AIDA 2* course with international certification that lasts 2,5 to 3 days and costs US$ 285. Fun Freediving is also included in all course.
*A Pure Apnea freediving school. Course offerings include all Student Levels available (Level 1 - Level 3) also this is the place to become a freediving instructor! Learn and train for only a few days or stay for a few months and get good! This is the place.