The Blood Compact Monument stands in the barrio of Bool, about 3 km east of Tagbilaran's city centre, where the historic treaty was signed. The monument is a bronze sculpture group by Filipino National Artist Napoleon Abueva, depicting Legazpi and Sikatuna raising a cup together in the moment of compact. It is one of the most reproduced images in Philippine history education.
The setting is pleasant — a small park on a rise with a view of the strait. The monument itself is more impressive in photographs than in person, but it is a short and easy trip from town and is a genuine historical site rather than a constructed attraction. The surrounding barrio of Bool has a small chapel and a quiet residential feel.