Property Type: Resort-Type Investment Property
Lease/Sale: For Sale
Total Land Area: 2,268 sqm
Additional Information:
- The property has a building with 26 rooms, ready to be operated as a hotel-resort business.
- It has swimming pool (20 × 5 m) and reception area.
- Additionally, the property includes a restaurant, which can serve as an extra source of income—not only from in-house guests but also from local residents and walk-in customers.
- The property also includes a residential house (4 bedrooms, 2 bathrooms), which represents significant additional value. It can be used as a private residence, rented out for extra income, or potentially converted into up to four additional rental units.
- The property is located about 200 m from the beach, which has a coral reef, making it attractive for tourists and divers.
- Depending on the owner’s business model and management approach, though monthly returns are difficult to predict, the estimated monthly revenue could range from ₱500,000 to ₱1,400,000. This is to consider that the average room rate in Panglao ranges between ₱2,000 and ₱3,000 per night, and occupancy typically falls between 30% and 60% (depending on seasonality and the operator’s performance).
- Owners are selling it, because it was intended as an investment project—build and sell.
Selling Terms:
- Seller answers for CWT/CGT, broker's commission, and other incidental fees
- Buyer answers for Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, VAT, and other incidental fees
- Selling price is P98,000,000 (P98 Million).
Photos at Night
Residential House
Lot Plan
Floor Plan
Some More Photos of the Property
Disclaimer
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