Profitable Resorts for Partnership or Sale
(Code: CM-9336)
Cordova, Mactan Island, Cebu, Philippines
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FOR PARTNERSHIP OR SALE
Profitable Resorts

Cebu and Bohol’s #1 Convention Centers for Sale
Alta Resorts are more profitable than most resorts
The sales price is deeply discounted from appraised value

Discounted Sales Prices
Selling Alta Cebu Resort for land value only*
• Big discount from Cuervo appraised market value
• The business, brand, training, long term loyal employees, and the all improvements, landscaping (best gardens in Cebu) are all included for free
• 3 highly profitable, diversified businesses

Better Profits than the Competition
15 Million after tax profits (2018 will finish with 17-18 Million profits)

Alta Cebu Land Value Poised to Explode
3 year projected profit – 280 Million pesos for land only!
“To get the highest returns total return, buy land in the path of a growing city”

Greater Opportunity Lies in Being Different
• Alta Resorts are wonderfully unique
• The two Resorts are market leaders in a lucrative niche market
• Less competition, more profit
• More profitable than most beach resorts
• Little direct competition
• Specializing as a convention center venue for large scale functions, Alta Resorts are the dominant lead player
• Mostly repeat business
• Customers come from all the major governmental agencies, who do majority of their functions at Alta resorts, as well as many corporations, large and small

Time Value of Money:
To build Alta Resorts from scratch means many years of sub-par profits
Few if any resorts for sale today combine:
• Steeply discounted price
• Name Brand popularity and recognition
• High profitability
• Fast growing diversified businesses
• The potential for dramatic land appreciation

Opportunities Like This Don’t Come Along Very Often
Alta Cebu
Inefficient markets- Landmark Changes- First exit off new bridge
“When there are dramatic changes, only 15% of the investors see the opportunity till it is too late and prices are much higher”
• Best location on Mactan Island- Undiscovered gem
• Cebu has discussed plans to annex Cordova into the City of Cebu
• Alta Cebu land price is cheap-Compared Mactan Island and Cebu
•Local Experts expect Cordova land price to double in 3 years

When the land valuation in Cordova catches up or surpasses land recently sold for 62,000 per meter in Punta Engano, the buyer will triple their purchase price money when that day arrives sometime in the near future.
This is not the case with other resorts for sale. Land values in Cebu city are even higher (8 KM drive from by bridge)
Sometimes buyers need to be shown the potential. It is not always obvious.

More photos here.

GENERAL PROPERTY INFORMATION
LOCATION Cordova, Mactan Island, Cebu, Philippines
About Cebu Province | Map of Cebu Province
PROP. TYPE Commercial, Business
PROPERTY INFORMATION A Unique Multi-Purpose Resorts specializing in:
  • Our guests include people from all walks of life. Families, students, backpackers, romantic minded, long stay foreign guests, etc.
  • Large scale events, functions, weddings etc. With long established customers nationwide
  • Corporate food concession that feed 6000 per day, generating profit margins up to 35%
  • Live-in foreign language packages for students studying English and online teaching of English
  • Welcoming, family-style sociable community
  • 7 day a week live entertainment

Guest Capacities:
  • Sleep capacity of 350 people when dormitories are included.
  • 12 function rooms, largest seating 800
  • Currently running up to 12 functions on a single day
  • 55 creatively designed guest rooms
  • 10 dormitories for 300 group sleeping beds
  • 1 Restaurant 1 kitchen for restaurant and 1 corporate kitchen that can feed up to 6000+
  • 3 events stages from which we feature live entertainment, 7 nights a week
  • Outdoor amphitheater and stage area with capacity of well over 1000
  • Total events capacity of 2500
AMENITIES
  • Sturdy 20 foot concrete wall surrounds the resort
  • Boat dock for small vessels
  • Poolside Restaurant and Jungle Bar
  • Native style architecture with tropical village feel
  • CCTV covering entire resort and inside key areas
  • Bounce House activity for family and kids
  • 6 acres of Fully Landscaped gardens (once dubbed “best gardens in Cebu” by industry professional)
  • Nearly new back-up generators sufficient to power entire resort
  • Wi-Fi internet service throughout
  • Expansive, secure off-street parking
OTHER INFO
  • Click here to view Bohol Profitable Resorts for Partnership or Sale
  • Room for Major Expansion- 1st exit off bride to downtown Cebu
  • 80% of the 42,000 sq. meter properties are unimproved and available for expansion
  • Opportunity to expand into other businesses (similar to New Town Mactan) - Garden mall, call center, wellness center, medical tourism, etc.
  • Sellers retiring and motivated
PRICE

Asking price: PHP 280 Million (56% of market value)

Note: Further discount for buying both Cebu and Bohol resorts. With more things to do and a service oriented, happy company culture, Alta is more fun!

Flexible on terms:
Option 1. Possible to buy either or both
Option 2: Sellers willing to retain some of the land for a lower price to buyer


Click to find out price in other currencies.

CONTACT INFORMATION

THIS PROPERTY: Code: CM-9336 (Profitable Resorts for Partnership or Sale - Cebu)
E-MAIL: 1234mitzi@gmail.com

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MEASUREMENT/ABBREVIATION GUIDE

1 hectare = 2.47 acres | 1 hectare = 10,000 square meters | 1 acre = 4,000 sq. m.
1 square meter = 10.76 square feet | 1 kilometer = 0.62 miles
1 meter = 3.28 feet | 1 meter = 1.09 yards
sq.m. = square meters | PHP or P = Philippine Peso | USD or $ = United States Dollar
m = meter | approx = approximately | km = kilometer | min = minute

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