Bohol Panglao Airport Resort (Code: CM-9431)
Panglao, Bohol, Philippines
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FOR SALE:
Bohol Panglao Airport Resort

Soon To Be Complete Resort with Already Tennanted Commercial Building 3 km to Famous Alona Beach and only 1km To Pangalo International Airport! This is your opportunity to own a Brand-New Resort and Commercial space near Alona Beach.

More photos here

GENERAL PROPERTY INFORMATION
LOCATION Panglao, Bohol, Philippines
Map of Bohol | About Bohol
THIS IS WHAT’S GREAT:
  • Commercial Building is complete and 90% leased
  • Architecturally designed
  • 36 beautifully appointed rooms
  • Very close to the new International Airport – 800 m
  • Long lease and terms
  • Alona Beach is incredibly popular with year-round income stream
  • 2 Complete businesses. You are purchasing the Resort and Commercial Business, this is not a presell as the Commercial Business is complete, running and tenanted. Completion of the adjoining resort and second income stream is November 2020. Progress photos and video are available upon request.
KEY FEATURES & BENEFITS:
  • Excellent Location
    • 3 km to Alona Beach
    • 800 m to Panglao International Airport
  • 1 Apartment style room – 72 SQM
  • 10 Deluxe rooms – 28 SQM
  • 4 Deluxe rooms – 25 SQM
  • 21 Standard rooms – 22 SQM
  • 200 SQM swimming pool – Deep end for dive instruction – (if required)
  • All rooms have a balcony
  • Deep well and town water supply available
  • Restaurant gazebo
  • 50KW Generator
  • Estimated completion date is November 2020
  • New Lease already negotiated with landowner for 25 years on good terms
  • Total Land area is 4,484 SQM
RETURN ON INVESTMENT (ROI) Approximate yearly income for RESORT at 75% OCCUPANCY is PHP 35 Million per year gross.
Current yearly income for COMMERCIAL BUILDING at 90% occupancy is PHP 8 Million.
This does not include restaurants or other income.
REMINDER

You will be purchasing the business. The land (as is normal Philippines Business procedure) is leased to you for 25 years (full new lease) plus the option for another 25 years (right to renewal). You also have first right to purchase form the buyer if the land itself comes up for sale. We can help you get set up with business permits, municipality requirements, building permits, construction, municipal permits (wastewater, discharge) by providing our extensive local experience and contacts.

DON’T MISS THIS AMAZING OPPORTUNITY!
PRICE PHP 135.9 Million


Click to find out price in other currencies.

CONTACT INFORMATION
THIS PROPERTY: Code: CM-9431 (Bohol Panglao Airport Resort - Bohol)

SELLER: Michael Ryan
CONTACT NUMBER: 0961-153-3796
E-MAIL: sales@myphilippinesinvestment.com
WEBSITE: www.myphilippinesinvestments.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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About Bohol Province | Map of Bohol Province

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