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Palawan Private Resort For Sale 3H

Listing
FROM
USD 10,000,000



Palawan Private Resort For Sale 3H
Buy & Sell
|
Real Estate


Ref Number:
2009161446
Land Size
30,000.00 sqm

The private island is rather unique. There is nothing like it in the Philippines, perhaps all of Asia. This is the result of a wealthy American’s dream plus ten years of old-world craftsmanship by 100 Filipino artisans.

The results were impressive. A piece of paradise was created. The attention to detail combined with dreamy architecture and skilled craftsmen created beauty and function rarely found, especially in a developing country. Photographs cannot capture the feeling that envelopes one as they stroll around the island and take it all in. Perhaps the best way to gain some understanding of this is to peruse the reviews written by guests.

Now, this elaborate estate has become a thriving resort for those seeking the road less traveled. Maximum occupancy of 12 guests creates yet an even more special ambiance enjoyed by virtually all of the guests. The low guest volume could be readily expanded but the current owners prefer how small guest numbers facilitate coral reef education, management, and protection. With plenty of room for expansion, this island can be a profitable high-end resort or remain as a paradise for private use. Perhaps this will just be kept as it is: a beautiful blend of paradise and business.

All of the infrastructures on this private island has been perfected over the years, making it very comfortable and nearly self-sufficient. Solar power, spring water, boat harbor, helipad, extensive enclosed storage, roads & pathways throughout, and proper staff accommodations in place for 30 employees, are examples of the brilliant infrastructure that allows this establishment to run smoothly.

All the pieces of the puzzle are here to make whatever one desires. This private island is a pristine forested Island tastefully developed in exquisite attention to detail. There is nothing like it in Palawan. Solar-powered. Artesian spring water. Heli Pad. 3 miles to Taytay airport. Boat harbor. Island is surrounded by a 70-hectare official marine sanctuary (over 4km circumference). The reef is considered one of the best in the Philippines.

Currently business operated, the island is fully developed with room and permits available for additions.

ISLAND FACTS
Island Area: 30,000 sqm as per DENR, 40,000 sqm as per Google Earth
Peak island elevation: 65 meters
Marine Sanctuary Boundary: Outer edge of coral reef + 20 meters
Marine Sanctuary Area: 56 Ha
Marine Sanctuary Perimeter: 4 km
Years in Business: 6
Cell phone reception: Smart and Globe.
 

AIRPORTS

Taytay ( Sandoval ) Airport, 9 km. (30 minutes) from Palawan Private Resort Island has been refurbished with new concrete runways and terminal structures. Scheduled to open soon as the “gateway to El Nido”.

El Nido Airport, 42 km. (100 minutes) from Palawan Private Resort Island. Serviced by Air-Swift.com with numerous daily flights to a variety of cities, using

San Vicente Airport, 38 km. (160 minutes) from Palawan Private Resort Island. Serviced by 1 flight per day from Clark Airport on Philippine Airlines using prop. plane.

Puerto Princesa City Airport, 123 km. (240 minutes) Serviced by Philippine Airlines, Cebu Pacific and Air Asia. All using big jets.

SALE INCLUSIONS
TURNKEY: Palawan Private Resort has been in business for 6 years and all equipment necessary to run the business. Everything on the island is included in the sale, from linens to tea cups, from furniture to speedboats. Everything is included.

UNUSUAL INCLUSION

  • 2 Fiberglass Catamaran 300 hp Speedboats
  • Small banca
  • Suzuki Multicab truck
  • Welding shop equipment
  • Woodshop equipment
  • Cement mixer
  • Misc. hand tools
  • Inventory of replacement parts
  • Professional Photos
  • WEB Site

LEGAL STRUCTURE & TENURIAL INSTRUMENTS

  • Property Tax Dec. is owned by a Philippine Corporation
  • Tax Declaration (non-alien and disposable)
  • Special Land Use Permit, expired and in the process to convert to FLAG T
  • Taytay Municipal Ordinance establishing the Palawan Private Resort Marine Sanctuary

PRICE
US$10,000,000.00

PAYBACK
Under 12 years with build-out.



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FROM
USD 10,000,000




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