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THE SALE IS COMPRISED OF: - 10,000 sqm land area - 100 meter white sand beach - Beach Resort with 35 hotel rooms - Restaurant and Bar - Kitchen - Office - Pool This Tourist Zoned property is a scenic 112 km drive from Mactan International Airport situated in San Remigio, Cebu, Philippines. With a car it is a pleasant journey that takes 2 hours and 15 minutes. In the area are 3 golf courses played by asian golfers all year round. The area also houses the prominent families of Cebu over Holiday's and Summer, as the area is home to many beach houses and getaways. REVENUE: The significant revenue is from rooms to Japanese and Korean Golfers yielding USD 200,000/year. Terms & Conditions for Sale: PRICE: USD 1,250,000 Terms & Condition for Lease: USD 120,000 per year, 10% annual escalation, 6 months deposit Terms & Condition for Lease-to-purchase: USD 300,000 down payment, USD 6,000/mth, USD 1,100,000 full payment within 24 mth MANAGEMENT: can remain or be rescinded GOLF COURSE adjacent to the Beach Hotel is also for sale or lease and several additional land areas and lots are for sale adjacent the resort and golf course. The Golf Course can be leased for USD 10,000/mth including maintenace. For more pictures and information please contact the seller.
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