Selling 700.000 SQM / 70 Hectares Golf Land with Golf Course included for FREE.
The Resort is about a two-hour and fifteen minute drive from Mactan International Airport or from the City. The first 110 kilometer road is concrete, the local entrance road is a 1km sand road and through the golf course is concrete. The resort is situated in San Remigio, on the west coast, by the Tanon Strait facing Bantayan island.
The entire San Remigio area was declared Tourist Zone by the Municipal Government 20 years ago and today the local government is supporting the project to promote the entire area for tourism development.
View 70 Hectare Golf Area For Sale Satellite Map
Updated as of August 15, 2013 - Golf Course (70 hectares)
BEACH HOTEL for rent, inclusive of:
- 38,000 sqm lot with white sand beach
- 30 rooms with balconies facing the Beach and vary from 30 sqm to 50 sqm
- 6 beachfront Bungalows, 50 sqm including shower and toilet
- Swimming pool, sunshades, Shower house and two separate saunas
- Bistro Restaurant with indoor and outdoor dining with attached recreation rooms for Billiard & Karaoke, Coffee shop with big bar, Lounge with Karaoke and Movie set and office with storage rooms
- fully furnished and operational
- in house electric transformers and water wells
The cost of running the Hotel is very modest due to:
- Hotel has its own transformers and pay only P50,000/mth for Electricity and water.
- Staff is flexible, all living around the Hotel, and work when we have guests only.
- Maintenance is very low as all buildings are made of concrete, most roofs are concrete, window & door jams mostly concrete, all floors tiled and most wood removed.
- 5 self-draining Septic Tanks.
- Fresh water from own well (free) + backup supply from Pawasco.
The Hotel is fully furnished with a lot of leather chairs, leather tables, designed by Ernest Hemingway, from his Safari Collection, all rooms have oil paintings, there are TV's and Satellite Dishes for most rooms, there are Antique cabinets and Desks, a lot of American designed wood tables, leather chairs, etc.
A 10% deposit upon signing Agreement to Sell. Balance payment upon signing Deed of Absolute Sales(DoAS). There are 4 DoAS, 2 for land, 1 for Buildings and 1 for FFE.
Capital gains tax (6% of the selling price), documentary stamp tax (1.5%), transfer fee (0.5%), registration fee (0.5%) and notarial fee (1%): Buyer pays all taxes.
CDM Beach Hotel and/or Golf Club are open for a 2-year lease. The Lease can be prolonged by mutual consent before the end of term. The Owner’s desire is to sell the Resort and the Lessee shall be amenable to let prospective Buyers inspect the resort.
Hotel Lease (Hotel can leased for 10 years to Golf land buyer)
The leased property is comprised of 6 Bungalows on the Beach, 20 suite/room units in the hotel building (total of 27 rooms), Office and Lounge building, Coffee shop building, pool, kitchen building, shower house and Bistro building with terrace. The Penthouse, #10, will be kept for the Owners to use on weekends. The DiveShop will be used for the Golf Course as Check-in facility.
The Lessee shall do no construction on the leased property. The Lessee shall pay all operative and maintenance expenses.