Agricultural/Commercial for Sale and Rent in Town of Panglao, Bohol, Philippines

Land for Lease Beside Panglao International Airport(2010 )

This is a 1.98 hectare property (19,800 square meters) located beside Panglao International Airport on the main airport road. The terminal entrance is expected to be built around half a kilometer (walking distance) from the property. Less than 10 minutes drive to the famous white sands of Alona beach. The area is appropriate for development for all kinds of tourism, hotel, retail, recreation, food, transport, warehousing, cargo, logistic, airport and ramp support businesses. Panglao Island is a premier tourist destination in southeast asia and is considered one of the top 5 diving spots in the world by world-class divers. Owners are willing to lease the property on a long-term basis at US$ 1 per square meter per month (negotiable) or entertain joint venture projects for the development of the property as a whole or in segments.