Hotel for Sale in Circumferencial Road, Purok 2, Poblacion, Panglao, Bohol, Central Visayas, Philippines
890,000 USD
(Negotiable)

Hotel for Sale in Circumferencial Road, Purok 2, Poblacion, Panglao, Bohol, Central Visayas, Philippines

7-Apartment Sea Line Hotel with Sunsets and Ocean Views

Asking Price: 890,000 USD
(Negotiable)
One of most famous international tourist destination, Panglao Island, Bohol. Minutes walk to the sea line, white sand beaches, night life in Alona Beach.

A business income in one of the world's top dive locations that suits families, beginners and seasoned divers. A safe area with a huge potential in an area that is about to explode on the world market.

Canadian owner is reluctantly offering his dream hotel and dive development business because of ill health.

* 85 m to sea line.
* Land Total – 1040 m2 (hotel land 330 m2, development land 610 m2 ).
* Building area – 521 m2.
* Number of floors – 3.
* Number of Apartments – 6.
* Parking – multiple vehicle parking is available.
* Year Built – 2022, occupancy permit – November 2022.
* Current Rental Income - USD 4500.00 per month.
* Land and building owned by corporation, foreigner can buy entire corporation of min. 49% of shares.