Unique Golf And Beach Hotel In Cebu For Sale

Business description

BEACH HOTEL FOR SALE, LEASE-PURCHASE OR LEASE - NOW REDUCED PRICE

Established Hotel with 8,000 sqm of White sand beach property

This Tourist Zoned property is a scenic 112 km drive from Mactan International Airport situated in San Remigio, Cebu, Philippines. With car it is a pleasant journey that takes 2,5 hours.

THE SALE IS COMPRISED OF:
• 30 rooms in main 3-storey building
• 6 Bungalows on the Beach
• Coffee shop, Lounge, Office, Shower house & Bodega
• 8,127 sqm land with 100 meter white sand beach
• Swimming pool
• All rooms fully furnished with designer furniture
• Hotel fully operational with extremely low over-heads

GOLF: Adjacent to the property there is an eighteen-hole Gary Player designed golf course. The First Tee is beside the entrance. Golf Course also for sale for USD 2 million.

LAND LOTS: There are several adjacent and over-looking properties for additional developments if more rooms or sport facilities would be required. Prices are between USD 5 - 20/sqm.

POLO: There is a Polo club with 25 polo horses beside the golf course for sale for USD 800,000.

SERVICE: With Swedish and Filipino management Casa del Mar guarantees all guests an exiting golfing or equestrian holiday experience.

REVENUE: The Hotel is making profit every month, more over winter and less in the summer.

REDUCED SELLING PRICE: Peso 87,950,000 (USD 1,999,000) --- Previously Peso 125 million

Terms and Conditions:
1) TAXES & GOVERNMENT CHARGES – land and property taxes for 2011 paid by the Seller. All other transfer taxes and charges paid by the Buyer. Additional charges are between 4% to 9% of the purchase price subject to payment terms and method of transfer.

2) TERMS OF PAYMENT - Upon signing the “Agreement to Sell” documents 10% deposit shall be paid to the Seller. Upon signing the “Deed of Absolute Sale”, within 30 days from signing the Agreement to Sell, the Buyer shall pay the Seller the balance of the amount.

3) SEPARATION OF STAFF – Staff can stay or be transferred to other property.

Property information

Real Estate:

Real Property Included

Living accommodation:

30 well built hotel rooms in 3-level concrete building with terraces facing the beach, 6 Bungalows facing the beach, 6 service buildings incl Coffeeshop with long bar, Lounge, Office, pool shower house, etc

Location:

From Cebu city or Mactan Int'l Air Port it's a 2,5 hour nice scenic drive along the East coast of Cebu. In Bogo turn left, 10 km to San Remigio, left again for 3 km, right at the sign and 1 km on smaller road to Verdemar Golf Club gate. Drive through the golf course down to the beach.

Premises details:

The Hotel is situated direct on the beach, beside the golf course, view over Bantayaan Island and Tanon Strait.

Size in square feet:

lot area 90,000sqft, buildings circa 25,000 sqft

Planning consent:

Building permissions for extensions approved

Business Operation

Expansion potential:

Several parcels of land around hotel are for sale by the Owner for future expansions.

Competition / Market:

In the area there are a few resorts and 2 more golf clubs.

Reasons for selling:

moving to other country

Trading hours:

24/7 operation

Employees:

20

Years established:

14

Other information

Support & training:

6 month support, Cebu sales office, handover of clients

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

3 years financing, lease, lease/purchase, partial purchase

Furniture / Fixtures value:

$500,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Website:

Please click here to view the link

Related documents:

• 
• masterplan

• 
• transfer

• 
• Beach Hotel 2

Home based:

This business can be run from home.