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Hotel And Restobar In Santa Fe For Sale

Santa Fe, Cebu
Asking Price:
$95,000 (USD) Furniture / Fixtures included
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Selling, a 50% share in the hotel and a hotel bar completely, with land. Reason for sale is the relocation of the owner to another country.

The hotel is located on the paradise island of Bantayan, Cebu Province, 70 meters from the beach. Many people call this island the second Borokai because of its snow-white beaches. The island is developing rapidly, in future it is planned to open an airport for local airlines from Manila and Cebu.

Land under the hotel is 730 square meters and is owned.

The hotel consist of 4 rooms and 2 bungalows, all rooms have AC, private bathrooms, 2 rooms have TV, bungalows have private bathrooms, hot water, one bungalow have AC. The hotel building is currently one-story but was built with the expectation of two floors. All hotel buildings were built one year ago and are owned. There is space for more rooms.

At the moment, the hotel cooperates with the services of agoda.com, airbnb.com and successfully receives guests.

Due to the active development of tourism on the island and the imminent opening of the airport, now it is an excellent opportunity to acquire a share in successful business for a reasonable price. If you are still plagued by doubts, just imagine how much such an offer will cost after opening the airport.

Property information

Real Estate:

Real Property Included

Location:

Philippines, Bantayan island, province of Cebu, Santa Fe town, Alice beach santan street, Okoy

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