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Tablas Island Beach Resort For Sale Or Lease

Calatrava Tablas Island Romblon, Philippines
Real Property Price:
On request
Lease Price:
$1,000 (USD)
Sales Revenue:
$10,000 (USD)
Cash Flow:
$100,000 (USD)

BEACH RESORT/HOTEL FOR SALE OR LEASE
Tablas Island
Romblon, Philippines
Price Reduced TO ONLY
₱30m pesos - $550,000 USD
(Vendor Terms, over 5 years 10% p.a.)
(Cash Discount 10%)
A resort for sale in the Philippine Islands.
We have a clear-titled absolute beach resort for sale, built over 3 beautiful beach coves, with a total land area of 30,000 sqm.
The 2-story 80 sqm resort hotel and 7 native studio villas were built in 2009 on Tablas Island with direct island beachfront, with 3 separate cove beaches next to each other. The resort is only accessible by boat.
Free mountain spring water (connected) and town electricity, with a new PHP 250,000 transformer for air conditioners and future development.
The property, totaling 30,000 sqm, is built around 3 separate natural beautiful coves and beaches.
1. Cove 1 (10,000 sqm) with a private beach, 80 sqm two-story hotel, bar & restaurant, 2 kitchens, reception, and watersports hire shops. 5 guest native villa studio rooms (10-45 sqm) each.
2. Cove 2 (10,000 sqm) with a 90 sqm native villa with 2 guest studio rooms (45 sqm each), overlooking the ocean beach and private Cove 2 beach.
3. Cove 4 - Vacant beachfront land (10,000 sqm), (south side of the resort). TOTAL 3 coves (30,000 sqm).
ALL 3 on the one clear title.
Total area (30,000 sqm).
EXCLUSIVE ECO RESORT - HEALTH RETREAT
1-HOUR DIRECT FLIGHTS MANILA-TABLAS ISLAND-Swift Air

Overview Amenities Location
ROMBLON TABLAS ISLAND, Philippines
BEACH RESORT/HOTEL FOR SALE
BARGAIN BARGAIN RUSH
50% DISCOUNTED 50%
₱30 m
MUST BE SOLD TO HIGHEST BID OFFER
(Terms: cash 90 days, OR Vendor Terms, 50% deposit over 5 years interest-free)
A resort for sale in the Philippine Islands.
We have a clear-titled absolute beach resort for sale, built over 3 beautiful beach coves, with a total land area of 30,000 sqm.
The 2-story 80 sqm resort hotel and 7 native studio villas were built in 2009 on Tablas Island with direct island beachfront, with 3 separate cove beaches next to each other. The resort is only accessible by boat.
Free mountain spring water (connected) and town electricity, with a new PHP 250,000 transformer for air conditioners and future development.
The property, totaling 30,000 sqm, is built around 3 separate natural beautiful coves and beaches.
1. Cove 1 (10,000 sqm) with a private beach, 80 sqm two-story hotel, bar & restaurant, 2 kitchens, reception, and watersports hire shops. 5 guest native villa studio rooms (10-45 sqm) each.
2. Cove 2 (10,000 sqm) with a 90 sqm native villa with 2 guest studio rooms (45 sqm each), overlooking the ocean beach and private Cove 2 beach.
3. Cove 4 - Vacant beachfront land (10,000 sqm), (south side of the resort). TOTAL 3 coves (30,000 sqm).
ALL 3 on the one clear title.
Total area (30,000 sqm).
EXCLUSIVE ECO RESORT - HEALTH RETREAT
1-HOUR DIRECT FLIGHTS MANILA-TABLAS ISLAND-CEBU PACIFIC
DON'T WAIT, SECURE A BARGAIN ISLAND RESORT NOW FOR A FRACTION OF ITS TRUE VALUE!

TABLAS ISLAND Hotel-Resort FOR SALE
PART Island
Philippines Beach Resort
FOR SALE
BARGAIN

EXCLUSIVE ECO RESORT - HEALTH RETREAT

1-HOUR DIRECT FLIGHTS MANILA-TABLAS ISLAND-CEBU PACIFIC

PHILIPPINES ISLAND PARADISE
3 BEAUTIFUL PART ISLAND BEACH PROPERTIES FOR SALE
OWN A PART OF YOUR OWN ISLAND - A TROPICAL ISLAND PARADISE

  • “OWN the BEST Philippines Island Beaches I have ever seen”
  • A CASTAWAY TROPICAL ISLAND ECO PARADISE YOU WON'T WANT TO LEAVE

TERMS PRICE LIST
BARGAIN PRICED: 3 SEPARATE (10,000 SQM) EACH, FREEHOLD CLEAR TITLED PROPERTIES.

  • 1. COVE 1 RESORT - Vendor Terms PRICE $2.8m USD (PHP 135m pesos). REDUCED to Only $500,000 USD (PHP 25m pesos)
  • 2. COVE 2 Villa & Beachfront Land & Cove - Vendor Terms PRICE $1.5m USD (PHP 73m pesos). Reduced Now to $300,000 USD
  • 3. COVE 4 Vacant Beachfront Land & Cove - Vendor Terms PRICE $0.9m USD (PHP 44m pesos). Reduced Now to Only $200,000 USD

Vendor Terms available 10% over 5 years Deposit Neg
NB: All 3 can INCLUDE – NEW (Marina & Cruiser $50,000)
1. Current turnover. From re-open till now?
The resort would make a wonderful upmarket getaway resort for the rich and famous, due to its beauty and secure island access by sea only, with now from 2019 direct 1-hour flights to Tablas Island from Manila. However, our dream has never eventuated yet, due to a lack of finance to upgrade the property to world standards. There are no turnover figures at all, due to the property having never opened as an official paying resort or hotel, as it has never been fully completed to world standards that would attract the Boracay, upmarket crowd, and not the cheap backpackers that go to cheap native-style basic resorts and hotels in the Philippines. This unique and rare island resort has the potential to be world-famous if it gets developed properly.
The original Filipino owner, a builder, who started building the resort hotel in 2009, with an 80 sqm 2-story hotel, & 5 villa rooms & 2 nipa native huts, with the many walking tracks with concrete steps with 1 km of coastal tracks to other beaches, from 2009, over 5 years, and developed until he died in 2014. His son then lived there and the property was only used as a private residence and for local day visitors who loved the beautiful white coral sand clear beaches and blue clear water where thousands of sea turtles hatch on all the beach coves every April-May, until our corporation bought it in late 2016. Over the next 3 years, we started to turn it into a proper hotel and resort, however, we ran out of money. Apart from a few foreign guests a month to pay all our monthly costs, we have not promoted the property on the world stage yet, and since 2019, it is just a family residence for our relatives, and a few paying guests that pay fully all the monthly running costs including all food and staff wages, of $700 USD a month (PHP 35,000).
2. Chattels
see other lists & copy
3. Details on current accommodation?
see lists N1 N2 V1 V2 V5 V6 V7 total 7 Rooms
4. Staff levels and costs?
Food & staff wages, of $700 USD a month (PHP 35,000)

5. Expenses, rates, other costs?
Water is sourced from a mountain spring, unlimited and free. Electricity is town-connected ($100 a month). Land tax rates are only $120 a year.
If you run as a business: $25 a month accountant fees, and all business permits $150 a year. BIR Sales Tax is only 3% of all sales that are invoiced with a receipt monthly. All cash sales are free.
Annual business company sales tax is only $800 (this will probably increase if you open it as a resort, based on income turnover of your 3% BIR payment) but is extremely cheap.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

12 months-2 years

Living Accommodation:

7 Villa Rooms

Location:

Romblon Calatrava Tablas Island

Premises Details:

Hotel Resort

Size in square feet:
30,000

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Subdivide into 3 10,000sm Lots

Competition / Market:

2 other Resorts

Reasons for selling:

Moved to Australia with family after 5 wonderful years on Resort

Trading hours:

24 hours

Employees:
2
Years established:
15

Other Information

Support & training:

Staff

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

Vendor terms 5 years 10% on 50% Deposit

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$2,000 (USD)
Lease asking price:
$1,000 (USD)
Business closed / Asset sale:
Yes