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Waterfront Homesharing & Apartments Bsns With Owner's Penthouse For Sale

Alcoy, Cebu, Philippines
Asking Price:
$1,450,000 (USD)
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$250K - $500K (USD)

Palazzo-style estate for retirement living, assisted living, or holiday residence, located directly on the sea in Cebu, Philippines. The property offers approximately 2,900 m² (31,200 sq. ft.) of total usable floor area on a 3,400 m² waterfront lot with 60 meters of shoreline.

The building includes 46 rooms with private terraces or balconies, 4-meter high ceilings, and traditional paneled windows and doors. The facility is designed barrier-free and includes an elevator. The original layout includes 2 bedrooms, 1 bathroom, and a 50-square-meter living and dining hall in one apartment. Upon request, a third bedroom can be offered as a waterfront bedroom, which increases the total number of habitable rooms to 58.

Property features:
Waterfront location with direct sea access
Pool and ramp into the sea
On-site restaurant and supermarket
Separate villa building suitable for clinic use or staff housing
Carports

The architecture is inspired by the Venetian palaces along the Grand Canal in Venice, combining classic European style with a tropical seaside setting.

Clean Title. Attractive opportunity due to the currently favorable Philippine peso exchange rate.
Ready for Occupancy (RFO): May 2026

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Owner's Penthouse 228 sqm

Location:

Alcoy, Cebu

Premises Details:

Unique Real Estate for Assisted Living and Holidays

Business Operation

Competition / Market:

No comparable barrierfree Waterfront Resort on Cebu Island
Numerous Inquiries for Homesharing & Shared Apartments

Reasons for selling:

Age of the owner

Other Information

Website:
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Related Documents:
Business closed / Asset sale:
Yes