Your Turnkey Business Opportunity - Adult Lover's Vacation Hideaway Beach Resort in Palawan Island, Taytay, MIMAROPA, Palawan

For Sale

$9,250,000 USD
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Property Summary for Your Turnkey Business Opportunity - Adult Lover's Vacation Hideaway Beach Resort in Palawan Island

Type
Other
Style
Commercial
Lot Size
6.425 Ac
Year Built
2019
Neighborhood
Baras
Postal Code
5312

Description for Your Turnkey Business Opportunity - Adult Lover's Vacation Hideaway Beach Resort in Palawan Island

Good day Douglas F. Panares, \rFollowing our previous conversations this are couple of points you may share to your investor – Buyer.\r\rKindly do keep in mind that the original selling price for the Resort was 9.25 Million USD in 2019 before the Covid -19 Crisis, and it is still the same Price now and not been Increased even with current Property Value in the Area have significantly been appraised to Higher Price during the past 3 years.\r \rAs we all know TIME is MONEY for any investors, the most important thing is their return on investment (ROI)!\r\rTalking about time as you may know and your investors surely do, buying this Resort has these Advantages:\r\r1.\tThe Resort is easily accessible;\ra) Near the Municipality of Taytay, b) The town Market and Commercial Establishments, c) The Municipal Hospital, municipal Facilities, d) and the Place is in a Tourist Destination Area.\r \r 2) As a Turn-Key Business Resort;\r All the Corporation papers are available to Investor-Buyer: \r SEC Registration, Business Permits, Certificates and the Land Title (Titling a \r Tax Declared Property takes years and more of Expenses, especially here in \r Palawan), and all other Pertaining Business Documents.\r\r 3) All the Accommodations are Brand-new; \r 5 Villas with Pool, 4 Villas with Garden, and the Presidential Suite\r\r 4) All the Facilities are Newly Built;\r Restaurant, Bar, Infinity Pool, Reception – Boutique Shop, Yoga Deck, etc.\r\r 5) It more Expensive, take several years, stressful, and cumbersome to Start a \r Business Now during this New Normal after the Pandemic Crisis.\r a) Planning with engineer and architects. ( plan and design 3-6 months ) \rb) Engineering. ( finding the correct engineer )\rc) Building permits. ( 2-3 Months )\rd) Registering the company to SEC. ( 1-2 Months )\re) Indorsement paper from Barangay to Sangunian, to Ecan board, to SEP, to \r PCSD to ECC. ( 1 Year) \rf) Note well that all of these are a process that can't be done simultaneously they \r have to be done one after the other.\rg) After obtaining the above permits Bureau of Investment permit. ( 6 months ) 10 h) Generator permit, Hazardous permit, air water permit and STP permit. ( 3-4 \r months) \ri) Then comes the Department of Tourism accreditation (1 Year)\rj) Fire and safety clearances. (1 month)\rk) Construction time. ( 2 to 3 years if no delays and holidays no issue with the \r engineer and the deadline is respected)\rl) securing water and electricity during construction period.\rm) Landscaping. (1year)\rn) Making sure that your property has a signal for your wifi and management \r function. if not you not to install antenna. (1-2 months.)\ro) Fit out/procurements of materials (towels & linens, beds, kitchen & bar \r equipment) \rp) Staff recruitments and training. ( 2 -3 months )\r\rNOTE 1\r All of these are a process that can't be done simultaneously. They \r have to be done one after the other.\r\r NOTE 2\r All of the above is merely fraction of what the investors will encounter \r before even seeing a return of investment. \r\rCONCLUSION:\r\rTherefore the price proposed for the Resort is very fair and correctly calculated for a direct and immediate Turn-key in hand resort ready to generate income!! And it comes with the 4 YEAR tax free for BOI.\r\rKeeping in mind that the Resort is a new construction rather than the old resort that might be for a lower price that surely would come with hidden maintenance and remodeling and refurbishing cost.\r\r\r\rBest regards, \rCOO – RESORT OWNER\r
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Douglas Fernandez Panares
Douglas Fernandez Panares

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