Property Code: CM 008 Lot Area: 5000 Status: Active
Bingag Sports Bar is located in Dauis, this inland resort would make an ideal family business for anybody wishing to invest in Panglao. It is situated eight kilometers from Tagbilaran and is just 150 meters from the highway along a soon to be concreted barangay road. It is just fifteen minutes from Alona Beach with all it's varied attractions. It is a favourite destination for clients who want to stay in a quiet, peaceful place away from the crowded tourist areas. It is also a favourite venue for family reunions and family celebrations. It is within walking distance of the sea and is close to Hinndangan Caves.
The resort consists of a bar area, a swimming pool, and seven guest rooms. There are two large rooms which contain a kitchenette, allowing for self catering guests. All structures are of concrete construction, finished with native materials to retain a natural appearance. The resort has ample parking and abundant space for future development. It enjoys almost full occupancy all year round with very little promotion or advertising. It would take a minimum amount of effort to turn this resort into a thriving business. With the ever increasing popularity of Bohol and Panglao, this property presents an excellent opportunity, and is priced to sell.
This property has Clear Title and all taxes are paid up to date.
Price: PHP 18,000,000 negotiable.
Lot Area: 5,000 sqm approx.
Bar Area 140 sqm (not including loft storage)
1 Single Cottage 16 sqm
1 Double Cottage 40 sqm
1 Double Cottage 66 sqm
1 Double cottage (Self Catering)
1 Double Cottage (Owners Residence)
Swimming Pool 5m x 10m
The grounds contain covered picnic benches and has an assortment of fruit trees and ornamental plantings. All rooms are en-suite with hot water and air conditioning. The owners cottage is equipped with central air conditioning.
Homepage: http://www.boholparadiseproperties.com Email: We offer assistance with transportation for property viewings. Alternatively we charge a minimum fee of PHP 500 to convey you to and from property viewings. This fee covers Tagbilaran City and Panglao Island. For greater distances please consult us in advance. We are involved in all aspects of real estate in Bohol, including legal advice, permit application, corporation set-up etc.Please be advised that property prices are correct at time of posting and may be subject to change without notice.