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Barangay: Other
City / Municipality: Minglanilla
Province: Cebu
Country: Philippines
Price: P8,500,000.00
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Status: Sold
Type: Beach Lot/Resort or Mountain Resort Direct from Owner
Sort: For Sale
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Description:
This lovely Inland Resort is 2,200sq.m, strategically located at a
close distance on future Tourism District in the Philippines, in the
Cebu South Properties (SRP) and the second Malacaņang in the
Philippines. A 25 minute drive to the City proper, surely this piece
of development is gem to the new owner!
Price Lowered! From 14M pesos, down to 12M pesos to 10M pesos and now
its incredibly 8.5M Pesos "net". Owner leaving as it is! Construction
of such an edifice nowadays is not only costly and time consuming but
is impossible such a cost at 8.5M pesos. That price is the land alone!
Look at the structures!
It has 6 mini rooms clustered as row houses with each own T&B. The
structures has 5 mini rooms and the ground floor of the structures has
4 rooms to ensure privacy.
The property needs little renovations. It generates income even with
just a simple poster ad attached in the corner of Minglanilla.
Whatever renovations it maybe, the property has enough space. With a
solid marketing program complementing the popularity it had gained for
the past few years, the potential in this resort is awesome.
Possible expansions / renovations is a low rise pension house that
caters short and long term vacationers, a restaurant, a live band with
Disco, and or coffee shop.
Own this rare investment Opportunity. Best offer wins!
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