FOR SALE! 3,474 sqm Resort with Restaurant and Pool at Coron, Palawan

Category: Resort
Location: Coron, Palawan
Titled or Tax Dec: Tax Dec
Lot Area: 3,474 sqm
Right of Way: Yes
Electricity: Yes
Water: Yes
Selling Price: Php63,000,000

PROPERTY DETAILS:
Resort is made of :
5 Bungalows with 2 rooms each, total of 10 rooms (6 Standard and 4 Family rooms equipped with hot and cold shower, flat screen tv, fans, king size and single bed, terrace) Each room is approximately 36sqm.
- 1 Restaurant with kitchen, restroom and stockroom
- 1 Reception with Fiber internet connection, pc
- 1 Swimming pool with Jacuzzi and powerhouse
- 1 Staff house with two rooms, bathroom and shower
- Fully equipped (owner) house with bathroom, shower, livingroom, kitchen, 3 rooms, terrace and fiber internet connection (120sqm)
- Powerhouse with 34kva generator (bought in 2019), water filter system and water tank, 2 washing machine and 1 dryer.
- Every year we closed it for a month to renovate it.
Resort is located in Coron, Palawan, just 3km (10 mins) from the proper town, all concrete road. Busuanga airport is only 30 mins away.
Resort opened its doors in December 2012 and occupancy grew each year, by 2018-2019 we had full capacity during December, January, February and the other months capacity was at least up to 85-90% (lowest capacity in September with 60% ).Room rate before pandemic was ranging between 4,450 – 4,950 for the Standard King room and 4,950 – 5,450 for the Family King room.
Now rate is between 5,350- 5,950 for the Standard King Room and 5,650 – 6, 250 for the Family King Room

GET TO KNOW MORE ABOUT CORON, PALAWAN

Geographic Location and Topography
Coron is a coastal municipality in the island province of Palawan.
The municipality has a land area of 689.10 square kilometers or 266.06 square miles which constitutes 4.70% of Palawan's total area.

Elevation
The municipal center of Coron is situated at approximately 11° 60' North, 120° 12' East, in the island of Busuanga. Elevation at these coordinates is estimated at 14.6 meters or 47.8 feet above mean sea level.

Distance from Manila
298.75 kilometers (185.63 miles) to the North‑Northeast (N16°E)

For more details and viewing schedule, please call us:
Nel Realty