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center of Filipiniana Resort
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cottage 6 at Filipiniana
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Kabibi Bar at Filipiniana
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cottage 6 at Filipiniana
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view from cottage 1
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SOLD
FILIPINIANA
RESORT FOR SALE
Investment Opportunity to own a resort within an established
approved development in the immediate vicinity of a bustling
tourist belt. The resort is leased and offers immediate
return on investment. Clientele includes permanent owners
of residential area and their guest and a centralized marketing
concept.
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Native Cottage
Construction at Sans Souci with attractive Bar/Restaurant.
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Beautiful
spot in the immediate vicinity of pier in the development
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Easy access
and views to Beach 1.
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Currently
leased for five years with an option to extend for another
term.
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Native Restaurant
/ Bar seating 40.
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Ten Bamboo
Cottages, 15 sm. each with Flushing Toilet and Shower
and 15 sm. terrace area.
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Each unit
has ocean view.
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The Area
of Filipiniana is approximately 3,000 sm.
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Existing Lease
Conditions
| Period |
Monthly
Lease Rent |
Total
Period |
| June
1, to December 31, 2000 |
P10,000.00
|
70,000.00 |
| January
1 to December 31 2001 |
P25,000.00 |
300,000.00 |
| January
1 to December 31 2002 |
P25,000.00 |
300,000.00 |
| January
1, 2003 to May 31, 2005 |
P30,000.00 |
870,000.00 |
Sales Conditions:
Outright sale
of approx.. 3,000 sm. of prime beach front property with
existing structures at P6,000,000 (US$ 120,000)
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Note: Security
Deposit of P210,000 shall be credited to sales price
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Return on
Investment is approx. 6% through May 2005
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Financing
available
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