INCOME GENERATING RESORT FOR SALE IN DANAO PANGLAO (VENEZIA SUITE RESORT)
Built in 2018, this American-inspired resort featuring 11 hotel suites composing of 4 family suites, 1 luxury suite (2-story), 4 superior suites and 2 separate villas. It boasts a large swimming pool measuring 168 square meters, dining facility and kitchen, staff room, linen room, storage and electrical room. It has a total of 14 bathrooms. All units have own toilet and bath, furnished with beds, split-type AC units, chairs and tables, refrigerator, 43” LED TV, water heater, fire alarm and sprinkler system, and provision for CATV.
Asking Price: P48,000,000.00 NET
Currently Rented for 3 years at the following rates:
P250,000.00 per month for Year 1 (March 2023 - February 2024)
P280,000.00 per month for Year 2 (March 2024 - February 2025)
P322,000.00 per month for Year 3 (March 2025 - February 2026)
Address: Venezia Suites Resort, Danao, Panglao, Bohol
Land Area: 1,369 square meters (Titled Lot)
Total Floor Area: 768 square meters
Zoning: Commercial / Residential
Building Features:
Reception/Lobby
Admin Office / archive
Guest Lobby powder room
Staff Room with T&B
Fire Sprinkler
Water well
All common areas with LED Lights
Fire Exits
Fire Alarm & Automatic Fire Sprinkler
Fire Cabinets
CCTV
3-5 Parking Space
Standby 14KVA Generator with ATS
Open Porch
Deep well water source
Listed at