Beachfront Resort / Upcoming Airport / Direct Owner

This is direct offer by the owner.

Only serious inquiries please. If you are interested, let me know when you would like to visit, lets talk, and make a deal. We can talk about the price but I'm not going 10 mln down. Not sending books, nor any documents online.

Price is based on following values:
- current market price of beachfront properties at this location: 18,000 PHP per sqm x 2138 sqm = 38,484,000
- value of 4 buildings including furniture, appliances and fully operating resort 10,000,000 PHP

Excellent investment opportunity in a rapidly growing tourism destination with an upcoming airport.

Reason for sale: made enough of money to take life easy and focus on another project.

Treasure Island is a well known Siquijor establishment. Settled in Solangon, San Juan by national highway and white sand beach with sunset view.

Distances: 10 km from Siquijor town and port, 5 km from Siquijor airport.
Siquijor airport is going under the renovation and expected to start servicing commercial flights by the end of 2024.

On 2138 square meters lot you will find two two story concrete buildings, one bungalow and bar with restaurant.
In the first of two story buildings, downstairs are two 28 sqm apartments consisting of bedroom, dining area, bathroom and veranda. Upstairs you will find a big, 100 sqm apartment with bedroom, living room, kitchen, bathroom and balcony.
Second two story building includes two 45 sqm apartments. Each of them has bedroom-living room, kitchen space with dining area, bathroom and balcony/veranda.
Single bungalow is 45 sqm, one bedroom accommodation with big bathroom and veranda.
Buildings have been built in 2015. Constructed and finished with high quality materials.
All the rooms are equipped with split unit air-conditioning, hot shower and king size bed.

On the property there is still about 800 sqm of free space for further development.

Garden with white sand beach, variety of trees, exotic plants and bermuda grass.
Sunset view 12 months a year. View of Apo Island, Mindanao and Negros.
Excellent reviews at booking sites.
Safe and friendly neighborhood.
Restaurant with bar are at the front of national highway. 100 sqm fully equipped with up to 50 guest capacity.
Bar has many regular customers.

We are booked for 85% of time in the year.

- Utility house with laundry facilities. storage and staff area.
- Water station with 5500 liters tank capacity.
- brand new 15kW automatic diesel generator.
- Internet: 2 incoming fiber optic cables + cable TV

Property has a clean title with one owner. Business is all time open with all business permits, ready to be taken over anytime. Located in very center of Siquijor tourism area with fantastic business potential.

The island of Siquijor is developing very quickly, becoming increasingly popular and visited by a growing number of tourists. The opening of the airport will have a significant impact on accelerating the development of tourism and new investments. The increase in commercial property prices on the island of Siquijor is about 25% annually. It is definitely a great investment considering the property itself.