55 hectare Beach & Golf Resort

Cebu, San Remigio, Bancasan
Sale: ₱ 525,000,000
Land for sale in Bancasan, Cebu
Full description

Listing ID: CDM-JULY 2023

Land for sale in Bancasan, Cebu

The sale is for the 55 hectare land (51.4 Ha untitled and 3.6 Ha Titled), a 100 meter long white sand beach and 200 meter cliff shore land. The Resort facility has circa 36 large family rooms and Bungalows.

50 hectare has a Gary Player designed golf course, but not in operation.

The golf course was closed due to Covid but has been partly maintained. Fairways and Greens are in fair condition but irrigation system and mowing equipment has to be supplied. The course could be playable in 3-4 months.

Resort is leased and operated since 2019 by Korean company and is in fair operational condition, 2-3 star.

The Beach is fantastic with white sand and clear water.

Beside the Resort, there is a 9 hectare development area composed of 1 hectare cliff, 3 hectare slope area on the South side, a 4 hectare area on the North side and possibly an additional beach near the Mangrove.

The resort has circa 80 beds and needs another 50 - 100 rooms to sustain the golf course.

3.6 hectare is Titled, 18 hectare is under Titling proceedings and 33 ha under Tax Declaration. If the Buyer is Filipino individual he can have the Titles within a year through the new DENR Admin Title (without 5 year sales hold).
Key features
Facilities
  • Swimming pool Icon Swimming pool
  • Air conditioning Icon Air conditioning
  • Security Icon Security
  • Car park Icon Car park
  • Garden Icon Garden
  • Children's area Icon Children's area
  • Access for the disabled Icon Access for the disabled
  • Grill Icon Grill
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Details on Lars Lofgren

Listing provided by Lars Lofgren who have 7 other listings.

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