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Fully Operational Hotel Business For Sale
                        
Location Surla Street City, Barangay Balibago
Offering One specific individual property unit
Property Type Hotel [ Hotel ]
Transaction For Sale
Asking Price US$ 9,000,000
Lot Area 860 m²
Floor Area 3,000 m²
Terms Negotiable
SHOW CURRENCIES
 | € 6,047,982 |
 | A$ 10,258,749 |
 | £ 4,722,174 |
 | C$ 9,637,200 |
 | FJ$ 14,706,000 |
 | HK$ 70,288,200 |
 | S 37,638,000 |
 | ¥ 990,990,000 |
 | MR 29,934,000 |
 | P 401,490,000 |
 | SAR 33,750,000 |
 | S$ 12,684,600 |
 | R 70,200,000 |
 | D 33,054,300 |
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Price/Lot Area US$ 10,465/m²
Price/Floor Area US$ 3,000/m²
A well established hotel right in the heart of Balibago, walking distance to the vibrant Field's Avenue, is now offered for sale! A turnkey investment for your taking. It has 50 deluxe rooms with minibar, an elevator to boast with, swimming pool with bar , outdoor jacuzzi, internet cafe, restaurant ( they serve the best steak ! ) and an outdoor theater system. It has nice, friendly staff which makes it a favorite holiday destination for both tourists and locals alike. Because of the completion of several road networks projects like the Subic-Clark-Tarlac Expressway and the North Rail System, the International Airport had a significant increase in the number of travellers pouring in. Creating huge demands and long-term opportunity for the hotel and travel industry. The big change on the Philippine tourism and aviation, is about to take place as well.
Its occupancy rate is from 65% , in lean months and 100% during peak season. It is a very promising business with more income potential!
From Diosdado Macapagal International Airport : 10 minutes Field's Avenue: 3-5 minutes by foot Mac Arthur Hiway : 1 minute walk SM Clark : 5 minutes by foot/ cab Casino Filipino : 1 minute walk Marquee Mall : 5 minutes Nearest Exits : Angeles , Dau and SCTEX Future establishments to watch out : The soon to be operated GLOBE ASIATIQUE Commercial Strip, along Mac Arthur Hiway, Balibago, only 1 minute walk, across the other side of the Road.
Owner is willing to open books with strict confidentiality only for buyers with Offer to Purchase. Call your realtor now for inquiries and visits.
Cherry : +639205091492
e-mail : cherryamorespiritu@yahoo.com
Neighborhood Area Urban commercial
Year Built 2008
Encumberance None.
Building Structure
Height 4 floors
Construction Concrete
Strength Reinforced concrete columns and beams
Wheelchair Access No
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This property is offered by the following Realtor™:
Username camespiriturealty
Name Cherry amor Espiritu (Espiritu Realty)
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Preferred Contact Method
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Email - directly to my email address
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To: camespiriturealty
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All information on this page has been provided by the user and has been accepted in good faith.
Ah Yer! Philippines does not guarantee the verity of any data given, and any interested
party must verify all information regarding this property directly with the offerer.
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