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Wanted Investors For A 34 Has. Beach Front
Location Zambales Province, Central Luzon Region
Offering One specific individual property unit
Property Type Hotel
Transaction For Sale
Asking Price P 50,000,000
Lot Area 347,100 m²
Terms Negotiable
SHOW CURRENCIES
 | US$ 1,137,527 |
 | € 789,730 |
 | A$ 1,235,904 |
 | £ 552,010 |
 | C$ 1,084,973 |
 | FJ$ 1,858,719 |
 | HK$ 8,816,175 |
 | S 4,757,137 |
 | ¥ 130,258,218 |
 | MR 3,806,165 |
 | SAR 4,255,488 |
 | S$ 1,653,281 |
 | R 7,416,676 |
 | D 4,176,999 |
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Price/Lot Area P 144/m²
Just a two hour drive from Olongapo City and three hours drive from Manila, this partially developed beach front property is located in Candelaria, Zambales, Philippines. Its total land area is 34.71 hectares covered by 4 titles. This place is a potential tourist spot and very ideal for resort development. It boasts of a wonderful and exciting scenic view and calm waves of China Sea. A four hectare portion was formerly a fully functional beach resort but at present, it is no longer functional. The hotel building and function halls are already dilapidated but there still 8 remaining and functional cottages.
Unlimited opportunities can also be acquired by investing in fisheries. Of the total area of 34 hectares, approximately 15 hectares can be developed into fishponds. This 15 hectare was then the quarry site and source of sand by the residents in the area. The sea abounds with a number of fish species and there are already a number of fishponds in the area where milkfish, tilapia and prawn are raised. Electricity and water supply are readily available in the area. Local bus operators ply the route 24 hours a day.
Price is set at Php50M for the entire property or at Php144 per sq. meter only and still negotiable.
Compared to other agricultural lands and rawlands(non-beachfront properties) in the vicinity which are being sold ranging from P175 to P250 per sq. meter, truly this is a BARGAIN and a rare investment opportunity.
For further inquiries and details, please call at telephone no. (078)-682-5419 or at mobile no. (+632 9175742390) or email at radarsinc@yahoo.com
Located just a kilometer away from the town proper of Candelaria, Zambales.
Neighborhood Area Resort peripheral
Year Built 1994
Encumberance None.
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