For sale Hotel, Camiguin Island, Cagayan de Oro, Philippines, Mambajao, Camiguin

For sale - Cod. 42942

• Tipology: Hotel
• Area: 6942 m²
• Rooms No.: 8
• Floor: Piano terra
• Publication date announcement: 17/07/2023

Resort for sale on Camiguin Island (best solution turn-key)

Do you dream of owning a resort? This is can be a great opportunity for you.

Located in a quiet area on the hillside of Mambajao municipality, has one of the most beautiful gardens on Camiguin Island with a Hibok-Hibok volcano view from the new rooms.

This resort has been operating for more than 11 years and it is fully established.
Is built in a titled land of 6942 sq.m.

The property consists of:
- 3 villas (105 sq.m., 90 sq. m., and 69 sq.m), 3 bungalows (45 sq.m. and 25 sq.m.), 2 rooms (35 sq.m.) all with private bathroom
- 1 restaurant with 24 seats indoors and an area in the garden that is set up for "al Fresco" dining
- 1 massage center
- 1 plunge pool
- Reception at the entrance the front to the gate
- Garage

The large area of the property allows being able to build more bungalows/rooms/villas (to rent for a short or long stay or sell like a vacation home) and the quiet area where is located could be the perfect place to turn it into a WELLNESS and YOGA resort.

It can also be a perfect place for:
- where to live (for a large family) and run (or not) own restaurant and some rooms/bungalows for a short stay
- rent the villas for a long stay

It's only 500 meters from the highway and access to the resort is direct from the paved barangay road.

It's really close to some of the most famous tourist attractions (less than 10 minutes from White Island and Ardent Hot Spring) and only 5 minutes from Camiguin airport.

Is already DOT accreditated (until October 2024) and has a Discharge Permit from DENR valid until August 2027.

We give more details about the property for a very interested buyer.
We offer our support in the activity during the first months of the change of ownership.

Price includes land, construction, and business (no subsequent rent).

Price negotiable!