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Along Diniwid Road (about 30 seconds from the Beach), Boracay Island
Price: P10,500,000
Category: Single Family Home / House & Lot Year Built: 2012 Lot Size: 276
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Location:Along Diniwid Road (about 30 seconds from the Beach), Boracay Island
Size:House is 2-story 3 BR & 3 Baths, approximately 180 sqm (1937 sq ft) including the balcony.
Bar is approximately 170 sqm (1830 sq ft) total. Lot is 276 sqm more or less (303 sqm on final survey).
Zoning:Residential/ Commercial. 98% of properties in the island is tax declared. This property is also tax declared. Land taxes paid for until 2014.
Potentials:Great for a mini-hotel with restaurant/ bar. The bar area has foundation and massive poles prepared to hold a 3-story building.
Description:The house is semi-furnished (2.5 hp and 1.5 hp window type airconditioners, stand fans, washer, some kitchen appliance, some shelves, internet wifi connection & router can stay with the property). Equipped with fire extinguishers, fire alarms, smoke alarms, fire exit ladder, has fire permit and occupancy permit. Clean paperwork.
Make:concrete walls with color roof and GI railings & grills.New 60 x 60 cm tiles, new ceiling work & lights, new paint this June 2013. Toilets are HCG powerflush. Grills on all windows and exterior panel doors for added security (can be removed if opted).The bar is operational and fully furnished (28-seater mahogany wood bar chairs, 18 cubic feet and 7 cubic feet chest type freezers, 7 LCD TVs, 4 fans, Osterizer blender, Charbroil grill, pizza oven, gas oven, china & glassware, pans, knives, most decors, Yamaha mini bike, etc, etc) will stay with the property. It has a kitchen, small staff room, rat proof storage room, and a bathroom. The bar has a generator set bought brand new this January 2013. I can email the complete list of kitchen equipment included in this sale.High concrete walls (15 to 18 ft) on the sides and back of the property. Spacious parking inside and outside the property. Everything is paved. The property looks huge from the road.Water, electricity, internet (upgraded), cable (upgraded) are all connected.This property is never flooded.
Year Built:House was built in 2011 and completed in 2012. The bar was completed December 2012.
Reason for Selling:American owner moving to another tourist destination in the US.
Neighborhood:
Right along Diniwid Road
30 seconds walk from the beachhotels, resorts, restaurants, souvenir shops, activity booking centers, home and villas for rent, and convenience store are seconds walk away from the property
5 minutes walk to the amazing Station 1, White Beach (to the left of Diniwid Beach)
5 minutes walk to the very quiet Balinghai Beach (to the right of Diniwid Beach)
10 mins drive from grade schools and high schools of Boracay
10 mins drive from party places in town
Selling Price:$249,000 or roughly Php 10,500,000.00 or the equivalent in current conversion
Cash buyers prefer.
Latest Appraised Value Result as of August 2013 is Php 11,573,415.00
You're saving around Php 1,500,000.00 plus free bar equipments, bar website and bar & food recipes.
A very Rare Great Deal!
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representations concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified.
