Boracay House and Lot with Bar Restaurant for SALE Good investment

10,500,000

Big House and Lot with Bar/Restaurant in Boracay

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.

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.


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.

Neighborhood:
right along Diniwid Road
30 seconds walk from the beach
hotels, 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: P10.5M (negotiable). Cash buyers only