Property Description

Location: Sandingan Island, Loon, Bohol, Philippines Area: 4,324sqm Price: 38,000,000.00 RESTAURANT & DIVESHOP ON THE OCEAN EIGHT LUXURY BOUTIQUE ROOMS DEEP SWIMMING POOL GUESTHOUSE AND KIDS CLUB LARGE (3) BEDROOM FAMILY HOUSE INCOME GENERATING RESORT The resort has been in operation since December 2016 and has good ratings on Tripadvisor (5 stars) and booking.com 9.1 and google 4.8 It's just 15 minutes from Cabilao island which offers amazing scuba diving, free diving and snorkeling. Sandingan offers some beaches and beautiful mangrove forests for kayaking etc. Currently operating under the name of Sandingan Island Resort, Rooms & Restaurant. Four cottages: Each cottage with two individual rooms classified as commercial. Each room is 44 sq./m. including outdoor veranda and inside garden. Each room is uniquely decorated and fitted with a Panasonic split type air-conditioning unit and luxurious bathroom. Family House: 150 sq./m. Family House, furnished with 3 bedrooms, window type aircon in every bedroom and 3HP Panasonic split type inverter aircon in main living area. Covered outdoor seating area at the back of the house of 50 sq./m. Restaurant: Two level building, ground floor and basement classified as commercial. The upper ground level serves as the restaurant with a maximum indoor dining capacity of 24 guests, 10 tables of 4 seats. An office space, 2 spacious washrooms/toilets, a stock room, a large kitchen and outside dining/lounging area on the front and side of the restaurant. Total Area of the Restaurant and the Basement Floor, 450 sq./m. Pool: Kidney shaped pool approximately 15 x 8 meters classified as commercial, organically shaped with a 2 feet deep shallow end with barrier and a deep end of 10 feet / 3 meter for scuba dive training. 250 cubic meter water capacity with a wide edge of exposed aggregate and pump house covering a total area of 400 sq./m. Kids Club and Massage Room: One building divided into two sections classified as commercial that serves as Kids Club and Massage Room measuring a total of 70 sq./m. Inside there are 3 Toilets and one storage room for linens. Guest House: This 48 sq./m. guest House classified as residential was built by the previous owner of the property. It's fully furnished with a warm shower, bed, ceiling fans and refrigerator. Sometimes it's used by guides of dive safari's or the resort manager during the high season when working long days. Power House: Concrete building of 25 sq./m. with underground water storage of 100 cubic meters, classified as commercial. 40 meters from the 50 kW privately owned transformer. It has central breakers for all buildings of the resort with an outside back-up generator unit. CGT will be shouldered by the SELLER. DST, Transfer Taxes, and Other Taxes related to the sale will be shouldered by the BUYER.