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New Boutique Beach Hotel And Casino Palace, Cebu For Sale

Alcoy, Cebu
Asking Price:
$1,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Stunning Waterfront Palace Italian Style. Ballroom/Casino - Lift - Restaurant - Pool - Staff House.

- Stunning Boutique Hotel Italian Style
- 2900 sqm Floor Area - 3400 sqm Beachlot
- 36 Rooms in different Apartments and Studios.
- 30 Min. away of Whaleshark Watching
- Many Popular Dive Spots in the nearby Shoreline
- Permission to establish a Casino in the 4th floor possible
- Extendable at 54 Rooms
- Finalisation in a few Months
- Bank Financing Options
- Appraisal available
- Permission for a Pier and Wharf Construction
- Alcoy - 92 km South of Cebu City
- Entertainment and Excursions
- Price 75 M Peso - Ready for Opening
- Different Cost Variations of Furnishing and Design Negotiable
- Private Owner

This extraordinary Property is one of the very rare opportunities to start a great bsns on the booming island of Cebu. It combines the unique leisure pursuit of boat riding to nearby dream islands, snorkelling or diving and many more holiday enjoyment with the amusements of casino gaming. An exciting visit to the world famous whale shark watching or a day trip to Bohol from the own pier/wharf is the most comfortable leisure experience in the south of Cebu! And of course this Hotel will as well attract tourists from Bohol. And from the new International Airport in Panglao/Bohol (soon to open) your guests need only about 40 min. of relaxing boat ride to this Hotel. It was built by an European professional in the highest European standards. And its surely a distinctive place for travellers and holiday makers to enjoy unforgettable days.

Please see the attached WTTR (World Travel Trends Report) which confirms, that the Philippines is the worldwide the most growing tourism destination country. Experts estimate e.g. 100 million tourists yearly up to 2020. As this Resort is most likely the first and only High End Hotel in Cebu, which is completely barrier-free, it is also perfect suitable for senior travellers.

Actual Information:
Regarding of 2 maps from the UN (OCHA) and the GfK, Munich, which show the regional risks for the Philippines, as to Earthquake, Tsunami, Volcanic eruptions and Taifuns, it is confirmed, what people here in this area are saying: The south of Cebu Island is mostly not or not so much affected by Natural Hazards.
Get more information and pics by email.

Further information available upon request, please contact seller below for more details.

Property information

Real Estate:

Real Property Included

Location:

Alcoy is a fast growing tourism and retirement place, with restaurants, diving schools, resorts and many foreign expats who are residents here since many years. A dive center might be installed as well as all kind of watersports. Qualified candidates can get the permit for a gambling casino in the 4th floor. The shipping traffic shall include short ferry connections to Bohol and other islands. With the soon to open new International Airport in Panglao/Bohol, arriving guests have a comfortable boatride of about 40 min. About 2 hours drive (approx. 90 km) to Cebu City, the 2nd biggest Metropolis of the Philippines, with international airport, ports with many ferries, malls, nightlife centres, hospitals, authorities, consulates and so on. Strategically ideally for boat excursions to the famous dream islands Balicasag and Cabilao or to
Alona Beach on Bohol. In addition there are offers for accompanied land excursions by van, scooter and bike rental. Numerous events, parties and Fiestas. Weekly shows, parties in the own restaurant.

Within sight directly before the beach of this Resort is a marvellous coral reef, known with divers and snorklers, in addition swimming in 26 °C warm, crystal clear water, diving courses. Only a few boat or car minutes distance from Oslob, to the famous waleshark watching.

Premises Details:

Directly at the beach with breathtaking ocean view.

Business Operation

Expansion Potential:

For the prognosis that Alcoy will look differently in 5 years as today, no clairvoyant capacities are
needed. Since a few years the number of tourists and the number of overnight stays in the resorts of Alcoy got multiplied every year. Family vacationers, holiday groups, diving or watersport vacationers or honeymoon couples.
Moreover there are restaurants with international kitchens and simple resorts, mostly under foreign directions, diving schools etc. But also the community o Alcoy
developed ambitious tourism plans, which plan the erection of additional diving
schools, restaurants and tourist attractions for the next years. Gaisano Malls started already to build a new Mall in Dalaguete (8 km distance) including a big modern supermarket. Soon to open: A huge waterfront promenade in Dalaguete.

Reasons for selling:

Owner has to relocate.

Other Information

Support & training:

If required, there is a qualified operator team.

Contact Seller

Contact Information

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