Busuanga Luxury Resort

Coron Town Resort in Palawan, on 1.6 hectars, offers 52 rooms, 2 hectares of water lease, and prime yacht docking potential on Billionaire’s Street—ideal for luxury resort investment.

Price

Total Price: PHP 500,000,000
Price per sqm: PHP 30,675

Specifications

Type of Ownership: Permanent Ownership
Ownership Documents: Tax Declaration
Lot Area in sqm: 16,300
Built Year: 2012
Number of Bedrooms: 45
Number of Bathrooms: 50

Features

Water Connected
Road Access
Electricity Connected
Phone Signal

Private Amenities

Boat Deck
Equipped kitchen
Gym
Jacuzzi / bath Tub
Pool
Spa

Description

This beautiful resort, established in 2012, is a charming, traditionally designed property located in Coron Town, Busuanga, Palawan. The resort is situated on the prestigious "Billionaire's Street," an area renowned for its upscale establishments owned by some of the Philippines' most successful resorts and affluent individuals, with plans for luxury developments and infrastructure in the near future.

Property Overview:

  • Land Holdings:
    • Main Resort Area: 8,300 square meters encompassing the existing resort facilities.
    • Adjacent Lot: An additional 8,000 square meters located across the street, ideal for expansion or complementary developments.
    • Water Lease: 2 hectares of water rights directly in front of the property, offering significant potential for yacht docking and the construction of a waterfront restaurant.
  • Ownership: The property is held under a tax declaration by a corporate entity, ensuring a streamlined transfer process.

Resort Details:

  • Accommodations: Originally featuring 22 rooms, the resort underwent expansion and increased its capacity to 52 rooms, with Phase 3 (comprising 28 rooms) currently at 80% completion.
  • Amenities: The resort boasts mostly brand-new facilities, including:
    • Modern kitchens
    • Updated laundry facilities
    • State-of-the-art air conditioning systems
    • Contemporary furnishings
    • A swimming pool
    • Beautifully landscaped gardens with gazebos

 

Strategic Location:

The resort's prime location offers proximity to several key developments:

  • Bacau Bay Resort: Situated in the same bay and currently developing a marina, enhancing the area's appeal to boating enthusiasts.
  • Jolo Harbor: Provides comprehensive boat services, adding to the convenience for maritime activities.
  • Funny Lion : These neighboring establishments contribute to the area's growing reputation as a hub for luxury tourism and yachting.

 

Investment Potential:

This resort presents a unique opportunity for investors aiming to establish a premier base for yacht charters and luxury resort development in Busuanga. The combination of substantial land and water assets, partially completed expansion projects, and its location amidst upcoming high-end developments positions this property as a compelling investment.

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