This property is FSBO | All Reasonable Offers Will Be Considered | Financing Options Available | Open to Joint Venture Opportunities | Inquire Through This Advertiser!
DETAILS
PP22-044-0107 | Titled | 19,757 m2 / 4.88 Acres | GPS - 9.6582, 118.7301 | Luzviminda, Puerto Princesa City, Palawan | ₱2,500/m2 / ₱49,392,500 / $887,364
RESERVATION FEE
A $10,000 non-refundable reservation fee secures this property. The reservation fee will be counted toward the purchase price and down payment.
PROPERTY VALUE
The market value of this seafront estate is ₱49,392,500 based on recent property sales in the area. This is a suggested selling price. We consider any reasonable purchase offer.
PURCHASE OPTIONS
1. Cash Price: ₱49,392,500 is the suggested selling price. We will consider any reasonable offer within 24 hours. This property could be yours by simply messaging your offer through this advertiser
2. Lender financing: ₱12,348,125 down and ₱375,728 for 180 months. No Pre-Payment Penalties. Ask for more financing options. We can make nearly everything possible for you.
3. Joint Venture: We are seeking experienced planners/developers who can present a profitable project proposal with available funding to structure a joint venture partnership for this land.
OVERVIEW
This property spans a total of 19,757 square meters and is perfectly suited for a private guest house or resort, offering stunning views of Turtle Bay and facing Kamia Bay Resort. The land is clean-titled with a flat terrain, situated in Barangay Luzviminda, Puerto Princesa City, Palawan. Just 230 meters away lies Puting Buhangin Beach/Matahum Beach Resort, a well-known tourist destination in the city.
Conveniently located, the property is only 5 to 10 minutes from a small market, convenience stores, a gasoline station, the barangay hall, and both elementary and high schools. To the east and south, a thriving mangrove ecosystem serves as a sanctuary for various marine and terrestrial species, including fish, shells, sea crabs, and land crabs. This property holds great potential for developing residential vacation homes or a camping site resort, making it an excellent investment opportunity.
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