Hot Topics:

Your Neighbors are some of the Island top resorts. Alona Palm, Amorita resort, and Alona Tropical are within 3 minutes walking distance.

If you are looking for an alternative to Boracay, then Panglao Island is it! The beaches, the sand and the fun and sun are as good as Boracay; More and more people know about Boracay because it is heavily more publicized however Panglao Island is slowly getting there, travelers far and wide are putting the word out that Panglao

Click to Enlarge

panglaoisland.net

Return to Property for Sale

  Banana Land Resort for Lease
LOCATION Panglao, Tawala. From the main Tawala road going to Alona Beach take the left turn to Alana Palm (Ester. A Lim Drive) Follow the approx 500meters and turn left at the sign to Banana Land.
LOT AREA Total Area Approx, 12,000 square meter.
PROP. TYPE Resort
Lease 10 years, option to renew 5 years.
Lease Details No rent would be paid for the first Six Months
Rent reviews Rent would be reviewed at the end of third year and every two years Thereafter. Rent reviews would not exceed 10%.
Ingoing 500,000. Peso down payment for lease. Rent 10 peso per square meter. (Per calendar month) The Tenant will be responsible for the cost of all new buildings and repairs.
Landlord The owner may be prepared to Sub divide the property into smaller lots.  
  Total Area Approx, 12,000 square meter. The Area has wealth of trees and plant life with a lush almost tropical rain forest like feel. At present the resort buildings are a little run down. However with a little imagination it could easily be transformed into a tropical paradise.  

Banana land is located in the Barangay of Tawala approx 5 min walk from the world famous Alona Beach. The area already hosts many off the Islands top resorts. This is a great opportunity to build and develop the resort into something special.  

 
 

Contact
alzipfel2004@yahoo.de

Site plan

 

Kilroy Was Here © 2006