Private Sunset Highland Beach Cove

Property Description

DETAILS

EN04-019-1051 – 50,199 m² / 12.40 Acres – GPS: 11.0350, 119.3320 – Bebeladan, El Nido, Palawan – ₱500/m² / ₱25,000,000 / $427,200

PROPERTY VALUE

This seafront cove overlooking views is in a beautiful location at the municipal border of Taytay and El Nido. This is a promising location with several established resorts already functioning servicing tourists seeking reconnection with nature and tropical splendor in this wonderous area of El Nido, Palawan.  The Market Value for this beachfront is over ₱30 million based on sales in the area. We offer this beach property for a graduated ground lease under the current market value.

LEASE OPTIONS

We offer a 10-year fixed graduated ground lease starting rental fee effective for two (2) years of ₱85,000.00/month on this property. A simple 10% increase in rent annually will be implemented starting in the 3rd year. This means that the rental fee starting at ₱85,000/month for the first two (2) years will increase to ₱93,500.00/monthly in year 3, months 25 – 36. This 10% simple incremental rental fee shall take effect only starting on the first month of the 3rd year and increase every 12 months of the lease till the end of 120 months.

PURCHASE OPTIONS

At the maturity of the 10-year lease period you may select to negotiate a renewal 10-year ground lease agreement or outright purchase-to-own the property.

OVERVIEW

This sloping highland beach cove sunset-facing property has an ocean frontage length of 273.88 meters. The property is surrounded by several resorts with amazing views and great diving sites moments away. Also nearby is Guntao Island, Intalula Island, Miniloc Island, Matinloc Island, Pangulasian Island and other EL Nido Islands in the center of tourist destinations. The property is flat to hilly, it has unique surroundings where you can experience a peaceful, calm, and fresh environment perfect for relaxation. A portion of this property has a good beach and rock formation on the right side facing the beach. Fresh and healthy seafood are abundant, and the road access is 3 minutes away from the property by boat.

COMMUTE

• Manila to El Nido: 90 min
• Airport: 51 min 28 km
• Hospital: 35 min, 27 km
• Shopping: 57 min, 32 km
• Roads: All-purpose/concrete

EASEMENTS

• Road: Accessible
• Power: Municipal
• Water: Deep well
• Data: Cellular/Internet

USAGE

• Resort
• Camp Site
• Vacation Villas

NEARBY

• Linalawan Beach House – 5 mins
• Pangulatan Beach Resort – 10 mins
• Natua’s Beach Resort – 10 mins
• Terra Nova – 10 mins

Prices May Change Without Prior Notice