Description
Charming Centrally Located 6 Bedroom Villa For Sale in Boracay Walking Distance to White Beach
A beautiful Villa built by a European family and by a European contractor to international standards. Subdivided into 3 independent units, very easily rented out to tourists (long term rentals and daily rentals on Airbnb.com). Approximate potential Return on Investment: 9% (this is for long term rentals only, could be more if entirely managed as a daily rental on Airbnb).
The 3 independent units in the Villa are as follows:
- A big 3 bedroom apartment on the second and loft floors
- A big 2 bedroom apartment on the ground floor
- A 28 sqm studio in the Garden Cottage.
SPECIFICATIONS:
- 464 sqm lot area and 320 sqm more or less floor area.
- Generator/water pump room includes a 2000 cl tank with pressure pump system to provide pressured water to the house. Generator is not included.
- There are in total seven ( 7) 1hp split-type aircons in the main house and 1 window-type 1hp aircon in the Garden Cottage.
- Laundry area to hang clothes in the garden.
- All units have their independent electrical meter and water sub-meters. It is easy to keep track of each units utility expenses.
- Very high ceilings and lots of windows (lots of light).
- All windows and sliding doors are expensive PVC quality from Manila
- Good quality welded PPR pipes. NO leaks!!!
- TV cable pre-installed in every bedroom. You just need to connect it.
- Quality kitchen cabinets made of marine plywood and solid wood cabinet door.
- APPLIANCES INCLUDED on an “as is where is basis” (oven, water heaters, fridge) as well as BEAUTIFUL FURNITURE made from iron and woven Abaca from Bicol
POINTS OF INTEREST:
- Extremely central location, walking distance to Bolabog Beach and White beach and D’Mall and D’Talipapa wet market. This is the main reason why it is easily rented out.
- Elevated location on top of a hill, with lots of fresh wind during Amihan season and a view over Bolabog side.
- Quiet area, no noisy bars around.
- Empty lots both sides of the property.
- Tropical garden is big enough to accommodate a swimming pool or a second building.
- Own private 2m wide right of way.
- Built with high quality materials (piping and electrical) and which have never failed.
- The price!!! This is much lower than current assessed market price.
- Beautiful workmanship to European standard.
- Residential lot already approved for titling under the Boracay Cadastral Survey with approved delimitations and approved Right of Way.
Selling at only PhP19,000,000.00 inclusive of VAT & Broker's Professional Fees