Lot area: 276 sqm more or less (303 sqm on final lot survey or 3262 sq ft)
Zoning: Commercial/ residential; about 98% of lots in Boracay is on tax declaration. Land taxes paid for until 2014.
Living area: ~ 350 sqm more or less (2 storey house= approx. 180 sqm or 1937 sq ft; bar area= approx. 170 sqm or 1830 sq ft)
Parking Space: Yes (inside the property and along the road)
What s Nearby: photos of the neighborhood of this Boracay Property For Sale here.
Asking Price: 249,000 USD (Negotiable)

Description:

Residential/ Commercial property located right along the growing commercial area of Diniwid Road. Ideal for a mini-hotel with bar & restaurant.

One of the biggest qualms of home-owners here in Boracay is that they have to take 200 steps up the hill to get home. This is fun for the first 2 weeks of living here, but it can eventually get old.

Our property is right along the side of the paved Diniwid Road. It is about 30 seconds walk to the more quiet and cleaner Diniwid Beach (view video of Diniwid Beach). Station 1 White Beach is also about 50 meters away along Diniwid hill, and D Mall (the town center) is about 10 mins drive away.

The Business:

This American Sports Bar is operational. It has a 28-seater mahogany wood bar with7 LCD/ LED TVs, LED projector, industrial fans, Yamaha mini-road racing bike, etc. It also has a tiled bathroom (with HCG powerflush toilet, sink, HCG male urinal, etc), staff room, rat-proof storage room, and fully furnished kitchen (with charbroil grill, pizza oven, 18 cubic feet and 7 cubic feet Whirlpool freezers, big coolers, blender, gas oven, burners, etc, etc).

Glassware, silverware, chinaware are also included. Click here for the complete list of kitchen equipment included in the sale of this Boracaybusiness.

PLUS: recipes including Neapolitan style pizza, ever-famous Thai food, and the popular buffalo wings! The websites for the bar are also included on the sale.

The bar s foundation and massive poles are built to hold a 3-storey building (ideal for a mini-hotel).

Great investment opportunity: Boracay House and Lot For Sale