FOR SALE: 1,520 sqm Resort in Siargao - Fully operational business - restaurant/reception - 3 uniquely architectured modern Kubo(Villas) - 2 budget rooms - 2 outdoor toilets and 1 shower - 1 staff house with 2 rooms, a small kitchen, and a separate outdoor sink - 1 storage hut - water cistern, pressure tank, centralized heater, and elevated tank system LOT AREA: 1,520 m2 - clean title - more space for improvement - quiet prime location PRICE: Php 50M Potential earnings from the Accomodation per month: Group Villa: Average of 6000 per day x 30days= 180,000 King Villa: 5500 for 2pax (usually with additional pax) x 30days = 165,000 Queen Villa: 4500 x 30days = 135,000 (this villa is almost always occupied) Attic room: 2800 x 30days = 84,000 Budget room: 2500 x 30days = 75,000 Total potential earnings from accommodation only = 639,000++ for full occupancy per month. Just say the average occupancy is 60%, other higher other months are off-peak. Other sources of commission and Income Airport Transfer commission: 10,000 Motorbike commission: 10,000 Tours: 100,000 Tour commission: 50,000 Restaurant: xxx xxx (please develop it as a destination restaurant😊) You have provision to use some almost 800sqm extra space for the events and/or build new buildings. Listing Broker: Elisa Benitez