13,915 Sqm Hotel/resort For Sale In Cordoba
For Sale ₱550,000,000

13,915 Sqm Hotel/resort For Sale In Cordoba

CORDOBA, Cordoba, Cebu Object ID: P90111
Listed on Apr. 02, 2019
Views: 3401

Type: Hotel/Resort

Price / SQM: ₱ inf

Lot Area: 13,915 sqm

Details

This property has 13,915sqm of titled land and 6,744sqm of tax declaration land.
It is established on year 2003 and still operating until today. It is only a short ride to the airport and recently rated as the best garden resort as per industry professionals and returning guests.
This is located in Cordova, Mactan Cebu featuring two outdoor swimming pools and a spa pool.
The resort has a game room with pool table, darts, a tour desk and meeting facilities.
The resort has an in-house poolside restaurant that serves a wide selection of dishes from local to international cuisines. Most of the ingredients are supplied by the resort’s own organic farm garden.
With a variety of diversified business, the resort serves:
• Conference-Convention Center (MICE- government and corporate functions)
• Feeding Large Corporation employees
• a thriving foreign tourist business.
Unrelated business makes for more steady profits
Guest Capacities
o Sleep capacity of 350 people when dormitories are included.
o 11 indoor function rooms largest seating 800
o and 4 outdoor function areas
o Currently running up to 12 functions on a single day
o 3 homes on the property
o 37 creatively designed guest rooms
o 4 Family rooms (larger than guest rooms)
o 10 bungalows
o 10 dormitories (300 group sleeping – double beds mostly)
o 1 Restaurant kitchen and 1 corporate kitchen *can feed up to 6000have fed up to 7000 per night
o 24 hour front desk, restaurant open 7 nights a week
o Outdoor amphitheater and stage area with capacity of well over 1000
o Total events capacity of 2500
Facility size
Buildings- 5057 Sq. Meters -54,433 Sq. Feet
Land - 20,000 sq. meters
Guest rooms are: 36 sq. ft., 29.5 sq. ft., and 20.5 sq. ft.
Largest dormitory is: 20 meters by 20 meters
Largest function room is: 20 meters by 20 meters

Restaurant is 15sqm
Main swimming pools measure 20 by 9 meters
Amphi-theater swimming pool measure 17 by 7 meters

Amenities
o Sturdy 20 foot concrete wall surrounds Alta Cebu
o Boat dock for small vessels Alta Cebu
o Poolside Restaurant and Jungle Bar
o Native style architecture with tropical village feel
o CCTV covering entire resort and inside key areas
o Bounce House activity for family and kids
o 5 acres of Fully Landscaped gardens (once dubbed “best gardens in Cebu” by industry professional)

Price: Php 550,000,000.00. Buyer can chose to purchase only the titled properties ( 12,611 sqm. plus business, brand name and all facilities and contents) for 235 million pesos + use of vacant land for parking
Location: Cordova, Cebu

Features

Parking Spaces: 1

Map

Price History

DATE PRICE PRICE / SQM
Jun. 02, 2023 ₱ 550,000,000 ₱ 39,526
Apr. 02, 2019 ₱ 290,000,000 ₱ 20,841

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Downpayment: 20.00%
6.00%
Term / Period: 25 years

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