Estate With Commercial Building And Multiple Land Plots For Sale On Siargao Island

Description

Estate With Commercial Building and Multiple land plots For Sale on Siargao Island Philippines

Esales Property ID: es5554613

Property Location

Siargao, Purok 2 San Isidro, Del Carmen, Surigao del Norte, Philippines

Property Details

An Exceptional Investment Opportunity: Estate with Commercial Building and Multiple Land Plots on Siargao Island, Philippines

This offering presents a unique opportunity to acquire a substantial real estate holding in one of the Philippines’ most sought-after destinations: Siargao Island. Renowned globally for its world-class surfing, pristine beaches, and laid-back tropical atmosphere, Siargao has experienced a surge in tourism and development, making it an increasingly attractive location for investment. This estate comprises a well-established commercial building, currently operating as a restaurant and homestay, along with significant land holdings, including a sizable rice field plot with future development potential.

The Commercial Property: A Thriving Business Venture

At the heart of this offering is a two-story commercial building strategically located in San Isidro, Surigao del Norte. This structure currently houses a successful business, 'Aidas Restaurant,' and a fully operational homestay.

* Strategic Location: The property enjoys a prime location along the main road in San Isidro, ensuring high visibility and accessibility. Its position opposite a primary school and its proximity to local council offices (just two minutes away) further enhances its appeal and convenience. This central location is ideal for attracting both local patronage and the influx of tourists visiting Siargao.
* Established Business: The ground floor features a fully equipped and operational restaurant. This turnkey business opportunity allows a new owner to seamlessly continue operations and capitalize on the existing customer base and established reputation. The restaurant is well-suited to cater to the diverse culinary needs of both tourists and locals, offering a range of dining experiences.
* Homestay Accommodation: The upper level of the building houses a fully furnished homestay with four ensuite rooms. Each room is designed to provide comfortable and private accommodation for guests. The homestay component of the property complements the restaurant business, offering a convenient and attractive option for visitors seeking accommodation in the area. This combination of dining and lodging creates a synergistic business model with the potential for high returns.
* Building Features: The two-story building is constructed to modern standards, ensuring durability and functionality. The design maximizes space utilization and provides a welcoming ambiance for both diners and homestay guests. The property is equipped with essential amenities, including electricity, water supply, and sanitation facilities.

The Land Holdings: Expansion and Development Potential

In addition to the commercial building, this offering includes a significant land holding:

* Rice Land Plot: A substantial rice land plot, measuring 16,917 square meters, is located in Macapagal, San Isidro. This land presents a unique investment opportunity with significant future development potential.
* Strategic Location: The rice land is strategically positioned opposite the proposed International Airport, a major infrastructure development that will further enhance Siargao’s accessibility and attractiveness as a tourist destination. The land’s location on the main road and its proximity to the airport (15 minutes) and local beaches (10 minutes) adds to its development potential.
* Development Potential: While currently used for rice cultivation, this land holding offers exciting possibilities for future development. Its size, location, and proximity to key infrastructure and tourist attractions make it ideal for a variety of projects, such as:
* Hotel or Resort Development: The land’s proximity to the proposed airport and beaches makes it highly suitable for a hotel or resort complex to cater to the increasing number of tourists visiting Siargao.
* Residential Development: The land could be developed into a residential subdivision or housing estate to meet the growing demand for accommodation on the island.
* Commercial Development: The strategic location along the main road and near the airport makes it ideal for commercial development, such as a shopping center, retail complex, or business park.

Siargao Island: A Paradise of Opportunity

Siargao Island, located in the province of Surigao del Norte, has emerged as a premier tourist destination in the Philippines. Its allure stems from its:

* World-Class Surfing: Siargao is globally recognized as the 'Surfing Capital of the Philippines,' attracting surfers from around the world. The island boasts legendary surf breaks, most notably 'Cloud Nine,' a reef break re