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Location:

This 15-bungalows resort in the central part of Boracay, near boat station 1, spread out on 1,255 square meters is now for sale. The resort named Frendz is fully operational and also fully equipped. Frdendz resort is located between the White Beach and Boracays main road, each accessible through secured right of wyas within 5 minutes walking distance.

FACTS & FEATURES: The 15 bungalows in native style, each with its own spacious verandah, are composed of 11 private rooms with hot water, Cable TV, 4 large two-storey bungalows good for 6 guests and private bath and 5 hostel dormitory rooms, which can accommodate up to 30 people. In the middle of the resort is a large cabana, sorrounded by garden, which hosts the restaurant and a large kitchen.

Price: EURO 295,000 (click here for Currency Converter)

Price is subject for confirmation

DETAILS: Total Selling Price is EURO 295,000 (click here for Currency Converter), including the lease option to extend for another 10 years starting 2016 the expiration of the original lease. The price includes the one year paid rent of the following year after the purchase.

Sale includes:

• Full ownership of all buildings and structures.
• All booking systems and agent agreements.
• 1 office/ storeroom. Large equipment room storage and generator.
• Water and Sewer connections./
• Cable TV/DSL internet and WIFI
• All Inventory as 11 TV’s, linens, 18 standing fans, 3 aircon units. Most less than 12 months old
• 1 security safe,
• 1 PC and printer and as well office furniture.
• 2 large refrigerators
• 1 big Freezer
• 1 gas oven, 1 gas cooktop, microwave oven, toaster ovens, pots pans and a fully functional kitchen.
• Bar, table chairs, central TV, Pool table, Stereo etc.
• Emergency lights
• 10KVA generator, + 5kva backup generator, water pumps
• Complete fire fighting set with pump and all fittings and hoses.