For Sale: 16 Rooms Apartment Buildings in Bolabog, Boracay – Ideal for Investment & Development

00ABAA
Reference
₱65,000,000
Price PHP
498 m²
Built (total)
1,181 m²
Lot/Plot
16 + 0
Baths
16
Terraces
Pending
Energy
Pending
Emissions

Apartment building for sale in Balabag, Boracay Island, Aklan, Philippines

This apartment complex is a prime real estate investment opportunity situated in the bustling area of Bolabog, Balabag, Boracay Island. With a total land area of 1,181 sqm as per tax declaration (969 sqm in A&D), the property boasts four completed buildings and two unfinished structures, ideal for expanding rental capacity or a future development project. The property is strategically located along the main road, providing easy access to key attractions, and making it highly attractive for tenants and potential investors.

Key Features:

• Total Land Area:

o 1,181 sqm (as per tax declaration)

o 969 sqm (as per A&D)

• Built-Up Area: 497.6 sqm

• Buildings:

o 4 Completed Buildings: 16 rooms in total, each ranging between 16-20 sqm and equipped with private comfort rooms.

o 2 Unfinished Buildings: Designed for 8 additional rooms, each two-story building. According to your investment plans, these unfinished units offer room for growth and development.

• Size of Each Building: Approximately 124 sqm per building.

Location Highlights:

• Proximity to Key Areas:

o D'Mall and White Beach: 3-5 minutes walking distance, making the property highly accessible to the island’s main shopping and dining hub.

o Bolabog Beach: Just a 3-minute walk away. This beach is renowned for water sports activities such as kiteboarding and windsurfing.

o Laketown and Club Galaxy: A 3-5 minute walk provides access to Boracay’s lively nightlife, ensuring a steady stream of tenants looking for a convenient location near popular hangouts.

Investment Potential:

This apartment complex offers a versatile investment opportunity, whether as a rental business or a residential development project. With its strategic location and proximity to commercial and recreational areas, this property is poised to provide a high return on investment. The unfinished buildings present an additional potential for expansion and customization based on market demand.

Don’t miss out on this unique chance to own a property in one of the most sought-after locations on Boracay Island.

Location of property 00ABAA