Small Hotel Business For Sale - Crown Malapascua Hilltop, Malapascua Island

Commercial For Sale in Logon, Daanbantayan, Cebu

$2,000,000
Crown Malapascua | A Hilltop Hotel

This sale is for the business and the fixed assets only, not the land and building. Details must be discussed with the owner directly.

Land Size: 1000 SQ M
Building Size: 200 SQ M
Lease Cost: 30,000 per month

The owners returned to Canada during COVID, and are no longer returning. Over 10 million was spent on the building and furnishings at the end of 2019 and early 2020, and as they finished the resort COVID had shut down tourism.

This is a turnkey opportunity. Website, social media, and trip advisor and google reviews are up. The land owner is very reasonable and is open to extend the lease contract. We can renew the lease as part of the purchase agreement. 

Highlights:
*SEC Registered corporation
* Whether you are a sunrise or sunset person, you would have views of both on all the rooms as the building sits on top of the Malapascua hills.
* 4 room are upstairs; while reception, restaurant, dining and bar area are downstairs which also has ocean views.
* Resort is on the main road which runs from the port area, so it's easy to find.
* Owners want to sell quick as they already left the island, but the resort is still being managed by their staff.
* Branding package and design materials are packaged in the sale so buyer can have a turn-key business operation and just step right in.
* Website is up, social sites are up, and reviews are posted at Tripadvisor, Google, and Facebook.
* Almost everything inside the building is also included in the sale.

Inspired by the surrounding landscape, Crown Malapascua was designed to make your visit a unique, comfortable and fun experience. The hotel sits on top of the highest point in the southern part of the island, as if it were a crown on top of the hill. The hotel was finished in 2020, just as COVID-19 was shutting down tourism, so it is still brand new! Our rooms are spacious and modern, our rates are competitive, and the view is unparalleled!

The Crown Malapascua team knows that travelling can be exhausting, and thus will do their best to make your stay easy and satisfying. Take a look at their site www.crownmalapascua.com 
to find out more about their rooms, activities, and get in touch if there’s anything else we can help you with. We look forward to welcoming you soon!

Please contact us directly at Haller International Realty for more information on this listing and for a free consultation.
Address Small Hotel Business For Sale - Crown Malapascua Hilltop, Malapascua Island
List Price $2,000,000
Type of Dwelling Commercial
Area Cebu
Sub-Area Logon, Daanbantayan
Lot Size 1000 Sq M.
Year Built 2020
Maint. Fee $30,000.00
MLS® Number SELL23122801
Listing Brokerage Haller International Realty
Postal Code 6013
Tax Year 2024
Pets Yes
Ownership Type Leasehold
Website www.crownmalapascua.com/

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Haller International Realty

A Division of H.H. RESCO

Salinas Drive, Cebu Exchange Tower, Lahug Cebu City Cebu 6000

Mobile: +63 917-106-8136

contact@hhresco.com