PRICED AT OWNER'S PRICE. NO MARK-UP. PRICE VERY NEGOTIABLE. MUST SELL PROPERTY.

Location:Airport Road, Cogon District, Tagbilaran City, Bohol
(fronting Cogon Shrine-Simbahan Lingin)
(50 meters away from Tagbilaran City Airport, 300 meters away from
Tagbilaran City Wharf and 550 meters away from Tagbilaran City Center)

Total Land Area: 2,074 SQM
Fully Developed Area with Existing Structures: 1,400 SQM
Raw Area for Future Developments: 674 SQM

Existing Structures: Three Newly-Constructed (1.5 Years) Buildings, Jacuzzi-Swimming Pool, Landscaped Gardens and Hallways, Parking Spaces

Building 1 Floor Area/Type: Concrete Two-Storey Building with 1,150 SQM Total Floor Area; 16 Rentable Spaces, Lobbies and Hallways, Toilets and Comfort Rooms;

Building 2 Floor Area/Type: Concrete Two-Storey Building with Rooftop and Basement 500 SQM Total Floor Area; Le Spa Massage and Le Spa Gym Building, Basement Used for Staff House

Building 3 Floor Area/Type: Clubhouse Open Air Beside Pool/Jacuzzi 100 SQM Total Floor Area, Currently Used as Restaurant with Kitchen;

Jacuzzi and Swimming Pool: 120 SQM Total Floor Area with Control/Filter Room, Shower/Changing Rooms, and Toilet and Comfort Room; Construction Cost: P2 Million

Parking Spaces: Can Accommodate 14 Vehicles at the Same Time; Extra Parking Spaces Available Outside the Cogon Shrine (With Existing MOA for Use of the Church's Parking Spaces)

Raw Area: The Raw Area was Planned to be Utilized for a Two-Storey Pension House with Basement Parking

Existing Tenants: The Building has Existing Tenants Earning More than P100,000/Month, More than P1,000,000/Year

Business Rights: Included in the Sale are the Business Rights to The Courtyard Real Estate Developer and All Tenants and Earnings of Monthly Rentals; Le Spa Massage-a profitable spa and massage center and the first of its kind in Bohol; and Le Spa Gym and Fitness Center-a profitable fitness center

The Courtyard Real Estate Developer: Inclusions: All Equipments, Fixtures and Machineries Contained within the Building Such as Furniture, Signage, Electrical Fittings and Lightings

Le Spa Massage: Inclusion: Trade Name and Secrets, Furniture, Sauna and Steam Bath (purchased at P150,000), indoor Jacuzzi (purchased at P30,000), 4 Massage Rooms and 3 Spa Spaces; Non-Inclusion: Aircon Units

Le Spa Gym: Inclusion: Trade Name and Secrets, All Gym Equipments (purchased at P300,000); Non-Inclusion: Aircon Units

Financing Option: An affiliated bank is willing to help in full or partial financing of the purchase of the whole property and business. The owners will facilitate in the set-up of the financing if required.

Reason for Sale: Owners Leaving for the USA