FOR SALE MALINAO BEACH HOUSE AND LOT (23YR LEASE)
Malinao Beach is located in the village of Malinao, Siargao. It is approximately a 10 min drive from the Cloud Nine Surf spot, Philippines. It has its own beautiful white sandy beach front and is nestled amongst palm trees. It sontes throw from the famous and exclusive resort Dedon Island featured in mainstream media such as the NYtimes. It is a three bedroom property with balconies over looking the beach. From the balcony steps to the high tide mark it is 25m – in between is a lush tropical garden. On the backside of the property there is good main road access – the road is currently being developed into a cement road which will speed up driving times. The property has a desert island feel to it, a very quiet and tranquil area. The land size is 1,226sqm.
The property comes with a lease hold title until the 9th of august 2036, at the end of which a further 50 year lease is optional. A great investment opportunity or ideal paradise family home.
Foreign ownership – foreigners are legally allowed to lease land and property in the Philippines. The lease is held by a foreigner (English) at present.
Asking price 4 million pesos.
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