The Perfect Turnkey Development in the PhilippinesBy Private Islands Magazine • Jul 20th, 2011 • Category: Islands for Sale
Hailed as “the best island destination in East and Southeast Asia” by National Geographic Traveler, as “one of the world’s Top 10 best scuba dive sites” by Forbes Traveler Magazine, and as “the next property hotspot” by Islands Magazine, there is quite a buzz about the Philippines’ Palawan Archipelago.
The archipelago is located in the South China Sea and spans over 300 miles. Palawan consists of 1,780 islands, measures 4,208 acres and offers a coastline that stretches more than 1,250 miles. It is one of the most economically diverse of the Philippines’ four regions, the country’s largest province and is considered the last ecological frontier of the Philippines. Palawan is known for being garbage free, thanks to governmental awareness. The area offers incredible tourism potential, and is well placed to create a market presence on a similar scale to that of Thailand and Vietnam.
Condé Nast Traveler magazine credits Palawan with having the “best beaches overall in Asia”, and Jacques-Yves Cousteau described the archipelago as the most beautiful place he ever explored. Cousteau even made a 1992 documentary called Palawan: The Last Refuge, and the island chain’s Apo Reef Natural Underwater Park is a UNESCO World Heritage and the second biggest contiguous coral reef in the world.
The 47.9 hectare West Nalaut basks in the northern part of the archipelago at the western point of the Calamian Islands, 10 miles off the western coast of Busuanga. Situated out of the Philippine typhoon belt and in a seismic-safe, tsunami-free zone, West Nalaut enjoys a dry and warm season, December through May, and a wet season, July through November. It is just a 40-minute flight from Manila to Busuanga. From there, transfer time to West Nalaut is a picturesque hour by road and sea. From West Nalaut, the mainland is just 20 minutes by boat.
With its two miles of coastline, 260-feet-high cliffs and 0.7-mile-long clean, white sandy beach, West Nalaut is picture perfect. Crystal clear water surrounds the island and there is no need for underwater landscaping. The island features lush tropical rainforest and plants, and sees fewer clouds than Coron and Busuanga. There is a freshwater source on the island and no air or water pollution. West Nalaut is a natural breeding place for turtles and dugongs. A 1000-foot-wide coral reef surrounds the Island, creating a special microclimate that is home to amazing flora and fauna.
There are 12 Japanese World War II wreck dive sites; outstanding deep sea fishing for blue marlin, barracuda, tuna, lobster, shrimp and octopus; and exceptional whale shark, dolphin, dugong, bird, firefly and fruit bat watching opportunities.
Other standout features nearby include Coron’s salt water thermal spa; Twin Lagoons’ thermal spring water; Calauit Game Preserve and Wildlife Sanctuary; the seven mixed-water Kayangan Lakes; Tabon’s underground cave system; and Jet Ski, quad, paraglide, ATV and jeep safari tours in Coron and Busuanga.
All in all, West Nalaut demonstrates the perfect characteristics for a resort development. Manila-based Kanama International Co. Ltd. are offering West Nalaut Island as a turnkey project for a luxury resort development and have secured flexible planning and building permits for a resort featuring 100 stand alone villas, each with 8,600 to 10,800-square-feet of land. Amenities can include infinity pools, spa, shops, restaurants, bars, a dive center, pier, water sports, and staff facilities. All necessary permits and licenses are provided and the project is ready to start immediately. The potential development area is flat, the backdrop is hilly. There is also 3G GSM cellular signal on the island.
West Nalaut’s turnkey situation will save its future operator/developer three years of permit applications and navigating local regulatory and compliance processes. Additionally, it is the only private island in Palawan with clear title suitable for tourism development. Other significant turnkey benefits of this exceptional island include a complete environmental study; initial feasibility study; complete property due diligence information; corporate structuring for foreign investors; Indigenous People Approval, MOU and contract; an initial master plan for construction by a well-known Hollywood art director; local support until the island development project is completed; a world renowned luxury hotel brand management contract, consultation, construction overview, marketing tools, room reservation system, brand design elements and brand recognition advantages; and a professional branded hotel master plan and resort development plan. Other bonuses range from quotes for machinery, green energy, waste management, furniture, construction, and boat, seaplane and golf cart manufacturers to Leadership in Energy and Environmental Design (LEED) Green Building Rating System™ support.
The Philippine Department of Tourism (DOT) has recently signed a supplemental memorandum of agreement (MOA) with the Philippine Economic Zone and Authority (PEZA) on the grant of Special Economic Zone status to tourism development zones or tourism estates, such as the potential development plan for West Nalaut Island. Furthermore, the Philippine government is promoting Busuanga for tourism investment possibilities.
The company has prepared sales projections for development, based on 100-villa usage. Calculations indicate potential profits up to $38,550,000. Other development and investment models are available upon request (such as mixed use private villa/hotel development, or a closed community private villa development without hotel services). One thousand pages of documentation are included in the purchase price of $8,000,000.
For further information and a detailed development package, contact Kanama International Asia on
+63 915 6979 113 or email@example.com
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