Newly Established Resort Seeking Loan in Malay, Philippines

- We are a startup resort located in Boracay island, Philippines.

- The business has yet to start operations.

- The resort will comprise 12 luxury suites and 4 luxury villas.

- The villas and suites have been constructed and only the renovations are left.

- Resort can accommodate 50-60 people.

- Property offers a spectacular view of the beaches.

- Other amenities on the property include roof deck sunset bar, lap pool & watersports facilities.

- We can partially start operations in a few months.

- The promoter has just entered the hospitality industry and has 20 years of experience in the education industry.

- Business has the registration document. Additional licenses will be acquired by the business.

Luxury beachside suites strategically located in the midst of an idyllic cove with direct access to Boracay island's main beach.

Building renovation, hotel furniture & fixtures, watersports equipment.

Rare exceptional property in Boracay, 1,400 square meters with a 40-meter beachfront, 15-year lease renewable for 5 years.

Currently renovating existing 2-storey structure with a roof deck for 12 suites, building footprint <300 square meters.

The rest of the property is still undeveloped & earmarked for exclusive villas, a lap pool, and water sports facilities. The property is located in the tourist capital area.

- The business has a single owner & founder.

- Personal funds were used to start up the project.

- The owner is about to take on a long-term mortgage to partially finish the renovation of B&B to make it operational for Q4.