Annabel’s Resort – An established resort with on-site restaurant operations

Romblon, Ferrol, Agnonoc
Sale: ₱ 69,000,000
11 Bedroom Hotel / Resort for sale in Agnonoc, Romblon
Full description

Listing ID: 019c1a27-0571-73d8-8a2e-7f1874d3a72a

11 Bedroom Hotel / Resort for sale in Agnonoc, Romblon

Annabel’s Resort – An established resort with on-site restaurant operations

Location: Tablas Island, Romblon Province, Philippines
Purchase Price: EUR 1,000,000 (authoritative), approximately PHP 69,000,000 depending on the exchange rate

For sale is Annabel’s Resort, a fully established and operating resort and hospitality business in the Philippines. This is not a construction project, not a shell, and not a concept. It is a real, fully functional and profitable operation with an excellent reputation, a loyal customer base, and significant expansion potential.



Location & Development

The resort is centrally located on Tablas Island, a still largely undeveloped island known for its beaches, waterfalls, diving spots, and authentic island lifestyle.

The ongoing airport expansion will allow larger aircraft and, based on experience in comparable regions, is expected to lead to increasing visitor numbers, rising property values, and growing demand. The location is therefore in an early and highly attractive development phase.



Land
• Approx. 10,000 m² land area
• Valid land title
• Official concrete access road (Barangay Road)
• No rights of way or legal risks
• Currently only approx. 10% developed
• Expansion by 15–20 additional units realistically possible



Existing Buildings
• Bungalow 1: 1 bedroom, bathroom, terrace
• Bungalow 2: 2 bedrooms, suitable for families or groups
• Apartment complex: 8 nearly new Deluxe Rooms with pool and garden views, modern fittings, air conditioning, partially equipped with smart toilets
• Large swimming pool: approx. 18 × 15 m, LED-lit
• Restaurant & bar: approx. 35–40 seats, usable open or enclosed



Restaurant – Independent Revenue Pillar

The restaurant is well known in the region and attracts both locals and resort guests. The menu includes, among others, German, Bavarian, Indian, Vietnamese, Japanese, and Philippine cuisine.

A special feature is the in-house production of sausages and cured meats, offering a clear cost and margin structure.

The restaurant operation covers all ongoing operating costs of the resort, including during the low season.



Infrastructure & Operations

Public electricity supply, government water connection plus two deep wells, buffer tanks, Starlink internet, and an experienced, transferable staff structure. Generator and solar system prepared.



Ratings
• Booking.com: 9.8 / 10
• Google: 5.0 / 5 stars
Consistently excellent reputation.



Purchase Price Explanation

The purchase price of EUR 1,000,000 is below the calculated asset and market value.

The land alone, based on a very conservative valuation of PHP 2,000 per m², amounts to PHP 20,000,000, deliberately below typical regional prices.

The existing buildings and facilities (bungalows, 8 Deluxe Rooms, pool, restaurant, infrastructure) have a pure construction value of approximately EUR 335,000 or PHP 23,000,000, excluding time value or price appreciation.

This already results in a substance value exceeding PHP 43,000,000, without considering the ongoing business.

The business value (hospitality operations, occupancy, reputation, booking platforms, staff structure) has been assessed conservatively. Added to this are several years of saved development time, immediate income generation, expansion potential, and the airport expansion.

The offering price therefore represents a fair entry point with clear upside potential.



Price & Sale

The decisive amount is EUR 1,000,000 only. The PHP equivalent will be adjusted according to the exchange rate. Slight negotiation possible only with serious purchase intent. No pressure to sell.



Reason for Sale

The sale is due to family reasons, not financial necessity. The business will be handed over in a healthy, fully operational, and excellently rated condition.



Presentation video:
https://youtu.be/RRIJ-KeKTqc?si=m-JaoGvdioa_----
Key features
Facilities
  • Swimming pool Icon Swimming pool
  • Air conditioning Icon Air conditioning
  • Internet Icon Internet
  • Car park Icon Car park
  • Garden Icon Garden
  • Balcony Icon Balcony
  • Wi-Fi Icon Wi-Fi
  • Children's area Icon Children's area
  • Smoke detector Icon Smoke detector
  • Green area Icon Green area
  • Built-in wardrobe Icon Built-in wardrobe
  • Grill Icon Grill
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