Cliff Side with own House Reef Panglao Island, Philippines

Bilisan Towers For Sale Descriptions

Don’t miss this once in a lifetime opportunity to own this incredible waterfront compound in Bil-isan, Panglao, Bohol. This property provides ample space for extended family, use it as a vacation home, or put into service as a lucrative, luxury vacation rental destination. The options and opportunities with this property are endless.

Property Description

This incredible property spans 3400 square meters of cliff-top waterfront. It has been developed over the years by its Swiss owner to provide a luxury living experience for owners and guests. No expense has been spared to maintain this property in excellent condition, and virtually every amenity has been addressed and built to exacting European standards.

Location

The compound is conveniently located in Bil-isan, Panglao, Bohol. It is a quick 15-minute drive to world-famous Alona Beach, the new international airport, and 20-minute drive to Tagbiliaran.

The Pool

The custom-built pool is chlorine-free and offers awesome views of the sea. The water is filtered and purified by a state-of-the-art European-made ionizer system.

Sea Access

Custom stairs provide easy access to the small cove and sea at the foot of the cliff. Walk down for a refreshing swim, or to hunt for sea urchins and other seafoods from the pristine waters of the Cebu Straight.

Landscaping

The property has been expertly adorned with beautiful gardens filled with native and exotic plants. The love and care put into the gardens is immediately evident upon viewing and provides a peaceful setting where your mind and body can relax.

BBQ Area

There is a dedicated BBQ area close to the cliff where you can grill up your favorite foods while taking in the nearly endless water views.

Backup Power & Water

There is a 10kw generator in a secure generator room behind the guard tower next to the main gate. The owner has also installed a comprehensive electrical control system.

Huge water cisterns are cleverly hidden under the driveways behind each villa that are coupled with rainwater collection and tied into a top-of-the-line water treatment and filtration system that serves all the residential spaces and pool.

Internet

The owners had a dedicated fiber internet line installed [Zafra] that provides reliable high-speed internet powerful enough to serve the entire property + cable TV.

Property Access & Safety

The entire property is surrounded by a high wall and there is a remote-controlled main gate. There is also a guard house that overlooks the main gate and access road to the property.

Staff Housing

Next to the front gate are two well-built staff houses [native style] with a shareddirty kitchen and individual comfort rooms. There is ample space to house multiple staff members, and their families if needed.

Housing Description

The Villas

One of the most unique aspects of this property is that it offers not one, but two modern, Euro-style, luxury waterfront villas. Each villa is 300 square meters of thoughtfully laid out living space. Each villa provides 3 bedrooms, 2 comfort rooms, huge western-style kitchen, large living rooms and dining areas, covered terrace and incredible views of the sea. Each villa also provides an oversized garage and additional parking areas for guests.

The 2^nd floor master bedrooms in the villas have huge windows that face the sea, so you can enjoy unparalleled views of the Cebu straight, Bohol and Cebu while relaxing in your bed. There are also huge master bathrooms with jacuzzi tubs and large walk-in showers.

Villa Layout

1^st floor – large living room, dining area, huge western-style kitchen, covered terrace with built in seating, one bedroom and full bath.

2^nd floor – huge master bedroom, large 2^nd bedroom, shared master bath, storage closet, laundry room and terrace over the garage.

The Bungalows

Set behind the two main villas is a Euro-style duplex bungalow that has two one-bedroom, one CR units that each have kitchenette and comfortable living room. There are split-type air conditioners in the bedrooms and ceiling fans in the bedrooms and living rooms. These are perfect for additional guests, family members, or as short-term vacation rentals.

Additionally, the bungalows recently had a new roof installed and are individually metered for electric.

Income Opportunity

The current owners have run a profitable vacation rental business while living in one villa and offering the 2nd villa and two bungalows for short-term/Airbnb rentals. All of the units could also be put into long-term rentals, commanding premium rent and providing significant monthly cash flow.