RE/MAX PRIME
MEMBER SINCE 2021

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PRC 11563 | DHSUD 017281
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PROPERTY STATUS: Titled private island with fine, white sand, tropical beach with zoning for tourism development LOCATION: Busuanga (Coron), Calamianes Archipelago, Palawan, Philippines. Latitude 12.0536147, longitude 119.79037210000001./ West Nalaut Island, Busuanga (named Dao Island for marketing purposes) BARANGAY/AREA NAME: Barangay Maglalambay CITY: Busuanga, Palawan SELLING PRICE is inclusive of seller’s applicable taxes and fees (please contact for pricing info) LOT AREA: 137,914 sqm + 2 x Tax declarations over the non-titled area equal to 341,804 sqm FRONTAGE: Beachfront LAND CLASSIFICATION (TD): Municipal = Tourism : National = Agricultural BEST USE: Tourism Development MORTGAGED: No OTHER INFO: No structures, clean title, expired DAR pre-approvals for land-use conversion from agricultural to tourism, NCIP compliant, holding company included (further description below) DUE DILIGENCE Full due diligence pack available upon request for fully funded entities with local legal counsel appointed. Planning permissions acquired: ECC (Environmental Compliance Certificate), Local Government Unit planning permissions and building permits for 100 stand-alone villas and resort facilities/amenities. Preliminary surveys for power and water infrastructure in place, comprehensive Environmental Impact Assessment completed for model development configuration of 100 villas. Liens/Encumbrances: None. Permits and Certifications: NCIP (National Commission of Indigenous Peoples) certification of title being exempt from potential indigenous claims, Memorandum of Agreement with local indigenous community for tenure and development rights over the non-titled portion of the island currently held via tax declaration, HLURB (Housing Land Use Regulatory Board) certification of Tourism Zoning. DENR (Department of Environment and Natural Resources and DA (Department of Agriculture) certifications for Tourism Zoning of the title. Schedule a private tour today. Direct to seller with signed authority. Thank you. Xian Jay S. Dimaano, RES RE/MAX Prime PRC 11563 | DHSUD 017281 Available on Email, WhatsApp, iMessage and Viber.