El Nido, Palawan | Private Island
Located in the famed sanctuary paradise island of Palawan, Mystery Island (or known locally as Maosonon Island) can be found in Sibaltan, municipality of El Nido.
Location: Barrio of Sibaltan, Municipality of Bacuit (now El Nido), Province of Palawan, Philippines
Total Land Area: 453,890 square meters of 45.389 Hectares
Asking Price: PhP 250,000,000.00 or US $ 6,000,000.00
Generally triangular and longish in appearance from an aerial view, this 45.389-hectare property is composed of a main island characterized by a wide rear area of rolling hills, hidden rocky coves and elevated woods, stretching out further into the water as a narrower promontory of vegetated plains with pristine beaches on the fringes, finally climaxing as a sharp powdery-white tip pointing to another much smaller nearby island jutting out of the water like a teardrop.
Mystery Island sits in close proximity to the other islands of the El Nido municipality and is easily accessible from Manila. An excellent getaway for sun-seekers who crave spectacular light and warm weather all-year long, Mystery Island offers a diversity of land and water adventures for the finicky vacationer and plentiful business opportunities for discerning investors. Ideal for High-end or Luxury Hotel and Resort Development.
1. The SELLER shall pay for the brokers commissions and updated realty taxes.
2. The BUYER shall pay for the capital gains tax (6%), documentary stamp tax, notarization, transfer fees, registration fees, and incidental expenses.
3. The SELLER warrants that he holds a good and registerable title to the property, which upon full payment, shall be conveyed to the BUYER free from any liens and encumbrances.