Modern house, top quality, breathtaking views

For sale is a fully equipped bungalow with a main apartment, a separate 2-room apartment, a guest room with its own entrance, an open kitchen/bar, and its private access road including solar-powered streetlights. The design and furnishings of the house consider age-appropriate living. There is also a beautifully terraced garden with Bermuda grass, various palm trees and a seating area with lighting. You will harvest bananas, coconuts, papaya and malonggay several times a year. According to the Certificate of Occupancy, the total living area is 251.32 m²: Main Apartment   133.6 m² o   Living   47.1o   Dining   24.0o   Bedroom   23.9o   Kitchen   16.2o   Bath   12.5o   Powder room   2.7o   Laundry/Stockroom   7.2 Guest Apartment   37.8 m² o   Living   17.8o   Bedroom   16.3o   Bath   3.7 Guestroom   18.0 m² o   Bedroom   13.2     o   Bath   4.8 More usable area   41.3 m² o   Technique room   15.0     o   Bar with CR   26.5                    The total plot area is 1,668 m². The built-up property is approx. 946 m² including the garden. The approx. 722 m² plot to the east in front of the bungalow is also being sold. This property provides access to the bungalow. The outstanding view of the Pacific Ocean is permanently secured. The property is suitable as a home for families as well as to accommodate guests. The high-quality house, the quality and equipment of which is far above the level customary in the country, impresses with the following features:•       Made with a lot of concrete and steel, making it highly earthquake-proof•       Excellent views of the Pacific Ocean (Strait of Cebu)•       Water supply through a private deep well plus backup rainwater cistern•       Own water softening and filter system•       Solar thermal for hot water•       Double-glazed windows with PVC frames, tinted glass, integrated insect nets and electric shutters with remote control•       Outdoor CCTV system, smoke detectors, gas detector, fire extinguishers•       Modern main entrance door•       Ultra-quiet split air conditioners (inverter)  in 3 bedrooms•       All floors and bathrooms tiled; format 120 * 60 cm•       Three very well equipped bathrooms with high-quality rain showers and wall-hung toilets; cold and hot water•       Washing machine•       Modular kitchen with gas cooker and large sink as well as high-quality electrical appliances: side-by-side fridge / freezer combination, oven, microwave, extractor hood, Dishwasher•       Two additional refrigerators in the apartment and in the open kitchen/bar•       Premium class 5.1 Hifi/TV surround system consisting of Android Smart TV, Onkyo tuner/amplifier, Bowers & Wilkins speakers, Polk subwoofer•       Huge main terrace with approx. 8 * 4 * 1.5 m swimming pool•       Separate terrace in front of the guest room•       Large garage with an electrically operated roller door•       Strong emergency power generator set   LOCATION Dalaguete is a place with about 67,000 inhabitants in the south of the Philippine island of Cebu. Cebu City, the second largest city in the Philippines, is approximately 90 km north and has a modern, international airport. The house is located on a hill on the southern outskirts of the city in the district of Balud about 95 m above sea level. In the neighborhood, foreigners (German, Swiss, Australian, British) built a few houses. The access to the residential area is via a concrete road. HOTEL/PENSION BUSINESS Optionally, the buyer can continue to operate the guesthouse. The business called "Pacific View Dalaguete" is well established and very popular with guests from Cebu City as well as with international tourists. Excellent reviews in all relevant internet portals confirm the quality of the house, which is well above average. Google Maps awarded the property with five stars. Guests who booked through Booking.com rated the property with the grade of 9.7. INVESTMENT & OUTLOOK The price for the fully furnished bungalow, incl. lot and garden, and guesthouse business is 329.000 EUR net.                              The existing infrastructure and the property offer enough space to create additional accommodations at low cost. The area could easily develop into a medium size first class resort.   The Municipality of Dalaguete, together with the Governor of Cebu, is planning to reactivate the airstrip in Casay/Dalaguete. This will be the first airport in southern Cebu and consequently real estate in the area will become more valuable.