BUSUANGA, PALAWAN, PHILIPPINES
Price - US$ 6,500,000
West Island is an ancient tropical island within the Busuanga Biosphere, part of the Coron archipelago in Northern Palawan, Philippines.
This beautiful 47.9-hectare island is known as the jewel of Busuanga’s bays, with the most pristine and prestigious location in an area of outstanding natural beauty, crystal clear waters, and lush tropical forest. In fact it is the only known private island in Palawan with significant clear title (with no underlying indigenous claim) suitable for tourism development, making it an ideal turnkey opportunity for a commercial resort development. The island is uninhabited (except for resident caretakers) and remains in a pristine state with no development work ever carried out on the property.
Private tropical island with fine, white sand beach with zoning for tourism development.
Busuanga (Coron), Calamianes Archipelago, Palawan, Philippines.
47.9 hectares (13.79 hectares titled, remainder held via tax declaration).
Beautiful, uninhabited and pristine island property with an uninterrupted 1.1km crescent-shaped white sand beach. The island has no mangroves and a total of 3.3km of coastline, including several smaller beach coves, 80 meter high cliffs, lush rainforest coverage with rare trees, mature coconut palms, extensive (live) fringe coral reef system, and well-documented wildlife. Call set within a secluded location, yet under 30 minute speedboat ride from 12 World War II wreck dives, local towns and tourism attractions. Also featured are a fresh water source and strong cell phone signal with data.
THE ISLAND CONCEPTUAL MASTERPLAN
In fact it is the only known private island in Palawan with clear title suitable for tourism development, making it an ideal turnkey opportunity for a commercial resort development or simply for luxury, private non-commercial use. The island is uninhabited (except for resident security and maintenance personnel) and remains in a pristine state with no development work ever carried out on the property.
The island benefits from being located in the Coron/Busuanga region of northern Palawan, which is classified as one of the Philippines’ three “Super Regions” for priority tourism development, funding and promotion as part of the government’s national tourism master plan. It is also noted for the many tourism attractions, world class diving, award-winning beaches and exceptional natural beauty.
The pre-development efforts under taken by Barefoot have secured flexible planning and building permissions for a medium sized resort development that will save a developer/operator two to three years (critical path timeline) of permit applications and the countless hours needed to progress through local regulatory and compliance processes.
The current permits secured for the development of the island may be amended to suit the development strategy of any future investor. In their current form an investor may develop a 100 stand-alone villa luxury resort development with amenities such as swimming pools, spa, shops, restaurants, bars, dive center, pier, water sports center and staff facilities.
An archipelago without compare. Palawan is one of Southeast Asia’s most exciting tourism destinations. Once considered a final frontier, it is now widely recognized as one of the fastest growing tourism hotspots in the region. Consisting of over 1,700 islands, award-winning beaches, Asia’s only world heritage marine site, world-class wreck dives and turquoise tropical seas; Palawan is a resort developers’ paradise.