*property is situated in an island outside SBMA. |
*property is near Hanjin and along Balaybay Road fronting Subic Bay |
*covered with four (4)lots with clean titles |
*with 2,394 sqm road lots which would be transferred to Buyer |
without any consideration |
*includes foreshore areas as approximately 2,500 sqm for each lots |
or a total of 5,000 sqm fronting the said lots along Subic Bay and covered by |
Applications for Foreshore Lease (FLA) for 25 years, renewable for another |
25 yrs for a total of 50 yrs lease period filed by riparian owners & approved by |
DENR. Consideration for transfer of FLA is negotiable and reasonable. |
*ideal for eco tourism projects such as beach resort hotels and related |
developments/ projects |