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