42-Hectare Prime Beach Front Property For Sale in Subic, Zambales

Description:

Size: 423,378 sqm.

Property is nestled at the foot of Mount Redondo along Subic Bay (between Panibasco Point and Mahumiling Point). It has a 1-km white sand beachfront and overlooks Paqueña Island & Subic FreePort. Approximately 120 kilometers from Balintawak, Quezon City or 3 hours from Manila through the North Expressway and the Olongapo-Gapan Road towards Olongapo City. Approximately 15 kilometers from Olongapo City and 7 kilometers from the town of Castillejos through the national highway. It can easily be reached by a 30-minute Banca ride from the Philseco Shipyard in Olongapo City. A 4-lane highway is currently under construction towards the Hanjin Facility which traverses the Property.

The Property has a total land area of 423,378 sqm. containing 8 lots covered by 2 TCTs.

PhP3,500.00 per sqm.

Selling at PhP1,481,823,000.00

Seller's Account: Broker's Professional Fees (net of Withholding Tax, 12% EVAT & other Taxes)

Buyer's Account: CGT/CWT, Registration Cost, Transfer Fees, Documentary Stamp Tax, Expanded Creditable Tax & all necessary expenses to transfer title to Buyer's name