verde island: open for investment! luxury properties in the philippines

32
Verde Island A Garden City

Upload: erna-tacata

Post on 21-Jun-2015

2.638 views

Category:

Real Estate


2 download

DESCRIPTION

Open for Investment! Luxury Properties in the Philippines Verde Island Located in the Center of the Worlds Second Best Diving Location. The real estate project is an entertainment, educational, commercial, residential complex that will cater to the diving market, local and international tourists. Erna Tacata [email protected] [email protected] +63915.285.6816

TRANSCRIPT

Page 1: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandA Garden City

Page 2: Verde Island: Open for Investment! Luxury Properties in the Philippines

Area: 111 hectares more or less (Island Portion, Fully Titled)

• Ideal for High-End Residential,

• World-Class Recreational Center,

• Retirement Village and • Foremost Wellness Center.

Contact: ERNA B. TACATA+63.915.285.6816

[email protected]

Verde IslandLocation: Batangas City

Price: Php 700 per sqm or USD 16.4512 (xe.com)Open for :Outright PurchaseCluster PurchaseJoint VentureEquity Investment

Page 3: Verde Island: Open for Investment! Luxury Properties in the Philippines

A beautiful secluded island in the South of the Metro. It is the Center of the Center of Marine Biodiversity in the World.

Verde IslandA Garden

City

•Ideal for High-End Residential, •World-Class Recreational Center, • Retirement Village and •Foremost Wellness Center.

Page 4: Verde Island: Open for Investment! Luxury Properties in the Philippines

Underwater Treasure

Verde IslandIt is the Center of the Center of Marine Biodiversity in the

World.In 2004, prominent biologists Kent Carpenter of the IUCN (World Conservation Union) and Victor Springer of the Smithsonian Institute presented the results of their study on the world’s highest concentration of marine species. The study, which highlights both diversity and endemism, indicates that the Philippines is home to an astonishingly high marine life, particularly along the Verde Island Passage - an important domestic sea route that encompasses the provinces of Batangas, Marinduque, Mindoro Occidental, Mindoro Oriental, and Romblon. This area is known as the “Center of the Center” of the global marine fish shore biodiversity.

http://www.firstgen.com.ph/FeaturedArticles.php?ID=202

http://www.newsflash.org/2004/02/si/si002238.htm

http://www.conservation.org.ph/sss/index.php/news-a-events?start=10

SOURCES:

Page 5: Verde Island: Open for Investment! Luxury Properties in the Philippines

Situated between the islands of Batangas and Mindoro. An island with a Land area of 1,625.05 hectares comprises of 6 Villages with a total population of 7,482.

A property is more or less 111 Hectares available for Sale and /or Joint Venture. It is composed of 100 Hectares of Lands and 11.4 Beachfront including Verde Island Resort.

Verde IslandOverview

Page 6: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde Island, Batangas City

Bgy. San Antonio, Verde Island, Batangas CityAccess from Manila through SLEX & Star Toll

Batangas Port: 1 hr by land and 1 hr by outrigger boat

Pagkilatan Port: 1.5 hrs by land and 20 mins. by outrigger boat

Verde IslandLocation

Page 7: Verde Island: Open for Investment! Luxury Properties in the Philippines

Master

PlanRESIDENTIALRESORT AREA100 hectaresTitled under variousPastor Family members

RESORT AREA11.4 hectaresTitled under VIBLEI

Verde Island

Page 8: Verde Island: Open for Investment! Luxury Properties in the Philippines

Resort Description

Verde Island

Page 9: Verde Island: Open for Investment! Luxury Properties in the Philippines

• Beachfront• Breakwater/Pier Main Lobby/Pavilion/Bar• Front Desk• Admin Office /Souvenir Shop

• Forty four (44) well-appointed Guest Rooms with air-condition, private bath, provision for cable television and in-house telephone system and verandas overlooking the sea

• Casa Maharlika (32); and• Casa Condessa (12)

Resort Description

• 16 native beachfront cottages• Main Restaurant/Bar + Main Kitchen• Function Room• Infinity Pools• Pool House• Powerhouse• View Deck + Activity Area + Walkways• Helipad• Dive Sites• Bamboo Plantation

Verde Island

Page 10: Verde Island: Open for Investment! Luxury Properties in the Philippines

• VIBLEI is the owner of

Verde Island Resort.

•Construction of Verde Island Resort started on 10 December 1996.

• VIBLEI was founded and incorporated on 06 November 1997.

• Verde Island Resort had its soft-opening 18 March 1999

Verde Island Business and Leisure Estate Inc. (VIBLEI)

Resort Description

Property Appraisal of the 11.4 hectare

resort as of 2011 by Cuervo Appraisers

valued atP370Million

(land and improvements)

Accreditations:

Department of Tourism(DOT)

as a Class "AA" Resort

Verde Island

Page 11: Verde Island: Open for Investment! Luxury Properties in the Philippines

Resort Market Study

Verde Island

Page 12: Verde Island: Open for Investment! Luxury Properties in the Philippines

•Have been described as the "Poor Man’s Boracay

•Showing varied occupancy, ranging from 50% to 79%

•Majority of the room rates fall below P3,500

•Only one high-end resort (no beachfront) - Buri Resort and Spa

•Customers are usually from Metro Manila, Batangas, Koreans and some

Japanese

and Puerto Galera, Mindoro

Verde Island

Page 13: Verde Island: Open for Investment! Luxury Properties in the Philippines

•One of the popular beach resort areas in Batangas Province

•Most of the resorts experience good occupancy rates, minimum of 70%

•Majority of the room rates fall below 6,000/room

•Only one high-end resort, also exhibiting highest occupancy rate

•Market usually from Metro Manila: couples and families, company/group

outings

Verde Islandand Laiya, San Juan,

Batangas

Page 14: Verde Island: Open for Investment! Luxury Properties in the Philippines

•All are mid-priced resorts, no high-end developments

•Some of the resorts supplement their performance by catering to Korean

students

•Mostly cater to divers

Verde Islandand Anilao, Mabini,

Batangas

Page 15: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde Island

•No ultra high-end resort development in the area

•Strongest area for resort in Laiya, San Juan, Batangas

followed by

Puerto Galera, Mindoro.

•Beach quality is still the key factor for resort development

• Even resorts in Laiya with minimal amenities exhibit strong

occupancy rates

•Higher-end resort start rooms rate at P6,000

Resort Market StudyFindings and

Assessments:

Page 16: Verde Island: Open for Investment! Luxury Properties in the Philippines

An Exclusive High-End Residential Resort anchored on a world-class top dive and beach destination offering a unique resort experience of exceptional quality.

•Ideal for High-End Residential, •World-Class Recreational Center, • Retirement Village and •Foremost Wellness Center.

PROJECT ENVISIONED

Verde IslandA Garden City

Target Market: Middle and High-End Local and International Tourist Market

Page 17: Verde Island: Open for Investment! Luxury Properties in the Philippines

Unique, Multi-Sensory ExperienceAccess to Extraordinary DIVE SPOTS * Situated in Verde Island Passage Marine Bio-diversity Conservation Corridor (Center of Marine Biodiversity in the World) * Top class dive school

Visually pleasing with its striking architecture and natural attributes * Exclusive tree-top villas and Beautiful sea and forest views

Gastronomic pleasure * High quality food and dining ambiance

Diverse activities * Relaxation through in-house spa operations * Exclusive white sand beach * Family-oriented facilities and amenities * Cultural and Farm Tours in Mainland Batangas

PROJECT ENVISIONED

Verde IslandA Garden City

Page 18: Verde Island: Open for Investment! Luxury Properties in the Philippines

Outright Purchase

Cluster Purchase

Joint Venture

Equity Investment

Verde IslandA Garden City Opportunity

Page 19: Verde Island: Open for Investment! Luxury Properties in the Philippines

On Sale of Land and/or Resort (on wholesale price)

Php700Million for the whole 100 hectares

(or Php700/sqm for hectarage or blocks of 5 to 20 hectares)

Php370Million for the 11.4 hectares beach front

inclusive of

Verde Island Resort and all improvements (VIBLEI

asset)

On Sale of Shares within Verde Island Business and Leisure Estate Inc. (VIBLEI),landowning company of 11.4 hectares resort

• Php98Million for the purchase of shares equivalent to 49% ownership

of VIBLEI (Price based on VIBLEI valuation at Php200Million versus Cuervo appraisal of

Php370Million. As an incentive to investor as immediate capital gains)

Outright Purchase

Verde IslandA Garden City Opportunity

Page 20: Verde Island: Open for Investment! Luxury Properties in the Philippines

Sample Outright Purchase @ 49% Ownership of VIBLEI

Verde IslandA Garden City Opportunity Opportunity to operate an existing dive and beach resort in an exclusive yet convenient location within a few months

To be the financial and operating partner for the renovation and redevelopment of 11.4 hectare Verde Island Resort

With option to develop another 20-hectares of property for a Residential Resort Project

• Purchase of 49% ownership of Verde Island Business and Leisure Estate Inc. (VIBLEI) as a price of P98Million; • VIBLEI is the owner of the 11.4 hectare Resort (with an appraised value of P370Million); • VIBLEI will allow the Resort Asset to be used as collateral for loans to fund the project;• To renovate and restart the existing 44 rooms and build an additional 31 rooms, estimated at P94Million;

Page 21: Verde Island: Open for Investment! Luxury Properties in the Philippines

HotelFinancials

Verde Island

Page 22: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandREVENUE ASSUMPTIONS

A Garden City

Page 23: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandPROJECT COST

A Garden City

Page 24: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandFUND REQUIREMENTS

A Garden City

Page 25: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandINCOME STATEMENT

A Garden City

Page 26: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandCASHFLOW

A Garden City

Page 27: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandCASHFLOW

A Garden City

Page 28: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandINVESTOR’S RETURN

A Garden City

Page 29: Verde Island: Open for Investment! Luxury Properties in the Philippines

LandFinancials

Verde Island

Page 30: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde Island

Page 31: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandA Garden City

Sample Land

Financial

Page 32: Verde Island: Open for Investment! Luxury Properties in the Philippines

Verde IslandContact us:

ERNA B. [email protected]+63.915.285.6816www.1stworldphilippines.com