Experience Unrivaled Luxury at Monaco Suites De Boracay - Your Gateway to Island Paradise!
Located at Boracay Island, Malay, Aklan, Philippines
This Property is
FOR SALE!
Monaco Suites de Boracay is located at the southeastern part of the premier resort island of Boracay, Philippines, offering an all-suite accommodation.
Explore Monaco Suites de Boracay
Monaco Suites de Boracay is a luxurious resort located in the beautiful island of Boracay in the Philippines. This exquisite property offers a range of well-appointed suites designed to provide guests with a comfortable and indulgent stay.
Monaco Suites de Boracay: 2019 Travelers' Choice by TripAdvisor.
Experience the epitome of luxury and hospitality at Monaco Suites de Boracay, the proud recipient of TripAdvisor's 2019 Travelers' Choice award. Nestled in the breathtaking island of Boracay, this exquisite resort offers unparalleled comfort, world-class amenities, and stunning views, ensuring an unforgettable escape for discerning travelers.
We made it to the TripAdvisor Travelers Choice Award as one of the Top 25 Hotels for Families in the Philippines thanks to you, our loyal guests.Thank you for choosing us as your exclusive haven to the paradise island of Boracay.
Frequently Asked Question
HOW MANY BUILDINGS MAKE UP THE ENTIRE COMPOUND?
The whole compound is composed of 12 Buildings with a Pavilion and a Staff house.
The Floor Area of the structure is 4,550 square meter as per floor plan excluding staffhouse.
The land is presently improved with the following structures: Foundation – Reinforce concrete footing. ( Column and Beam – Reinforce concrete column and beam. Pathways and walkways – tiled finished paver``s Stairs and porch – concrete covered with tiles. Flooring – concrete flooring with tiles Doors – Wooden Doors Roofing –Concrete Slabs Ceiling – Concrete Slabs Windows – Sliding glass window. )
ZONING
Based on the Comprehensive Land Use Plan (CLUP) of Boracay Island the location is zoned as Medium Density Tourist Commercial Zone ( T2 ).
HIGHEST AND BEST USE
Based upon analysis of the prevailing land and structure usage in the vicinity and the property itself, the best probable usage of the property is to be used as “ Residential or Commercial Accommodation”. This also represents its highest and best use.
“ Highest and Best Use” is defined as the most profitable likely use of the property. The opinion of such maybe based on the highest and most profitable continuous use to which the property is adapted and needed, or that use of land which may reasonably be expected to produce the greatest net return over a given period of time.
VALUATION OF LAND ( Market Data )
Market Data Approach to value - the estimation of the market value of a property by comparing it with similar properties in the general area that have sold or exposed to the market recently under comparable conditions.
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