Vitamin Sea Resort

Just for fun I emailed the owners of the Vitamin Sea Resort. Here's what they said:

We have cut the asking price from 29 million pesos to 25 million pesos! for a quicker sale. The resort will sell all of the buildings and their contents along with the boats in the sale. My wife (Anecita Midkiff) will sell the land. As the new owner you will own 100% of the titled land and the resort The resort is designed to have 6 luxury Suites about 40 sqm and a Presidential Suite about 80 sqm on the first floor. Each room has a private terrace, living room, bedroom and C/R (bathroom) with dual sinks outside the C/R. The presidential suite is designed to have a private kitchen. There is a 145 sqm restaurant/ bar plus a partly furnished 3 bedroom 145 sqm air conditioned apartment on the second floor with breath taking ocean and mountain views Also , we have a luxury beach bar with billiard area 90% complete. The suggested rental prices for this resort as compared to our neighbor Anda White Beach Resort is 5,000p or more a night for the 6 suites and 10,000p per night for the presidential. Pool is dug but not started and is designed to be an infinity pool. The Resort is currently 75% finished. An extra 4 million pesos ($85,000 USD) will “turnkey” the resort.

Nearby cliff top resort “Bluestar” just sold this past year and was on the market for 35 million pesos with only 7 fan rooms and no restaurant. Anda is slated to be the next great destination in Bohol. There is a pristine 14km reef for diving right in front of the resort. Sand is whiter than Boracay. The resort comes with 32 foot banca style boat good for snorkeling or diving trips and (2) 15 foot paddle bancas. A large storage Building with (3) 2000 liter blue poly water tanks and a beautiful cottage for 4 stay-in workers with an extra storage area in the attic. Also, you have sellable rights to 1/2 kilometer of power lines that we had installed by the electric company. We also have a new 25 KVA transformer and 5 brand new Sanyo split type air conditioners. Various tools, small generator, jack hammer and many other items convey.

Our reason for selling is a disappointing story. My wife’s relatives were supposed to help us build the resort and instead embezzled and stole funds to the extent that we ran out of money before we could get it functioning. We do not want to use financing and my 2 young american children wish to go home. All papers for titled land and buildings are clean. This sale is distressed due to the fact there are no more funds left to get resort operational. I hope you can take advantage of this sale to purchase this titled land with a beautiful 3 bedroom 145 sqm apartment attached to a 7 room luxury resort with restaurant. Paradise awaits!