royal-oceancrest-panglao
2 km from Atharra Suites₱4,500,000.00Video Tour
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Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Condominium
Condotel
Atharra Suites Panglao is an elegant 5-storey destination hotel condotel in Dao, Dauis, Panglao Island, Bohol. This fully-furnished condominium hotel features 221 serviced suites set in a desirable location just minutes away from Panglao Island's rich and vibrant culture and destinations. A hybrid concept of condominium and hotel, offering hassle-free investment with passive income through hotel operation, 10 days free stay each year, and no monthly dues while managed by property management.
Building Information
Tower Main Building 5 floors
Units
Available units in Atharra Suites Panglao
Location & Neighbourhood
- Full AddressAnos Fonacier Circumferential Road, Dao, Dauis, Panglao Island, Bohol
- SubdivisionAtharra Suites Panglao
- City / MunicipalityDauis
- ProvinceBohol
- Zip Code6339
- Walkability Score65
Nearby Places
- Bohol Panglao International Airport2.5 km5 minutes drive
- J Park Resort1 km2 minutes drive
- White Sand Beach/Libaong Beach1.5 km3 minutes drive
- Alona Beach3 km6 minutes drive
- Ace Medical Center8 km16 minutes drive
- Alturas Supermarket10 km19 minutes drive
- Bohol Quality Mall11 km20 minutes drive
- Dauis Municipal Police Station3 km6 minutes drive
- Panglao Fire Department7 km14 minutes drive
About the Neighbourhood
Located along the national highway of Panglao Island, Bohol's premier tourist destination. The area is near the eco-friendly Bohol Panglao International Airport and surrounded by world-class resorts, pristine beaches, and tourism infrastructure. The location offers easy access to Panglao's vibrant culture and destinations while being in a peaceful residential-commercial area.
Flood Risk Information
Located in a coastal area with moderate flood risk during typhoon season. Elevated construction provides protection from typical flooding.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Commercial-Residential Mixed Use
Additional Information
- Reason for SellingDeveloper project selling - income-generating investment opportunity
- Pet PolicyPets are subject to hotel policy and management approval
- Renovation HistoryNewly completed project, ready for occupancy as of June 2024
- Storage SpacesStorage facility available in the building
- Cultural HeritageLocated in Panglao Island, a culturally rich area known for its pristine beaches, diving spots, and historical churches
- Accessibility NotesBuilding equipped with 3 elevators for easy access to all floors
Market Insights
Comparative Listings
costa-grande-panglao
3 km from Atharra Suites₱3,800,000.00palm-oasis-panglao
2.5 km from Atharra Suites₱4,200,000.00Rental Potential
8.5%
Expected annual rental yield
Historical Price Trends
Property values in Panglao have shown steady appreciation of 8-12% annually due to growing tourism infrastructure, new international airport, and government support for tourism development. Condotel properties specifically benefit from high occupancy rates during peak season.
Future Development Plans
Panglao is designated as a premium tourism destination with ongoing infrastructure improvements including road widening, enhanced utilities, and new resort developments. The Bohol Panglao International Airport expansion is planned to accommodate more international flights.
Reviews & Feedback 4.5
(2 reviews)
Property Investor March 15, 2024
Great investment opportunity with passive income from hotel operations. The location near the airport is excellent.
Condotel Owner June 20, 2024
Love the hassle-free management and the 10 days free stay benefit. The amenities are well-maintained.