Dao Island is an ancient tropical paradise. A rare, titled private island for sale in Coron, Busuanga, Palawan. Palawan is one of the top beach and island destinations for resort development in the Philippines.
This beautiful 47.9-hectare private island is known as the jewel of Busuanga’s bays, with the most pristine and prestigious location in an area of outstanding natural beauty, crystal clear waters, and lush tropical forest. In fact, it is the only known private island for sale in Palawan with significant clear title (with no underlying indigenous claim) suitable for tourism and resort development, making it an ideal turnkey opportunity for a commercial resort operation. The island is for sale and is uninhabited except for our resident caretakers. Dao Island remains in a pristine state with no development work ever carried out on the property.
PROPERTY TYPE
Titled private island with fine, white sand, tropical beach with zoning for tourism development.
LOCATION
Busuanga (Coron), Calamianes Archipelago, Palawan, Philippines. Latitude 12.0536147, longitude 119.79037210000001.
Current tenure:
Locally incorporated holding company has acquired all rights (transferable/assignable/alienable) to the 47.9 hectare private island in Palawan. The rights are comprised of 1 clear title for 13.79 hectares of flat, beach-adjacent land (undisputed and owned by one family since 1940); two tax declarations for the entire remaining elevated forest land (exclusive usage rights issued by the government).
Planning permissions acquired:
ECC (Environmental Compliance Certificate), Local Government Unit planning permissions and building permits for 100 stand-alone villas and resort facilities/amenities. Preliminary surveys for power and water infrastructure in place, comprehensive Environmental Impact Assessment completed for model development configuration of 100 villas.
Corporate Holding Structure:
Comprehensive and compliant Filipino holding structure and development company (with offshore component) incorporated and operated compliantly since 2007. Holding structure owns all rights to the island – the structure can be transferred/assigned or replaced/amended.