a truly eco-chic private
island opportunity…
Location
The Philippines is made up of over 14,000 islands and with an eclectic combination of cultures and heritage - Spanish, Portuguese, American and Chinese - is an extremely friendly and most enchanting country to visit. The capital city of Manila is developing into a fast paced and sophisticated centre for commerce and the beaches and islands are some of the world’s best. The Philippines is a country blessed with everything nature has to offer – mountains, islands, lakes, jungle, rainforest etc – and much of it is still relatively undiscovered.
The Filipino economy is one of Asia ’s best performers. GDP has been growing at a rate of over 6% year on year since 2001, and the Peso has gained 26% against the $US Dollar since de-pegging took place 18 months ago. With a rising middle class and a dramatically undervalued real estate market (compared to other Asian countries), an investment into Filipino property should deliver above average growth and seriously high yields.
Palawan is a jaw droppingly beautiful archipelago of islands about 45 minutes flying time South West of Manila. The area is protected by the Government as an eco-sanctuary and so only genuinely sustainable, environmentally sound developments are able to win planning permission in this paradise.
Already Banyan Tree are investing $70m USD in two resorts on the main island of Busuanga (the ‘capital’ of Palawan) and Aman Group’s incredibly luxurious Aman Pulu Resort, which opened in 200, is exceeding the expectations of the most discerning guests on a private island to the North of Busuanga. Palawan Pearl is to the west of Busuanga.
Traveling times to Busuanga:
Manila to Busuanga: 45 minutes
Boracay to Busuanga: 40 minutes
Cebu to Busuanga: 45 minutes
Traveling times from Busuanga to Cacao Pearl Island :
By jet ski: 15 minutes
By speedboat: 15-20 minutes
By traditional ‘banca’ (local fishing boat): 50 minutes
Palawan is stunning. Outstanding natural beauty can be found both above and below the sea – the archipelago boasts almost 2,000 kilometers of irregular coastline which is dotted with 1,780 islands and islets, rocky coves, and sugar-white sandy beaches.
Conde Nast voted Palawan as having the best beaches overall in Asia in it’s October 2007 issue.
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