Robert Longwood

Kalispell, MT (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)

Samal Casino Resort

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Location: Davao City
Industry: Real Estate
Year Founded: 1997
Number Employees: 100-250 people
Description: PHILIPPINE RESORT & VACATION RETIREMENT COMMUNITY Finalize Purchase of existing resort property in the Philippines. Subdivide remaining property into 1280 Home lots, with Golf Course, Ocean Frontage & Water Sports. Market new homes to Retirees & Vacationers, & reopen the resort with 245 existing rental units. We are a Philippine Investment Group, headed up by an American Contractor with 35 years experience in the construction of residential homes and light commercial developments. Our group members have experience in Timeshare marketing and management, Philippine Real Estate marketing and Development, Resort management, as well as Investment and business management, and Philippine Legal experts. We currently have an accepted Buy Sell Agreement for a resort Property in the Philippines. This is an existing resort with 245 daily rental units, Convention Center up to 2000 participants, Restaurants, Lounges, Swimming Pool, and Casino, as well as other amenities. This property is located upon 618 acres with 3937 feet of Ocean Frontage. Resort is located 30 minutes from the 3rd largest city in the Philippines. This city has an International airport, excellent economy and every amenity. This is a safe and Prosperous area. The properties original Master Plan calls for the construction of a Golf Course, and has acreage for up to 1280 homes. These homes would be marketed to retirees & vacationers from 1st World Countries, as well as returning Philippine Overseas workers and Philippine Business people. Profits from home sales will be much greater than similar homes in the U.S., and other parts of the world, while still being good bargains for retirees or as second homes for vacationers. The Philippine Real Estate market is headed for phenomenal growth and investment properties are generating 16% to 23% yearly. Profit analysis for the resort itself shows yearly profits exceeding 12 million USD annually. By selling 50-65 of the existing units as Timeshares, and refurbishing & re-opening the resort. The original investment will be recovered in 3-5 years. The required investment is up to 60 million U.S. Dollars. Additional Properties are available to increase the ocean frontage to 6.33 miles, with an additional 2300 home sites. Profits from this project will exceed 130 Million USD. Profits will exceed 300 million USD with the purchase and development of the second property. This area has many other resorts, but is growing yearly in tourism. The area is currently falling behind in the construction of upscale new homes by approximately 4000 units yearly. Home sales are brisk. These are not 3rd World homes, but homes that anyone in the world would be proud to own and occupy. We are looking for investors contributions of up to $60,000,000. USD. This will be a 3-5 year investment. Investors will then share profits on a long term basis. Robert Longwood