Iris Island Resort, Sulu Sea, Davao City, Davao del Sur

Iris Island Resort, Sulu Sea, Davao City, Davao del Sur

Palawan, Philippines · 12.0 acres · Leasehold

$4,900,000 USDListed 1 days ago
Acreage
12.0
Price/acre
$408,333 USD
Ownership
Leasehold
Development
Partially Developed

About This Island

Iris Island Resort is a premier destination for travelers seeking an unforgettable vacation. Situated on a stunning private island, this resort offers breathtaking views of the crystal-clear waters of the South China Sea. There is a small two room house that serves as owners accommodation on top of the island that is not completed and there are 8 guest villas, one spa villa, reception and a clifftop restaurant. It has previously been run as a small eco resort with owner accommodation on top of the island but has great potential to expand the resort or to potentially build a private luxurious home, with room for helicopter landing, etc. Now that this beautiful resort listed for sale, you have a unique opportunity for the discerning investor to own a piece of paradise. With its stunning location and well-established reputation, Iris Island Resort is an excellent investment opportunity.

Insights

Everything You Need To Know

Location
Philippines
Approximate
Climate & Risk

Southeast Asia

High Storm Risk
Monthly Probability Of Named Storm
2%
1%
1%
2%
5%
12%
22%
28%
22%
18%
10%
5%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Best Months To Visit
November – April (varies by location)
Avoid
July – October (Northern Philippines)
Avg Named Storms / Year
19.3
Major Hurricanes (Last Decade)
24
Northern Philippines is the most typhoon-exposed region in the world (15+ per year). Southern Philippines, Indonesia, and Thailand are below the typhoon belt — far lower risk. Bali sees nearly zero direct cyclones.
Sources: NOAA NHC, IPCC AR6, World Bank Climate Knowledge Portal · Updated 2026
Buying In Philippines

Foreign Ownership Restricted

!

Foreigners cannot own land. Can own condos or lease land up to 50+25 years.

Ownership
leasehold
Transfer Tax
1.5% documentary stamp
Annual Property Tax
1-2% of assessed value
Closing Time
60-120 days
Legal Fees (typical)
7.0% of price
Required Permits
SIRV or investor visa
True Cost Estimator

What This Island Will Actually Cost

Beyond the asking price: closing, infrastructure, and the first year of operating costs.

$4.9MUSD
$300K$50M
Year-One Total Cost
$5,748,9501.2× Purchase
Purchase
$4,900,000
Closing Costs (~7%)
$343,000
Infrastructure
$300,000
Year 1 Operating
staff + tax + insurance + maint
$205,950
$4,900,000 USD
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