Price on requestListed 17 days ago
Acreage
118.0
Ownership
Leasehold
Development
Non Developed
About this island
Also known as West Nalaut, Dao Island spans 47.9 hectares and is located off the west coast of Busuanga Island – the second largest body of land within Palawan province. Dao is an exceptional property for several reasons.
Buying in Philippines
Foreign ownership: Restricted
Types: leasehold
Stamp duty: 1.5% documentary stamp
Property tax: 1-2% of assessed value
Closing timeline: 60-120 days
Foreigners cannot own land. Can own condos or lease land up to 50+25 years.
Source: island-seeker.com