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Do you know who owns the property where Mimbalot Falls is located? Does the goverment owns the propery? Well anyway, wether it priviatly owned or not, people should take care of it.
As far as i know, it was owned by the Gerona Family. They actually developed the place and contructed huts but due to losses they were forced to close it down (there were also internal problems in the Family as well). I also hope the city gov't take care of it coz it's really a good place to invest in.
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I can not give you an exact day to day rate. I have stayed at Elena Towers many times and I pay about 5000 Peso per week... more
