You can reach Burias Island from Camarines Sur. It is an 8-hour bus ride from Manila and 2-hour boat ride from Pasacao port.
For accommodation, there is only 1 hotel in the town proper (Sunset View) with rates (for me is) quite high. But if you are a budget traveler (like me) you can always go to MSS Fuentes. There are also huts in Sombrero Island if you want to stay there overnight.
There are plenty of sights to see in the town proper; several ranches (so-called “Island of Ranches”), well-preserved ancestral houses, the “Balinsasayaw” house, home of more than 80,000 swiftlets and the St. Pascual Baylon Church, one of the oldest church in Masbate province.
(you may check our budget and itinerary for this trip – Burias Island, Masbate)