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Cebu Land
Your Partner In Finding Your Dream Home

Cebu City (Cebu, PH - 6000)
₱8,357,272 PHP to 12,912,558 PHP

"ONLINE CHAT" : realestatecebu@ymail.com
OR Visit my Website to see more listings at : www.cebuland.com


Mr. Edwin Alfornon
+63 9068074822(Cell)


 
Details

Address: Grand Cenia (HOTEL AND RESIDENTIAL) " READY FOR OCCUPANCY " at Ayala Cebu City, Cebu Philippines
Type: Condominium
Style:  Other
Size: 53 sq. m. "to 80 sq. m."
 
Description

CONDOMINIUM UNITS AND PRICES

1. One (1) Bedroom unit
50.52 sq. m.
Price: 8,357,272 - 8,390,485

- Dining area
- Living
and receiving area
- Kitchen
- Main bedroom
- Toilet and bath

2. Two (2) bedroom unit
75.78 - 80.72 sq. m.
Price: 11,402,468 –12,912,558

- Master’s bedroom
- 2 toilet and bath
- Bedroom
- Dining area
- Kitchen
- Living
and receiving area
- Utility/maid’s room

3. Three (3) bedroom unit (SOLD OUT)
110.89 sq. m.

- Master’s bedroom
with walk-in closet
- 2 bedrooms
- 2 toilet and bath
- Dining area
- Kitchen
- Living
and receiving area
- Utility/maid’s room

Payment Scheme :

Reservation fee : 70,000 (non refundable)

Option 1 : Spotcash with 8% discount

Option 2 :
10% downpayment 12months to pay No interest, the 90% balance thru bank
Choose Bank :
- UCPB
- BDO
- METROBANK
- PNB
-EASTWEST BANK

Option 3 : 12 Months Deferred Scheme
- TCP stretch to 12 months with 0% interest.

Option 4 : 20/80 Scheme
- 20% Downpayment 12 months to pay No interest
- 80% Balance payable in full or through in-house financing.

BUILDING FEATURES:

Features & Facilities
-Basement - The single basement level will house parking
slots, hotel back of the house, sewage treatment facilities
and water tank.


-Office / Commercial Floors - There will be 3 floors of
commercial spaces (portions of the Ground Floor,
the 2nd floor, and the 3rd floor).


-Podium Parking - There will be 3 floors of designated
parking spaces (the 4th, 5th and 6th levels).

-Condotel Floors - There will be 11 floors initially allocated
as condotel floors, later to be used for hotel operations
(from the 7th to the 18th floor). . The 7th floor will serve
as the main amenity floor


-Residential Condominium - There will be 7 floors initially
allocated for residential condo units (19th to the 25th floor)
These floors will feature 1BR, 2BR and 3BR units.

-Residential Condominium
From the 19th to the 25th floor:

Condotel Floors 7th to 18th floor: (SOLD OUT)

-studio type condotel units

-main amenity floor with swimming pool,

-kiddie pool,

-swimming pool deck,

-landscaped garden,

-function rooms / hotel coffee shop

CONDOTEL CONCEPT:

-The buyer is essentially buying a hotel room which
he can generate income from.
-The condotel units shall be pooled and operated as a hotel
-Rental pool income share from the hotel operation business will be remitted to each of the condotel unit owner at the end of every quarter.

The condotel will provide temporary living spaces for the buyers whenever they visit Cebu, whether for business or pleasure, and an investment tool that earns for them when not in use.

Condotel owners enjoy:
• a unit in a very prime location
• internationally-managed hotel operations
• free nights / discounted rates
• a very good return on investment

CONDOTEL UNIT AND PRICE:
Price: 3,064,000 – 4,883,100
Typical Size
24.54sqm

Condotel Income Computation:

A condotel unit owner’s share of the Rental Pool Income is computed on a per square meter basis. A square meter of actual condotel unit area is equivalent to full square meter for purposes of income computation. Such as 25 sqm of actual condotel unit has 25 square meters of area share.
The formula for the computation of a condotel unit owner’s share of the


Rental Pool Income is as follows;
A= Quarterly Rental Pool Income
B= Number of Days Condotel was Operational for the Quarter
C= Total Contributed Area to the Rental Pool per unit owner
D= Total Area of Rental Pool (all the member’s units combined)
E= Number of Days the Unit is in the Pool

The Individual’s Usages Income shall be computed as follows:
A x C x E
B D

Turn over of units : 2011
 
P2#17031952

Information is deemed to be correct but not guaranteed.