An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED! SOTOGRANDE TOWER at Residencia de Vistamar is a 9-storey tower in Spanish-Mediterranean architecture. The second to sixth floors are equipped with well-appointed hotel suites. (total of 77 units). The seventh to 9th floor are deluxe and regular residential units. (total of 48 units).
Hotel investors can earn an average of P25,750 in hotel rental income per month. In 1 bedroom residential unit, the owner can earn P30,000 to P35,000 per month if rented it out.
SOTOGRANDE TOWER is located on one Cebu's most breathtaking locations. It sprawls over a wide expanse of greens and overlooks the azure blue waters of Mactan,
At Residencia de Vistamar, everything is just a breath away.
It's all about spending quality time with your son at he beach. Or sharing a laugh or two with your daughter. or taking the chance to spend a day dedicated to each other. Ah! These are the luxuries that await you at the ultimate seaside retreat
INVESTORS BENEFITS
SOTOGRANDE AT RESIDENCIA DE VISTAMAR combines the features of a condominium and a hotel. It offers the opportunity of investing in a unit like and the management and the services of a hotel. The developer will form a management group that will manage, operate and market the units that will be joined the rental pool. Hotel units will be sold to individual buyers. These units purchased will serve as an investment. Units owners will then turn over their units to the management to be pooled, operated and marketed by the hotelier. This schemes allows the unit owners to gain income from their investment with having to deal with the daily operational requirements. Whether or not the particular unit was not occupied during the period, the unit owner gets the same shares with the rest of the units that has been occupied.Investors will derive income from the share of the net operating profit of the hotel based on the occupied rooms per year and total expenses. Aside from the steady source of revenue from the lease rentals, investors are also guaranteed of the following privileges.
*IMPRESSIVE PROPERTY APPRECIATION
*FULLY FURNISHED HOTEL SUITES
*WORRY FREE MAINTENANCE OF THEIR RESPECTIVE UNITS
*DISCOUNTED AND UNLIMITED ACCESS TO VISTAMAR
COUNTRY CLUB
*FREE USE OF THE UNITS FOR 30 DAYS IN A YEAR
AMENITIES IN BEACH RESORTS AND COUNTRY CLUB
*CLUBHOUSE
*FUNCTION ROOMS
*BALLROOM
*CONFERENCE & BANQUETS
1) GRAND BALLROOM 1 & 2
2) KTV
3) FINE DINING
*DISCOTHEQUE
*RESTAURANT
1) FOODS & BEVERAGE FACILITIES
*COFFEE SHOP/BAR
*SPANISH TYPE VILLA WITH AIRCONDITIONER & HOT/COLD WATER
1) BAY VIEW ROOMS
2) CABLE TV
3) MINI BAR
4) ROOM SERVICE
*OPEN TENNIS COURTS
*OPEN BASKETBALL / VOLLEYBALLCOURTS
*BILLIARDS
*BADMINTON
*DARTS
*SWIMMING POOLS
1) ETERNITY POOL
2) KIDDIE POOL
3) VILLAS POOL
HURRY ........... FEW UNITS ARE LEFT IN TOWER 1....
READY FOR OCCUPANCY UNITS LEFT:
PRICES:
HOTEL SUITE DELUXE (1 BEDROOM) FLOOR AREA= 55.26 (2ND FLOOR 7 UNITS)
PRICE /SQM.....................P67,000.00
TOTAL CONTRACT PRICE ...........P3,702,420.00
ADDITIONAL 10% VAT ................ P444,290.40
TOTAL AMOUNT DUE ..................P4,146,710.40
HOTEL SUITE REGULAR (STUDIO TYPE ) FLOOR AREA 38.40 SQM (2ND FLOOR 7 UNITS)
TOTAL CONTACT PRICE...................P2,572,800.00
ADDITIONAL 10% VAT ......................P 308,736.00
TOTAL AMOUNT DUE .......................P2,881,536.00
3RD FLOOR AVAILABLE UNITS----- 5 UNITS LEFT IN TUDIO TYPE & 4 UNITS OF 1 BEDROOM
4RTH FLOOR AVAILABLE UNITS---7 UNITS LEFT IN 1 BEDROOM
___________________________________________________________
ONLY 1 UNIT LEFT IN RESIDENTIAL UNIT
RESIDENTIAL SUITE DELUXE (1 BEDROOM ) FLOOR AREA= 55.26 SQM
PRICE/SQM ........................P62,000.00
ADDITIONAL PARKING AREA...............P400,000.00
TOTAL CONTRACT PRICE ....................P3,826,120.00
ADDITIONAL 10% VAT ......................... P459,134.40
TOTAL AMOUNT DUE .......................... P4,285,254.40
RESIDENTIAL SUITE REGULAR (STUDIO TYPE ) .....38.40 SQM
ADDITIONAL PARKING AREA .....................P400,000.00
TOTAL CONTRACT PRICE..........................P2,780,800.00
ADDITIONAL 10% VAT ................................P333,696.00
TOTAL AMOUNT DUE .................................P3,114,496.00
MODES OF PAYMENT
1. 20% downpayment with10% discount base on the downpayment.
80% balance payable within 2 years without interest
2.20% downpayment, then 80% balance payable 6 months without interest.
3.20% downpayment, then 80% balance payable within 5 years with 12% interest
/annum.
4.51% downpayment with 12% discount base on downpayment, balance payable
within 3 years without interest.
RESERVATION FEE IS P20,000.00
NOTE: 2ND TO 6TH FLOOR ARE HOTEL SUITES
7TH TO 9TH FLOOR ARE RESIDENTIAL SUITES
REMAINING AVAILABLE UNITS:
-2ND FLOOR--------------(14 CONDOTEL UNITS)
-3RD FLOOR--------------(9 CONDOTEL UNITS)
-4RTH FLOOR-------------(7 CONDOTEL UNITS)
-7TH FLOOR--------------(1 RESIDENTIAL UNIT)
click pictures above to enlarge
RESALE CONDO IN SENTINEL CONDOMINIUM LOCATED IN BANILAD CEBU CITY, READY FOR OCCUPANCY
PRICE =P6.5M ONLY (3 BEDROOMS)
P5M --------------------(2 BEDROOMS)
MORE LISTINGS OF CONDOMINIUMS FOR SALE AND HOUSES FOR RENT IN:
www.glorylandcebu.com
For more information please contact :
Mercy Mirata
Email : mercymirata@yahoo.com
Contact # : (032) 3442594 / 425-8056
Cellphone # : +639103843736
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