Fully furnished condo hotel

	REAL ESTATE OVERVIEW

Location Barangay Maribago, Lapu-Lapu City
Offering Development (with a variety of units to choosen from)
Property Type Condo Unit
Transaction For Sale
Asking Price P 1,850,000 ~ P 2,450,000
Floor Area 30 m² ~ 35 m²

	PRICING INFORMATION

P 1,850,000 ~ P 2,450,000

SHOW CURRENCIES US$ 42,088 ~ US$ 55,738 € 29,220 ~ € 38,696 A$ 45,728 ~ A$ 60,559 £ 20,424 ~ £ 27,048 C$ 40,144 ~ C$ 53,163 FJ$ 68,772 ~ FJ$ 91,077 HK$ 326,198 ~ HK$ 431,992 S 176,014 ~ S 233,099 ¥ 4,819,554 ~ ¥ 6,382,652 MR 140,828 ~ MR 186,502 SAR 157,453 ~ SAR 208,518 S$ 61,171 ~ S$ 81,010 R 274,417 ~ R 363,417 D 154,548 ~ D 204,672

	PROPERTY DESCRIPTION

EGI RESORT CONDOTEL

The EGI Mactan Cebu Hotel is a proposed condominium hotel building to be constructed within the complex of EGI City by the Sea Resort & Hotel.

This twelve (12) storey condominium project sits on a prime lot area of 1,844 square meter, fully equipped with state of the art telecommunication facilities such as wi-fi and broadband (giving you instant wireless connection & high speed internet access) and planned & designed as a five star deluxe hotel using the latest and most innovative engineering and construction technology to render the structure earthquake & fire resistant.

It has 19 units per typical floor for a total of 170 rooms and suites to include the two (2) Penthouse units.

Located on a 4.5 hectare prime lot, right beside the blue waters of Maribago, Mactan Island, the EGI Mactan Cebu Hotel is designed as a fully furnished condo hotel with furniture, fittings and appliances and provided with international hospitality service including concierge. The hotel offers the warmth & comfort of one’s home combined with state-of-the art resort facilities to include beach/sea front, large swimming pool, children pool & playground, snack bar/ restaurant.
There are two 8-level residential condominiums in the complex, providing accommodation as hotel & service apartment. E Ganzon Inc. presently operates 55 condominium units as a hotel. The need for another hotel accommodation is clearly felt in the light of the significant increase of tourist arrivals in Mactan, Cebu, both for local as well as foreign guests. Aside from being the site of the International Airport, Mactan Island is a growing tourist destination as well as a base link to other tourism sites in the region.

Technical Aspect

1. Land Area allocated for this development is 1,844 sq. meters
2. The Condominium hotel structure is 8,356 sq. meters spread over 11 floors consisting of:
- 2 special penthouses apartment
- 19 units per floor with a total of 170 rooms (9 superior rooms and 10 suite rooms)
- swimming pool in the penthouse level
- commercial space/function rooms in the ground floor
- restaurants/office space in the ground floor
3. A driveway will be constructed to provide a direct drop off point to guest from complex entrance
4. Parking is provided by the complex even beyond the property limit of this development
5. A water cistern and an overhead water tank are considered, including a separate overhead tank for flushing water
6. Provision of individual metering for water and electricity
7. Two (2) passenger lifts and (1) service lift are provided
8. Full standby power capacity generator is provided.
FULLY FITTED, FULLY FURNISHED WITH EQUIPMENT AND FURNITURE
SUITE UNIT (SEA VIEW)=35.42 sq.m. (381.26 sq. feet)
PRICE: Php 2,450,000.00
SUPERIOR UNIT (MOUNTAIN VIEW) = 29.90 sq.m. ( 289.55 sq. feet)
PRICE: Php 1,850,000.00

Location : Maribago, Lapu-Lapu City, Cebu
Price Range : P 1,850,000 to P 2,450,000
Convert : P 1,850,000 to P 2,450,000

Payment Terms : ***SUITE UNIT (SEAVIEW) ***
One year to pay:
Downpayment: Php 50,000.00
12 mos. to pay:Php 181,250.00 per month
on the 13th month: Php 225,000.00
Two years to pay:
Downpayment: Php 50,000.00
24 months to pay: 113,825.00 per month
MINIMUM GUARANTEED INCOME OF PHP 10,000.00 PER MONTH

***SUPERIOR UNIT (MOUNTAIN VIEW)***
One year to pay:
Downpayment: Php 50,000.00
12 mos. to pay:Php 135,416.70 per month
on the 13th month: Php 175,000.00
Two years to pay:
Downpayment: Php 50,000.00
24 months to pay: 85,369.00 per month
MINIMUM GUARANTEED INCOME OF PHP 8,000.00 PER MONTH
Note: Investor/Buyer shall start receiving his minimum guaranteed income one(1) year after full payment/settlement of account.

	AREA DETAILS

Security The building of this property has 24 hour security.
Neighborhood Area Resort central
Proximity to...

General Hospital		10 min
Downtown Area		10 min
Seaside		1 min
Shopping Mall		10 min
Police Station		10 min
Fire Station		10 min
Domestic Airport		10 min
International Airport		10 min