MyVan Cityscapes Tower I(Ready for Occupancy Condo) URBAN LIVING AT AFFORDABLE PRICE
*Location Panagdait, Cebu City (Near Sykes Call Center)
*5-10 minutes drive to SM City & Ayala Business Center
*Major access road from Cebu to Mandaue & Vice Versa
BUILDING FEATURES:
* Hotel Lobby and Reception Area
* Two elevator units
* Indoor parking
* Roof deck (swimming pool, function room, viewing deck)
* Fire alarm and sprinkler system
* CCTV system
* Commercial area (for Lease) Cafeteria, Laundry Service, Internet Café
AMENITIES:
*Roof Deck
*Swimming Pool
*Function room
*Common Activity Area
Basement
Parking Slot
1st floor
Hotel Lobby & Lease Area
2nd floor
Myvan Corporate Office
3rd – 9th floor
Condotel Units
10th – 16th floor
Residential Units
Ready for Occupancy CONDOTEL UNITS AS MARCH 2012
Units : 1603 to 1608
Floor area : 20.87sq.m.
SELLING PRICE : Php2,329,638.15
Condotel unit features:
— the same with residential units except for kitchen countertop and cabinets
— additional features are:
• Beds
• Coffee Table
• Water Heater
• Television with Cable / Internet
• Closet / Dresser
• Bathroom Finishes
• Wall-mounted Airconditioning Unit
• Sofa set (for Presidential & Junior Presidential Suites)
• Minibar (for Presidential Suite)
• Bathtub (for Presidential Suite)
Rental Pool Programme
• Owners of the unit may produce rental revenues,making the ownership of a unit an income-generating investment.
• It will be managed by a professional hotel management operator
• No more association dues or maintenance fees
• Enjoy 30 days free stay in the hotel for one year !
Projected Annual Income
Assumptions :
• 85% hotel occupancy rate,which is the average hotel occupancy rate of quality hotels in Cebu
• Operating expenses including hotel management fees is estimated at 60% of the total revenues.
Based on these assumptions,the projected annual income of a standard condotel unit would be Ph 167,000 ! Thus,you will be able to recover your investment in less than 10 years and afterwards would earn income from the hotel operations perpetually. The shared income will be distributed to the condotel owner,per their square meter ownership,on a quarterly basis.
Reservation Fee: PhP 20,000.00
Parking Slot (optional): PhP 500,000
TERMS AVAILABLE - As of
MARCH 2012.
A) Spotcash: Within 30 days from Reservation date - 10% Discount
Within 60 days from Reservation dare - 8% Discount
B) With Spot Downpayment:
30% Spot DP; 70% Balance spread over 3 months @0% INTEREST less 2.5% disc. on TCP
50% Spot DP; 50% Balance spread over 3 months @0% INTEREST less 3.5% disc. on TCP
20% SPot DP; 80% Balance Thru Bank/Pag-ibig/In-House - less 3% disc on DP
30% Spot DP: 70% Balance Thru Bank/Pag-ibig/In-House - less 4% disc, on DP
40% Spot DP; 60% Balance Thru Bank/Pag-ibig/In-House - less 5% disc. on DP
50% Spot DP; 50% Balance Thru Bank/Pag-ibig/In-House - less 6% disc. on DP
C) Easy Installment: 100% Spead over 3 Months @ 0% INTEREST less 2% discount ON TCP
For more information and site viewing please call:
Ma. Sandra A. Lim
Real Estate Broker
PRC Lic 5798
Affiliated w/ Land Asia Realty
Landline : 4187035
Mobile : 09228913246
