SAVOY Condo hotel this is a good investment in  Lapu-Lapu City Cebu.
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Property Updated Aug 11, 2022Views: 22

SAVOY Condo hotel this is a good investment in Lapu-Lapu City Cebu.

₱ 9,540,000
  • For Sale
  • Condotels
  • 1 Bedroom
  • 1 Bathroom
  • 31.8 sqm.
Property posted by:
Cristian Lendero
Last online Dec 20, 2022
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Property posted by:
Cristian Lendero
Last online Dec 20, 2022
Contact the Seller
There are 105 buyers looking for Condominiums and Apartments For Sale in Lapu-Lapu, Cebu.
Property Details
  • Condominium/Apartment Type: Condotels
  • Number of Bedrooms: 1 bedroom
  • Number of Bathrooms: 1 bathroom
  • Unit Size in sqm: 31.8 sqm.
Description

Facts about investing a unit in Belmont Mactan Hotel and

Savoy Mactan Hotel

- all room units has individual Condominium Certificate of Title

- Annual profit sharing of 92% and 8% (92% of the Net Annual Rental Income shall be shared appropriately among unit owners, 8% of the NARI shall be for Hotel management share)

- Guaranteed income even if no one stays in your unit the entire year

- 30 days free night stay in the entire year that can be USED, SHARE OR SELL

- The hotel management will do the marketing of the hotel to guarantee earnings of the unit owners

- No need to buy parking

- No monthly association dues, utility bills, and other fees that are normally paid in a condo residence

- While earning annually, the unit value appreciates approximately 5-8% per year

- Passive Income a worry free investment

- You may use other units if your unit is not available at the time you want to use it

- You may use more than one unit at the same time to maximize the 30 days free night stay

- The 30-day free night stay comes with free breakfast

- No more problem with repairs and maintenance, rental collections, and hiring of rental managers.

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Property posted by:
Cristian Lendero
Last online Dec 20, 2022
Contact the Seller

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