Fully Furnished CondoTel at Savoy Hotel Mactan Newtown

Cebu, Lapu-Lapu, Mactan
Sale: ₱ 9,900,000
1 Bedroom Condo for sale in Mactan, Cebu
Full description

Listing ID: 2021-458

1 Bedroom Condo for sale in Mactan, Cebu

Investment Opportunity at Savoy Hotel Mactan Newtown, a 4-Star Ready for Occupancy Condo-Hotel in The Mactan Newtown, a township mega-community on Mactan Island, home to retail shops, a Cyberpark, high-end office towers, and leisure facilities.

Guests will be happy to find Newtown Beach is within easy walking distance from the hotel. Ideally, Mactan-Cebu International Airport is just a 15-minute ride away.

Travel to the historic resort city and discover a new level of comfort and convenience at Savoy Hotel Mactan Newtown. The 18-story hotel has a comprehensive set of facilities and services to suit your needs.

With its 547 guest rooms, Savoy Hotel Mactan Newtown is the biggest hotel in terms of the number of rooms on Mactan Island and the 2nd biggest in the entire Cebu

The Mactan Newtown is Megaworld’s first beachfront-inspired township is the company’s first township development outside Metro Manila. This mega-community combines high-end office towers, luxury condominiums, leisure amenities, retail shops, upscale hotels, and school – The Newtown School of Excellence.

“HASSLE-FREE” INVESTMENT:
** Guaranteed Return-of-Investment! Get your Annual Profit Every Year! Guaranteed HIGHER ROI at 8% to 14% annually
It is a unique investment opportunity that will allow investors to purchase a unit at the hotel.
** Investors can be the owner of a condo-hotel unit and you will be granted the “Deed of Ownership” similar to that of a Condominium – Perpetual Ownership with CCT
** The Hotel will be operated and managed by “Megaworld Prestige and Resorts, Incorporated” which is also owned by Megaworld International.
** The unit will then be rented out to business and pleasure travelers that visit the beach resort in Mactan Island, Cebu.
** The unit lease will last for (15) fifteen years and it will renew automatically. Your income with the purchased unit will be Guaranteed! The hotel also will offer guests a Swimming pool, Bar Lounge, Massage Deck, Business Center, and a Gym.
** Free 30 room nights per year
** Can occupy up to 10 rooms simultaneously for one night
** Room nights are inclusive of breakfast, toiletries, housekeeping, and concierge services.
** Free room nights are for unit owners to enjoy, give away, or sell
** No Association Dues

Sample Computations (updated on September 4, 2021):
______________________________________________________
EXECUTIVE SUITE (47 SQM):

UNIT PRICE: P9,940,500.00 (Unit 1220)
FIT-OUT COST: P3,454,500.00
RESERVATION FEE: P25,000.00

LEASE TO OWN PAYMENT:
Month 1 SPOT 10%: P969,050.00
Month 2 to 25 with 0% interest: P41,418.75/MONTH
Month 25 – Fit Out Cost: P3,454,500.00

80% BALANCE THRU SPOT CASH OR BANK FINANCING (P5,247,000.00)
______________________________________________________
** also available TWIN SUITES (23 SQM):

UNIT PRICE: P4,743,750.00 (Unit 311)
FIT-OUT COST: P1,811,250.00
RESERVATION FEE: P25,000.00

LEASE TO OWN PAYMENT:
Month 1 SPOT 10%: P449,375.00
Month 2 to 25 with 0% interest: P19,765.63/MONTH
Month 25 – Fit Out Cost: P1,811,250.00

80% BALANCE THRU SPOT CASH OR BANK FINANCING (P3,795,000.00)
______________________________________________________

AMENITIES:
Swimming Pool
Sunbathing lounge
Pool barChildren’s pool
Herb/flower garden
Fitness center
Male/female shower and changing rooms with toilets

WHY ARE you STILL READING THIS? CALL US NOW!

COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

WARNING: Avoid fly-by-night agents, DEAL only with competent licensed real estate brokers to protect your hard-earned money!
Key features
Facilities
  • Swimming pool Icon Swimming pool
  • Air conditioning Icon Air conditioning
  • Gym Icon Gym
  • Internet Icon Internet
  • Security Icon Security
  • Car park Icon Car park
  • Garden Icon Garden
  • Balcony Icon Balcony
  • Sauna Icon Sauna
  • Children's area Icon Children's area
  • Electricity Icon Electricity
  • Panoramic view Icon Panoramic view
  • Elevator Icon Elevator
  • Water Icon Water
  • Alarm Icon Alarm
  • Office Icon Office
  • Utility room Icon Utility room
  • Video cable Icon Video cable
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Details on Gabriel Realty & Brokerage

Listing provided by Gabriel Realty & Brokerage who have 462 other listings.

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