For Sale: Hotel & Casino in Manila City
Metro Manila, Manila, Ermita
Sale: ₱ 400,000,000
Full description
Listing ID: AI24-0057 1A
128 Bedroom Hotel / Resort for sale in Ermita, Metro Manila near LRT-1 Central Terminal
AI24-0057 1A
For Sale: Hotel & Casino in Manila City
Lot Area: 7,500 sqm
Floor Area: 70,238.95 sqm
Additional 2.2 has vacant lot at the back of the hotel
18-Storey Hotel
128 rooms (96 Deluxe & 32 Suites)
800 Parking Slots
11 Elevators
3 Floors Gaming Area
Income Generation Details (2018)
Income from Casino: Php 366M
Income from Bingo: Php 45.8M
Income from Non-Gaming: Php 168.7M
PAGCOR issued permit to operate for 15 years starting 2015
Sharing is 60-40 in favor of PAGCOR after deducting 5% franchise tax.
No other fees being charged by PAGCOR
Selling price: USD 400,000,000 (negotiable)
For Sale: Hotel & Casino in Manila City
Lot Area: 7,500 sqm
Floor Area: 70,238.95 sqm
Additional 2.2 has vacant lot at the back of the hotel
18-Storey Hotel
128 rooms (96 Deluxe & 32 Suites)
800 Parking Slots
11 Elevators
3 Floors Gaming Area
Income Generation Details (2018)
Income from Casino: Php 366M
Income from Bingo: Php 45.8M
Income from Non-Gaming: Php 168.7M
PAGCOR issued permit to operate for 15 years starting 2015
Sharing is 60-40 in favor of PAGCOR after deducting 5% franchise tax.
No other fees being charged by PAGCOR
Selling price: USD 400,000,000 (negotiable)
Key features
- Beds: 128
- Baths: 128
- Usable area: 70,238.95 m2
- Land area: 7,500 m2
Facilities
- Air conditioning
- Car park