For Sale: Hotel & Casino in Manila City

Metro Manila, Manila, Ermita
Sale: ₱ 400,000,000
128 Bedroom Hotel / Resort for sale in Ermita, Metro Manila near LRT-1 Central Terminal
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)
Key features
Facilities
  • Air conditioning Icon Air conditioning
  • Car park Icon Car park
Mortgage calculator
Details on Realus Realtors

Listing provided by Realus Realtors who have 13,336 other listings.

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