The South Reef Condotel studio in Mactan Cebu FOR SALE

THE REEF HOTEL & RESIDENCES to your client. I hope you find all these photos of the project and the video (below) helpful. I have attached the complete list of available condotels. Notice that a typical 40 sq.m. condotel would cost P5,440,893 + P500,000 for furnishing and appliances to make it hotel-ready. Misc. Fees is 4.5% of the NET contract price.
Tower 2 (the narrower building) offers the condotel concept. Meaning, you own a unit and The ABACA Group (kindly google) will run it like a hotel. I have summarized the advantages of investing in this project:
14 days free stay a year, transferable (others even arrange/collect for fee lower than the hotel rate), but not convertible to cash.
in excess of 14 days, best daily/promo rate will apply
profit distribution is quarterly; deposited to respective accounts
6%-8% conservative ROI estimate
Expat manager has already been hired, on board since March 2019
ABACA plans to soft-open in September 2019 for their 2 floors of hotel at The REEF, tower 1.
Having ABACA operating The REEF, its restaurants including the Sky Bar on the 25th floor prior to tower 2 opening, would mean smoother operations for the latter. 
For more information, reservation, site visit (FREE) and sample computation:
Jason Balledo | Division Manager * Bachelors Realty    ???? 097565-84---- (viber)    [email protected]    Visit my website for more property:
https://www.bachelorsrealty.com.ph/jasonbal----