Hotel for Sale in Malate, Manila

Metro Manila, Manila, Malate
Sale: ₱ 586,000,000
Hotel / Resort for sale in Malate, Metro Manila near LRT-1 Vito Cruz
Full description

Listing ID: C716

Hotel / Resort for sale in Malate, Metro Manila near LRT-1 Vito Cruz

Hotel for Sale in Malate, Manila

Code: C716

Lot area: 1,419.60sqm
Floor area: 4,630.15sqm
Current Pandemic Monthly Income: Php794k/month
Pre-Pandemic Monthly Income: Php6.6M/month
Return: Pre-Pandemic 13.65%; Pandemic 1.62%

Note: Appraised value: Php620,357,318
Case study done by Shangri-la resulted in 8 year ROI
Update 11/3/21: Currently non operational; Contract as Quarantine Facility has ended


Selling price: 586,000,000
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