as of SEPTEMBER 7,2010 ---- 7 CONDOTEL units available

GRAND CENIA ---
Residential Condominium and Condotels



Building composition
The Grand Cenia Hotel and Residences building will be a 25-storey tower with a single basement.
Basement: The dual basement level will house parking slots, hotel back of the house, sewage treatment facilities and water tank.

Office/Commercial Floors: There will be 3 floors of commercial spaces
(portions of the Ground floor, the 2nd floor, and the 3rd floor). The hotel lobby, front desk area, business center, reception area of the residential condominium, restaurants, as well as the generator set will be situated on the ground floor. The 2nd and 3rd floors are allotted for offices and a possible call center or casino area.

Podium Parking: There will be 3 floors of designated parking spaces (the 4th, 5th and 6th levels). These floors will service the hotel guest parking requirements together with the residential condominium units’ individual parking allotment, Portions of the 6th floor are also allocated for function rooms, hotel back of the house, generator set and transformer.

Condotel Floors: There will be 11 floors initially allocated as condotel floors, later to be used for hotel operations (from the 7th to the 18th floor). These floors will feature the studio type condotel units. The 7th floor will serve as the main amenity floor, where the swimming pool, kiddie pool, swimming pool deck, landscaped area, and function rooms / hotel coffee shop are located. These facilities will be for the use of both the hotel guests and the residential condominium unit owners. There will also be condotel units on the 7th floor - codotel units with bigger saleable area as they are provided with open patios to better appreciate the pool deck and landscaped area.

Residential Condominium: There will be 7 floors initially allocated for residential condominium units - from the 19th to the 25th floor. These floors will feature 1BR, 2BR and 3BR units.


CONDOTEL--- 7 units available (as of 9/7/10)
The “Condo Hotel” or a Condotel is is an amalgamation of the features of a condominium and a hotel. The condotel units are pooled and operated as part of a functional hotel,managed by a hotel operator,complete with amenities a full service hotel provides. The income generated by hotel operations,from renting out the pooled condotel units,will then be subdivided to condotel owners on a per square meter basis.The annual return on investment has been projected at 15%.

TYPICAL FLOOR PLAN - CONDOTEL

CONDOTELS - We are projecting an annual return on investment of 15%.

RETURN OF INVESTMENT


---------------------------------------------------------------------------------------------------------------

Terms of Payment - Condotels and Residential Units

RESERVATION FEE - P50,000

1.) SPOTCASH - 90% Upon reservation and avail of a 10% discount.with the 10% balance payable upon turnover
2.) 2 YEARS TO PAY INTEREST FREE – monthly amortization to begin 30 days after reservation
3.) 20-80 SCHEME – 20% over two (2) years),with the 80% balance to be paid in full prior to unit turnover (Note:The 20% is payable in 24 months,to commence
30 days after reservation,with postdated checks.The 80% balance to be paid prior to turnover or in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%)
4) 50-50 SCHEME - 50% over two (2) years), with the 50% balance to be paid in full prior to unit turnover.
Note:The 50% is payable in 24 months,to commence 30 days after reservation, with postdated checks.The 50% balance to be paid prior to turnover,in cash or via in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%



for inquiries:
CONTACT
09235922023
09175680829