Myvan Cityscape Tower - A good Condotel investment

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MYVAN CITYSCAPE TOWER is a modern type Residential Condominium Tower rising in Panagdait,Mandaue City,Cebu,Philippines.

Offering Grand Residential Studio,1 Bedroom,2 Bedroom and 3 Bedroom Condos and Condotel Units in a prime location.



Strategically located along the boundary of Cebu and Mandaue City and major access roads by private and public transport.
With its towering 16 storeys, you can enjoy magnificent views to Mandau, Mactan Island,Cebu Golf and Country Club and the Beautiful Cebu Mountains.

Only meters away from Sykes Call Center,5 minutes drive to Macro,SM City,Ayala Business Center and just minutes away from schools,medical centers,shopping malls,golf courses,hotels and much more.



Amenities

• Hotel Lobby and Reception Area • Two elevators • Indoor parking
• 360 Degree Roof deck (swimming pool,function room,viewing deck)
• Fire alarm and sprinkler system • Fire Exit • CCTV system
• 24 Hour monitoring and security • Commercial area (for Lease)
• Cafeteria • Laundry Service • Internet Café • Landscape Gardens

Rental Pool Programme

• Owners of the unit may produce rental revenues,making the ownership of a unit an income-generating investment.
• It will be managed by a professional hotel management operator
• No more association dues or maintenance fees
• Enjoy 30 days free stay in the hotel for one year !

Projected Annual Income

Assumptions :
• 85% hotel occupancy rate,which is the average hotel occupancy rate of quality hotels in Cebu
• Operating expenses including hotel management fees is estimated at 60% of the total revenues.

Based on these assumptions,the projected annual income of a standard condotel unit would be Ph 167,000 ! Thus,you will be able to recover your investment in less than 10 years and afterwards would earn income from the hotel operations perpetually. The shared income will be distributed to the condotel owner,per their square meter ownership,on a quarterly basis.

Studio (20.17 sq.m.) ~ Corner Studio (24.36 sq.m.) ~ 1/2 Bedroom (40.34 sq.m.) 2/3 Bedroom (60.52 sq.m.) ~ 3/4 Bedroom (80.68 sq.m.)



Prices (Floor Areas : 20.17 sq.m. - 29.36 sq.m. - 33.45 sq.m.)

Condotel Units (3rd,5th,7th,9th and 16th Floors) : Ph 1,957,000 to Ph 3,218,100
Residential Units (11th,12th,14th and 15th Floors) : Ph 1,561,738 to Ph 1,747,200
Parking Slot (optional) : Ph 500,000 Pesos

Reservation Fee

Ph 20,000 Pesos
(Non transferable and non refundable but forms part of the Total Contract Price)



Payment Terms

SPOT CASH
• 10% discount on Total Contract Price
SPOT DOWNPAYMENT
• 30% Spot Downpayment wih 2.5% discount,the 70% balance over 18 months
at ZERO INTEREST
• 50% Spot Downpayment with 3.5% discount,the 50% balance over 18 months
at ZERO INTEREST

EASY INSTALLMENT
• 20% Downpayment Payable in 18 months at ZERO INTEREST,the 80% balance through Bank,Pag-Ibig or In-house Financing
• 20% Spot Downpayment with 3% discount,the 80% balance through Bank, Pag-Ibig or In-house Financing
• 30% Spot Downpayment with 4% discount,the 70% balance through Bank, Pag-Ibig or In-house Financing
• 40% Spot Downpayment with 5% discount,the 60% balance through Bank, Pag-Ibig or In-house Financing
• 50% Spot Downpayment with 6% discount,the;50% balance through Bank, Pag-Ipig or In-house Financing
• 100% Payable in 18 months at ZERO INTEREST with 2% Discount on Total Contract Price

DEFERRED PAYMENT
• 100% spread over 18 months at 0% interest with 2.0 % discount on Total Contract Price
• 20% Down Payment spread over 18 months at ZERO INTEREST,
the 80% balance payable through Bank,Pag-Ibig,or In-House Financing.


For booking a site tour, reservation and more info on the featured project, please contact:

Kim Jay Vinas
Property Advisor
Flaminia Realty

09324407951 (Sun)
Email: kjvinas@gmail.com
Site: facebook.com/primecebuestates

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up for tonight.

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up for tonight!