Thursday, March 22, 2012

GRAND CENIA CONDOTEL AND RESIDENCES In Ayala

Grand Cenia Condotel & Residences (CLICK TO ZOOM)
Grand Cenia Condotel & Residences (CLICK TO ZOOM)
Location Map (CLICK TO ZOOM)

Swimming Pool View (CLICK TO ZOOM)
One Bedroom Unit (CLICK TO ZOOM)
Two Bedroom Unit (CLICK TO ZOOM)
Three Bedroom Unit (CLICK TO ZOOM)



Two unique investment opportunities in the central business district of Cebu. Condotel investment units – be a hotelier without the hassle. Take part in Cebu’s booming hotel industry without the hassle as your condotel (condo + hotel) unit earns while you’re away. High-end residential condo units – experience luxury living in the highest tower in the area complete with hotel amenities and services.
Grand Cenia is a 25-storey prime hotel and residential development in Cebu City by Filinvest. Grand Cenia offers 11 floors of hotel rooms to be managed by an international hotel management company. It is available for investors who will enjoy monthly guaranteed income from its hotel operations. Seven floors atop the hotel are residential condominium units for individuals’ and families’ convenience, comfort, and luxury.
Project Size  4,200 sqm (land area)

Location: Archbishop Reyes, corner Apitong Street, Cebu City Across Ayala Center and the Cebu Business Park
 
Community Size

2nd to 3rd floors commercial
BPO units for lease
112 residential condo units
432 condotel units

Amenities
  • Adult and kiddie pools
  • Landscaped garden
  • Function rooms
  • Business center
  • Coffee shops/restaurant
Accessibility Grand Cenia is strategically located along Arch. Reyes Ave. right across the Cebu Business Park

Product Offering

Residential

1-bedroom unit
Floor Area: 50.52 sqm
Price starts at: Php 5.494M and above

2-bedroom unit
Floor Area: 76.14 sqm
Price starts at: Php 7.962M and above

3-bedroom unit
Floor Area: 107.37 sqm
Price starts at: Php 11.333M and above

Condotel

Studio
Floor Area: 24.54 sqm
Price starts at: Php 3.064 M and above

Facilities

8 high-speed elevators (2 for the office and commercial floors; 4 for the hotel and residential floors; 2 service elevators)
Garbage Chutes for residential condominium floors
Generator set
Water tank / storage facility
Ready telephone and cable lines
Water and electricity supply
CCTV and security system
Hotel lobby and reception area with spacious guest lounge
Residential reception area
3 levels of podium parking
Bus Parking

Grand Cenia Terms of Payment - Condotels and Residential Units

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 ( with PDC) – 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%

Grand Cenia Condotel Units as Hotel Rooms
Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size). Bigger hotel rooms and adjoining units can be transformed and offered by the hotel as deluxe or suite rooms for guests.

THE Grand Cenia CONDOTEL OWNERS ARE REQUIRED TO PAY A JOINING FEE OF P250,000.00
AND THE HOTEL MANAGEMENT WILL BE THE ONE TO FURNISHED THE UNITS INTO A HOTEL SUITES.
THE CONDOTEL OWNERS HAS 14 DAYS FREE STAY EVERY YEAR PLUS 14 DAYS DISCOUNTED HOTEL RATE. THE RETURN OF INVESTMENT (ROI) ANNUALLY IS 15% TO 20% OR P35,000.00 TO P50,000.00 MONTLY FOR JUST A CONDOTEL AREA OF 24.27 SQM.
THE BIGGER CONDOTEL AREA IS THE MORE PROFIT SHARES, BECAUSE THE SHARING IS BASED IN PER SQUARE METER OF THE UNIT.
ONCE THE CONDOTEL OWNERS CAN PAY AT LEAST 40% OF THE CONTRACT PRICE, THEY ARE ALREADY ALLOWED TO ENROLL THEIR UNITS IN THE RENTAL POOL.
SO WHILE THEY ARE STILL PAYING THEIR UNITS, AT THE SAME TIME RECIEVING A PROFIT SHARES FROM THE RENTAL POOL.
THE PAYBACK PERIOD OF THE CONDOTEL UNITS IS 5 TO 6 YEARS IN RENTAL POOL. WHETHER YOUR UNIT IS OCCUPIED OR NON OCCUPIED, THE SAME PROFIT SHARING YOU CAN GET EVERY QUARTERLY.
CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE

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