A new 14-storey Condo Residential Hotel will soon rise in
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The residences of MYVAN Cityscape will be greeted by a Grand Hotel Lobby. The 2nd floor houses the MYVAN Corporate office¸ 3rd 9th floor is for the Condotel Units¸ and 10th 16th floor is the residential units. The roof deck includes swimming pool¸ function room, and viewing deck with 360degree panoramic view to Cebu,
An ideal destination to end your taxing day,
Condo-hotel start from 3rd to 9th floor, selling price range from 1.5M to 1.9M
Condo Residences start from 10th - 16floor, selling price range from 1.2M to 1.5M
BUILDING FEATURES:
• Hotel Lobby and Reception Area
• Two elevator units
• Indoor parking
• Roof deck (swimming pool, function room, viewing deck)
• Fire alarm and sprinkler system
• CCTV system
• Commercial area(for Lease) Cafeteria, Laundry Service, Internet Café
TCP: 1,553,090 (1 unit)
RF: 20,000
20% DP: (310,618-20,000RF) = 290,618
290,618 ÷ 18 months (Payable in 18months No Interest)
PHP 16,145.45/mo. (18months)
80% Bal: PHP 1,242,472
ACTIVE INVESTMENT “Buy-Hold-Sell” (150% ROI)
TCP: 1,553,090
2,019,017 (30% Conservative Price Appreciation during 18months development period)
Less: 1,242,472 (80% Balance from the developer)
776,545 (New Buyer Equity)
Less: 310,618 (20% 1st buyer DP)
Profit: 465,927 (150% ROI in just 18months)
PASSIVE INVESTMENT Condo-Hotel Rental Pool
Income Distribution:
Approximately 60% of the Gross Rental Income is deducted to cover the cost of operations of the Condotel Operation. The Balance of 40% of the Gross Rental Income is then divided equally among the number of Square Meters in the Rental Pool per Square Meter. Each unit owner in the pool will earn the same amount per square meter, regardless of actual unit usage.
Location Map
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