Fully Furnished Condotel for Sale in Panglao, Atharra Suites

This project is situated in 3.6 hectares of land in Panglao Island, with a total of 221 serviced suites and it is a hybrid concept of a condominium and hotel. The property providing relaxing amenities and valuable facilities that other less expensive hotels can’t, yet is easy access to our guests’ basic needs, safety, security, and leisure.

Atharra Suites Panglao is a 5-storey Condominium Hotel or Condotel project, a perfect investment in Panglao, Bohol. Located along the national highway of Panglao Island, Bohol, Philippines. Enjoy the island vibe and activities without spending too much on accommodation and a budget-friendly hotel that is a minute away from the largest waterpark resort in the country.

Atharra Suites Panglao brings you an investment opportunity with a high rate of return in a year! Don’t let your money sleep in the bank or buy depreciating assets. Buy your real estate property and let it earn for you while you are away or while you are sleeping! Higher than any other investment!

BENEFITS OF A CONDOTEL OWNER:
* Fully Furnished unit upon turnover;
* Passive income through serviced suite operation that will be deposited quarterly;
* Hassle-free income generation, Hotel operation will be handled by a property management company;
* Promising property appreciation due to neighboring developments;
* Equal dividend sharing regardless if actual unit is occupied or not
* No monthly dues while being managed by Property Management;
* 10 days free stay each year
* 10% room discount
* High Rate of Return of Investment

Sample Computations (updated on Sept. 1, 2021):
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FULLY-FURNISHED STUDIO CONDOTEL (21 SQM) – 17 units left

TOTAL CONTRACT PRICE: P3,078,592.06 (unit 528)
RESERVATION FEE: P5,000.00

30% EQUITY in 30 months with 0% interest: P17,012.00/MONTH

70% BALANCE THRU SPOT CASH OR BANK FINANCING
20 yrs – P15,439.20/month 
15 yrs – P18,185.24/month 
10 yrs – P23,925.09/month 
5 yrs – P41,662.49/month 
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HOTEL SERVICES: 
Rental & Reservation Desk Short-term Occupancy
Food & Telephone Services
Housekeeping Services
Laundry & dry cleaning services
Airport & Seaport TransportCar/ Motorbike RentalTravel & Tour ServicesMulti-purpose Hall Rental


BUILDING FACILITIES:
3 Elevators
Garbage Chute
Generator Set
Water Tank
Storage Facility
Pumping Units
Ready Telephone and Cable Lines
CCTV and Security System
Lobby and Reception Area
Mechanical / Electrical Room
Material Recovery Facility
Guardhouse

WHY ARE you STILL READING THIS? CALL US NOW!

COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

WARNING: Avoid fly-by-night agents, DEAL only with competent licensed real estate brokers to protect your hard-earned money!