Listing ID: 4196807
1 Bedroom Condo for sale in Malate, Metro Manila near LRT-1 Pedro Gil
LIVE ON TOP OF A 5-STAR HOTEL IN MALATE!
Located at the coner of Malver st. and Vasquez St., Malate
***First 15 Floors of the project will be a 5-star Hotel***
For end -users:
-A very prominent address
-Walking distances to
>PWU, PCU, and St. Paul University
>UP PGH and very near Manila Med and Manila Doctors Hospital
-Very near mall and commercial establishments
(Walking distance to Robinsons Manila)
-Generous and spacious unit layouts
-Very Generous amenities including study halls for a wholistic lifestyle
-Located in Malate. A place with high number of foreign buyers, renters, vacationers and those that stay long for business.
-Surrounded by a number of known schools in the Philippines (good student market)
-High-rental rate (1 Thousand per sqm.)
-Caters professionals working in Malate area, Makati CBD and Manila area
-Still in a pre-selling state so promises a big chance of high value appreciation specially due to its location.
-(expectant of a skyrocket In value increase when the hotel component is established).
Possible Return of Investment
1. Price Increase before turnover,
Increase/year: 5%-10% increase
Sample: Studio- P4,318,800
After 5% increase: P4,534,740
2. Current Rental Rate: 1k/sqm
for a 21.59sqm studio- 22k/ mo. is furnished, upto 25k/mo.
-Possible rental rate increase due to location and further development of Malate Area
***Spacious Studio, 1BR and 2BR units available***
INQUIRE NOW!!! Free site trip and assistance
By a Licensed Broker