HOTEL101 CEBU MACTAN AIRPORT — SOLD-OUT CONDOTEL, 30% PAID (PASALO)

Cebu, Lapu-Lapu, Pusok
Sale: ₱ 5,500,000
Full description

Listing ID: 019fcaec-1f32-756e-ab66-eb6d4af7b650

1 Bedroom Condo for sale in Pusok, Cebu

HOTEL101 CEBU MACTAN AIRPORT 5TH FLOOR ( PASALO ) — SOLD-OUT CONDO HOTEL, 30% PAID


PASALO / ASSUMPTION OF BALANCE

The buyer will take over the Hotel101 unit at its original pre-selling contract price.

The buyer must:

Reimburse the seller for the 30% down payment already paid.

Assume and continue payment of the remaining outstanding balance with Hotel101, subject to Hotel101’s approval and transfer requirements.

Pay applicable transfer, documentation, and other related fees, unless otherwise agreed in writing.

Opportunity to acquire a Hotel101 Cebu Mactan Airport condotel unit through pasalo / assignment of rights before turnover.

The seller has already paid approximately 30% of the contract price. The buyer will reimburse the seller for the verified amount paid, subject to the agreed terms, documentation, developer approval, and applicable transfer/assignment fees. The buyer will then assume the remaining contractual obligations and payment schedule with the developer.

Property highlights

Hotel101 Cebu Mactan Airport

Located near Mactan-Cebu International Airport, Lapu-Lapu City, Cebu

Approximately a 5-minute walk from Mactan-Cebu International Airport

30% already paid by the seller

Pre-turnover pasalo opportunity

Expected turnover: end of 2026 or early 2027, subject to the developer’s official construction, completion, turnover, and handover schedule

Hotel101 Cebu Mactan Airport was announced as 100% sold out, making this a resale/assignment opportunity for an otherwise unavailable unit.

Planned as an 8-storey, 548-room airport hotel with amenities including a convention center, business center, retail area, rooftop bar, spa, gym, and swimming pool.

Positioned for airport-related business travel, leisure travel, transit stays, and visitors to Mactan and Cebu

Hotel101’s condotel model is designed for hotel management after turnover, subject to the buyer’s enrollment and the prevailing owner-program and management terms.

The proper process is usually:

Buyer reviews your Contract to Sell, latest Statement of Account, payment receipts, unit details, and payment schedule.

Buyer and seller agree on the pasalo amount and who pays transfer-related fees.

Hotel101/developer confirms whether assignment is allowed, its current requirements, and total transfer/processing fees.

Seller and the buyer sign a properly documented Deed of Assignment of Rights or developer-approved transfer documents.

The developer approves the transfer and updates its records so the buyer becomes the recognized purchaser.

The buyer pays the remaining balance directly under the developer’s updated schedule.

At turnover and after completion of requirements, the unit/title process proceeds in the buyer’s name.
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Listing provided by Serafin Santos who have 5 other listings.

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Cebu, Lapu-Lapu, Pusok
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