Prime Investment Opportunity: Venezia Suite Hotel for Sale in Jaro, Iloilo City

Built in 2019, this new hotel located in Jaro, Iloilo City, consists of 17 hotel suites, a large conference room, cafeteria and kitchen and three commercial spaces/shops. The hotel is three stories with 11 deluxe rooms measuring 18-24 square meters, 4 family rooms measuring 28-32 square meters and 2 apartment units with 26-30 square meters floor area. All units have own toilet and bath, furnished with beds, split-type AC units, chairs and tables, refrigerator, 43” LED TV, water heater, fire alarm and sprinkler system, and provision for CATV.

Asking Price: P80 Million NET
Price is negotiable. Serious buyers please write a Letter of Intent.

Address: Venezia Suite Hotel, Lawa-an Village, 5th Street, Jaro, Iloilo City
Land Area: 575 square meters (Titled Lot)
Total Floor Area: 842 square meters
Usable Area: 1,083 square meters
Zoning: Commercial C2

Building Features:
Reception/Lobby
Admin Office / archive
Guest Lobby powder room
Staff Room with T&B
Fire Sprinkler
Water well
All common areas with LED Lights
Fire Exits
Fire Alarm & Automatic Fire Sprinkler
Fire Cabinets
CCTV
5-8 Parking Space
Standby 75KVA Generator with ATS
Open Terrace
Deep Well water source

Commercial Spaces/Shops Features:
Shops with Floor Area ranging from 24 to 28 square meters
Separate electrical meter
Own toilet
Kitchen & Cafeteria with floor area of 60 square meters (Venezia Cafè)
10 Tables & Chairs
Fully equipped Kitchen
Conference room with 40 square meters floor space
Fully furnished Conference Room