4-storey condo-hotel (19 units) for sale in Punta Engano-Mactan @ P180M

FOR SALE: Four-storey condo-hotel with fifteen (15) spacious and furnished condominium units and a big pool, located in PUNTA ENGAÑO, LAPU-LAPU CITY. This is an income-generating property as its furnished units are being rented out as a condotel. This is near SHERATON RESIDENCES AND RESORT HOTEL, ARUGA Residences, MOVENPICK RESIDENCES and MOVENPICK RESORT HOTEL, AMISA CONDOMINIUM TOWERS, BE HOTEL and SHANGRI-LA RESORT HOTEL. The new owner of this entire building may operate this as condo-hotel or as a hotel. The place is very strategic and very accessible to all public transportation units. The building itself is of good foundation. The entire property is well-maintained and the condo units are newly renovated.

CONDO BUILDING DETAILS:
* has a solid foundation (building was completed last 2008)
* income-generating (2 million average monthly income)
* it has fifteen (15) furnished condo units - spacious and newly renovated

ALL CONDO UNITS AVAILABLE ARE FURNISHED:
* 12 units fully-furnished studio-type [floor area is 52-60 sq.m.]
* 2 units of two bedroom each [floor area is 109-115 sq.m.]
* 1 unit of 3 bedrooms (with loft) [floor area is 261 sq.m.]

NOTE: Each condo unit has a spacious balcony overlooking the pool.

CONDO AMENITIES:
* a guard house (with main entrance)
* a reflection/meditation pool
* a landscaped garden
* a big swimming pool
* a mini-forest

LOT AREA (of the building): 500 sq.m. [approximate]
FLOOR AREA: 1,144.50 sq.m. (excluding roof top)
AGE OF THE BUILDING: 13years

SELLING PRICE:
Php180,000,000

SALE TRANSACTION: NET LISTING
(Buyer takes charge of the sale taxes like the value-added tax, doc stamps tax, notarial fee, and transfer expense. Seller takes charge only of the broker's fee.)

OWNERSHIP: CORPORATION

For inquiries and assistance, please contact:

MARIQUITA "KETS" L. BOLIGOL
Licensed Real Estate Broker
License # 0005770
Leuterio Realty and Brokerage
Cebu City