Condo for sale in Metro Manila near UST

Condormitel, combination of Condominium, Dormitory, and Hotel. Condo unit, run as a dormitory business, with hotel-like management and amenities. Units are fully secured with a Condominium Certificate Title (CCT) which you can trade, sell, and mortgage. Located across University of Sto. Tomas and near the top universities in Manila, University Home offers an attractive rental yield from a growing student population.

Unit Type A
4 Built-in beds
4 Built-in Cabinets
4 Individual Study tables
Built-in pantry
Air conditioning unit
32" LED TV
Water Closet
Water Heater
Provision for WiFi
Provision for Intercom

Each unit is fully-furnished with 4 bedspaces
AMENITIES
-Elevators
-Access Key Card per Unit per Floor
-Lobby
-Gym
-Swimming Pool
-Student Lounge
-Chapel
-Game Room
-Emergency Power
-24 Hours Security with CCTV room
-Commercial Spaces at the Ground Floor (Not for Sale)

Its facilities and its leasing operation are similar to a hotel. There will be a property management team who will look for tenants and manage the entire leasing operation.

✓All units will be leased out on a per bed basis by the University Home PROPERTY MANAGEMENT GROUP who also managed and operate University Pad in Taft, Manila and in P-Campa. After that, the total rental income will be pooled together and distributed to unit owners.

✓ Rented or not rented, guaranteed monthly income for unit owners.

All Doc Taxes shouldered by Seller
Total Contract Price P 4,300,000
Earnest money P 100,000.00

Payment Terms
20% Spot Down payment P 840,000
20% in 12 mos P 70,000
60% Balance For Financing P 2,520,000