For sale 21sqm Condormitel in University Belt - Project Name University Home Recto in Quiapo Manila by Summitventure Realty Corporation

For sale!!!!
Condormitel (condominium+dormitory+hotel)
good for rental investment
target market: students
long term lease business opportunity

21 SQM unit with 2 bunk beds (4 pax provision)
1 bathroom with separate toilet and bath with heater

*still under developer
*developer name: Summitventure Realty Corporation
*under construction
*cash buyer
*if bank loan, needed to have pre-approved loan with the buyer's own collateral
*to be completed and turn over December 2026
*no title yet
*documentation fee Php70,000 included in the Purchase Price
*6% capital gains tax also included in the Purchase Price
*income-generating property

The Condormitel Concept
At University Home, you get the comfort of a condo, the convenience of a dormitory, and the amenities of a hotel.
University Home combines the best attributes of all three to form an attractive residence for students nearby. This, in turn, makes leasing our units a sustainable way to earn money as the demand for similar living arrangements continues to increase within the student population.

Units are fully secured with a Condominium Certificate Title (CCT) which you can trade, sell, and mortgage.
Located across Far Eastern University, University of the East, San Beda University, and near the top universities in Manila, University Home offers an attractive rental yield from a growing student population.