FOR SALE: SAVOY HOTEL/ CONDOTEL IN NEWPORT PASAY STUDIO

SAVOY HOTEL is strategically located in Andrews Avenue, Newport -walkable to Resorts World Manila. What makes this different from the neighborhood is its unique condotel features. It is operated as a hotel, generating income for all unit owners at around Php 400,000- 800,000/ year plus profit sharing. Owner also gets to stay for 30 free nights per year, which he may opt to sell at Php 3,000-5,000/night which gives an additional income of Php 90,000-150,000/year.

This is a better option than having your unit be under AirBnB. Rest assured that your income is assured as this would be facilitated by the hotel management. Just imagine how many travelers would like to stay in a hotel walkable from the airport.

Studio Unit
21.30 sqm.
Fully furnished and interiored
Php 6,200,000 (Market price is at Php 8.5-9M already)
Photos available upon request
Rush sale

Note: Best to negotiate with Licensed Real Estate Brokers.

Please feel free to reach me for any of your concerns.