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- ₱3,661,716
- (USD 63,833)
- Apartment / Flat 3 bedrooms
- For Sale
- Cebu City
Philippines
CHECK IF AVAILABLE
CHECK IF AVAILABLE
An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!
TURNOVER OF UNITS IN 2010
90% SOLD OUT IN CONDOTEL UNITS
20% SOLD OUT IN RESIDENTIAL UNITS
40% DEVELOPED CONSTRUCTION NOW
UPDATED MAY 2009
THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that is rising now along ARCHBISHOP REYES, right across AYALA CENTER CEBU AND THE CEBU BUSINESS PARK in 4,211 sqm lot.
SOUND INVESTMENT
The best thing about investing in GRAND CENIA HOTEL AND RESIDENCESl
Condominium is the rate at which the property appreciates. Since it is located near Cebu Business Park, a prime real estate area, annual property appreciation rates can range from 15% to 20% per year. Certainly, long-term value of the property around Cebu Business Park can only be expected to rise as more future developments continue.
THE DEVELOPER IS VERY STABLE AND WITH EXCELLENT TRACK RECORD 40 YEARS OF REAL ESTATE EXPERIENCE.
The ARCHITECTURE of the INTERIOR is mainly EUROPEAN IN THEME with clean lines that enject a minimalist sense to the space.
PRODUCT OFFERING:
1) Residential Condominium Units
a) 1 bedroom (49.98 sqm)
-with living area, dining, kitchen, bedroom w/ own privately
accessed, toilet & bath.
b) 2 bedrooms (74.97 sqm)
-master`s bedroom w/ own toilet & bath, second bedroom,
1 common toilet & bath, maid/utility room, living
area, dining and kitchen.
c) 3 bedrooms (107.35 sqm)
-master`s bedroom w/ own toilet & bath and walk-in
closet, second bedroom & 3rd bedroom share 1 common
toilet & bath,maid/utility room w/ toilet & bath,
living area, dining and kitchen.
All t ypes of units are configured in a way that will give the living and receiving area and all the bedrooms full advantage of the view that their unit windows offer. Depending on the location of their unit on the floor layout, their views would range from a panoramic view of the Cebu Business Park, the surrounding mountains and the amenity area.
Features of Residential Condominium Units:
- Finished painted plain cement plaster walls
- Painted smooth rubbed concrete ceilings
- High quality vinyl floor tiles with simulated
wood design
- Painted steel windows and frames
- Standard bathroom fixtures
- Solid wood panel doors for the main entrance
- Flush wood doors for the bedrooms
- Rigid PVC doors for the toilet and bath
- Pre-fabricated kitchen counters and cabinets
- Hot water provision, grease trap
- provision for window type airconditioning units
- Exhaust fans, exhaust ducts, intercom system,
- independent telephone lines, fire protection and
- Fire alarm system,
- Free 1 parking slot
2) Condotel Units (24.27 sqm)
Condotel owners enjoy the Following Benefits:
1) Very Prime Location, across Cebu Business Park
2) Very good Return of Investment
3) Hassle-Free
4) Global standard hotel services
Typical condotel units will have a standard size of 24.27 sqm, There are special condotel units on the 7th and 8th floors which will feature open patios to take advantage of their view of the city, the surrounding mountains and the swimming pool deck and landscaped area.There are also a number of condotel suite units which feature a hotel bedroom separate from the room receiving area. These units are sold and delivered bare of finishing and furnishing.
Condotel Units as Hotel Rooms
Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size).Bigger hotel rooms and adjoining units can be transformed and offered by the hotel as deluxe or suite rooms for guests.
THE CONDOTEL OWNERS ARE REQUIRED TO PAY A JOINING FEE OF P250,000.00
The Hotel Management will be the one to furnished the units into a hotel suites, Condotel owners has 14 days free stay every year, plus 14 days discounted.hotel rate.
The RETURN OF INVESTMENT (ROI) annually is 15% TO 20% or P35,000.00 TO P50,000.00 monthly for just a Condotel area of 24.27 sqm. The BIGGER CONDOTEL AREA is the more PROFIT SHARES, because the SHARING IS BASED IN PER SQUARE METER of the Unit.
Once the CONDOTEL OWNERS can pay at least 40% of the Contract Price, they are already allowed to enroll their Units in the Rental Pool, So while they are still paying their Units, at the same time RECIEVING A PROFIT SHARES from the Rental Pool.
The PAYBACK PERIOD of the Condotel Units is 5 TO 6 years in Rental Pool. Whether your Unit is OCCUPIED OR NON OCCUPIED, THE SAME PROFIT SHARING YOU CAN GET EVERY QUARTERLY WITH OTHER CONDOTEL OWNERS.
CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE PROPERTIES.
PROJECTED INCOME ROOM/NIGHT
Initial Room Rate Assumption (Php/Night)----P3,200.00
Disbursements to be Deducted (Operating Expenses)
-Maintenance Expenses
-Management Fees
-Taxes
-Other Expenses Incurred in the Regular Hotel Operations
Rough Assumptions - Rental Pool Income
Number of Rooms ------------------------P432
Rate per Night ----------------------------P3,200.00
Occupancy -------------------------------P85%
Room Revenue / night ---------------------P1,175,040.00
Room Revenue / month ( 30 days) ------P35,251,200.00
Assuming Rate of Expenses at ------------P65%
Potential Cash Distributable as Rental Pool Income (on average per
month) ---------------------------------P12,337,920.00
Condotel Area -------------------------11,187.08
Rental pool Income / sqm / month--------P1,102.87
Typical Area ----------------------------24.27
Income / Unit / Month --------------------P26,766.71
Expected Annual Room Rate Increase------8%
Return on Investments --------------------15.21%
Payback Period in Years ------------------P6.5737
One of the most notable points is the remarkable points in the Hotel Industry. For the past 5 years, the Hotel industry in Cebu has been flourishing.With the dynamic growth of local tourism, the surge of both local and foriegn investments, and businesses wanting to build their base in Cebu, the hotel industry is definitely set for a prosperous future.
Based on the Department of Tourism data on Hotel performance,
Deluxe,first class and standard hotels in Cebu enjoyed an average
occupancy rate of 70% for 2006. With Cebus increasing tourism
patronage, there will be a big shortage of supply for the hotel
industry in Cebu in the next 3 to 5 years.
The developer is currently looking to tie-up with Aston Resort International, an internationally renowned hotel & resort operator for the hotel operations of the project.The proceeds generated from hotel operations, basically from renting out the pooled units, will then be subdivided to the Condotel owners quarterly on a per square meter basis.
Commercial Spaces - Ground Floor with average area of 200 sqm. Its not for sale but for rent only. It is there also the East West Bank, various restaurants & etc.
Office Spaces- 2nd floor and 3rd floor with an average of 350 sqm,
for rent only
FEATURES
BASEMENT----Single basement level with house parking slots, sewage
treatment facilities and water tank.
OFFICE/ COMMERCIAL ROOMS---Ground floor, 2nd floor and the 3rd floor.
PODIUM PARKING----3 FLOORS (4RTH, 5TH & 6TH LEVEL)
CONDOTEL FLOORS----8TH TO 18TH FLOOR
7THFLOOR----Amenity floor: Swimming pool, Kiddie pool, view deck, landscaped area and function rooms/ hotel coffee shops. This facilities will be for the use of both the hotel guests and the residential condominium unit owners.
There will also be Condotel units on the 7th floor, units with bigger saleable area as they are provided with open patios to better appreciate the pool deck and landscaped area.
7 ELEVATOR SETS AND 3 PRESSURIZED STAIRWELLS.
POWER GENERATION SYSTEM----100% back up power supply
COMPLETE WATER & ELECTRIC SUPPLY, TELEPHONE. TV/CABLE AND INTERNET CONNECTION. ALSO INTERCOMS CONNECTED TO RECEPTION AREA IN THE LOBBY
BUS PARKING FOR TOURIST AND GUEST
_____________________________________________
UNIT LOCATION OF CONDOTEL
UNIT 1 TO 4 are facing the Amenities & Landscaped
UNIT 5 TO 8 are facing Mactan & Bohol
UNIT 9 TO UNIT 20 are facing AYALA & north side Cebu
UNIT 20 TO UNIT 31 are facing Talamban & mountains
UNIT 32 TO UNIT 35 are facing Lahug & mountains.
______________________________________________________
PRICELIST:
8th TO 18th Floor are CONDOTEL UNITS
19th TO 25th Floor are RESIDENTIAL UNITS
8th Floor to 18th Floor Condotel Units
UNIT 1----39.11 SQM
TOTAL LIST PRICE:--P4,155,829
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P4,883,100
90% Cash Out ---------P4,028,350
10% Retention payable on availability of Title ----P453,150
2)Deferred cash 24 months to pay.
Total Contract Price ----P4,883,100.00
Monthly Installments ----P210,606.36
3) 20/80 SCHEME
Total Contract Price-------P5,566,700
20% downpayment --------P1,113,340
80% to be paid prior to unit turnover--P4,453,360
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE:
5 years-----15% interest -----P114,447.33
7 years ----17% interest------P99,510.20
10 years ---19% interest------P91,634.12
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P5,273,700
50% downpayment -------P2,586,850
50% Payable in full prior upon turnover of unit ---P2,636,850
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P66,996
7 YEARS -----17% interest----P58,151
10 YEARS ----19% interest----P53,488
__________________________________
UNIT 2 AND 3 Condotel Units
FLOOR AREA = 24.54 SQM
TOTAL LIST PRICE:------- P2,607,620
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ------P3,064,000
90% Cash Out ----------P2,247,700
10% Retention payable on availability of
Title ----P255,300
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,064,000
Monthly Installments ----P130,332.89
3) 20/80 SCHEME
Total Contract Price-------P3,493,000
20% downpayment --------P698,600
80% to be paid prior to unit turnover--P2,794,400
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P70,882.09
7 YEARS -----17% interest------P61,509.32
10 YEARS ----19% interest------P56,567.23
3) 50-50 SCHEME---50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P3,309,100
50% downpayment---------P1,654,550
50% Payable in full prior upon turnover of unit ---P1,654,550
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,038
7 YEARS -----17% interest----P36,488
10 YEARS ----19% interest----P33,562
_________________________________
UNIT 4 Condotel Units
FLOOR AREA = 30.59 SQM
TOTAL LIST PRICE:------- P3,250,493
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% Downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees.However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price -----P3,819,300
90% downpayment -------P3,139,870
10% Retention payable on availability of
Title ----P354,430
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,819,300
Monthly Installments ----P162,993.95
3) 20/80 SCHEME
Total Contract Price-------P4,354,000
20% downpayment --------P870,800
80% to be paid prior to unit turnover--P3,483,200
Cash or Terms
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P88,355
7 YEARS -----17% interest------P76,672
10 YEARS ----19% interest------P70,511
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:--------P4,124,800
50% downpayment ----------P2,062,400
50% Payable in full prior upon turnover of unit ---P2,062,400
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P52,400
7 YEARS -----17% interest----P45,483
10 YEARS ----19% interest----P41,835
__________________________________
UNIT 5,8,21 Condotel Units
FLOOR AREA = 27.35 SQM
TOTAL LIST PRICE:------- P2,906,211
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P3,414,800
90% downpayment --------P2,802,010
10% Retention payable on availability of
Title ----P316,890
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,414,800
Monthly Installments ----P145,502.36
3) 20/80 SCHEME
Total Contract Price-------P3,892,900
20% downpayment --------P778,580
80% to be paid prior to unit turnover--P3,114,320
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P78,998
7 YEARS -----17% interest------P68,552
10 YEARS ----19% interest------P63,044
3) 50-50 SCHEME-----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P3,688,000
50% downpayment -------P1,844,000
50% Payable in full prior upon turnover of unit ---P1,844,000
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P46,851
7 YEARS -----17% interest----P40,666
10 YEARS ----19% interest----P37,405
_________________________________
UNIT 6,7,22 Condotel Units
FLOOR AREA = 24.84 SQM
TOTAL LIST PRICE:------- P2,639,498
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90%
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P3,101,400
90% downpayment --------P2,275,780
10% Retention payable on availability of
Title ----P258,420
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,101,400
Monthly Installments ----P131,950.16
3) 20/80 SCHEME
Total Contract Price-----P3,535,600
20% downpayment -----P707,120
80% to be paid prior to unit turnover--P2,828,480
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P71,746.55
7 YEARS -----17% interest------P62,259.48
10 YEARS ----19% interest------P57,257.11
3) 50-50 SCHEME-----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:----P3,349,500
50% downpayment ------P1,674,750
50% Payable in full prior upon turnover of unit ---P1,674,750
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,551
7 YEARS -----17% interest----P36,934
10 YEARS ----19% interest----P33,972
_________________________________
UNIT 9 Condotel Unit
FLOOR AREA = 26.91 SQM
TOTAL LIST PRICE:------- P2,859,457
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P3,359,900
90% downpayment ---------P2,756,200
10% Retention payable on availability of
Title ----P311,800
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,359,900.00
Monthly Installments ----P143,128.35
2) 20/80 SCHEME
Total Contract Price-----P3,830,300
20% downpayment ------P766,060
80% to be paid prior to unit turnover--P3,064,240
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P77,727
7 YEARS -----17% interest------P67,449
10 YEARS ----19% interest------P62,030
3) 50-50 SCHEME------50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P3,628,700
50% downpayment -------P1,814,350
50% Payable in full prior upon turnover of unit ---P1,814,350
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P46,098
7 YEARS -----17% interest----P40,012
10 YEARS ----19% interest----P36,804
_________________________________
UNIT 10- 19,Unit 23- 30, UNIT 37-41 Condotel Units
FLOOR AREA = 24.54 SQM
TOTAL LIST PRICE:------- P2,607,620
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P3,064,000
90% downpayment --------P2,247,700
10% Retention payable on availability of
Title ----P255,300
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,064,000.00
Monthly Installments ----P130,332.89
2) 20/80 SCHEME
Total Contract Price-------P3,493,000
20% downpayment --------P698,600
80% to be paid prior to unit turnover--P2,794,400
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P70,999
7 YEARS -----17% interest------P61,626
10 YEARS ----19% interest------P56,684
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P3,309,100
50% downpayment -------P1,654,550
50% Payable in full prior upon turnover of unit ---P1,654,550
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,038
7 YEARS -----17% interest----P36,488
10 YEARS ----19% interest----P33,562
_________________________________
AVAILABILITY OF CONDOTEL UNITS
41 UNITS IN EVERY FLOOR
7TH FLOOR-Amenities Area
8TH FLOOR-UNIT 1,20,24,32,36-41
9TH FLOOR-1,4,5,24,26,29,35,36,49
10TH FLOOR-1,31-33,35,36
11TH TO 12TH FLOOR- SOLD OUT
14TH FLOOR-SOLD OUT
15TH FLOOR-1,4,25-34,36,40
16TH FLOOR-SOLD OUT
17TH FLOOR-1,4,6,25-34,36,40
18TH FLOOR-1,2,4,15,23,29,31,33,34,36
19TH TO 25TH RESIDENTIAL UNITS FLOOR PLAN
17 UNITS EACH FLOOR
23 & 24TH FLOOR OPEN FOR SALE
UNIT 1 (2 BEDROOMS--76.14 SQM)
TOTAL LIST PRICE:--P7,986,854
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ---P9,384,600
90% downpayment --------P7,788,010
10% Retention payable on availability of
Title ----P870,890
2)Deferred cash 24 months to pay.
Total Contract Price ----P9,384,600.00
Monthly Installments ----P395,094.72
2) 20/80 SCHEME
Total Contract Price -----P10,698,400
20% downpayment -------P2,139,680
80% to be paid prior to unit turnover--P8,558,720
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P209,252.97
7 YEARS -----17% interest------P180,545.95
10 YEARS ----19% interest------P165,409.26
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P10,135,400
50% downpayment -----P5,067,700
50% Payable in full prior upon turnover of unit ---P5,067,700
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P123,900.68
7 YEARS -----17% interest----P106,902.98
10 YEARS ----19% interest----P97,940.40
UNIT 2, 15 (1BEDROOM 56.58 SQM)
TOTAL LIST PRICE:--P6,084,839
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P7,149,700
90% downpayment --------P5,921,410
10% Retention payable on availability of
Title ----P663,490
2)Deferred cash 24 months to pay.
Total Contract Price ----P7,149,700.00
Monthly Installments ----P300,500.71
2) 20/80 SCHEME
Total Contract Price------P8,150,700
20% downpayment -------P1,630,140
80% to be paid prior to unit turnover--P6,520,560
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P159,421.80
7 YEARS -----17% interest------P137,551.02
10 YEARS ----19% interest------P126,018.96
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,721,700
50% downpayment ------P3,860,850
50% Payable in full prior upon turnover of unit ---P3,860,850
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P98,094.27
7 YEARS -----17% interest----P85,144.50
10 YEARS ----19% interest----P78,316.32
UNIT 3, 14 (3 BEDROOMS 107.37 SQM)
TOTAL LIST PRICE:--P11,224,441
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P13,188,700
90% downpayment P10,965,190
10% Retention payable on availability of
Title ----P1,223,910
2)Deferred cash 24 months to pay.
Total Contract Price ----P13,188,700
Monthly Installments ----P556,106.42
3) 20/80 SCHEME
Total Contract Price-------P15,035,100
20% downpayment --------P3,007,020
80% to be paid prior to unit turnover--P12,028,080
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P294,075.68
7 YEARS -----17% interest------P253,732.00
10 YEARS ----19% interest------P232,459.50
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P14,243,800
50% downpayment --------P7,121,900
50% Payable in full prior upon turnover of unit ---P7,121,900
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P174,124.02
7 YEARS -----17% interest----P150,236.27
10 YEARS ----19% interest----P137,640.70
UNIT 4, 12 (1 BEDROOM 53.01 SQM)
TOTAL LIST PRICE:--P5,787,257
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract price -- ---P6,800,000
90% downpayment -------P5,629,360
10% Retention payable on availability of
Title ----P631,040
2)Deferred cash 24 months to pay.
Total Contract Price ----P6,800,000
Monthly Installments ----P285,699.37
3) 20/80 SCHEME
Total Contract Price-------P7,752,000
20% downpayment --------P1,550,400
80% to be paid prior to unit turnover--P6,201,600
Cash or terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P151,623.51
7 YEARS -----17% interest------P130,822.57
10 YEARS ----19% interest------P119,854.61
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,344,000
50% downpayment ------P3,672,000
50% Payable in full prior upon turnover of unit ---P3,672,000
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P93,296.08
7 YEARS -----17% interest----P80,979.73
10 YEARS ----19% interest----P74,485.55
UNIT 5, 6, 7, 16, 17 (1 BEDROOMS--50.52 SQM)
TOTAL LIST PRICE:--P5,542,801
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P6,512,800
90% downpayment -------P5,389,510
10% Retention payable on availability of
Title ----P604,390
2)Deferred cash 24 months to pay.
Total Contract Price ----P6,512,800
Monthly Installments ----P273,543.39
2) 20/80 SCHEME
Total Contract Price -------P7,424,600
20% downpayment ---------P1,484,920
80% to be paid prior to unit turnover--P5,939,680
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P145,219.81
7 YEARS -----17% interest------P125,297.38
10 YEARS ----19% interest------P114,792.64
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P7,033,800
50% downpayment -------P3,516,900
50% Payable in full prior upon turnover of unit ---P3,516,900
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P89,355.39
7 YEARS -----17% interest----P77,559.27
10 YEARS ----19% interest----P71,339.38
UNIT 8 (2 BEDROOMS--78.27 SQM)
TOTAL LIST PRICE:--P8,267,157
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total contract Price --- ----P9,713,900
90% downpayment ---------P8,063,050
10% Retention payable on availability of
Title ----P901,450
2)Deferred cash 24 months to pay.
Total Contract Price ----P9,713,900
Monthly Installments ----P409,032.61
2) 20/80 SCHEME
Total Contract Price-----P11,073,800
20% downpayment -------P2,214,760
80% to be paid prior to unit turnover--P8,859,040
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P216,595.52
7 YEARS -----17% interest------P186,881.19
10 YEARS ----19% interest------P171,213.36
3) 50-50 SCHEME---50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P10,491,000
50% downpayment --------P5,245,500
50% Payable in full prior upon turnover of unit ---P5,245,500
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P128,447.73
7 YEARS -----17% interest----P110,653.67
10 YEARS ----19% interest----P101,376.64
AVAILABILITY OF RESIDENTIAL UNITS
17 UNITS IN EACH FLOR
19TH FLOOR- UNIT 1 - UNIT 17
20TH FLOOR- UNIT 1 - UNIT 17
21TH FLOOR- UNIT 1 - UNIT 17
22TH FLOOR- UNIT 1 - UNIT 17
23RD FLOOR- UNIT 2,4,9-17
24TH FLOOR- UNIT 1, 6-7,9-17
25TH FLOOR- UNIT 1 - UNIT 17
TURNOVER OF UNITS IN 2010
90% SOLD OUT IN CONDOTEL UNITS
20% SOLD OUT IN RESIDENTIAL UNITS
40% DEVELOPED CONSTRUCTION NOW
UPDATED MAY 2009
THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that is rising now along ARCHBISHOP REYES, right across AYALA CENTER CEBU AND THE CEBU BUSINESS PARK in 4,211 sqm lot.
SOUND INVESTMENT
The best thing about investing in GRAND CENIA HOTEL AND RESIDENCESl
Condominium is the rate at which the property appreciates. Since it is located near Cebu Business Park, a prime real estate area, annual property appreciation rates can range from 15% to 20% per year. Certainly, long-term value of the property around Cebu Business Park can only be expected to rise as more future developments continue.
THE DEVELOPER IS VERY STABLE AND WITH EXCELLENT TRACK RECORD 40 YEARS OF REAL ESTATE EXPERIENCE.
The ARCHITECTURE of the INTERIOR is mainly EUROPEAN IN THEME with clean lines that enject a minimalist sense to the space.
PRODUCT OFFERING:
1) Residential Condominium Units
a) 1 bedroom (49.98 sqm)
-with living area, dining, kitchen, bedroom w/ own privately
accessed, toilet & bath.
b) 2 bedrooms (74.97 sqm)
-master`s bedroom w/ own toilet & bath, second bedroom,
1 common toilet & bath, maid/utility room, living
area, dining and kitchen.
c) 3 bedrooms (107.35 sqm)
-master`s bedroom w/ own toilet & bath and walk-in
closet, second bedroom & 3rd bedroom share 1 common
toilet & bath,maid/utility room w/ toilet & bath,
living area, dining and kitchen.
All t ypes of units are configured in a way that will give the living and receiving area and all the bedrooms full advantage of the view that their unit windows offer. Depending on the location of their unit on the floor layout, their views would range from a panoramic view of the Cebu Business Park, the surrounding mountains and the amenity area.
Features of Residential Condominium Units:
- Finished painted plain cement plaster walls
- Painted smooth rubbed concrete ceilings
- High quality vinyl floor tiles with simulated
wood design
- Painted steel windows and frames
- Standard bathroom fixtures
- Solid wood panel doors for the main entrance
- Flush wood doors for the bedrooms
- Rigid PVC doors for the toilet and bath
- Pre-fabricated kitchen counters and cabinets
- Hot water provision, grease trap
- provision for window type airconditioning units
- Exhaust fans, exhaust ducts, intercom system,
- independent telephone lines, fire protection and
- Fire alarm system,
- Free 1 parking slot
2) Condotel Units (24.27 sqm)
Condotel owners enjoy the Following Benefits:
1) Very Prime Location, across Cebu Business Park
2) Very good Return of Investment
3) Hassle-Free
4) Global standard hotel services
Typical condotel units will have a standard size of 24.27 sqm, There are special condotel units on the 7th and 8th floors which will feature open patios to take advantage of their view of the city, the surrounding mountains and the swimming pool deck and landscaped area.There are also a number of condotel suite units which feature a hotel bedroom separate from the room receiving area. These units are sold and delivered bare of finishing and furnishing.
Condotel Units as Hotel Rooms
Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size).Bigger hotel rooms and adjoining units can be transformed and offered by the hotel as deluxe or suite rooms for guests.
THE CONDOTEL OWNERS ARE REQUIRED TO PAY A JOINING FEE OF P250,000.00
The Hotel Management will be the one to furnished the units into a hotel suites, Condotel owners has 14 days free stay every year, plus 14 days discounted.hotel rate.
The RETURN OF INVESTMENT (ROI) annually is 15% TO 20% or P35,000.00 TO P50,000.00 monthly for just a Condotel area of 24.27 sqm. The BIGGER CONDOTEL AREA is the more PROFIT SHARES, because the SHARING IS BASED IN PER SQUARE METER of the Unit.
Once the CONDOTEL OWNERS can pay at least 40% of the Contract Price, they are already allowed to enroll their Units in the Rental Pool, So while they are still paying their Units, at the same time RECIEVING A PROFIT SHARES from the Rental Pool.
The PAYBACK PERIOD of the Condotel Units is 5 TO 6 years in Rental Pool. Whether your Unit is OCCUPIED OR NON OCCUPIED, THE SAME PROFIT SHARING YOU CAN GET EVERY QUARTERLY WITH OTHER CONDOTEL OWNERS.
CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE PROPERTIES.
PROJECTED INCOME ROOM/NIGHT
Initial Room Rate Assumption (Php/Night)----P3,200.00
Disbursements to be Deducted (Operating Expenses)
-Maintenance Expenses
-Management Fees
-Taxes
-Other Expenses Incurred in the Regular Hotel Operations
Rough Assumptions - Rental Pool Income
Number of Rooms ------------------------P432
Rate per Night ----------------------------P3,200.00
Occupancy -------------------------------P85%
Room Revenue / night ---------------------P1,175,040.00
Room Revenue / month ( 30 days) ------P35,251,200.00
Assuming Rate of Expenses at ------------P65%
Potential Cash Distributable as Rental Pool Income (on average per
month) ---------------------------------P12,337,920.00
Condotel Area -------------------------11,187.08
Rental pool Income / sqm / month--------P1,102.87
Typical Area ----------------------------24.27
Income / Unit / Month --------------------P26,766.71
Expected Annual Room Rate Increase------8%
Return on Investments --------------------15.21%
Payback Period in Years ------------------P6.5737
One of the most notable points is the remarkable points in the Hotel Industry. For the past 5 years, the Hotel industry in Cebu has been flourishing.With the dynamic growth of local tourism, the surge of both local and foriegn investments, and businesses wanting to build their base in Cebu, the hotel industry is definitely set for a prosperous future.
Based on the Department of Tourism data on Hotel performance,
Deluxe,first class and standard hotels in Cebu enjoyed an average
occupancy rate of 70% for 2006. With Cebus increasing tourism
patronage, there will be a big shortage of supply for the hotel
industry in Cebu in the next 3 to 5 years.
The developer is currently looking to tie-up with Aston Resort International, an internationally renowned hotel & resort operator for the hotel operations of the project.The proceeds generated from hotel operations, basically from renting out the pooled units, will then be subdivided to the Condotel owners quarterly on a per square meter basis.
Commercial Spaces - Ground Floor with average area of 200 sqm. Its not for sale but for rent only. It is there also the East West Bank, various restaurants & etc.
Office Spaces- 2nd floor and 3rd floor with an average of 350 sqm,
for rent only
FEATURES
BASEMENT----Single basement level with house parking slots, sewage
treatment facilities and water tank.
OFFICE/ COMMERCIAL ROOMS---Ground floor, 2nd floor and the 3rd floor.
PODIUM PARKING----3 FLOORS (4RTH, 5TH & 6TH LEVEL)
CONDOTEL FLOORS----8TH TO 18TH FLOOR
7THFLOOR----Amenity floor: Swimming pool, Kiddie pool, view deck, landscaped area and function rooms/ hotel coffee shops. This facilities will be for the use of both the hotel guests and the residential condominium unit owners.
There will also be Condotel units on the 7th floor, units with bigger saleable area as they are provided with open patios to better appreciate the pool deck and landscaped area.
7 ELEVATOR SETS AND 3 PRESSURIZED STAIRWELLS.
POWER GENERATION SYSTEM----100% back up power supply
COMPLETE WATER & ELECTRIC SUPPLY, TELEPHONE. TV/CABLE AND INTERNET CONNECTION. ALSO INTERCOMS CONNECTED TO RECEPTION AREA IN THE LOBBY
BUS PARKING FOR TOURIST AND GUEST
_____________________________________________
UNIT LOCATION OF CONDOTEL
UNIT 1 TO 4 are facing the Amenities & Landscaped
UNIT 5 TO 8 are facing Mactan & Bohol
UNIT 9 TO UNIT 20 are facing AYALA & north side Cebu
UNIT 20 TO UNIT 31 are facing Talamban & mountains
UNIT 32 TO UNIT 35 are facing Lahug & mountains.
______________________________________________________
PRICELIST:
8th TO 18th Floor are CONDOTEL UNITS
19th TO 25th Floor are RESIDENTIAL UNITS
8th Floor to 18th Floor Condotel Units
UNIT 1----39.11 SQM
TOTAL LIST PRICE:--P4,155,829
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P4,883,100
90% Cash Out ---------P4,028,350
10% Retention payable on availability of Title ----P453,150
2)Deferred cash 24 months to pay.
Total Contract Price ----P4,883,100.00
Monthly Installments ----P210,606.36
3) 20/80 SCHEME
Total Contract Price-------P5,566,700
20% downpayment --------P1,113,340
80% to be paid prior to unit turnover--P4,453,360
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE:
5 years-----15% interest -----P114,447.33
7 years ----17% interest------P99,510.20
10 years ---19% interest------P91,634.12
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P5,273,700
50% downpayment -------P2,586,850
50% Payable in full prior upon turnover of unit ---P2,636,850
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P66,996
7 YEARS -----17% interest----P58,151
10 YEARS ----19% interest----P53,488
__________________________________
UNIT 2 AND 3 Condotel Units
FLOOR AREA = 24.54 SQM
TOTAL LIST PRICE:------- P2,607,620
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ------P3,064,000
90% Cash Out ----------P2,247,700
10% Retention payable on availability of
Title ----P255,300
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,064,000
Monthly Installments ----P130,332.89
3) 20/80 SCHEME
Total Contract Price-------P3,493,000
20% downpayment --------P698,600
80% to be paid prior to unit turnover--P2,794,400
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P70,882.09
7 YEARS -----17% interest------P61,509.32
10 YEARS ----19% interest------P56,567.23
3) 50-50 SCHEME---50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P3,309,100
50% downpayment---------P1,654,550
50% Payable in full prior upon turnover of unit ---P1,654,550
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,038
7 YEARS -----17% interest----P36,488
10 YEARS ----19% interest----P33,562
_________________________________
UNIT 4 Condotel Units
FLOOR AREA = 30.59 SQM
TOTAL LIST PRICE:------- P3,250,493
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% Downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees.However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price -----P3,819,300
90% downpayment -------P3,139,870
10% Retention payable on availability of
Title ----P354,430
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,819,300
Monthly Installments ----P162,993.95
3) 20/80 SCHEME
Total Contract Price-------P4,354,000
20% downpayment --------P870,800
80% to be paid prior to unit turnover--P3,483,200
Cash or Terms
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P88,355
7 YEARS -----17% interest------P76,672
10 YEARS ----19% interest------P70,511
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:--------P4,124,800
50% downpayment ----------P2,062,400
50% Payable in full prior upon turnover of unit ---P2,062,400
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P52,400
7 YEARS -----17% interest----P45,483
10 YEARS ----19% interest----P41,835
__________________________________
UNIT 5,8,21 Condotel Units
FLOOR AREA = 27.35 SQM
TOTAL LIST PRICE:------- P2,906,211
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P3,414,800
90% downpayment --------P2,802,010
10% Retention payable on availability of
Title ----P316,890
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,414,800
Monthly Installments ----P145,502.36
3) 20/80 SCHEME
Total Contract Price-------P3,892,900
20% downpayment --------P778,580
80% to be paid prior to unit turnover--P3,114,320
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P78,998
7 YEARS -----17% interest------P68,552
10 YEARS ----19% interest------P63,044
3) 50-50 SCHEME-----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P3,688,000
50% downpayment -------P1,844,000
50% Payable in full prior upon turnover of unit ---P1,844,000
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P46,851
7 YEARS -----17% interest----P40,666
10 YEARS ----19% interest----P37,405
_________________________________
UNIT 6,7,22 Condotel Units
FLOOR AREA = 24.84 SQM
TOTAL LIST PRICE:------- P2,639,498
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90%
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P3,101,400
90% downpayment --------P2,275,780
10% Retention payable on availability of
Title ----P258,420
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,101,400
Monthly Installments ----P131,950.16
3) 20/80 SCHEME
Total Contract Price-----P3,535,600
20% downpayment -----P707,120
80% to be paid prior to unit turnover--P2,828,480
Cash or Terms
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P71,746.55
7 YEARS -----17% interest------P62,259.48
10 YEARS ----19% interest------P57,257.11
3) 50-50 SCHEME-----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:----P3,349,500
50% downpayment ------P1,674,750
50% Payable in full prior upon turnover of unit ---P1,674,750
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,551
7 YEARS -----17% interest----P36,934
10 YEARS ----19% interest----P33,972
_________________________________
UNIT 9 Condotel Unit
FLOOR AREA = 26.91 SQM
TOTAL LIST PRICE:------- P2,859,457
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P3,359,900
90% downpayment ---------P2,756,200
10% Retention payable on availability of
Title ----P311,800
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,359,900.00
Monthly Installments ----P143,128.35
2) 20/80 SCHEME
Total Contract Price-----P3,830,300
20% downpayment ------P766,060
80% to be paid prior to unit turnover--P3,064,240
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P77,727
7 YEARS -----17% interest------P67,449
10 YEARS ----19% interest------P62,030
3) 50-50 SCHEME------50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P3,628,700
50% downpayment -------P1,814,350
50% Payable in full prior upon turnover of unit ---P1,814,350
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P46,098
7 YEARS -----17% interest----P40,012
10 YEARS ----19% interest----P36,804
_________________________________
UNIT 10- 19,Unit 23- 30, UNIT 37-41 Condotel Units
FLOOR AREA = 24.54 SQM
TOTAL LIST PRICE:------- P2,607,620
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P3,064,000
90% downpayment --------P2,247,700
10% Retention payable on availability of
Title ----P255,300
2)Deferred cash 24 months to pay.
Total Contract Price ----P3,064,000.00
Monthly Installments ----P130,332.89
2) 20/80 SCHEME
Total Contract Price-------P3,493,000
20% downpayment --------P698,600
80% to be paid prior to unit turnover--P2,794,400
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P70,999
7 YEARS -----17% interest------P61,626
10 YEARS ----19% interest------P56,684
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P3,309,100
50% downpayment -------P1,654,550
50% Payable in full prior upon turnover of unit ---P1,654,550
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P42,038
7 YEARS -----17% interest----P36,488
10 YEARS ----19% interest----P33,562
_________________________________
AVAILABILITY OF CONDOTEL UNITS
41 UNITS IN EVERY FLOOR
7TH FLOOR-Amenities Area
8TH FLOOR-UNIT 1,20,24,32,36-41
9TH FLOOR-1,4,5,24,26,29,35,36,49
10TH FLOOR-1,31-33,35,36
11TH TO 12TH FLOOR- SOLD OUT
14TH FLOOR-SOLD OUT
15TH FLOOR-1,4,25-34,36,40
16TH FLOOR-SOLD OUT
17TH FLOOR-1,4,6,25-34,36,40
18TH FLOOR-1,2,4,15,23,29,31,33,34,36
19TH TO 25TH RESIDENTIAL UNITS FLOOR PLAN
17 UNITS EACH FLOOR
23 & 24TH FLOOR OPEN FOR SALE
UNIT 1 (2 BEDROOMS--76.14 SQM)
TOTAL LIST PRICE:--P7,986,854
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ---P9,384,600
90% downpayment --------P7,788,010
10% Retention payable on availability of
Title ----P870,890
2)Deferred cash 24 months to pay.
Total Contract Price ----P9,384,600.00
Monthly Installments ----P395,094.72
2) 20/80 SCHEME
Total Contract Price -----P10,698,400
20% downpayment -------P2,139,680
80% to be paid prior to unit turnover--P8,558,720
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P209,252.97
7 YEARS -----17% interest------P180,545.95
10 YEARS ----19% interest------P165,409.26
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P10,135,400
50% downpayment -----P5,067,700
50% Payable in full prior upon turnover of unit ---P5,067,700
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P123,900.68
7 YEARS -----17% interest----P106,902.98
10 YEARS ----19% interest----P97,940.40
UNIT 2, 15 (1BEDROOM 56.58 SQM)
TOTAL LIST PRICE:--P6,084,839
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P7,149,700
90% downpayment --------P5,921,410
10% Retention payable on availability of
Title ----P663,490
2)Deferred cash 24 months to pay.
Total Contract Price ----P7,149,700.00
Monthly Installments ----P300,500.71
2) 20/80 SCHEME
Total Contract Price------P8,150,700
20% downpayment -------P1,630,140
80% to be paid prior to unit turnover--P6,520,560
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P159,421.80
7 YEARS -----17% interest------P137,551.02
10 YEARS ----19% interest------P126,018.96
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,721,700
50% downpayment ------P3,860,850
50% Payable in full prior upon turnover of unit ---P3,860,850
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P98,094.27
7 YEARS -----17% interest----P85,144.50
10 YEARS ----19% interest----P78,316.32
UNIT 3, 14 (3 BEDROOMS 107.37 SQM)
TOTAL LIST PRICE:--P11,224,441
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price ----P13,188,700
90% downpayment P10,965,190
10% Retention payable on availability of
Title ----P1,223,910
2)Deferred cash 24 months to pay.
Total Contract Price ----P13,188,700
Monthly Installments ----P556,106.42
3) 20/80 SCHEME
Total Contract Price-------P15,035,100
20% downpayment --------P3,007,020
80% to be paid prior to unit turnover--P12,028,080
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P294,075.68
7 YEARS -----17% interest------P253,732.00
10 YEARS ----19% interest------P232,459.50
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P14,243,800
50% downpayment --------P7,121,900
50% Payable in full prior upon turnover of unit ---P7,121,900
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P174,124.02
7 YEARS -----17% interest----P150,236.27
10 YEARS ----19% interest----P137,640.70
UNIT 4, 12 (1 BEDROOM 53.01 SQM)
TOTAL LIST PRICE:--P5,787,257
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract price -- ---P6,800,000
90% downpayment -------P5,629,360
10% Retention payable on availability of
Title ----P631,040
2)Deferred cash 24 months to pay.
Total Contract Price ----P6,800,000
Monthly Installments ----P285,699.37
3) 20/80 SCHEME
Total Contract Price-------P7,752,000
20% downpayment --------P1,550,400
80% to be paid prior to unit turnover--P6,201,600
Cash or terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P151,623.51
7 YEARS -----17% interest------P130,822.57
10 YEARS ----19% interest------P119,854.61
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-----P7,344,000
50% downpayment ------P3,672,000
50% Payable in full prior upon turnover of unit ---P3,672,000
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P93,296.08
7 YEARS -----17% interest----P80,979.73
10 YEARS ----19% interest----P74,485.55
UNIT 5, 6, 7, 16, 17 (1 BEDROOMS--50.52 SQM)
TOTAL LIST PRICE:--P5,542,801
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total Contract Price - ----P6,512,800
90% downpayment -------P5,389,510
10% Retention payable on availability of
Title ----P604,390
2)Deferred cash 24 months to pay.
Total Contract Price ----P6,512,800
Monthly Installments ----P273,543.39
2) 20/80 SCHEME
Total Contract Price -------P7,424,600
20% downpayment ---------P1,484,920
80% to be paid prior to unit turnover--P5,939,680
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P145,219.81
7 YEARS -----17% interest------P125,297.38
10 YEARS ----19% interest------P114,792.64
3) 50-50 SCHEME----50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:------P7,033,800
50% downpayment -------P3,516,900
50% Payable in full prior upon turnover of unit ---P3,516,900
Cash or Terms:
NOTE: IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P89,355.39
7 YEARS -----17% interest----P77,559.27
10 YEARS ----19% interest----P71,339.38
UNIT 8 (2 BEDROOMS--78.27 SQM)
TOTAL LIST PRICE:--P8,267,157
RESERVATION FEE-----P50,000.00
1) Spot Cash w/ 8% Discount on 90% downpayment.
TOTAL CONTRACT PRICE includes miscellaneous &
registration fees. However for total list
price above 2.5M, TCP includes 12% EVAT
Total contract Price --- ----P9,713,900
90% downpayment ---------P8,063,050
10% Retention payable on availability of
Title ----P901,450
2)Deferred cash 24 months to pay.
Total Contract Price ----P9,713,900
Monthly Installments ----P409,032.61
2) 20/80 SCHEME
Total Contract Price-----P11,073,800
20% downpayment -------P2,214,760
80% to be paid prior to unit turnover--P8,859,040
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ------P216,595.52
7 YEARS -----17% interest------P186,881.19
10 YEARS ----19% interest------P171,213.36
3) 50-50 SCHEME---50% downpayment, then 50% full upon turnover of the unit
Total Contract Price:-------P10,491,000
50% downpayment --------P5,245,500
50% Payable in full prior upon turnover of unit ---P5,245,500
Cash or Terms:
IN-HOUSE FINANCING WITH INTEREST RATE OF:
5 YEARS-----15% interest ----P128,447.73
7 YEARS -----17% interest----P110,653.67
10 YEARS ----19% interest----P101,376.64
AVAILABILITY OF RESIDENTIAL UNITS
17 UNITS IN EACH FLOR
19TH FLOOR- UNIT 1 - UNIT 17
20TH FLOOR- UNIT 1 - UNIT 17
21TH FLOOR- UNIT 1 - UNIT 17
22TH FLOOR- UNIT 1 - UNIT 17
23RD FLOOR- UNIT 2,4,9-17
24TH FLOOR- UNIT 1, 6-7,9-17
25TH FLOOR- UNIT 1 - UNIT 17
An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!
TURNOVER OF UNITS IN 2010
90% SOLD OUT IN CONDOTEL UNITS
20% SOLD OUT IN RESIDENTIAL UNITS
40% DEVELOPED CONSTRUCTION NOW
UPDATED MAY 2009
THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that is rising now along ARCHBISH...
TURNOVER OF UNITS IN 2010
90% SOLD OUT IN CONDOTEL UNITS
20% SOLD OUT IN RESIDENTIAL UNITS
40% DEVELOPED CONSTRUCTION NOW
UPDATED MAY 2009
THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that is rising now along ARCHBISH...
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