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Grand Cenia Hotel and Residences

Condominiums for Sale in Cebu City

(Cebu Real Estate and Properties-Condominiums)

The condotel unit owner can just sit back, relax and watch his investment bear fruit. The hotel, made up of the pooled units, will be managed by an international hotel operator, who will also handle the distribution of the rental pool income to the condotel owners.

Grand Cenia is a 25-storey hotel and residential tower that will rise along Archbishop Reyes, corner Kamagong Street, Banilad, Cebu. It will be situated on a 4,211-sqm property, strategically located within the Cebu Central Business District.

The Grand Cenia
Condotel owners of the Grand Cenia stand to enjoy three major benefits – a unit in a very prime location, a very good return on investment, and hassle-free, global standard hotel services.
The development is ideally located right across the Cebu Business Park, easily accessible to the business hub, the convention centers and commercial areas. Early return on investment is as good as guaranteed because of the booming tourism, and subsequently booming Cebu hotel industry. The hotel, made up of the pooled units, will be managed by an international hotel operator, who will also handle the distribution of the rental pool income to the condotel owners. The condotel unit owner can just sit back, relax and watch his investment bear fruit.

Commercial areas on the 1st – 3rd floors
Parking areas on the basement, 4th, 5th and 6th floors
Amenities and facilities are at the ground, 6th, and 7th floor. This includes
* - function rooms - 3 stairwells
* - swimming pool - bus parking for tourists
* - coffee shop - pantry/kitchen to service function rooms
* - business center, WiFi capable
* - cistern tank - boiler
* - backup power generator
* - 2 service elevators
* - 4 passenger elevators with security system
* - pressurized fire exits
* - individual water meters for residential condominium units
* - valet parking for condotel and commercial units

CLICK THE UNIT FLOOR PLANS LAYOUT BELOW TO ENLARGE

ONE BEDROOM

TWO BEDROOM

THREE BEDROOM

CONDO-HOTEL

7TH FLOOR PLAN

8TH FLOOR PLAN

9TH TO 18TH FLOOR PLAN

19TH TO 25TH FLOOR PLAN

Condotel- Hotel Unit price list

Residential Condominium pricelist

CONDOTEL UNITS - (OPEN FOR SALE 8th AND 18th floors)

Total Contract Price = 24.54 sq.m. = Php 3,064,000

price depend on sq.meter area

RESIDENTIAL CONDO UNITS (OPEN FOR SALE 23rd & 24th Floors)
One bedroom - Total area 50.52 sq.m. CONTRACT PRICE = Ph 6,450,500
One bedroom - Total area 56.58 sq.m. CONTRACT PRICE = Ph 7,087,400
Two bedrooms - Total area 76.14 sq,m.CONTRACT PRICE = Ph 9,322,300
Three bedrooms - Total area 107.35 sq.m CONTRACT PRICE = Ph 12,059,600
Reservation Fee = Ph 50,000 Pesos

Terms of Payment
PAYMENT TERMS - CONDOTELS:
1.) SPOTCASH - 90% Upon reservation & avail of a 10% discount.
10% balance upon turnover
2.) 3 YEARS TO PAY INTEREST FREE ( with PDC's)
PAYMENT TERMS FOR RESIDENTIALS/CONDOS:
1.) SPOTCASH - 90% with 10% discount and 10% balance upon turnover
2.) 3 YEARS TO PAY INTEREST FREE

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 AND THE HOTEL MANAGEMENT WILL BE THE ONE TO FURNISHED THE UNITS INTO A HOTEL SUITES. THE 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 MONTLY 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.
CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE PROPERTIES.

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Be Safe....Deal only with Professional Licensed Real Estate Broker

For more info and details:
Contact: Roy Paradela Sunpayco
Email:  cebuinfo@gmail.com 
Cellphone: 09164793230
International Phone: +63 9164793230 
Real Estate Broker License 1515(N)
HLURB Control # VII-01010-2008