| |
 |
|
Grand Cenia is a 25-storey hotel and residential tower with 544 elegant rooms that will rise along Archbishop Reyes, corner Solon St., Cebu City. It is situated in a 4,211 square meter property located within the Cebu Central Business District.
The concept of a “Condo Hotel” or a Condotel is relatively new. The condotel is a combination of the features of a condominium and a hotel. A buyer is purchasing a condominium unit that is intended to be part of a hotel. The condotel units shall be pooled and operated as part of a functional hotel, managed by a hotel operator, and complete with amenities a full-service hotel provides. The buyer is essentially buying a hotel room which he can generate income from.
The condotel, then, is primarily an INVESTMENT. The income generated by hotel operations, basically from renting out the pooled condotel units, will then be subdivided to condotel owners on a per square meter basis.
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.
To learn more about the investment proposal... <click here> |
|