Sunday, October 23, 2022

BAT-LIP-0002

Property Type: Operational Hotel
Lease/Sale: For Sale
Total Lot Area: 1,696.50 sqm
- 1,140.50 sqm for the hotel area
- 556 sqm for the apartment area
Selling Price: P280,000,000 (P280 million) 
Expense Sharing between the Buyer and Seller
Seller: CWT/CGT, broker's commission, and other incidental fees
Buyer: Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, VAT, and other incidental fees
Additional Details
As-is-where-is turnover basis
- The parking for the whole property has 2 floors (basement & ground floor), connecting both buildings 1 & 2. Some slots on the ground floor level can be installed with parking lift. Potential parking slots, if with lift, is up to 30 cars.
- There's a 13-door apartment as well at the back of the hotel (all currently occupied). The wall separating the hotel's and the apartment's lots can be demolished to have an exit inside the whole property to a tertiary street. Lot area is 556 sqm.
- The rate and payment terms are negotiable.
- Owners are open to lease.

Building 1 (Operational Hotel)
Total Floor Area: 960.58 sqm
Ground Floor Area: 251.29 sqm
Construction Completion: 2009
Building Details
- Building 1 has 3 floors with 18 rooms with en suite toilet & shower.
- It has a gym, spa, function hall, lobby, storage room, water tank, & back-up generator.
- The property has 4 commercial spaces on the ground floor (all are currently occupied).
- For Building 1, almost all furniture are custom made.
- Building 1 hotel is operational.

Building 2 (Ready for Hotel Operations)
Total Floor Area: 2,552.25 sqm
Ground Floor Area: 404.44 sqm
Construction Completion: 2021
Building Details
- Building 2 has 5 floors with roof top, with 48 rooms with en suite toiler & shower.
- The property has restaurant space as well.
- Building 2 has storage room per floor, laundry area, water tank, & back-up generator
- For Building 2, all furniture in the rooms are custom made (bed frame, tables, etc.)
- Building 2 is equipped for hotel operations already.

Photos of Building 1

  

  



  



 

 


Photos of Building 2
 








Apartments at the Back






Additional Photos
Ground level parking

Lot plan

Google Earth pin


Disclaimer
- The contents of this website do not form any part of an offer or contract, nor shall any contract be made based on the contents.
- We'll update this list from time to time.
- Almost all properties are our direct listings.
- Prices and availability are subject to change.
- We'll send the complete information upon inquiring.
- We personally checked the properties first before we advertise it.
- It’s our responsibility to assist you in your site visits most especially to the properties we proposed.
- Only the Accredited Real Estate Advisers are allowed to transact on behalf of our group.

For Inquiries: hi.rentcentralphrealty@gmail.com

We pray and hope to have an honest transaction and a better business relationship with you! God bless.

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