AKL-BORA-0002

Property Type: Apartelle

Lease/Sale: For Sale

Lot Area: 118 sqm

Total Floor Area: +400 sqm

Selling Price: P30,000,000 (P30 Million)

Payment Terms:

- Cash

- Installment: P15M downpayment then P15M installment for 5 years with 5% interest.

- Earnest money/Reservation of P1M (for serious buyers)

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

- If Sold at P30M: FREE transfer

Additional Information

- This apartelle is operational and generating monthly income.

- Situated on one of Philippine's most visited tourist destinations.

- This property is just a minute or two away from the the beach and many establishments.

- Property was built: 1st floor (7 years), 2nd floor (6 years), 3rd floor (5 years), roofdeck (March 2020)

- Offer is a fully furnished apartelle with ACs, beds, electric fans, own refrigerators, electric water heater, 2 doors with a common mess hall.

- Potential Return of Investment (ROI) is about 5-7 years.

- Average monthly income of P350,000 to P415,000

- Room rates vary depending on number of days and number of guests per room.

- Complete documents: Tax Declaration (updated) & ready for titling 

- All sales shall be transferred to the respective buyer, RIGHT AFTER the FULL Payment.

- The property has 12 bedrooms all in all (10 door studio size rooms with 3 bedrooms on the roofdeck. 

- 1st Floor: Room 1 (serves as Reception Area), Room 2 (good for 6 pax), & Room 3 (good for 4 pax)

- 2nd Floor: Room 4 (good for 6 pax), Rooms 5 & 6 (good for 2 pax for each room)

- 3rd Floor: Room 7 (staff room), Room 8 (good for 3 pax), Room 9 (good for 2 pax), & Room 10 (good for 4 pax)
- 4th Floor: 3-bedroom roofdeck apartment

- Roofdeck Details: 2 new back-up generators, 2 new overhead water tanks (connected to the Central Sewerage System, DENR Compliant, Building Permit & Occupancy Permit).

- Owner's reason for selling is for liquidating assets.

 

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.