Condominium For Sale In LAPU-LAPU CITY (OPON), CEBU
- room Lapu-lapu City (opon), Cebu
- search 1334 views
- WEB REF. # 91748041
₱4,400,000.00
$
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It is set to open a 180-room luxury resort in Mactan.
A condotel will be the second resort facility to be managed by the Abaca Group, adding to the existing 30-room luxury resort currently operated at the Punta Engaño, Mactan Island.
Abaca Group believes that Cebu should provide top-tier facilities to meet the demand from the growing number of affluent visitors, whether here for leisure or business travels.
Abaca will manage the resort operation which is a resort and residential project, located in the beachfront property also on Mactan Island.
The typical 40 sq.m. condotel would cost P5,440,893 + P500,000 for furnishing and appliances to make it hotel-ready. Misc. Fees is 4.5% of the NET contract price.
Tower 2 (the narrower building) offers the condotel concept.
The advantages of investing in this project:
- 14 days free stay a year, transferable (others even arrange/collect for fee lower than the hotel rate), but not convertible to cash.
- in excess of 14 days, best daily/promo rate will apply
- profit distribution is quarterly; deposited to respective accounts
- 6%-8% conservative ROI estimate
- Risk-free investment - you have tangible assets, the condotel unit and the resort itself.
- very near the airport
- Mactan is self-sufficient with nearby Savemore grocery, Watson pharmacy, 7eleven convenience stores, food outlets at nearby Newtown township
- Mactan has also a number of malls example: Island, Gaisano & Marina malls
- Management and maintenance is handled by experienced personalities in the hospitality business
- You can no longer be part-owner/investor of Shangri-la or Crimson, but with us you have a chance to be part-owner of ABACA-managed REEF RESORT.
Here are the advantages of getting a condotel unit. Condotel units are ideal for investors rather than end-users.
- Risk-free investment - you have a tangible asset, the condotel unit itself offered at a low price.
- Buyers can already receive the ROI.
- Profit distribution is quarterly; and deposited to respective accounts
- 14 days free stay a year, transferable but not convertible to cash
- In excess of 14 days, the best daily/promo rate will apply
- The hotel has already been operating since November of 2022 and is now accepting reservations. Mostly fully booked.
- Spa, Bakery and Restaurant are already open.
- Management and maintenance are handled by experienced personalities in the hospitality business, under a company affiliated with The ABACA Group.
- Located very near the airport. Proximity - 15 minutes
- ABACA will operate the Sky Bar on the 25th floor, two restaurants on the 3rd floor (main dining and baking/coffee shop), and the bar kiosk near the boardwalk.
- Mactan is self-sufficient with Newtown Township nearby where you have SaveMore grocery, Watson pharmacy, two 7-Eleven convenience stores, restaurants, coffee shops and outdoor food outlets.
- Lapu-Lapu City also has a number of malls; nearest are the Island mall, Gaisano & Marina malls.
