Condotel

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  • Condo-hotel-unit purchasers are in essence unique in the opportunity to buy into multimillion-dollar hotels for a relatively small cost, and not just investing in a single unit. Buyers can choose to lease their units when they are not occupying them. Most condotel units include hotel services in the package deal. Buyers are treated as guests, and able to enjoy amenities such as room service, courtesy daily room cleaning, as well as typical condo amenities such as an onsite tennis courts, pool, fitness center and game room.
  • Condotel

    1. 1. Who’s Buying and Why?<br />SOMEONE seeking a vacation place, but due to the limited amount of time they anticipate being able to spend there<br />SOMEONE busy to focus time and attention on the maintenance and upkeep of another property<br />
    2. 2. Condotel units include hotel services. <br />Buyers are treated as guests, and able to enjoy amenities<br />
    3. 3. In order to give maximum benefits to the investors, the privileges in owning a Unit are:<br />Every year each Condotel Unit owner gets a 30-day FREE stay in his Unit or the equivalent room type (transferable, valid for one year and is non-cumulative)<br />
    4. 4. Sample Investment Computation for Condotel Unit<br />
    5. 5. 20% Initial Investment in 36 months; 80% in 10 years @ 12 p.a.<br />1 BR Condotel Unit <br />Unit Area: 28.72 sqm<br />Total Investment Value: Php. 1,625,552<br />Reservation Fee: Php 20,000<br />36 Monthly Investments:Php 8,625<br />36 Monthly dues for Furnishings: Php 6,781<br />Succeeding Monthly Investment: Php 18,658 <br />
    6. 6. At Php. 2,400/day X 30 days= Php. 72,000/month<br />m<br />At 50% Occupancy Rate= <br />Php. 36,000/month<br />
    7. 7. Income Projection:<br />Almost equivalent to monthly amortizations<br />
    8. 8. 80% Occupancy Rate:<br />Quezon City is the center of Government Agencies<br />Center of Educational Institutions—ADMU, Miriam College, UP Diliman and a ride away from University Belt<br />Gimmick & Dining Destination<br />Entertainment Hub—ABS-CBN Center & GMA Broadcasting Networks<br />Medical Institutions<br />Center of Commercial Establishments<br />Gateway to the North<br />
    9. 9. At Php. 2,400/day X 30 days= Php. 72,000/month<br />m<br />At 80% Occupancy Rate= <br />Php. 57,600/month<br />
    10. 10. Income Projection:<br />Income of Php. 10,000<br />
    11. 11. Income Projection<br />Present Value: Php. 1,863,928 (including furnishings)<br />10 year Projection: Php. 4,000,000<br />
    12. 12. Initial Investment:<br />Reservation: Php. 20,000<br />Down in 36 months: 8,625 /month<br />Furnishings for 36 months: 6,781/month<br />Total Investment for 36 months: Php. 568,082<br />
    13. 13. 60% per annum<br />10 year Projection: Php. 4,000,000<br />Php 568,082<br />Return Of Investment: Php. 3,431,918<br />Initial Investment<br />Paid Over 36 Months:<br />

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