Bayo Condotel, Corner Scout Bayoran & Scout Tuazon, Near ABS -CBN. RFO by december 2012 !.
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Bayo Condotel & Suites is a 12-story mixed-use development located in Quezon City consisting of 160 residential units, 40 condotel units, and 7 commercial units. The project offers amenities such as a roof deck, WiFi, and 24-hour security. Residential units range from studio to 3-bedroom units and condotel units provide hotel services and income from rental operations. The development is located near schools, hospitals, and commercial areas in a growing part of Quezon City close to major transportation routes.
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Bayo Condotel, Corner Scout Bayoran & Scout Tuazon, Near ABS -CBN. RFO by december 2012 !.
- 3. Sir William’s Hotel, QC Makati Terraces Condominium Villa Beatriz Townhouse Wil- Vic Townhouses Scout Limbaga
- 5. Project Overview Bayo Condotel & Suites is a • Lot Area: Apprx. 1,573 sqm. • 12 Storey Building • Roof Deck–Amenity level. • 7 Commercial Units at the Ground Floor • 160 Residential Units • 40 condotel units • with 157 parking slots located at Basement, Ground(Guests) and Second level. • Completion Date: December 2012
- 6. Located along Scout Bayoran corner Scout Tuazon in South Triangle, Quezon City
- 7. Popular Landmarks ELJ Center (ABS-CBN) Bahay ni Kuya GMA Network Camelot Hotel Tomas Morato Capitol Medical Center
- 8. The area wherein Bayo stands can be considered as a gateway to the north because of its proximity to business and commercial establishments in the northern side of the metro. Within a 5 km radius are the following establishments: Entertainment/ Commercial • ABS – CBN Broadcast Center • GMA Network Churches • Word of Grace Christian Fellowship • St. Paul the Apostle Church • Mt. Carmel Parish • Bread of Life Crossroads Schools • St. Mary’s College • PAREF Northfield • STI
- 9. • Miriam College • Ateneo de Manila University • University of the Philippines, Diliman • St. Paul University QC • Jubilee Christian Academy Hospitals • Capitol Medical Center • Philippine Heart Center • East Avenue Medical Center • Veterans Memorial Medical Center • St. Lukes Medical Center Malls/ Shopping centers • Trinoma • SM North Edsa • Centris • Crossings Department Store, Quezon Avenue
- 10. Disclaimer: While every care has been taken in preparing this presentation, all plans, details & specifications contained herein are subject to change without prior notice and do not constitute every part of any offer or contract. No warranty or representation is made by the Developer as to their accuracy. Furthermore, the Developer reserves the right to alter, deviate or dispense with the plans and specifications referred to herein.
- 12. • 24-hour Security • Promenade Area • Wi-Fi ready (Amenities area) • Garbage Collection Facility • Provision Water Station • Provision Convenience Store • Provision Laundromat • Waste Water Treatment
- 19. FLAT UNITS TYPE AREA ( SQM) PRICE RANGE (Php) 1 Bedroom 28.54 sq. m Executive 1 Bedroom 33.44 sq. m 2 Bedroom 49.61–72.28 sq. m 3,224,600-4,698,200 3 Bedroom 102.98 sq. m 6,693,700 LOFT UNITS TYPE AREA ( SQM) PRICE RANGE (Php) 1 Bedroom 50.09–59.81 sq. m 3,255,850-3,317,600 2 Bedroom 73.65 sq. m 4,787,250 3 Bedroom 89.55–100.11 sq. m 5,820,750-6,507,150 4 Bedroom 135.76 sq. m 8,824,400 5 Bedroom 182.38 sq. m 11,854,700
- 22. STANDARD DELIVERABLES I. FLOOR FINISHES Living, Dining & Kitchen .60 X .60 Ceramic Tiles Bedrooms Laminated Wood with baseboard Toilet & Bath Unglazed Ceramic Tiles II. WALL FINISHES Living, Dining & Kitchen Painted cement plastered finish Bedrooms Painted cement finish Toilet & Bath Painted plain cement above ceramic tile III. CEILING FINISHES Living, Dining & Kitchen Painted plain cement finish Bedrooms Painted plain cement finish Toilet & Bath Gypsum board moisture resistance painted
- 23. STANDARD DELIVERABLES IV. KITCHEN AREA Granite countertop with modular cabinets V. DOORS Entrance Door Wooden panel door on metal jamb Bedroom Door Wooden door on metal jamb Toilet Door Poly Door VI. WINDOWS Duralco Aluminum Glass
- 24. 1. CASH INVESTMENT • 12% Discount on the Total Investment Value, if paid within 7 days after RD • 10% Discount on the Total Investment Value, if paid within 30 days after RD • 8% Discount on the Total Investment Value, if paid within 60 days after RD • 5% Discount on the Total Investment Value, if paid within 90 days after RD • 100% equally divided in 24 months interest free & NO Discount
- 25. 2. INSTALLMENT • 30% Initial Investment; 70% Balance payable up to 15 years with amortization interest 12% Discount on Initial Investment, if paid within 7 days after RD 10% Discount on Initial Investment, if paid within 30 days after RD 8% Discount on Initial Investment, if paid within 90 days after RD
- 26. 2. INSTALLMENT • 25% Initial Investment payable in 30 days; 75% Balance payable in 15 years. First 2 years interest free, remaining 13 years @ 12% interest p.a. • 20% Initial Investment payable in 12 months; 80% Balance payable in 15 years @ 12% interest p.a. • 5% Initial Investment payable in 6 months; 15% Installment in 12 months; 80% Balance payable in 15 years @ 12% interest p.a.
- 27. 1. TRANSFER OF RIGHTS • Php. 2,000 – Transfer of Residential & Condotel Units to immediate family member • Php. 10,000 – Transfer of Residential & Condotel Units to non- relative • Php. 20,000 – Transfer of Commercial Units to non-relative 2. TRANSFER OF UNITS • Php. 2,000 – Transfer of Unit • Php. 2,000 – Additional fee for Unit downgrade • No Service Fee – Unit upgrade
- 29. •The Bayo Condotel caters to real estate investors/buyers who are more interested in doing business rather than using a purchased unit for personal use. • Condotel unit owner will receive a quarterly income, 50% of net income generated by the operations regardless of whether the unit was rented or not. •Hotel operator will pool together its entire total income from rental operations and distribute this to the Condotel Owners (based on unit area).
- 30. 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) In order to give maximum benefits to the investors, the privileges in owning a Unit:
- 31. Condotel units include hotel services. Investors/Buyers are treated as guests, and able to enjoy amenities
- 32. •SOMEONE seeking a vacation place, but due to the limited amount of time they anticipate being able to spend there •SOMEONE busy to focus time and attention on the maintenance and upkeep of another property
- 33. 1. Quezon City is the center of Government Agencies 2. Center of Educational Institutions—ADMU, Miriam College, UP Diliman and a ride away from University Belt 3. Gimmick & Dining Destination 4. Entertainment Hub—ABS-CBN Center & GMA Broadcasting Networks 5. Medical Institutions 6. Center of Commercial Establishments 7. Gateway to the North
- 34. While every care has been taken in preparing this presentation, all plans, details & specifications contained herein are subject to change without prior notice and do not constitute every part of any offer or contract. No warranty or representation is made by the Developer as to their accuracy. Furthermore, the Developer reserves the right to alter, deviate or dispense with the plans and specifications referred to herein.
Editor's Notes
- Often condo hotel units are sold during the pre-construction phase of development. They are often built on prime location or near tourist destinations, helping to ensure above average rental and appreciation in value. Condotel buyers may defray costs incurred in operating the property by renting out their unit. When they are not using their unit, it may be placed with the hotel’s rental management company.
- 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.
- Often condo hotel units are sold during the pre-construction phase of development. They are often built on prime location or near tourist destinations, helping to ensure above average rental and appreciation in value. Condotel buyers may defray costs incurred in operating the property by renting out their unit. When they are not using their unit, it may be placed with the hotel’s rental management company.