Grand Cenia Hotel and Residences , Cebu City

The Grand Cenia condotel unit owner can just sit back, relax and watch his investment bear fruit. The hotel, made up of the pooled units, will be managed by an international hotel operator, who will also handle the distribution of the rental pool income to the condotel owners.
Grand Cenia is a 25-storey hotel and residential tower that will rise along Archbishop Reyes, corner Kamagong Street, Banilad, Cebu. It will be situated on a 4,211-sqm property, strategically located within the Cebu Central Business District.
The Grand Cenia Condotel owners of the Grand Cenia stand to enjoy three major benefits – a unit in a very prime location, a very good return on investment, and hassle-free, global standard hotel services. The development is ideally located right across the Cebu Business Park, easily accessible to the business hub, the convention centers and commercial areas. Early return on investment is as good as guaranteed because of the booming tourism, and subsequently booming Cebu hotel industry. The hotel, made up of the pooled units, will be managed by an international hotel operator, who will also handle the distribution of the rental pool income to the condotel owners. The condotel unit owner can just sit back, relax and watch his investment bear fruit.
Commercial areas on the 1st – 3rd floors Parking areas on the basement, 4th, 5th and 6th floors Amenities and facilities are at the ground, 6th, and 7th floor. This includes * - function rooms - 3 stairwells * - swimming pool - bus parking for tourists * - coffee shop - pantry/kitchen to service function rooms * - business center, WiFi capable * - cistern tank - boiler * - backup power generator * - 2 service elevators * - 4 passenger elevators with security system * - pressurized fire exits * - individual water meters for residential condominium units * - valet parking for condotel and commercial units
CLICK THE Grand Cenia UNIT FLOOR PLANS LAYOUT BELOW TO ENLARGE
ONE BEDROOM	TWO BEDROOM	THREE BEDROOM	CONDO-HOTEL
7TH FLOOR PLAN	8TH FLOOR PLAN	9TH TO 18TH FLOOR PLAN	19TH TO 25TH FLOOR PLAN
Grand Cenia CONDOTEL UNITS - (OPEN FOR SALE 8th AND 18th floors)
Grand Cenia Total Contract Price = 24.54 sq.m. = Php 3,064,000
price depend on sq.meter area
Grand Cenia RESIDENTIAL CONDO UNITS (OPEN FOR SALE 23rd & 24th Floors) One bedroom - Total area 50.52 sq.m. CONTRACT PRICE = Ph 6,450,500 One bedroom - Total area 56.58 sq.m. CONTRACT PRICE = Ph 7,087,400 Two bedrooms - Total area 76.14 sq,m.CONTRACT PRICE = Ph 9,322,300 Three bedrooms - Total area 107.35 sq.m CONTRACT PRICE = Ph 12,059,600 Reservation Fee = Ph 50,000 Pesos Grand Cenia Terms of Payment - Condotels and Residential Units 1.) SPOTCASH - 90% Upon reservation and avail of a 10% discount.with the 10% balance payable upon turnover 2.) 2 YEARS TO PAY INTEREST FREE ( with PDC's) – monthly amortization to begin 30 days after reservation 3.) 20-80 SCHEME – 20% over two (2) years),with the 80% balance to be paid in full prior to unit turnover (Note:The 20% is payable in 24 months,to commence 30 days after reservation,with postdated checks.The 80% balance to be paid prior to turnover or in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%) 4) 50-50 SCHEME - 50% over two (2) years), with the 50% balance to be paid in full prior to unit turnover. Note:The 50% is payable in 24 months,to commence 30 days after reservation, with postdated checks.The 50% balance to be paid prior to turnover,in cash or via in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%
Grand Cenia Condotel Units as Hotel Rooms Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size). Bigger hotel rooms and adjoining units can be transformed and offered by the hotel as deluxe or suite rooms for guests. THE Grand Cenia CONDOTEL OWNERS ARE REQUIRED TO PAY A JOINING FEE OF P250,000.00 AND THE HOTEL MANAGEMENT WILL BE THE ONE TO FURNISHED THE UNITS INTO A HOTEL SUITES. THE CONDOTEL OWNERS HAS 14 DAYS FREE STAY EVERY YEAR PLUS 14 DAYS DISCOUNTED HOTEL RATE. THE RETURN OF INVESTMENT (ROI) ANNUALLY IS 15% TO 20% OR P35,000.00 TO P50,000.00 MONTLY FOR JUST A CONDOTEL AREA OF 24.27 SQM. THE BIGGER CONDOTEL AREA IS THE MORE PROFIT SHARES, BECAUSE THE SHARING IS BASED IN PER SQUARE METER OF THE UNIT. ONCE THE CONDOTEL OWNERS CAN PAY AT LEAST 40% OF THE CONTRACT PRICE, THEY ARE ALREADY ALLOWED TO ENROLL THEIR UNITS IN THE RENTAL POOL. SO WHILE THEY ARE STILL PAYING THEIR UNITS, AT THE SAME TIME RECIEVING A PROFIT SHARES FROM THE RENTAL POOL. THE PAYBACK PERIOD OF THE CONDOTEL UNITS IS 5 TO 6 YEARS IN RENTAL POOL. WHETHER YOUR UNIT IS OCCUPIED OR NON OCCUPIED, THE SAME PROFIT SHARING YOU CAN GET EVERY QUARTERLY. CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE PROPERTIES.

For Project briefing, Please call the undersigned and for any additional information you might need. Thank you very much, best regards and God bless!

Very Truly Yours,

REALTOR SAMUEL "SAM" LAO
Mobile # (Phil.) - 0918.9236123
Telephone # - 032-5166194

Email Address : laosamuel@yahoo.com

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The information contained in this website is for reference only. While every reasonable care has been taken in the preparation of this site, the owner or its representative and agents shall not be held responsible for any inaccuracies. Nothing contained herein shall constitute or be construed as an offer, representation or warranty whether expressly or implicitly on the pact of the owner or its representatives or agents. Interested person are advised to make their own inquiries and satisfy themselves in all respects.



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