Ultima Residences - Ramos Tower
(Prime CONDOTEL For Sale - Ramos St., Cebu City)
Amazingly Affordable!!
Ultima Residences Ramos Tower comprises 30-storeys of mixed used levels. Units are sold at a much affordable rate. Commercial spaces are also available at ground level. Homeowners and hotel guests will love the studio unit with balcony offering a sweeping view of Cebu Mountains and the Cebu Harbor.
Features and Amenities:
Close Circuit TV, Automatic Generator Set, Automatic Sprinkler System, Internet Connection, Video Intercom, 5 High-Speed elevators, Swimming pool, Multi-level basement parking.
ENROLL IN OUR LEASEBACK PROGRAM (RENTAL POOL)
- The leaseback program is a condominium-hotel project offered for purchase and to be owned by individual owners who have the option of renting it out as a hotel suite when not in use.
- Owners of the unit may produce rental revenues, making the ownership of a unit an income-generating investment for them.
- It will be managed by an experienced and established hotel management operator - Crown Regency.
- No more association dues or maintenance fees
- The minimum period you can have your unit enrolled in the rental pooling is 10 years
- Enjoy 30 days free stay in the hotel for one year!
FOR MORE DETAILS ABOUT THE LEASEBACK PROGRAM (Click Here)
PROJECTED ANNUAL INCOME
Assumptions:
- 80% hotel occupancy rate, which is the average hotel occupancy rate of quality hotels in Cebu
- Room rate of P2,000 per night. This is even a conservative rate as the current hotel rates of 3-4 star hotels ranges from P3,000 to P4,000.
- 335 days in operation since you will be given 30 days of free stay in the hotel.
- Operating expenses including hotel management fees is estimated at 50% of the total revenues.
Based on the above assumptions, your projected annual income will be P268,000!.
Condo Unit Specifications:
- 400 condominium units
- 28 – 66 sq. meter area
- Units available w/ balcony
- Priority buyers are Club Ultima members & future members
- Price: P2.1-2.5 million
1. ACTUAL PRICELIST (CLICK HERE)
2. ULTIMA RAMOS TOWER REMAINING INVENTORY (CLICK HERE)
Payment Terms and Financing Scheme
Reservation Fee: P50,000
Option 1
- Total contract price payable in 36 months without interest
- Downpayment is 20% of total contract price payable in 6 months without interest
- 50% payable in 3 years with no interest
- The balance of 30% payable upon turn-over of unit
Option 3
- Downpayment is 30% of total contract price payable in 6 months without interest
- 50% payable in 3 years with no interest
- The balance of 20% payable upon turn-over of unit
CONTACT US for more details
PHOTOS
Contact Us
Contact Nos:
Mobile Phone - (63) 9176280800
Landline - (63-32) 3161077
Email: philcebuproperties@yahoo.com