Grand Cenia Hotel And Residences Cebu Condominium
Fronting Ayala Mall
Grand Cenia Hotel and Residences one of the prestigious cebu condominium project of Filinvestland Cebu, Philippines. It has a 25-storey Cebu condotel and Residential Tower that will upswing along Archbishop Reyes, corner Solon Street, Banilad, Cebu City. Their improvements on a 4,211-sqm property advantageously located within the Cebu Central Business District. It is intellectualized in response to the successful hotel industry in Cebu.
The true essence of its name, Cebu Condotel Grand Cenia strive for to attract people who have gone places and are going places. The condotel product mostly hopes to attract the market segment that have needs for transitory living spaces whenever they visit Cebu, whether for business or pleasure.
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:
Found 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
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.
Floor Plans can be Clickable to zoom out!
PRICE: Php 5,362,729.50
Reservation Fee: 50,000.00 ( non-refundable )
Floor Area:107 sqm
1BR Unit Type Suite - Grand Cenia
Grand Cenia Residencies offered 1 Bedroom Unit for sale exclusive of Parking Slot!
119 residential condominium units (19th to 25th floor)
432 condotel units (7th to 18th floor)
2 floors of office spaces (2nd & 3rd floor)
Commercial spaces (ground floor)
PAYMENT TERMS: Sample Computation Only
a.) Cash Payments:
*Spot Cash upon reservation with 8% discount
net payable = Php 4,883,711.20
b.) Defferedd Cash Payment:
*24 months to pay without interest = 221,363.72/mo.
c.) Bank Financing 20/80 Scheme:
20% Downpayment:
*Spot cash payment with 3% disc. = 1,054,722.22 or
*12 equal monthly payment NO interest
= 85,212.15/mo.
80% Balance to be financed: Bank Financing
*10 years to pay = 50,925.24/mo.
d.) Bank Financing 10/90 Scheme:
10% Downpayment:
*Six equal monthly payment NO interest
6 month to pay = 81,045.49/mo.
90% Balance to be financed: Bank Financing
*10 years to pay = 57,290.89/mo.
Updated as of December 12, 2014
PRICE: Php 7,312,985.23
Reservation Fee: 50,000.00 ( non-refundable )
Floor Area:75.78 s.qm.
2BR Unit Type Suite - Facing Mandarin Hotel
Grand Cenia Residencies offered 2 Bedroom Unit for sale exclusive of Parking Slot!
119 residential condominium units (19th to 25th floor)
432 condotel units (7th to 18th floor)
2 floors of office spaces (2nd & 3rd floor)
Commercial spaces (ground floor)
PAYMENT TERMS: Sample Computation Only
a.) Cash Payments:
*Spot Cash upon reservation with 8% discount
net payable = Php 6,677,946.40
b.) Defferedd Cash Payment:
*24 months to pay without interest = 302,624.38/mo.
c.) Bank Financing 20/80 Scheme:
20% Downpayment:
*Spot cash payment with 3% disc. = 1,368,719.10 or
*12 equal monthly payment NO interest
= 117,716.41/mo.
80% Balance to be financed: Bank Financing
*10 years to pay = 69,445.14/mo.
d.) Bank Financing 10/90 Scheme:
10% Downpayment:
*Six equal monthly payment NO interest
6 month to pay = 113,549.75/mo.
90% Balance to be financed: Bank Financing
*10 years to pay = 78,125.78/mo.
Updated as of December 12, 2014
Pls. click to zoom out!
Pls. click to zoom out!
Views Fronting Ayala Mall
2 BEDROOMS READY FOR OCCUPANCY UNIT!
1 BEDROOM READY FOR OCCUPANCY UNIT!
READY FOR OCCUPANCY UNIT!
Facilities and Amenities are clickable to make it larger view!
PRICE: Php 3,984,352.26
Reservation Fee: 50,000.00 ( non-refundable )
Floor Area: 34.02 s.qm.
STUDIO Unit Type Suite - Facing Ayala Mall
Grand Cenia Residencies offered Studio Unit for sale exclusive of Parking Slot!
119 residential condominium units (19th to 25th floor)
432 condotel units (7th to 18th floor)
2 floors of office spaces (2nd & 3rd floor)
Commercial spaces (ground floor)
PAYMENT TERMS: Sample Computation Only
a.) Cash Payments:
*Spot Cash upon reservation with 8% discount
net payable = Php 3,615,604.10
b.) Defferedd Cash Payment:
*24 months to pay without interest = 163,931.34/mo.
c.) Bank Financing 20/80 Scheme:
20% Downpayment:
*Spot cash payment with 3% disc. = 722,964.33 or
*12 equal monthly payment NO interest
= 62,239.20/mo.
80% Balance to be financed: Bank Financing
*10 years to pay = 23,647.48/mo.
d.) Bank Financing 10/90 Scheme:
10% Downpayment:
*Six equal monthly payment NO interest
6 month to pay = 58,072.53/mo.
90% Balance to be financed: Bank Financing
*10 years to pay = 42,565.47/mo.
Updated as of December 12, 2014
STUDIO READY FOR OCCUPANCY UNIT!
Actual Views of Building Constructed to Ayala Mall ( Pls. click to zoom out! )
UPDATED PRICELIST AS OF DECEMBER 12, 2014
LATES UPDATE AS OF DECEMBER 12, 2014