Condotel - Myvan Cityscape Tower

Download as
 PPT
Presentation Description 

http://realtorleslie.multiply.com/photos/album/53 - for more details.

By:
 (2 month(s) ago)  
Now is the best time to INVEST in a Condotel in Cebu and HEDGE on your money !!! Visit: http://realtorleslie.multiply.com/photos/album/53

authorSTREAM Premium Service
What's up on authorSTREAM?
Views: 201
Like it  ( Likes) Dislike it  ( Dislikes)
Added: September 09, 2009 This Presentation is Public 
Presentation Category : Product Training/ Manuals All Rights Reserved
Presentation Transcript

PRODUCT ORIENTATION :PRODUCT ORIENTATION


A Presentation by MYVAN PROPERTIES AND DEVELOPMENT INC.delivering “Affordable Luxury Living” :A Presentation by MYVAN PROPERTIES AND DEVELOPMENT INC.delivering “Affordable Luxury Living”


MYVAN CITYSCAPE TOWER :MYVAN CITYSCAPE TOWER


Slide 4:T h e P r o j e c t


Slide 5:The Location


Proximity: Your Landmarks :Proximity: Your Landmarks Walking Distance from SYKES Building (a call-center company) Short Drive from/to AYALA Mall & SM City Along F. Cabahug St. (Panagdait Area), near Sarrosa Hotel


CONDOTEL :CONDOTEL a FUSION of Residential Condominium + Hotel Operation a condominium serving 2 purposes : units set-up for hotel use under a lease-back program as well as units for residential use The Concept


BUILDING Features :BUILDING Features Number of Floors : 16-storey Number of Units : 13-14 units Per Floor No. of Parking Slots : 30 slots


BUILDING Features :BUILDING Features Basement Parking Slots 1st Floor Hotel Lobby & Commercial Area 2nd Floor MYVAN Corporate Office 3rd – 9th Floor Condo-Hotel Units 10th – 16th Floor Residential Units Roof Deck Swimming Pool Function rooms Clubhouse/Viewing Deck


The Amenities :The Amenities Hotel Lobby Reception Area Two (2) high-speed elevator units Indoor Parking Wide Roof Deck area with Swimming Pool, function rooms, viewing deck Landscape / Zen Garden Automatic Fire alarm and sprinkler system CCTV Monitoring System 100% Standby Generator for the whole building Prime Commercial Areas (for Lease): open for Restaurant, Coffee House etc.


Lobby / Reception Area :Lobby / Reception Area Amenities


Swimming Pool :Swimming Pool Amenities


Restaurant :Amenities Restaurant


Ground Floor Layout :Ground Floor Layout


Basement Parking Layout :Basement Parking Layout


Roof Deck Layout :Roof Deck Layout


The HOTEL FLOORS :The HOTEL FLOORS


The HOTEL FLOORS :The HOTEL FLOORS


HOTEL UNIT Features :HOTEL UNIT Features Includes ALL features of Standard Residential Units (except kitchen countertop & cabinets), plus the ff finishes: Beds Coffee Table Water Heater Television with Cable / Internet Closet / Dresser Bathroom Finishes Airconditioning Unit Sofa set (for Presidential & Junior Presidential Suites) Minibar (for Presidential Suite) Bathtub (for Presidential Suite)


HOTEL Unit :HOTEL Unit STANDARD ROOM 20.17 sqm


HOTEL Unit :HOTEL Unit CORNER ROOM 24.36 sqm


JUNIOR PRESIDENTIAL SUITE :JUNIOR PRESIDENTIAL SUITE HOTEL UNIT 29.38 sqm


PRESIDENTIAL SUITE :PRESIDENTIAL SUITE HOTEL UNIT 33.45 sqm


HOTEL Unit Perspective :HOTEL Unit Perspective


Presidential Suite :Presidential Suite


Presidential Suite :Presidential Suite


Presidential Suite :Presidential Suite


Completely Managed :Completely Managed Professional Hotel Manager pays all of the Condotel Units Bills such as : Electricity, Water, Utilities, Business Taxes Unit Owner just needs to wait for his Net Monthly Rental Income Regardless of where the owner resides The Net Monthly Rental Income may be deposited to owner’s bank account, upon request


Completely Managed :Completely Managed Income Distribution Approximately 60% of the Gross Hotel Revenues is deducted to cover the cost of operations of the Condotel Operation. The Balance of 40% of the Gross Revenues will be divided equally based on the floor area owned. Each condotel unit owner will earn the same amount per square meter, regardless of actual unit usage.


Completely Hassle Free :Completely Hassle Free Unit Owner is entitled to 30-DAYS FREE USE at any time (conditions apply) Unit Owner may assign his FREE USE to another person Complete USE of Hotel Facilities and Amenities even for Residents


Completely Income Generating :Completely Income Generating Projected Net Rental Income at 85% Occupancy Rate Net Income Since Condotel units are Completely Managed Share per month : (For Ave Size Unit) Php 13,059.27


Why invest in Real Estate? :Why invest in Real Estate? Maximizing your investment portfolio thru real estate development banking Bank vs. Real Estate


Why invest in Real Estate? :Why invest in Real Estate? Maximizing your investment portfolio thru real estate development banking Pre-Need Insurance vs. Real Estate


Why invest in CITYSCAPE ? :Why invest in CITYSCAPE ? INVESTMENT PROJECTIONS @ 85% Hotel Occupancy Gross Monthly Revenues : P 2,772,997.00 40% Unit Owner’s Share : 1,109,198.80 Ave Share per Unit per month : 13,059.27 for 20.17sqm unit Assumption: total floor area for condotel is 1,713.15 sq m(647.46 x 20.17 sq m) Annual Share per Unit (20.17sqm): 156,711.22 30 DAYS FREE USE (net of 30%) : 25,158.00 Annual Gross Income : 181,869.22 Less Amortization (PAG-IBIG) : 92,269.56 Net Annual Income : P 89,599.66


Slide 35:@ 85% Hotel Occupancy Total Contract Price : P1,553,090.00 Reservation Fee : P 20,000.00 20% DownPayment, net RF) : 290,618.00 MONTHLY DP FOR 18 MOS : P 16,145.44 80% BALANCE, thru PAGIBIG/ BANK : P 1,242,472.00 With only 20% DOWNPAYMENT : P 310,618.00 / Php 89,599.66 CASH ON CASH RETURNS W/IN : 3-4 YEARS!!!


RETURN ON INVESTMENT :RETURN ON INVESTMENT Annual Returns : P 181,869.22 5 years lock-up in hotel operation TOTAL RETURNS IN 10 YRS: P 1,818,692.200 Within 10 years, you have fully recovered your investment and the property is still within your possession!!! Note: Amounts stated above are subject to change based on prevailing prices and actual loan amounts and revenues. MYVAN Properties reserves the right to make changes or correct errors.


The RESIDENTIAL FLOORS :The RESIDENTIAL FLOORS


Residential UNIT Features: :Residential UNIT Features: Studio Type Completely Tiled Kitchen and Bathroom Floors Granite Kitchen Countertop and Cabinets with sink & faucet Balcony & windows Water Closet & Lavatory Provision for Telephone and CATV Modular Type: can combine 2 or more adjacent units for 2 or more bedrooms


Residential UNIT LAYOUT :Residential UNIT LAYOUT STANDARD UNIT 20.17 SQM


Residential UNIT LAYOUT :Residential UNIT LAYOUT CORNER UNIT 24.36 SQM


Unit Perspectives :Unit Perspectives


MODULAR Type: Combined Units :MODULAR Type: Combined Units 1-BR UNIT 40.34 sqm


MODULAR Type: Combined Units :2-BR UNIT 40.34 sqm. MODULAR Type: Combined Units


MODULAR Type: Combined Units :MODULAR Type: Combined Units 3-BR UNIT 60.51 sqm.


PricesPayment Terms & SchemesDiscounts Miscellaneous FeesModes of PaymentStandard Conditions :PricesPayment Terms & SchemesDiscounts Miscellaneous FeesModes of PaymentStandard Conditions


PRICE : HOTEL UNIT :PRICE : HOTEL UNIT Standard Unit Studio, 20.17sqm P1,553,090.00 Junior Presidential Suite Studio, 29.36sqm P2,260,720.00 Presidential Suite Studio, 33.45sqm P2,575,650.00 *Above amounts based on pre-selling prices. See Pricelist for complete price details.


PRICES: RESIDENTIAL UNIT :PRICES: RESIDENTIAL UNIT Standard Unit Studio, 20.17sqm P1,255,458.00 1-Bedroom Unit P2,510,916.00 40.34sqm 2-Bedroom Unit P2,510,916.00 40.34sqm 3-Bedroom Unit P3,766,374.00 60.51sqm *Above amounts based on pre-selling prices. See Pricelist for complete price details.


PAYMENT SCHEMES AND DISCOUNTS :PAYMENT SCHEMES AND DISCOUNTS SPOT CASH 10% DISCOUNT SPOT DOWNPAYMENT 2.5% DISCOUNT IF 30% SPOT DP, 70%BAL IN 18MOS @ 0%interest 3.5%DISCOUNT IF 50% SPOT DP, 50%BAL IN 18MOS @ 0%interest


PAYMENT SCHEMES & DISCOUNTS :PAYMENT SCHEMES & DISCOUNTS EASY INSTALLMENT


Pag-IBIG Payment Scheme :Pag-IBIG Payment Scheme


Sample Computation :Sample Computation Unit No. : 1001, studio Floor Area : 20.17sqm TCP : P1,553,090.00 SPOT CASH Reservation : 10,000.00 10% Discount : 155,309.00 Spot Cash : 1,387,781.00 DEFERRED CASH (18 months) Reservation : 10,000.00 Monthly Payment : 85,727.22 1st to 18th Month INSTALLMENT Reservation : 10,000.00 20% DP (net RF) : 300,618.00 18-mos DP : 16,701.00 Total Downpayment : 310,618.00 80% Balance : 1,242,472.00 M.A. for 30 years : 10,510.68* thru Pag-IBIG


MODES OF PAYMENT :MODES OF PAYMENT CASH Cashier’s / Manager’s Check Post-Dated Checks Online Remittance thru Bank Account Deposit directly to Bank Account, present copy of validated deposit slip for verification Payee to MYVAN Properties and Development Inc.


BANK ACCOUNT DETAILS :BANK ACCOUNT DETAILS BANK NAME: METROBANK ACCOUNT NAME: MYVAN PROPERTIES AND DEVELOPMENT, INC. ACCOUNT NUMBER: 401-340-150-313-8 SWIFT CODE: MBTC PHMM MBTC- Cebu A.S. Fortuna Branch A.S. Fortuna St. Mandaue City, Phils. (032) 416- 8858


Standard Conditions :Standard Conditions P20,000.00 Reservation Fee First DP required 30 days from reservation Eighteen (18) months Downpayment Period @ 0% interest rate Issue 18 Post-dated checks for monthly DP Issue 24 Post-dated checks for Monthly Amortization Balance can be applied for external financing, Bank / Pag-IBIG Eighteen (18) Months Construction Period Deliverable on June 2011 Any Request from buyer shall be made in writing


Standard Conditions :Standard Conditions Prices stated here are subject to change without prior notice. MPDI reserves the right to make changes or correct errors in the prices and terms indicated herein & its pricelist. Reservation Fee is non-transferable and non-refundable. Prices are exclusive of 4% transfer fee


Sales Requirements :Sales Requirements Upon Reservation: Reservation Fee Client Information Sheet (duly signed & accomplished) Reservation Application Upon Downpayment Contract-to-Sell Signed layout, deliverables valid IDs (xerox) 3pcs ID pictures Passport/Residence Certificate Proof of Billing Birth Certificate / Marriage Contract PDC’s for Monthly DP TIN If married, same requirements from spouse


Additional Sales Requirements, if applicable :Additional Sales Requirements, if applicable Pag-IBIG / BANK Documentary Requirements SPA form (if abroad, authenticated by consul) valid IDs, residence certificate/passport, ID picture, proof of billing, of Atty-in-fact Death Certificate of Spouse Court Order if Separated If Corporate Account, SEC registration, Articles of Incorporation, By-Laws, Board Resolution, Co.TIN, Co. Community Tax Certificate & Representative’s TIN & CTC


For further info : CONTACT US :For further info : CONTACT US Email Address: spacelandrealty@yahoo.com


PLS. VISIT OUR WEBSITE :PLS. VISIT OUR WEBSITE www.realtorleslie.multiply.com


Thank You! :Thank You!