Project Name: Savoy Hotel Mactan Newtown-Queen Suite-RFO
Location : Mactan Newtown, Lapu-lapu City
Mactan Newtown is a true testament to the “live-work-play-learn” lifestyle that ensures growing, living, and vibrant communities. And here in the Philippines’ trendiest destination for travelers and pleasure-seekers, Savoy Hotel emerges as the most exciting way to own a piece of the action.
A “WORRY-FREE” INVESTMENT
The hotel operator manages the leasing of the hotel rooms, their maintenance, refurbishment and improvement as well as their operating expenses, real property taxes, association dues, common area charges, utilities, insurance and other related expenses.
Accessibility:
- 15 minutes going to Marina SeaView Resto and Lounge
- 15 minutes going to Mactan Marina Mall
- 20 minutes going to Mactan Export Processing Zone
- 20 minutes going to mactan international airport
- 25 minutes going to Gaisano Island Mall
- 30 minutes going to family farm and kilo-kilo Grill
- 30 minutes going to other koreans restaurant and malls.
-45 minutes going to public market
Sample Computation :
1. Total Contract Price: Php 5,088,750
2. Reservation Fee : Php 25,000 (Deductible to Downpayment)
3. 10% Spot Downpayment : Php 483,875 (Payable within 30 days from Reservation)
4. 10% Equity : Php 508,875 payable up to 24 months
:Php 21,203/mo
5. 80% Loanable Amount : Php 5,882,250
6. Add: Fit-out Cost : Php 1,811,250
7. 80% on the 25th Month: Php 4,070,999
Estimated Bank Computation:
* 20 years @ Php 40,463/month
* 15 years @ Php 48,063/month
* 10 years @ Php 63,838/month
* 5 years @ Php 112,358/month