RENT TO OWN CONDO FOR SALE MANDALUYONG

SUNSHINE 100 CITY PLAZA PIONEER

The first tower rising at Sunshine 100 City Plaza Pioneer is the Red Tower.

The Sunshine 100 developments have distinct colorful designs.

Located at Pioneer corner Sheridan Streets, Mandaluyong City

ALL UNITS IN TOWER 1 ARE READY FOR OCCUPANCY and SEMI-FURNISHED

In close proximity to key points in Metro Manila, namely:

Makati Business District
Ortigas Business District
Rockwell Center
Fort Bonifacio
Malls – Shangri-La, Megamall
Schools – De La Salle Greenhills, Poveda, Lourdes School, UAP, St. Paul Pasig
Churches

Accessible to public transport
MRT
Buses
Jeepneys
Tricycles

Residential Units

1-BR Bi Level/ Loft Type Units (50.00 square meters)
2-BR Units (50.55 square meters)
2-BR Units (55.95 square meters)

Parking Units
Ground Level : 13
Basement Level : 37
OPEN PARKING : 187

PRICES:
1 Bed Room Loft Unit
Unit 2903
Area: 50.00 Sq. M.
Price: PhP4,331,302.50
Less: 5% Discount
Net Price: PhP4,114,737.37

2 Bed Room 50.55 Sq.M. Unit
Unit 201
Price: PhP4,199,757.19

2 Bed Room 55.95 Sq.M. Unit
Unit 505
Price: PhP4,654,593.80
Less: 5% Discount
Net Price: PhP 4,421,864.11





Contact us:
Joebel M. Roa
Creating Abundance in Real Estate Network (CARENET) Cooperative
Mobile#:+63917.913.5075
Email:joebelroa@gmail.com

CONDO INVESTMENT FOR SALE PHILIPPINES

THE RITZ BEST WESTERN HOTEL ANGELES CITY, PAMPANGA

Nestles in an urban residential enclave, Best Western The Ritz in Angeles City, Pampanga, promises security, privacy and accessibility. Its unique location takes travelers off the beaten path, but never far from Northern Philippines major destinations. The Diosdado Macapagal International Airport, Clark Freeport Zone, Angeles City center, and (via the SCTEX) Subic Bay are minutes away.

Best Western The Ritz is a premier condotel that offers the opportunity to earn. Each unit is cinfigured to fill every home need and investment appetite. Hotel units earn recurring income as part
of The Ritz, the first hotel north of Manila managed and operated by Best Western International. One may choose a cost-effective single unit or combine two or more for maximum yield.

THE RITZ CONDOTEL GENERAL DESCRIPTION
The Ritz Condotel is consist of a Seven(7) Storey hotel building which consist of a total 116 room units for sale. Amenities includes lobby,an all day dining restaurant,Swimming pool and Deck area for outdoor drinks and dining.

LOCATION OF THE RITZ CONDOTEL

The Property is located in Malabanias Rd.Clark,Angeles city,Pampanga,Philippines.The location is among thecountry’s hotel development hot spots, Clark/Angeles City in Pampanga ranked as#1.Clark Free port zone is the next Big commercial developments with the developments of Diosdado Macapagal International Airport as the one of the major International gateways in the Philippines.Two big airlines:Air Asia and Emirates will start to operate next this year 2013 and is expecting more International airlines to operate in Diosdado Macapagal International Airport.

THE RITZ CONDOTEL HOTEL OPERATOR
Best Western International
Best Western International is the largest hotel chain in the world, withmore than 4000 hotels and resorts in over 90 countries and territories. It is among the most recognizable brands in the world, with almost 70 yearsof pioneering experience in the global hospitality industry.

WHY INVEST IN THE RITZ- CONDOTEL IN CLARK?

CONDOTELS are the best form of real estate today:

•   Cash flow is immediate
•   No waiting needed for property appreciation
•   Very low maintenance- someone else maintainsit, manages it, rents it out and reports on its cash flow.

Foreign and domestic tourist to visit Clark in 2012 is 1.3Million and is expected to hit 10Million in 2016.

THE LEASEBACK AGREEMENT

• A 15 yearLeaseback agreement is a document signed by both the Buyer/ Unit and thedesignated representative of Best Western that stipulates that theircondominium unit/s will be part of the pool of condominium units that will beoperated by the later as a Hotel
• During the 15year period, unit owners will be given a complimentary 7 room nights annually
• This documentnow allows Best Western to offer your condominium unit to the Global Market andpave the way for your  property to becomeIncome Generating for the entire duration of your Agreement

PRICE AND TERMS
P93,000/square meter

Excluding Furnishingcost (approximately P380k).Unit owners will bebilled to pay for this 6 months before turn over date.

• floor Area :34.20 sqm
• Total Contract Price :Php3,180,600.00
• Reservation fee : P50,000
• 30% Downpayment :Php954,000.00
• (Payable in 12 months with PDC):pHP79,500.00
• 70% Loanable Balance:Php2,226,000.00

Monthly Amortization(70% Loanable Balance):

• 2 yrs to pay :Php101,713.00 per month
• 3 yrs to pay :Php72,890.00 per month
• 5 yrs to pay :Php51,805.00 per month

WHAT DOES A CONDOTEL OWNER GET?

• A Condominium Certificate of Title (fullownership)
• Annual BankAccount Deposit for the next 15 years.
• A worry freemaintenance of the property.

 RETURN ON EQUITY OF THE INVESTMENTS

Computations/ assumptions :
As a startwe are only looking at 50% OCCUPANCY RATE   atp4,000/room night.

• Management feesat 20% of gross revenues
• Cost ofOperations at 40%
• 58 rooms/ nights x 365: Php  21,170 room nights
• Rate per night:  Php 4,000.00 
• Gross revenues:  Php 84,680,000
• Management fees:  -Php 16,939,000
• Revenues after Management fees:  Php 67,744,000
• Expenses on Hotel operations:  Php 33,872,000
• Net Revenues before taxes: Php 33,872,000
• Total floor area of all the 116 rooms:  3,916.08sqm

P8,649.46/per square meter

On the 2nd year, we can assume a 62% OCCUPANCY RATE at  Php4,000/room night.

• Management fees at 20% of gross revenues
• Cost of Operations at 40%
• 72 Rooms/ nights x 365: Php 26,280
• Gross revenues:   Php 105,120,000
• Management fees: -Php 21,024,000
• Revenues after Management fees: Php 84,096,000
• Expenses on Hotel operations: Php 42,048,000
• Net Revenues before taxes: Php 42,048,000
• Total floor area of all the 116 rooms: 3,916.08sqm

  P10,737.27/ persquare meter

On the 3rd year, we can assume a 62% OCCUPANCY   RATE at p4,000/room night.

• Management fees at 20% of gross revenues
• Cost of Operations at 40%
• 84 rooms/ night x 365: Php 30,660
• Rateper night: Php 4,000
• Gross revenues: Php 122,640,000
• Management fees: -Php 24,528,000
• Revenues after Management fees: Php 98,112,000
• Expenses on Hotel operations: Php 49,056,000
• Net Revenues before taxes: Php49,056,000
• Total floor area of all the 116 rooms: 3,916.08sqm

  P12,526.81/ per square meter

On the 4th year, we can assume a 75% OCCUPANCY   RATE at p4,000/room night.

• Management fees at 20% of gross revenues
• Cost of Operations at 40%
• 87 rooms/ night x 365: Php 31,755
• Rateper night : Php 4,000
• Gross revenues: Php 127,020,000
• Management fees: -Php 25,404,000
• Revenues after Management fees: Php 101,616,000
• Expenses on Hotel operations: Php 50,808,000
• Net Revenues before taxes: Php 50,808,000
• Total floor area of all the 116 rooms: 3,916.08sqm

  P12,974.20/ persquare meter

34.20 square meter unit annual income computation

• P8,649.46 x34.20 sq. m   =  P 295,811.53/ 1st yr
•  P 10,737.27 x -do-          =  P 367,214.63/2nd yr.
•  P 12,526.81 x -do-          =  P 428,416.90/3rd yr.
•  P 12,974.20 x -do-          =  P 443,717.64/4th yr.
•  P 12,974.20 x -do-          =  P 443,717.64/5th yr.
•  P 12,974.20 x -do-          =  P 443,717. 64/6th yr.
•  P 12,974.20 x -do-          =  P 443,717.64/7th yr.
•  P 12,974.20 x -do-          =  P 443,717.64/8th yr.
•  All the way going to the 15th year

RETURN ON EQUITY INVESTMENT PROJECTED IN 8 YEARS 
OTHER UNITS SIZES AND PRICES

• 28.80 sq. m : P2,678,400.00
• 42.00 sq. m : P3,906,000.00
• 55.88 sq. m : P 5,196,840.00

for more details and inquiries contact us:
Joebel M. Roa
Creating Abundance in Real Estate Multipurpose Cooperative
#242 ABBA Building,Brgy.Pinagkaisahan,Makati City,Philippines
Mobile#:+63917.913.5075
Email:joebelroa@gmail.com