The property 'Kiener Hills Condominiums on Mactan Island, Cebu was originally completed in 2002. Of the 548 total units in the project so far 25% have been developed and furnished. The majority of these fully-furnished units are being run by SDR Serviced Apartments as serviced apartments. The project over the past 12 months has been completely re-developed and upgraded. Kiener Hills now offers an excellent investment opportunity for investors and end-users.
Apartments in the project have appreciated 70% over the past 3 years. Despite the current economic gloom, savvy international investors and industry experts suggest that the main appreciation of property in Cebu will occur over the next 5 years and will not plateau for many years thereafter. More importantly - even in these turbulent times - SDR gives you the choice of a 6% guaranteed return on your fully managed investment or a 60% share of net monthly room income.
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