INVEST YOUR HARD-EARNED MONEY with the premium CONDORMITEL CONCEPT student residence along University Belt, Manila with 100% YEAR-ROUND OCCUPANCY RATE, for property investors looking for passive income thru rental yields!!! "Habambuhay na Hanapbuhay" Project: SPACE UBELT by Major Homes Inc Location: Along C.M. Recto Avenue, City of Manila (near FEU) Project Turnover: 1st Quarter 2017 Land Area: 2,027.73 Sqm. Total Number of Units: 1,768 (Residential), 95 (Commercial) Number of Floors: 38 Sample Price and Payment: Area (sqm) 15.59 sqm TCP P1,739,000.00 Reservation Fee P25,000.00 Spot DP (5%) P61,950.00 30% DP 0% int. (30 mos.) P17,390.00 65% balance thru bank fin P1,130,350.00 Estimated Monthly Amortization for Bank Fin: @ 5 yrs (10% int.) P24,016.60/month @ 10 yrs (10% int.) P14,937.66/month @ 15 yrs (10% int.) P12,146.80/month @ 20 yrs (10% int.) P10,908.12/month The Project: Space U-belt is a condormitel concept. It's a condominium, dormitory and hotel that operates as one. It is a real estate asset for it is fully secured a Condominium Certificate Title (CCT), can be leased out like a dormitory and with a service comparable to a hotel. Each unit is fully furnished with 3-4 beds, thus giving unit owners the freedom to have their spaces rented out on a per bed basis. Strategically located at the heart of the University Belt, s pace U-belt offers a winwin situation for both tenants and investors. Unit Designs & Floor Plans: FULLY FURNISHED--Each unit is fully furnished with 3-4 beds, including A/C Unit (Window Type) , Cabinet, Mini - Refrigerator , Microwave Oven , Shower , Washing Machine and Study Desk. Typical Floor Plan: (11th-38th Floor) 14 sqm - 56 units 17 sqm - 2 units 20 sqm (Inner) - 2 units 20 sqm (corner) - 1 unit 23 sqm (corner) - 1 unit 14 sqm (3 beds) 17, 20, 23 sqm (4 beds) Total Units per Floor 62 Units Building Features: - 38 storeys - 3-Level Retail for Dining, Convenience Shopping & Cinema - Amenity Area at the 9th Floor - Secure premises with Security Key Card for all Unit Owners - WI-FI provision on All Floors - Eight (8) Elevators with Air conditioned Main Lobby - CCTV System for Common Areas - 24-hour Security - Fully-Automated Fire & Smoke Detection System - Water Reservoir & Separate Fire Reserves - Standby Emergency Power Cable TV Provision IMMEDIATE LANDMARKS WITHIN THE VICINITY: Schools: - University of Santo Tomas (UST) - Far Eastern University - University of the East - San Sebastian College - Recoletos de Manila - San Beda College - Centro Escolar University - La Consolacion College - College of the Holy Spirit - National University - Arellano University - Manuel Luis Quezon University - Technological Institute of the Philippines - National Teachers College - University of Manila - Philippine College of Criminology - STI College
Other Details:
Number of Bedrooms: 3 Number of Bathrooms: 1
Price: 1,739,000.00 PHP
Keywords:
Condormitel, Condominiums in Manila, Manila Real Estate, For Sale Properties, Real Estate Philippines
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