Hotel 101 Condo-Tel for Sale
- Lapu-lapu City, Cebu, Philippines
Hotel 101 condotel for sale in Lapu-lapu City Cebu.
Reservation/purchasing of this unit can be done personally in the office OR online! All payments must be directly deposited to the Hotel 101's bank account.
Soon to rise in a 5,493 sqm prime commercial lot along the Mactan-Cebu International Airport Road, Hotel 101 Cebu Mactan Airport offers a cosmopolitan type of accommodation with its own convention center and refined commercial strip. Poised to be the biggest airport condotel in the Visayas region, the project is another landmark in the making. Hotel 101 Cebu will be complemented by a convention center and commercial strip.
With the vision of being one of the best large-scale hotel brands in the country, Hotel 101 promises to be a choice accommodation, with services and facilities that address the needs of a fast-paced leisure and business environment.
As hotel room rates and occupancy increases over time, both Hotel 101 Cebu and its unit owners are positioned to continuously gain financial benefit from their real estate investment.
With this new hotel, it brings to 6 the number of Hotel 101 projects which will pre-sell this year in key tourism and urban areas in the country, including Bohol, Boracay, Cebu, Davao, Palawan, and the Fort.
Hotel of Asia, Inc., the developer of Hotel 101, is DoubleDragon’s hospitality arm. The hotels under its portfolio include Jinjiang Inn (Makati, Ortigas, and Boracay), Injap Tower Hotel, and Ascott DD Meridian Park Manila.
HOTEL 101 PROJECTS:
- Hotel 101 – Manila (Sold Out and fully operational since 2016)
- Hotel101-FORT (Sold Out)
- Hotel101-Davao-Pre-Selling stage under construction.
- Hotel 101-Cebu Mactan Airport
- Hotel101-Boracay (inside Boracay New Coast)
- Hotel101-Bohol (in front of Panglao Beach).
- SkySuites Tower (Quezon Ave. Cor EDSA) -December 2018
- WHTaft-(Beside Lasalle Taft) – operational since 2015.
PROJECT DETAILS:
- Number of Rooms: 548 ( poised to become the biggest airport hotel in the Visayas region)
- A 12-storey Business and Leisure Hotel.
- Located in a 5,493 sqm prime commercial lot along the Mactan- Cebu International Airport Road.
WHAT’S NEARBY:
- Mactan-Cebu International Airport
- Golf courses (Mactan Airbase Golf, Mactan Island Golf Club).
PARTNERSHIP:
- nit Owner Share
- 30% of Gross Room Revenue excluding Taxes
- Condominium title to the unit.
- Free nights in Hotel 101 projects nationwide
- Will shoulder real property tax.
HOTEL 101 SHARE;
- 70% of Gross Room Revenue excluding Taxes
- Will shoulder cost of unit fit-out, hotel operating expenses, unit repairs, and maintenance.
PROFIT SHARING -THE EVOLUTION OF RENTALS:
In a residential condominium, if there are NO TENANTS, then there will be NO INCOME. While in Hotel 101 Cebu, it assures all investors/ unit owners of a 30% INCOME as a share from the Hotel’s over-all revenue! So, you will not worry about any unrented units, you will let your money work for you, plus you can stay overnight for FREE for x number of days in any Hotel 101 nationwide!
Hotel 101 Cebu is a condotel concept of DoubleDragon Properties Corp. (a real estate venture between Mang Inasal and Jollibee) wherein if you buy a unit, you no longer need to manage it personally.
HERE ARE THE FEATURES:
- All furniture and appliances are already included.
- NO Monthly Dues
- NO Maintenance Fees
- NO Renovation Costs.
- NO need to purchase a Parking Slot
- 10 Days FREE STAY Vouchers (transferable to friends and loved ones and are given annually — 5 of these vouchers can be used in different locations).
- Revenue Shares are deposited EVERY 16th of the Month
- ABSOLUTE OWNERSHIP with TITLE (CCT – Condominium Certificate of Title).
- HASSLE-FREE Investment as you don’t need to manage your unit personally
- GUARANTEED INCOME regardless of whether your unit has been occupied or not as the shares will be equally divided among owners
- 0% INTEREST on All Payment Terms.
HAPPY ROOM :
Hotel 101’s signature room is crafted with consistency and efficiency in mind.
- Unit Size: 21 square meters
- Fully fitted out
- Kitchenette with microwave.
- Natural lighting and ventilation
- Maximized ceiling heights.
FEATURES and AMENITIES:
- Lobby
- All-day dining restaurant
- Function Halls
- Business Center
- Deck.
- Rooftop Bar
- Spa
- Fitness Gym
- Swimming Pool
- Casino
- Retail Shops.
