The Grand Cenia Hotel & Residences - Condos - Condotels – Cebu City
The Grand Cenia Hotel & Residences,Condotels & Codominiums with a European theme.Exellent location along the corner of Archbishop Reyes and Solon Street, across Cebu Business Center, Ayala.
• 25-storey residential and commercial Condominium project
• Condotel and Condominium suites for sale
• Studio,1,2 and 3 Bedrooms
• Located at corner of Archbishop Reyes and Solon Street
• Prime location acccross Cebu Business Center,Ayala
• The architecture is mainly European in theme
Cistern tank - Backup power generator - 1 elevator from basement up to
the 3rd floor to service the office and commercial levels - 2 service elevators
4 passenger elevators with security system - Pressurized fire exits - Boiler
Individual water meters for residential condominium units - Valet parking for
condotel and commercial units - Podium Parking (4th, 5th and 6th levels)
Gym and Fitness Center - Swimming Pool - Children Pool - Swimming Pool Deck Landscaped Area - Gazebo - Lush Greeneries and Vegetation.
The “Condo Hotel” or a Condotel is is an amalgamation of the features of a condominium and a hotel. The condotel units are pooled and operated as part of a functional hotel,managed by a hotel operator,complete with amenities a full service hotel provides. The income generated by hotel operations,from renting out the pooled condotel units,will then be subdivided to condotel owners on a per square meter basis.The annual return on investment has been projected at 15%.
Please click here to view > ROI COMPUTATION ,as prepared by the developer
Typical Floor Plans - Condotels (7th to 18th Floors)
Terms of Payment - Condotels and Residential Units
1.) SPOTCASH - 90% Upon reservation and avail of a 10% discount.with the 10% balance payable upon turnover
2.) 2 YEARS TO PAY INTEREST FREE ( with PDC's) – monthly amortization to begin 30 days after reservation
3.) 20-80 SCHEME – 20% over two (2) years),with the 80% balance to be paid in full prior to unit turnover (Note:The 20% is payable in 24 months,to commence
30 days after reservation,with postdated checks.The 80% balance to be paid prior to turnover or in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%)
4) 50-50 SCHEME - 50% over two (2) years), with the 50% balance to be paid in full prior to unit turnover.
Note:The 50% is payable in 24 months,to commence 30 days after reservation, with postdated checks.The 50% balance to be paid prior to turnover,in cash or via in house financing at the following rates:5 years at 15%,7 years at 17% or 10 years at 19%
