Philippine Property Investors: Condotel Investment in Philippines

CONDOTEL INVESTMENT

Is Condotel a a good investment? This question comes into mind when thinking of any property investment.

What really is a Condotel?

As defined in Investopedia.com :
A condominium project that is operated as a hotel with a registration desk, cleaning service and more. The units are individually owned. Unit owners also have the option to place their unit in the hotels rental program where it is rented out like any other hotel room.

Let us dig deeper into the advantages and disadvantages of a Condotel.

Advantages:
1. You will receive Passive Income of either monthly, quarterly or yearly
2. Your Unit will be managed as part of the Hotel Operations
3.   Free stay in the Hotel (normally it's 30 days)
4. Potential Capital Appreciation depending on the location of the Hotel
5.   No need to pay monthly dues as it's part of the maintenance of the unit

Disadvantages:
1.   Income will be based on the occupancy rate of the Hotel
2.   Sharing of Income normally is 30% of the gross sales divided to unit owners
3.   Some Condotel Operators requires a joining fee to enroll in their leasing program
4.   Furnitures and Fixtures is additional fee paid up by the investors

This might not be an exhaustive list. But as in all investment instrument due diligence is required and Caveat Emptor (Buyers beware).

Let's look into these 2 unique Condotels in the Philippines you can invest.
Do email philippineinvstorsclub@gmail.com in case you're interested to purchase a unit in any of these Hotels.

HOTEL 101

Operational in 2015 !!!

Own a Hotel. You get to own a piece of a hotel strategically located near business and leisure facilities, which will ensure marketability to tourists and business travellers.

Your unit will be managed as a part of the Hotel and you will have a yearly 30 days free use of the unit, and enjoy your privileges in the hotel amenities.

The 30% of the total gross sales less VAT will be equally divided among unit owners and shall be paid on a monthly basis with a schedule of payment on every 16th day after the end of each month.

WHY INVEST?
Earn Hassle-Free. You will receive a monthly income without worrying about how your business is doing, how to manage your business, and how to take care of all business matters. Just simply buy a unit, and earn monthly.

Earn More. Own a unit and you can possibly earn monthly more than what you’ll earn if you time deposit your money in the bank.

WHO OWNS HOTEL 101?
Hotel 101 is owned and developed by Hotel of Asia, Inc. and will be managed by Hotel 101 Management Corporation. Hotel of Asia, Inc. is comprised of three reputable companies; Injap Investments Inc., Oishi Liwayway Marketing Corp., and Staniel Realty & Development Corp.
Injap Investments Inc. operates fast food restaurants through its subsidiary, Mang Inasal Phil., Inc. was founded by Mr. Edgar “Injap” Sia II in Iloilo City. Since then, it has grown into an empire, with 445 branches nationwide, giving jobs to more than 10,000 Filipinos.

LOCATION
Located along EDSA Extension – Macapagal Blvd, Pasay City – is the 15-storey Hotel 101 Manila. It is the most ideal location for business and leisure, it is just 15 minutes away from the airport and Makati Central Business District, some government and business offices are readily accessible, and it is conveniently located at the heart of Manila’s best entertainment establishments. It offers an easy access to shopping, dining and leisure while being business-connected and updated.

A stone’s throw away from Mall of Asia
Right across Blue Wave
Few minutes away from PAGCOR Entertainment City
15 minutes away from the airport and Makati Central Business District

MODEL HOTEL ROOMS

The structure will have 522 condotel units, all with the same area of 21 square meters and fully furnished with hotel-grade fixtures. The rooms were set to fulfill your essential needs for comfort and convenience.
Room Facilities:
•   Two beds (1 queen size and 1 standard bed)
•   46” LCD TV
•   Kitchen sink with Mini ref
Amenities:
•   Swimming pool
•   Lounge area
•   Business center
•   Valet parking
•   Wi-Fi internet connection

INCOME PROJECTION

HOTEL 101 VIDEOS

Hotel 101 (Philippine Reality TV) - Part 1

Hotel 101 (Philippine Reality TV) - Part 2

Hotel 101 (Philippine Reality TV) - Part 3

Hotel 101 Corporate Video

U-BELT SPACE CONDORMITEL

Turn-over 2016 !!!

A concept coined because this Condominium is situated near the schools. The main earning potential of this project is to be operated as a dormitory.

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 will be furnished with a minimum of three beds, thus giving unit owners the freedom to have their spaces rented out on a per bed basis. This will give them greater chances to earn better profit. Strategically located near the University Belt, hospitals, government offices and commercial establishments, space offers a win-win situation for both tenants and investors.

TARGET MARKET

Here's the estimated student population around this Condormitel