The property is located in Mactan Island with 10 apartments
From a retreat and the great vibe to a soaring apparel in
Lapu-Lapu City, this year has been for sale.
This walled property has been a host for corporate businessmen, family
tourist and transient from different countries. An extremely attractive
property, with easy access to the resorts and airport in the city. Hiros Apartelle takes us a tour in their good
deal property sale.
The property is owned by a Japanese, the interiors is mixed with Japanese and Filipino influence offers 1, 541 sq. m. with 10 apartments (includes LCD TV Refrigerator · Table · 2 chairs · bed · closet · curtain · safety box · toilet · hot water shower) with a Lobby, office, staff room, kitchen, toilet, laundry area, garden and cottages plus Cable for televisions and WIFI.
It is a serious piece of hospitality property and it’s been for sale fully furnished for 28, 000, 000 pesos.
Here’s the good news, the price is open for negotiation.
3 Reasons Why You Need to Consider Buying this Property
1. The Location
They are located in Abuno, Lapu-Lapu City, location plays a significant role in attracting customers. Entertainment venues and tourist attractions make the metropolitan location seem the most promising, we can hardly see the fierce competition. Buying this hospitality property offers convenient access to an airport, public transportation, restaurant and entertainment destinations is ideal, but the challenge is you have to come up with he innovative ways of differentiating from other business lodging options in the vicinity. But as long as the business is along a well-traveled corridor with desirable amenities nearby is still in pace for attaining the highest occupancy rates.
2. Best Value Hotel
Many scenarios when a hospitality property trade hands in expanding the property itself. We say that the property is in a great deal for upgrading the entire exterior face, but as little upgrading rooms furnishing and accents. We've seen the best hotel value here. As part of why you should buy the property an expectation to thrive for the next generations or so. We can see the high value in tourism in Cebu can offer in the next ten years. Because trends in this industry changes quickly.
An old saying that as time changes, the people who come out on the top are the ones who know change to fit the time. That's a good lesson for those who wants to be successful when in investing a business today in the future.
3. The Price
More affordable compare to other properties. With the 28 M price remember that this still negotiable, think about it’s fully furnished and we’re talking about the long term investment. As tourism has its high demand in Cebu specifically in Lapu- Lapu City, according to DOT reviews estimated over 1.8 million of tourists from different countries visited here in Cebu every year. Now, come to think of it as the years the variable rate for hotels increases as well.
Awareness of the market is a predictor in any business,
market conditions largely dictate the degree of leverage you will encounter in
buying this property. The initial investment of time and money is substantial,
but the decision to buy this property can be lucrative and rewarding one.
We'd love to hear from you!
Fill out the form or call to talk with our team if you are interested in visiting the property.