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AD#720

updated as of October 2017

SOTOGRANDE DAVAO HOTEL - (Fully Fitted Condo Units)
"The first class 20-STOREY business condotel development in Davao worth investing"
Riverfront Corporate City, Maa, Davao City


Reception & Lobby


Piano Bar


Ballroom


Theather Room


Studio unit Perspective

  • HLURB LTS#to follow
  • Total Land Area: 3,265sqm
  • Exact location: Block 24 Lots 6, 7 & 8
  • Located at Riverfront Corporate City, Maa, Davao City
  • Vicinity/location map <click HERE>
    • 330meters from St. Paul College
    • __km from Ateneo University
    • __km from Airport
    • __km from SM Lanang
  • Click here for pricelist & availability <CLICK HERE>
  • Click here for Sample Computation of Studio <CLICK HERE>
  • Click here for Sample Computation of 1BR <CLICK HERE>
  • Click here for Sample Computation of 2BR <CLICK HERE>
  • Complete Power Point Presentation for CLIENTS <CLICK HERE>

  • Hotel facilities and amenities:
    • Main Lobby
    • Reception
    • Business Center
    • Ballroom
    • Piano bar
    • swimming pool
    • function rooms
    • coffee shop/Lounge/Restaurant
    • Gym
    • Lap Pool
    • Kiddie Pool
    • Jacuzzi Area
    • Poolside Bar
  • LOWER GROUND FLOOR: 18 parking slots
  • UPPER GROUND FLOOR: Main Lobby, Reception, Business Center, Piano Bar,
    Coffee Shop, Ballroom, Swimming Pool.
  • SECOND FLOOR: Function Rooms and Gym
  • Fully Fitted Units, Inclusions:
  • Frequently Asked Questions:

    1. What is a condohotel?
      >A condominium project that is operated as a hotel with a registration desk,
      cleaning service and more. The units are individually owned. Unit owners shall
      place their unit in the hotels rental program where it is rented out like any
      other hotel room
    2. Who will operate Sotogrande Condotel?
      > SOTOGRANDE will be operated by Sta. Lucia’s Hotel Management Group,
      a wholly-owned subsidiary of Sta. Lucia Land, Inc. A company dedicated
      established in 2008 and is currently operating 3 condominium hotel projects
      of Sta. Lucia : Sotogrande, La Mirada and La Breza.
    3. How long will the unit be part of the hotel pool?
      > The condotel will be operated for 15 years, after 15years if more than 50%
      of the unit owners will vote or agree for continuing the hotel operation then it
      continuous, if less than 50%, unit owners will have the option to individually
      lease it to others or live in it.
    4. What benefits do i get if i invest in condotel?
      > Quarterly dividends
      > 30 room nights free every year – option to use 3 nights/year/ in other
      hotel of Sta. Lucia
      > Even if your particular unit is not leased or use, you still get income
    5. Will unit owners still get dividends even if unit was not rented?
      > Yes! A condominium hotel owner will still be entitled dividends in Net Room
      room Revenue regardless of whether owner’s unit was actually rented or not.
      Net Room revenue generated from all hotel units are issued to all hotel unit
      owners (per sq.m. basis) after the end of each quarter.
    6. What are the advantages of Sta Lucia as hotel operator?
      > A “worry free” investment because the hotel operator manages the leasing of
      the hotel rooms, their maintenance, refurbishment and improvement as well as
      their operating expenses, real property taxes, association dues, common area
      charges, utilities, insurance and other related expenses.
      > An independent auditor, accredited with the Philippine Securities and
      Exchange Commission, will be hired to audit, examine or review the hotel
      operator’s annual operating statement.
      > Very low property management fee of 30% only compared to others with
      50% - 60%
      > Experienced hotel property management group with 3 operational hotels to
      date –really after the income commitment to investors
      > Property Management now have tie-ups with agoda.com, booking.com,
      expedia.com, orbitz.com, asiaroom.com, hotels.com, etc.
    7. Why invest in Condotel?
      > hassle-free ownership; no landlord issues; avoid maintenance headaches
      > generate rental revenue to offset some or maybe all your ownership
      expenses
      > a fantastic vacation home you can use whenever you want, "FREE"
      vacation anytime
      > a safe real estate investment in a day and age where other investments
      may seek more risky or less attractive
      > strong likelihood of appreciation
      > pride of ownership
    8. When can a unit owner start getting dividends?
      > once the condotel is operational provided that:
      -- fully paid with the requird DP
      -- SLLI received bank guarantee from the bank for the balance
      -- buyer is of good standing: meaning that the buyer is religiously paying
      ....his/her monthly ammortization even if the condotel is not yet operational
      -- PDC are required to start being entitled to dividends
    9. When is the start of Land Development & Completion?
      > Land Development to start 2015 and completion, end of 2018
    10. Is there available in-house financing scheme?
      > yes, only 5years to pay no interest, but promo only until further notice
    11. What are the requirements to submit upon reservation?
      > 2 Valid Philippine Issued ID
      > TIN ID or verification Slip
      > Filled up Buyer's Info Sheet <click to download form>
      > Signed letter of deposit <we will email you a copy>
      > Signed Reservation Agreement Form <click to download form>
    12. What are the other existing projects of Sta Lucia Land Inc. in Davao?
      > Rancho Palos Verdes
      > South Pacific Golf & Leisure
      > Ciudad Verde Maa
      > Ponte Verde Buhangin Maa
      > Alta Monte Tigatto
      > Las Palmas, Tigatto
      > Riverfront Corporate City, Maa
      > Ciudad Verde
    13. When can unit owners start getting dividends and 30room nights free?
      > Once the hotel is operational provided unit owners are fully paid on DP and
      with bank letter or guarantee. Buyer is in good standing, with PDC on the balance.
    14. Property Management, any tie-ups?
      > agoda.com, booking.com, expedia.com, orbitz,com, asiaroom.com, hotels.com,
      etc.
    15. How many parking slots?
      >18 parking slots
    16. What is the source of water?
      > DCWD - Dumoy Source

Units K - T is facing:


Floor Plan - 3rd Flor <click HERE>


Floor Plan - 4th to 15th Floor

---------------------------------------------------------


Unit Floor Plan - Studio A


Unit Floor Plan - Studio A-1


Unit Floor Plan - Studio A-2


Unit Floor Plan - 1 Bedroom A


Unit Floor Plan - 1 Bedroom A-1


Unit Floor Plan - 1 Bedroom A-2


SERVICED APARTMENTS NOW AVAILABLE

from 16th to 20th floor


for information, call: DHINES LARUGA (sun#0925000020, smart#09199991021
globe#09173144056)

  • Location or Vicinity Map <call us for free viewing >
    More photos, Click <HERE >

    FOR INFORMATION PURPOSES ONLY

    Flag Counter 

Contact us if you or your trustee here in Davao would like to visit this property for FREE!

 

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DHINES-LARUGA

Licensed Real Estate Broker
Broker PRC Lic. No. 0010181

Licensed Real Estate Appraiser
Appraiser PRC Lic. No. 0004274

FACEBOOK (24/7 online)
(atedhines)

SKYPE ID
msdhines

VIBER/WHATSAPP
0919 999 1021

RENTAL INQUIRIES
0999 995 1021

Phil: Mobile (GLOBE)
+63 917 314 4056

dhineslaruga@gmail.com
www.davaoestate.com
www.davaoestate.net




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