Cavite Condotel For Sale

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Condotel For Sale in Cavite Aqua Mira Resort Saddle and Clubs Leisure Park TanzaCONDOTEL UNITS FOR SALEAQUAMIRAAquamira -is a resort and residences which features Waterpark as the main attraction and CONDOTEL that are available for investment.It is located at Saddle & CLubs Leisure Park in Brgy. Tanauan & Tres Cruses, Tanza, Cavite.Features and Amenities of Aquamira:?It has water park that includes Wave Ball, Lazy River, Pool Slide and Main Pool, located at each cluster of the condotels.?Clubhouse, which includes covered Basketball and Badminton Court, Fitness Gym & Coffee Shop.?What is a Condotel?CONDOTEL is also known as Villas. A shortcut word came from condominium+hotel, which allow someone to own a full-service vacation home.?How does condotel work?CONDOTEL is a type of investment where the units are individually own by an investor. Condotel units are place in a hotel rental program where it is rented out like any other hotel room. The rental profit is shared with the investor and the management.? Initial membership with the Condotel Corporation is 25 years.? Condotel units will be managed by Sta. Lucia Hotel Management Group.? Unit owner will be given a Condominium Certificate of Title (CCT) as proof of ownership and it is transferable.?Investment return of Condotel :? Investor will receive Quarterly Dividend provided the investor paid the 20% downpayment and hotel is fully operational.? Dividend is based on the Net profit and shared amongst Condotel investors (70) and Condotel Management (30).? Even your particular unit is not leased or used, you still get income.?Benifit of investing in Condotel- ? 30 days complimentary hotel room accommodation with hotel standard service annually. Three days can be spent on all Sta. Lucia Condotel.?What are the units sizes?? Ground floor (Studio Unit A- 31 sqm)Terrace - 8.75 sqm)? Second floor (Studio Unit B- 28 sqmBalcony - 2.70 sqmTotal unit area 30.70 sqm?What composes the miscellaneous fees and how much?? Monthly dues (50.00 /sqm)? Registration Fee (5.5% of TCP)? Utilities fee (35,000) *Based on Santorini MF