Tuesday, July 19, 2011

OWN A CONDO WITH SURE MONTHLY GENERATING INCOME.

EARNING CONDO!!!!
If you’re looking for a condo, living a vibrant lifestyle, working in the central business district or simply looking for a substantial return in your investment…
We have an amazing value proposition for you at Bel-Air Soho
Unit Specification
Studio Type
Floor Area: 23sqm
1 Toilet & Bath
Residence Features

Natural ventilation for all units
Complete kitchen cabinetry
Provision for washer/dryer, cable TV, telephone lines
Provision for internet connection
Parking slots for sale on first-come first-served basi

Building Features

24-hour security
2 high-speed elevators
100% power back-up for all common areas
Automatic fire alarm and sprinkler system
2 levels of above ground parking
Centralized garbage disposal and collection system
Location

A corner lot bounded by Polaris St. and Badajos St. West Bel-Air Village I, Makati City.
One ride to other 5 star hotels (Manila Peninsula, Shangrila Makati, Intercontinental, New World)
Malls and cinemas (GREENBELT, ROCKWELL, Glorietta)
Hospitals (Makati Medical Center and Ospital ng Makati)
Churches (Sto Nino Greenbelt Chapel, Don Bosco Church,etc)
Five (5) minutes to the FORT/GLOBAL CITY
Ten (10) minutes to NEWPORT City where Mariott Hotel, Resort Hotel and Maxim
Hotel & Casino (6-STAR Hotel) and NAIA 3 (new passenger terminal airport) are located and now operational.
Selling Price
P 2,300,000.00
CASH PRICE P 2,200,000

NOW AT BARGAIN PRICE FOR P2M ONLY

Currently rented for 15k

Rental rate to acquisition cost ratio (RR:A) is at an excellent 9.0% (Ph15,000 x 12 months / Php2,000,000). It is very rare to find a rental property with a greater than 5% RR:A
Property is self-liquidating due to rental income. Although, tenant can be given a notice to vacate the place if you would like to occupy unit.
Unit is well maintained and is at top shape since tenant converted this place into a hotel room exclusively for tourists from abroad
It can come with a ready tenant willing to rent for 2 yrs. This is a great investment opportunity!!!! (GUARANTEED WITH INCOME FOR 2 YEARS