Grand Cenia Investment Potential
Condotel and Residences
Archbishop Reyes Cebu City Philippines
The Project Concept
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Two unique investment opportunities in the central business district of Cebu.
- Condotel
investment units – be a hotelier without the hassle. Take part in
Cebu’s booming hotel industry without the hassle as your condotel
(condo + hotel) unit earns while you’re away.
- High-end residential condo units – experience luxury living in the highest tower in the area complete with hotel amenities
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The Condotel Concept
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- The condotel is an amalgamation of the features of a condominium and a hotel, as the derivation of the name suggests
- The condotel units shall be pooled and operated as a hotel
- Rental pool income share from the hotel operation business will be remitted to each of the condotel unit owner at the end of every quarter
- The buyer is essentially buying a hotel room, which he can generate income from
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Target Market for the Condotel
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- Regional traders and investors who have business in Cebu and regularly visits Cebu
- Successful Cebu-born overseas workers who would like to have a comfortable home to reside in every time they visit Cebu
- Local investors who appreciate the boom-potential of Cebu’s hotel industry
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Target Market for the Condominium
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- Expats or Manila-based companies who need to provide lodging for their traveling executives
- Parents with kids studying in Cebu but are from nearby islands like Bohol, Dumaguete, Cagayan or the northern and southern part of the Cebu province
- Balikbayans who may want a longer term stay and still have the flexibility in unit with the option of putting up the unit for medium term (1-6 months) rental as a serviced apartment
- Professionals and upstart families who want the advantage of home ownership at the heart of the city, with the conveniences of a high-quality hotel
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