Cebu, Cebu City, Fuente Osmena, Ultima Residences Tower 3, 10th Floor
HUGE LOFT CONDO SPLIT TO 2 LUXURY STUDIOS 96 SQM. DOUBLE APARTMENT FOR SALE IN CENTRAL CEBU CITY
Condominium 1 = 46 M2 Condominium 2 = 50 M2
Sale price PHP 6.8m / USD $134,000 – BDO Bank valuation PHP 7.8m / USD $154,750
Yearly projected return on investment 18% gross / 14% net – based on actual income.
Ultimate flexibility: | RENT BOTH | LIVE IN 1 AND RENT 1 OR | LIVE IN BOTH
Full condo management and Airbnb booking service available
Includes clear title + Club Ultima membership valued at PHP 300,000p
Enjoy full gymnasium access and 3 large sparkling pools on the unique level 9 plaza
Bargain 70,000p per square meter and available to purchase with personal loan or rent to own options.
This most central prime location in Cebu enjoys 24 hour nightlife, restaurants, fast food, massage, hospitals, pharmacies, taxis and much more.
As the heart of Cebu’s famous Sinulog festival each January this first-class locality offers massive rental revenues and future potential.
Why risk buying uncompleted construction and paying between 140,000p to 170,000p per square meter with unproven average rental yield estimates below 8% in less central locations that “shut down” at 10pm daily?
This exclusive residence boasts excellent reviews, Superhost status, high rental returns, 85% occupancy and substantial future bookings.
Expertly converted from a 2 level loft condominium, this masterpiece design is unique in Club Ultima Residences and offers potential combined rental of 100,000 PHP (USD $2,000) per month.
Clear legal title
All furniture, fittings, bedding, towels and appliances
Club Ultima membership valued at 300,000 PHP / $6,000 USD
These 2 large, fully furnished, super-quiet, 10th floor condos, each with its own secure digital locked door entry, offer a spacious combined total area of 96 square meters of luxury living.
Perfectly located in the prime heart of Cebu city this outstanding double apartment configuration offers bright ultra-modern style, space and superb quality fit out.
Virtually new appliances include 2 current model 2HP digital inverter ACs, refrigerators and HD LED TVs.
One level from 2 swimming pools and a huge spa, these 2 condominiums are part of the Crown Regency hotel condominium complex offering high security, 24 hour restaurants, gymnasium, live bands, casino, 24 hour massage, skywalk and adventure sports.
5 minute walk to restaurants, supermarket, department store, food malls, pharmacies, hospitals and schools.
Taxi in 10 to 15 minutes to SM Seaside, Ayala, SM City and nightclubs.
An entertainers delight — impress your family, friends and business associates with the “wow” factor!
Details of inclusions:
Quality modern, low maintenance fit out and furnishings
Lower apartment 46 sq meters, upper apartment 50 sq meters
Quality kitchens X 2 with granite bench tops and soft close doors
Separate power and water meters for each apartment
15 Mbps high speed internet with landline phones x 2
Lockable wardrobe storage rooms X 3
Curtained private bedroom area in both units
10th floor view to mountains and across Cebu City
Samsung 2HP digital inverter air conditioners X 2 with remote controls
Samsung digital inverter frost free refrigerators X 2
High Definition Sky Cable + LED Televisions X 2
Secure digital locked door entry for each apartment
Queen beds X 2
As an investment boost the new Board of Directors, Property Management Team, Architects and Lighting professionals have recently commenced a program to enhance the Ultima Residences building and brand to high international standards for all residential and commercial unit owners.
About Cebu City:
Mainly Catholic / English speaking
Excellent hospitals, restaurants, tourist activities
Copy this link into your browser to view the amazing adventure activities offered in the adjacent Crown Regency complex:
Global Investment Director – Land Asia Global Properties Network