Condo For Sale
$134,000
Osmena Blvd. Cebu City
Cebu City, Cebu, Philippines
2bd 2ba 96 sqm
Year Built: 2016
Listed By: Property Owner
Listed On: 12/07/2022
Listing ID: GL3222260
Description
LUXURY TWIN 96 SQM. DOUBLE APARTMENT FOR SALE IN CENTRAL CEBU CITY 2 Furnished Condos for the price of 1. 6.8m PHP / $134,000 USD net (negotiable) 0% finance 10% Reserve. High 18% gross / 14% net profit. AirBnb SuperHost Can accommodate up to 6 + 6 = 12 persons! 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. Ultimate flexibility: - RENT BOTH - LIVE IN 1 AND RENT 1 OR - LIVE IN BOTH Yearly projected return on investment is 18% gross / 14% net - based on proven rental income. 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. Includes: • Clear legal title • All furniture, fittings, bedding, towels and appliances • Club Ultima membership valued at 150,000 PHP / $3,200 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! Features and inclusions: • Quality modern, low maintenance fit out and furnishings • Lower apartment 46 sq meters, upper apartment 50 sq meters • Easy access to 9th floor swimming pools, spa, bar and recreational area • 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 airconditioners 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: • Population 1.5m • 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: https://drive.google.com/file/d/0BywMlYQhiTg0aDYzeDNfODhGUHM/view