Condotel - EGI Mactan Cebu Hotel - Maribago, Mactan, Cebu EGI City by the Sea Bldg.3 is NOW SELLING!
EGI City by the Sea is located in the island of Mactan, specifically in Maribago, Lapu-Lapu City, CEBU . This resort property is situated alongside the Cebu Hilton Resort & Spa, Cebu Shangri-la Hotel, Maribago Blue Waters, Plantation Bay resort & hotel, etc. and had been in existence for about 10 years. Currently they have 2 condominium buildings in the area and will be building their 3rd structure (which will be named EGI MACTAN CEBU HOTEL). They are pre-selling units in this 3rd edifice, which will house a regular hotel (about 6 floors) while the other 5 floors are up for sale for investors. Should you decide to purchase a unit, you will be asked to sign up that your unit be included in EGI’s pool of hotel rooms since you are out-of-the-country most of the time. With this arrangement, you get to earn a guaranteed income of approx. P10,000.00 monthly or about P120,000 annually. On top of this, they will give you your share in EGI Cebu Resort Hotel’s annual profit sharing. Of course, you can stay in your own unit while visiting the Philippines just inform them about a week or two before your planned visit so they could temporarily exclude your unit from the pool. While your unit is a pool-member, EGI will maintain your room from the furnishings up to the linens, towels, etc., in tip-top shape.
The sea-view suite costs P1,975,000 (inclusive of the furnishings, linens, etc.) payable in 12 monthly installments. Upon completion of the monthly payments, a CCT or certificate of condo unit ownership will be issued in your name. Closing cost, taxes, transfer of ownership fees (from EGI to your name), & other incidentals will be due on the 13th month after signing the Purchase agreement. Click URL Link below for your viewing and appreciation: http://www.kodakgallery.com/I.jsp?c=1667k89e.2pxdnpxm&x=0&y=88gzii
FOREIGNERS CAN INVEST, BUY & OWN CONDOTEL UNIT/s IN CEBU! For more info & site tripping:
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