PROPERTY DESCRIPTION:

An Investment Proposal. FOREIGNERS CAN BUY! 100% FOREIGN OWNERSHIP ALLOWED!

25-STOREY RESIDENTIAL AND COMMERCIAL PROJECTS THAT OCCUPIES A 4,211 SQM LOT

SOUND INVESTMENT

The best thing about investing in GRAND CENIA HOTEL AND RESIDENCESl Condominium is the rate at which the property appreciates. Since it is located in Cebu Business Park, a prime real estate area, annual property appreciation rates can range from 15% to 20% per year.Certainly, long-term value of the property around Cebu Business Park can only be expected to rise as more future developments continue.THE DEVELOPER IS VERY STABLE AND WITH EXCELLENT TRACK RECORD 40 YEARS OF REAL ESTATE EXPERIENCE.
THE ARCHITECTURE OF THE BUILDING INTERIOR IS MAINLY EUROPEAN IN THEME WITH CLEAN LINES THAT INJECT A MINIMALIST SENSE TO THE SPACE.

WE ARE IN A PRESELLING PRICE, GRAB THIS OPPORTUNITY
The Appeal of Pre-Construction Property...

Real estate investors looking for “ground floor” land investment prospects are finding that pre-construction planned developments are the perfect opportunity. One reason is because many developers will cover your mortgage payments for up to two years, cheaper price and with flexible terms. Buy at pre-development prices, while experiencing appreciation and then realize significant profits when you sell.

THE CONCEPT

Residential Condominium Units
Three residential condominium units are offered – the 1-bedroom,2-bedroom and 3-bedroom units.

The 1-Bedroom units have a standard size of 49.98 sqm. The unit has a dining area, a living and receiving area, a kitchen, and a main bedroom with its own privately accessed toilet and bath. The building offers 631-bedroom units.

The 2-bedroom units havea standard size of 74.97 sqm. It has a master’s bedroom with its own toilet and bath. Aside from another bedroom, the unit also has a dining area, a kitchen, a living and receiving area, a utility/maid’s room anda communal toilet. The building offers 35 2-bedroom units.

The 3-bedroom units have a standard size of 107.35 sqm. It has a dining area, a kitchen, a living and receiving area, a utility/maid’s room,one regular bedroom, a 2nd bedroom with its own toilet and bath, and amaster’s bedroom with its own toilet and bath and a walk-in closet. The building offers 14 3-bedroom units.

All types of units are configured in a way that will give the living and receiving area and all the bedrooms full advantage of the view that their unit windows offer. Depending on the location of their unit on the floor layout, their views would range from a panoramic view of theCebu Business Park, the surrounding mountains and the amenity area.

Residential condominium units are delivered with these finishes:painted plain cement plaster walls, painted smooth rubbed concreteceilings, high quality vinyl floor tiles with simulated wood design,painted steel windows and frames, standard bathroom fixtures, solidwood panel doors for the main entrance, flush wood doors for the bedrooms, rigid PVC doors for the toilet and bath, pre-fabricated kitchen counters and cabinets, hot water provision, grease trap,provision for window type airconditioning units, exhaust fans, exhaust ducts, intercom system, independent telephone lines, fire protectionand fire alarm system,

All the residential condominium units are also sold with specific pre-identified parking units located either on the 4th, 5th or 6th floor of the building

The Grand Cenia Condotel

Condotel owners of the Grand Cenia stand to enjoy three major benefits– a unit in a very prime location, a very good return on investment,and hassle-free, global standard hotel services.The development is of course located right across the Cebu Business Park, easily accessible to the business hub, the convention centers andcommercial areas. Early return on investment is as good as guaranteedbecause ofthe booming tourism, and subsequently booming Cebu hotel

Typical condotel units will have a standard size of 24.27 sqm,There are special condotel units on the 7th and 8th floors which will feature open patios to take advantage of their view of the city, the surrounding mountains and the swimming pool deck and landscaped area.

There are also a number of condotel suite units which feature a hotel bedroom separate from the room receiving area. These units are sold and delivered bare of finishing and furnishing.

Condotel Units as Hotel Rooms. Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size).

Bigger hotel rooms and adjoining units can be transformed and offeredby the hotel as deluxe or suite rooms for guests.

THE CONDOTEL OWNERS ARE REQUIRED TO PAY A JOINING FEE OF P250,000.00AND THE HOTEL MANAGEMENT WILL BE THE ONE TO FURNISHED THE UNITS INTO A HOTEL SUITES. THE CONDOTEL OWNERS HAS 14 DAYS FREE STAY EVERY YEAR PLUS 14 DAYS DISCOUNTED HOTEL RATE.THE RETURN OF INVESTMENT (ROI) ANNUALLY IS 15% TO 20% OR P35,000.00 TO P50,000.00 MONTLY FOR JUST A CONDOTEL AREA OF 24.27 SQM. THE BIGGER CONDOTEL AREA IS THE MORE PROFIT SHARES,BECAUSE THE SHARING IS BASED IN PER SQUARE METER OF THE UNIT. ONCE THE CONDOTEL OWNERS CAN PAY AT LEAST 40% OF THE CONTRACT PRICE, THEY ARE ALREADY ALLOWED TO ENROLL THEIR UNITS IN THE RENTAL POOL. SO WHILE THEY ARE STILL PAYING THEIR UNITS, AT THE SAME TIME RECIEVING A PROFIT SHARES FROM THE RENTAL POOL.THE PAYBACK PERIOD OF THE CONDOTEL UNITS IS 5 TO 6 YEARS IN RENTAL POOL.WHETHER YOUR UNIT IS OCCUPIED OR NON OCCUPIED, THE SAME PROFIT SHARING YOU CAN GET EVERY QUARTERLY.CONDOTEL INVESTMENT IS A PERFECT INVESTMENT THAN ANY REAL ESTATE PROPERTIES.

Initial Room Rate Assumption (Php/Night)-------------P3,200.00

Disbursements to be Deducted (Operating Expenses)-Maintenance Expenses-Management Fees-Taxes-Other Expenses Incurred in the Regular Hotel Operations Rough Assumptions

- Rental Pool IncomeNumber of Rooms ----------------P432

Rate per Night ----------------------------P3,200.00

Occupancy -------------------------------P85%

Room Revenue / night -----------------P1,175,040.00

Room Revenue / month (@30 days) ------P35,251,200.00

Assuming Rate of Expenses at ------------P65%

Potential Cash Distributable as Rental Pool Income (on average per month) ---------------------------------P12,337,920.00

Condotel Area -------------------------11,187.08

Rental pool Income / sqm / month--------P1,102.87

Typical Area ----------------------------24.27

Income / Unit / Month --------------------P26,766.71

Expected Annual Room Rate Increase------8%

Return on Investments --------------------15.21%

Payback Period in Years ------------------P6.5737

One of the most notable points is the remarkable points in the Hotel Industry. For the past 5 years, the Hotel industry in Cebu has been flourishing.With the dynamic growth of local tourism, the surge of both local and foriegn investments, and businesses wanting to build their base in Cebu, the hotel industry is definitely set for a prosperous future.

Based on the Department of Tourism data on Hotel performance, Deluxe,first class and standard hotels in Cebu enjoyed an average occupancy rate of 70% for 2006. With Cebus increasing tourism patronage, there will be a big shortage of supply for the hotel industry in Cebu in the next 3 to 5 years.

THE GRAND CENIA PROJECT - is a 25-storey Condotel and Residential Tower that will rise along ARCHBISHOP REYES, right across AYALA CENTER CEBU AND THE CEBU BUSINESS PARK.

PRODUCT OFFERING:

1.Condotel Units----Studio type 24.27 sqm. to 39.11 sqm ( 7th to 18th floor ).These Condotel units will be furnished and brought into a rental pool. All the units within the pool will be managed and operated as part of a fully functional hotel.The developer is currently looking to tie-up with Aston Resort International, an internationally renowned hotel & resort operator for the hotel operations of the project.The proceeds generated from hotel operations, basically from renting out the pooled units, will then be subdivided to the Condotel owners quarterly on a per square meter basis.

2.Residential Units---1BR/ 2BR/ 3BR, 19th to 25th floor

1BR ------------49.98 SQM

2BR-------------74.97 SQM

3BR-------------107.35 SQM

3.Commercial Spaces - Ground Floor with average area of 200 sqm.Its not for sale but for rent only. It is there also the East West Bank, various restaurants & etc.4.Office Spaces- 2nd floor and 3rd floor with an average of 350 sqm,for rent only.

FIXTURES OF RESIDENTIAL CONDO UNITS

*Painted plain cement plaster walls.

*Painted smooth rubbed concrete ceilings

*High quality vinyl floor tiles w/ simulated wood design

*Painted steel window & frames

*Standard bathroom fixtures*

Solid wood panel doors for the main entrance

*Flush wood doors for the bedrooms

FEATURES

BASEMENT----Single basement level with house parking slots, sewage treatment facilities and water tank.

OFFICE/ COMMERCIAL ROOMS---Ground floor, 2nd floor and the 3rd floor.

PODIUM PARKING--------3 FLOORS (4RTH, 5TH & 6TH LEVEL)

CONDOTEL FLOORS------8TH TO 18TH FLOOR

7THFLOOR----Amenity floor: Swimming pool, Kiddie pool, view deck, landscaped area and function rooms/ hotel coffee shops. This facilities will be for the use of both the hotel guests and the residential condominium unit owners.

There will also be Condotel units on the 7th floor, units with bigger saleable area as they are provided with open patios to better appreciate the pool deck and landscaped area.

7 ELEVATOR SETS AND 3 PRESSURIZED STAIRWELLS.

POWER GENERATION SYSTEM----100% back up power supply

COMPLETE WATER & ELECTRIC SUPPLY, TELEPHONE. TV/CABLE AND INTERNET CONNECTION. ALSO INTERCOMS CONNECTED TO RECEPTION AREA IN THE LOBBY

BUS PARKING FOR TOURIST AND GUEST

UNIT LOCATION:

UNIT 1 TO 4 ARE FACING THE AMENITIES AND LANDSCAPED

UNIT 5 TO 8 ARE FACING BOHOL & MACTAN

UNIT 9 TO UNIT 20 ARE FACING AYALA & NORTH SIDE CEBU

UNIT20 TO UNIT 31 ARE FACING TALAMBAN SIDE & MOUNTAINS

UNIT 32 TO UNIT 35 ARE FACING LAHUG & MOUNTAINS

UPDATED JANUARY 2012
19TH - 25TH RESIDENTIAL UNITS

18 UNITS EACH FLOOR

PRICELIST W/ EVAT & MISC.

19TH Floor
1901--2BR--76.140-----SOLD
1902--1BR--56.580-----P7,315,100
1903--3BR--110.890---SOLD
1904--1BR--53.010-----P6,955,500
1905--1BR--50.520-----SOLD
1906--1BR--50.520-----P6,662,800
1907--1BR--50.515-----P6,662,800
1908--2BR--78.265-----SOLD
1909--2BR--80.720-----SOLD
1910--2BR--75.780-----P9,551,000
1911--2BR--75.780-----P9,551,000
1912--1BR--53.010-----P6,899,400
1914--1BR--55.450-----P7,183,500
1915--1BR--55.450-----P7,183,500
1916--1BR--56.580-----P7,315,100
1917--1BR--50.520-----P6,609,400
1918--1BR--50.520-----P6,609,400

20TH FLOOR
2001--2BR--76.140-----P9,673,500
2002--1BR--56.580-----P7,375,000
2003--3BR--110.890---SOLD
2004--1BR--53.010-----P7,011,600
2005--1BR--50.520-----P6,716,400
2006--1BR--50.520-----P6,716,400
2007--1BR--50.515-----SOLD
2008--2BR--78.265-----SOLD
2009--2BR--80.720-----P10,006,200
2010--2BR--75.780-----P9,631,200
2011--2BR--75.780-----P9,631,200
2012--1BR--53.010-----P6,955,500
2014--1BR--55.450-----P7,242,200
2015--1BR--55.450-----P7,242,200
2016--1BR--56.580-----P7,375,000
2017--1BR--50.520-----P6,662,800
2018--1BR--50.520-----P6,662,800

21TH FLOOR
2101--2BR--76.140-----P9,754,100
2102--1BR--56.580-----P7,434,900
2103--3BR--110.890---SOLD
2104--1BR--53.010-----SOLD
2105--1BR--50.520-----P6,769,900
2106--1BR--50.520-----P6,769,900
2107--1BR--50.515-----P6,769,300
2108--2BR--78.265-----SOLD
2109--2BR--80.720-----P10,382,700
2110--2BR--75.780-----P9,711,500
2111--2BR--75.780-----P9,711,500
2112--1BR--53.010-----P7,011,600
2114--1BR--55.450-----P7,301,000
2115--1BR--55.450-----P7,301,000
2116--1BR--56.580-----P7,434,900
2117--1BR--50.520-----P6,716,400
2118--1BR--50.520-----P6,716,400

22TH FLOOR
2201--2BR--76.140-----P9,834,800
2202--1BR--56.580-----P7,494,900
2203--3BR--110.890---SOLD
2204--1BR--53.010-----SOLD
2205--1BR--50.520-----SOLD
2206--1BR--50.520-----P6,823,300
2207--1BR--50.515-----P6,822,800
2208--2BR--78.265-----SOLD
2209--2BR--80.720-----SOLD
2210--2BR--75.780-----P9,791,700
2211--2BR--75.780-----P9,791,700
2212--1BR--53.010-----P7,067,700
2214--1BR--55.450-----P7,359,600
2215--1BR--55.450-----P7,359,600
2216--1BR--56.580-----P7,494,900
2217--1BR--50.520-----P6,769,900
2218--1BR--50.520-----P6,769,900

 23TH FLOOR
2301--2BR--76.140-----P9,947,700
2302--1BR--56.580-----P7,578,600
2303--3BR--110.890---SOLD
2304--1BR--53.010-----SOLD
2305--1BR--50.520-----SOLD
2306--1BR--50.520-----SOLD
2307--1BR--50.515-----SOLD
2308--2BR--78.265-----SOLD
2309--2BR--80.720-----SOLD
2310--2BR--75.780-----P9,904,100
2311--2BR--75.780-----P9,904,100
2312--1BR--53.010-----P7,146,400
2314--1BR--55.450-----P7,418,100
2315--1BR--55.450-----P7,418,100
2316--1BR--56.580-----SOLD
2317--1BR--50.520-----P6,844,700
2318--1BR--50.520-----P6,844,700
  

24TH FLOOR
2401--2BR--76.140-----P10,036,300
2402--1BR--56.580-----SOLD
2403--3BR--110.890---SOLD
2404--1BR--53.010-----SOLD
2405--1BR--50.520-----SOLD
2406--1BR--50.520-----SOLD
2407--1BR--50.515-----SOLD
2408--2BR--78.265-----SOLD
2409--2BR--80.720-----P10,638,800
2410--2BR--75.780-----P9,992,300
2411--2BR--75.780-----P9,992,300
2412--1BR--53.010-----P7,208,000
2414--1BR--55.450-----P7,476,800
2415--1BR--55.450-----P7,476,800
2416--1BR--56.580-----SOLD
2417--1BR--50.520-----P6,903,600
2418--1BR--50.520-----P6,876,800

25TH FLOOR
2501--2BR--76.140-----P10,399,000
2502--1BR--56.580-----P7,914,100
2503--3BR--110.890---SOLD
2504--1BR--53.010-----P7,516,700
2505--1BR--50.520-----P7,197,700
2506--1BR--50.520---- SOLD
2507--1BR--50.515-----P7,197,100
2508--2BR--78.265-----SOLD
2509--2BR--80.720-----P11,066,400
2510--2BR--75.780-----P10,353,300
2511--2BR--75.780-----P10,353,300
2512--1BR--53.010-----P7,460,500
2514--1BR--55.450-----P7,770,500
2515--1BR--55.450-----P7,770,500
2516--1BR--56.580-----P7,914,100
2517--1BR--50.520-----P7,144,200
2518--1BR--50.520-----P7,144,200
   

RESERVATION IS P100,000

MODES OF PAYMENT

1) 30% downpayment, 70% balance payable in 24 months no interest
2) CASH with 5% discount.
3) Bank financing is acceptable.