INVESTOR'S BENEFITS
 

Residencia de Vistamar combines the features of a condominium and a hotel. It offers the opportunity of investing in a unit like a condominium and the management and the services of a hotel.
 

The Developer will form a management group that will mange, operate and market the units that will be joined the rental pool
Hotel units will be sold to individual buyers. These units purchased will serve as an investment.
Unit owners will then turn over their units to the management to be pooled, operated and marketed by the hotelier. This scheme allows the unit owners to gain income from their investment with having to deal with the daily operational requirements.
Whether or not the particular unit was not occupied during the period, the unit owner gets the same shares as the rest of the units which have been occupied
Investors will derive income from the share on the net operating profit of the hotel based on the occupied rooms per year and total expenses.
Aside from the steady source of revenue from the lease rentals, investors are also guaranteed of the following privileges:
 
  • Impressive property appreciation
  • Fully-furnished hotel suites
  • Worry-free maintenance of their respectives units
  • Discounted and unlimited access to Vistamar Country Club
  • Free use of the units for 30 days in a year.
Just in case a hotel guest is occupying your unit at the time when you want to stay in it, it is still your privileges as an investor to stay in another room with the same unit area and enjoy the same benefits.


FEATURES AND AMENITIES OF
VISTAMAR COUNTRY CLUB
 

2 Open Tennis  Courts Video Room
Open Basketball Court Card Game Room
Recreation Room Free-form Swimming Pool
Ballroom/Function Room Volleyball Court
Coffee Shop Discotheque
Library  

 

RESIDENCIA DE VISTAMAR
(Estimated Return on Investment)
 

A. HOTEL UNITS
 
Second Floor 14
Third Floor 16
Fourth Floor 16
Fifth Floor 16
Sixth Floor 16

TOTAL HOTEL UNITS
78
Number of Days a month 30
Total Hotel room night/month 2,340
Number of months a year 12
TOTAL ROOM NIGHTS
PER YEAR
28,080


B. HOTEL ROOM RATE NIGHT

C. INCOME PROJECTION PER UNIT OWNER BASED ON THE FOLLOWING OCCUPANCY UNIT OWNER
 
 

65%

75%

Total room nights/year
Rental Rate.night
18,252
2,500
21,060
2,500
Rental Income/Year
Less: Operating Expenses (60%)
45,630.000
27,378.000
52,650.000
31,590.000
Net Rental Income
Total Hotal Units
18,252,000
78
21,060.000
78
Income Share per Unit owner/year
add: 30 days free use (value)
234,000
75,000
270,000
75,000
ESTIMATED INCOME/YEAR/OWNER
AVERAGE INCOME PE MONTH
Average price/hotel unit
309,000
25,750
2,112,200
345,000
28,750
2,112,000
PROJECTED ROI (YEARS) 6.83 6.12



NOTES:

A. Estimated operating expenses include monthly dues, management fees, utilities, manpower, laundry expenses, hotel consumables (soap, shampoo, etc.)

B. Estimated or Projected ROI does not include value appreciation, increase in hotel rate, etc.

C. Mactan Hotel Occupancy rate is averaged at 75% for the year

D. Guaranteed room is based on an 8 weekend day per month