|
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
|
|
|