CHMI is a developer of mid scale housing and lately has ventured into the newest condotel in town , the Acacia Grove Hotel and Residences.
Listing ID:
40665
FOR SALE: Apartment / Condo / Townhouse - Manila Metropolitan Area > Muntinlupa
commerce ave. alabang
Price:
Php 5,984,000 or $132,000(usd)
Area:
34sqm
PROPERTY DESCRIPTION:
Unlike any other hotel condominium, Acacia Grove Hotel is truly a hotel you can call your own. No other developer gives you the chance to own a piece of your own hotel.
Imagine the feeling of walking into the grand lobby knowing that it is yours. Or revel in the knowledge that as you sip your coffee in the coffee shop, everything your eye can see is yours. That is what owning a share of Acacia Grove Hotel means.
Located in the heart of the bustling Alabang business district, Acacia Grove Hotel is mere minutes away from commercial centers, hospitals and offices. It's a short drive from the growing communities of Laguna and Batangas. And it can be yours, yours to enjoy, yours to own.
Acacia Grove Hotel. Your very own hotel.
Hotel Features and Services Whether you are visiting for business or pleasure, Acacia Grove Hotel is the ideal hotel choice. Experience personalized service from a multi-lingual staff that’s ready to assist you with whatever you need.
Here on business? The conference and function rooms are furnished with state of the art equipment you might need. The business center is staffed with highly-trained personnel ready to help, anytime.
Looking for a bit of R and R? Then take a dip in the swimming pool or sweat away the stress in the fully-equipped gym. Or why not spend the day at the spa? Nothing could be more relaxing than that.
And to think, all these are yours to experience. All these could be yours.
Restaurant Acacia Grove Hotel offers a wide variety of cuisine to satisfy the discriminating palate.
The culinary journey begins at the Mezzanine Restaurant. Discover Filipino favorites reinvented. Sample Asian, European and American specialties given a new twist. Acacia Grove Hotel provides Alabang residents and visitors a unique and unforgettable dining experience.
After a hectic workday, de-stress at the Executive Bar. It’s exclusive. It’s private. It’s elegant. It’s a relaxing atmosphere that serves as a perfect backdrop for after-work, after-dinner, after-party nightcaps.
Head up to the Rooftop Restaurant for casual dining under the stars. Savor the chef’s masterpieces surrounded by breathtaking views. Relish flavors and spices of dining delights while listening to music performed by the country’s best bands.
It’s the destination for dinner, drinks and everything in between.
Function Rooms
Acacia Grove Hotel is home to function rooms in all shapes and sizes for intimate gatherings and grand banquets.
The Ballroom will be known as “The Ballroom of the South” for any function south of Makati. Social functions such as weddings, proms or debutante balls will have a new home in Alabang. For important business functions such as product launches and trade shows, Acacia Grove Hotel is the place to be.
Function Rooms designed to house smaller gatherings are also available. Equipped with the latest, most modern equipment to make any meeting or presentation a guaranteed success.
Life’s milestones have definitely found the perfect setting.
Home Comfort. Hotel Amenities.
Acacia Grove Hotel is a world-class, five-star hotel that boasts of 503 rooms with each room designed and conceptualized to rival the top hotels in Metro Manila.
Welcome Amenities
Wheelchair Accessibility
Smoking and Non-Smoking Rooms
Alarm Clock/Radio
Mini-Bar
In-room Safe
Complimentary Newspaper
High-speed Internet Access
Multi-function TV including Pay-Per-View Movies
Multi-function Telephone with Voice Mail
24-Hour Room Service
24-Hour Housekeeping
Laundry and Dry Cleaning
Well-appointed Bathroom with Toiletries
It’s like being at home…only better.
A wise investment in a new concept in a growing industry.
It's been an exciting year in the tourism industry in the Philippines. Since 2003, the country has seen a steady growth in the visitors to the country and an increase in Multinational Businesses particularly in the Technology, Call Center and Business Process Operations.
This means that there is a growing demand for hotel options and accommodation alternatives.
Due to its prime location and accessibility to the Calabarzon area, Alabang has one of the highest occupancy rates in Metro Manila.
The launch of Acacia Grove Hotel in Alabang comes at an opportune time. The continuing demand for tourist accommodations and the development of Alabang as a growing business district for top national and multi-national corporation makes it the perfect location for a new kind of hotel.
All these combine to make Acacia Grove Hotel the ideal investment.
With other condotels, the expected return of investment is considerably less because you only earn from the lease-back programs on the unit itself. With Acacia Grove, you earn from the unit rental plus all other revenues of the hotel including food and beverage.
Acacia Grove Hotel offers investors a unique opportunity that no other hotel-condominium can:
OWNERSHIP – Condominium Certificates of Title. TIME SHARE – Annual free days of use of the hotel for unit owners INVESTMENT – High revenue and potential earnings of at least 20% per year.
Owning a unit at Acacia Grove Hotel is a truly hassle-free, wise investment. All expenses incidental to the purchase are all considered part of the hotel operations. This means no more worries about real estate taxes, association dues, maintenance fees and insurance premium.
SELLING PRICES AND RETURN ON INVESTMENT
PAYMENT TERMS
30% SPOT DP
30% DP
Downpayment
30% payable within 30 days
30% payable over 24 months
Balance
70% payable over 10 years with 10% int.
70% payable over 10 years with 10% int.
Total Contract Price
5,984,000
5,984,000
Available Discount*
215,424
Net Contract Price
5,768,576
5,984,000
Total Investment
1,593,280
1,808,704
Reservation Fee
50,000
50,000
Monthly Amortization
Downpayment
1,579,776
74,800
Balance
55,355
55,355
Share in Hotel Revenues of Unit Owner
Year 1- 5 : 80%
Year 1- 5 : 80%
Year 6 - 10 : 75%
Year 6 - 10 : 75%
Year 11 - 30 : 40%
Year 11 - 30 : 40%
Free Weeks Available
2 weeks
10 days
Annual IRR at 75% occupancy on first year
20.4%
19.5%
Gross Receivables
10 years
9,843,700
9,843,700
20 years
19,269,897
19,269,897
30 years
36,444,134
36,444,134
Liza Macabeo +639272805153 +6324718422
LISTED BY:
Corporate Holdings Management Inc.
henrick jaurigue
REBL No:
CHMI is a developer of mid scale housing and lately has ventured into the newest condotel in town , the Acacia Grove Hotel and Residences.