π« Realty OPTiONS is engaged in Real Estate Marketing, Brokerage, Consultancy. The firm was founded in 2008 by Samuel O. Lao, a Licensed Real Estate Broker, and a Master in Management graduate, and shared the vision to drive a high quality service.
π§§PREVIOUS Price is PHP20M
☝NOW @ PHP16,000,000 ONLY
DORMITORY IN RAMOS NEAR VELEZ HOSPITAL, SCHOOLS, UNIVERSITIES & MARKETS
PHP 16,000,000
4 Bathrooms
Cogon Ramos (Pob.)・Cebu City
360 sqm
Unit details
Floor Area
360 sqm
Condition
Pre-Owned
Parking Space
0
Pet Friendly
No
Description
Dormitory for Sale or Rent
2 Storey Concrete Building
✅ Lot Area 196sqm
✅ Floor Area 360sqm
✅ 16 Rooms (all Brandnew New Air-con) with submeter
✅ 7 T&B
✅ Open space
✅ Balcony
✅ 2 source water
✅ Potential Revenue
π 146,000 per month
π 1,752,000 per year
✅ Selling Price is 16M
✅ ROi 8% to 10% per year
✅ To Increase Revenue
π Potential Rental Escalation 5% to 10% per year
π Potential Property Value Appreciation per year
Ground Floor: 3 toilet and bath
✅ Rm 101 (1person) php5k
✅ Rm 102 (1person) php5k
✅ Rm 103 (1person) php5k
✅ Rm 104 (1person) php5k
✅ Rm 105 (4pax) 3500 per head
✅ Rm 106 (4pax) 3500 per head
✅ Rm 107 2pax at 4500 per head
✅ Rm 108 2pax at 4500 per head
2nd Floor: 2 Comfort Rooms 2 Baths
✅ Rm 201 2pax at 4500 per head
✅ Rm 202 2pax at 4500 per head
✅ Rm 203 2pax at 4500 per head
Rm 204 1pax at php5k
Rm 205 2pax at 4500 per head
Rm 206 (4pax) 3500 per head
Rm 207 (4pax) 3500 per head
“In the real estate business, you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.” - Johnny Isakson, U.S. senator
Real estate investors need to stay hungry, humble and motivated in any market.
More Affordable Than Single-Family Houses
In larger cities, a condo can be much more affordable than comparable houses, making it a less intimidating buy for first-time homeowners. In some cities, owning a condo is also often cheaper than a renting an apartment or buying a townhouse.
Proximity to Entertainment & Business Districts
One major advantage of condo living is that condo buildings are typically found in or around downtown areas, so residents have great access to nearby entertainment and business districts. This means living close distance to schools, workplace, hospitals, restaurants and bars, public transit, major attractions, and tons of events.
