Features and Amenties
  • Atrium and landscaped garde
  • Swimming Pool
  • Commercial establishments on lower ground, upper ground and mezzanine.
  • Grand Lobby with reception counter
  • Businessmen’s Club
  • Gym and Spa
  • High speed elevators
  • Function Room
  • Telephone Operator
  • CATV-ready
  • Multi-level basement parking
  • Automatic fire sprinkler system for all units
  • 100% standby generator
  • Underground reservoir
  • Provision for PABX service
  • 24-hour monitoring security
  • Maintenance and Housekeeping services
  • Laundromat services
  • Hotel Shuttle Service Available
 
Competitive Advantage

Buy Safe Pay Easy Advantage Plan

BUY SAFE - Buyer's Payment are Deposited in a Escrow Accoount

  • PCPI is the only developer in the country who uses an escrow account to accept payment from the buyers and disburses funds for construction and other project related expenses.
  • This mitigates the common problem in the past wherein buyers pay directly to the developer and disbursements of the funds are left to the discretion of the developer.
  • All disbursements from the escrow account are approved by the appointed attorney-in-fact of the buyers.

PAY EASY - Affordable and Longer Payment Terms

  • Zero downpayment and zero interest payment plan that extends up to six (6) years, an industry first.
  • Longest in-house financing offered in the market ---  12 years to pay.  Zero interest during the first four (4) years (or during construction) and competitive interest rate upon turnover (or during the  next eight (8) years).
  • Big discounts on cash sales and payment schemes with downpayment.
What is a Condotel?

A condotel is a pool of individually-owned condominium units, which are fully-fitted to hotel room standards, and operated and managed by a competent and experienced hotel manager.

Condotel vs. Conventional Leasing
Condotel
Conventional Leasing
  • Earns superior monthly rental income  because the units are booked as hotel rooms and benefits from higher occupancy and room rates.
  • Limited earning potential since monthly rental income is fixed.
 
  • Assured monthly income whether the unit is rented or not.
  • No income when unit is not rented.
 
  • The professional hotel management is responsible for promoting the condotel and selling hotel rooms by using an effective and comprehensive marketing program through traditional and internet-based selling and marketing tools.
  • Unit owner spends time in finding a tenant and may incur personal expenses to advertise and pay brokers’ commission.
  • Unit is assured of professional quality upkeep and maintenance.
  • Upkeep and maintenance of the unit depend on the tenant and the unit owner.  Foreign-based unit owners may have to hire a property manager or caretaker.
 
  • Unit owner has the option to occupy own unit by temporarily pulling out from the condotel pool or to check-in to any room at preferential rates.
  • Unit owner is deprived of use of his unit for the duration of the lease.
  • Added service and convenience in paying association dues, real estate taxes and other fees and charges through an automatic deduction from the unit owner’s rental income.
  • Unit owner has to monitor payment of association dues, special assessments, real estate taxes and other fees and charges to avoid penalties.
  • Punctual payment of utility bills thereby no fear of disconnection or service suspension.
  • Service may be disconnected or suspended if the unit owner or tenant neglects to pay utility bills.
  • Monthly rental income is directly credited to the unit owner’s bank account.
  • Collection of rent is the responsibility of the unit owner.
Condotel Model Units
One Bedroom Unit
Executive Suites
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Praise Realty Marketing Corporation
Mobline #: +63927-202-2668
Telephone #: Philippines - (632) 753-2533
Telefax #: (632) 817-1386
Office Address: Suite 1109 Herrera Tower,
Rufino corner Valero Sts.
Salcedo Village Makati City Philippines

 

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