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The Grand Cenia Hotel and Residences Project

New Real Estate Opportunities in Cebu...

Now pre-selling Grand Cenia Hotel and Residences, Cebu City....Residential and Hotel units (Condotel) are available.

Grand Cenia is a 25-storey hotel and residential tower that will rise along Archbishop Reyes, corner Kamagong Street, Banilad, Cebu. It will be situated on a 4,211-sqm property, strategically located within the Cebu Central Business District.

The property used to be the location of the ancestral residence of the Gotianun Family in Cebu. East West Bank – Arch. Reyes branch is also located on one side of the property at the moment. Both the ancestral residence and the bank will be removed to give way to the Grand Cenia Project.

Condotel owners are allowed 14 nights free per year in the hotel plus generous discounts on extended stay – and it earns money while you are away . .
Payment schemes such as deferred payment with no interest for three years are available
Non-Filipinos are allowed to own condo units in the Philippines –


 

The Grand Cenia Condotel
Condotel owners of the Grand Cenia stand to enjoy three major benefits – a unit in a very prime location, a very good return on investment, and hassle-free, global standard hotel services.
The development is of course located right across the Cebu Business Park, easily accessible to the business hub, the convention centers and commercial areas. Early return on investment is as good as guaranteed because of the booming tourism, and subsequently booming Cebu hotel industry. The hotel, made up of the pooled units, would be managed by an international hotel operator, who would also handle the distribution of the rental pool income to the condotel owners. The condotel unit owner can just sit back, relax and watch his investment bear fruit.
Condotel Units
Typical condotel units will have a standard size of 24.27 sqm, There are special condotel units on the 7th and 8th floors which will feature open patios to take advantage of their view of the city, the surrounding mountains and the swimming pool deck and landscaped area. There are also a number of condotel suite units which feature a hotel bedroom separate from the room receiving area. These units are sold and delivered bare of finishing and furnishing.

Condotel Units as Hotel Rooms
Upon turnover and full payment of the buyer, each condotel unit will be transformed to a typical hotel room with interior and furnishing finishes based on set hotel standards and look. Based on the preference of the hotel operator, some condotel units will be converted to twin-bed rooms (double single beds) or single-bed rooms (queen-size). Bigger hotel rooms and adjoining units can be transformed and offered by the hotel as deluxe or suite rooms for guests.

Condotel Units as Part of Rental Pool
All the condotel units are required to be brought into the rental pool for the purposes of hotel operations.
The condotel owners will have to pay a separate joining fee, which will include the standard interior finishing, furniture and fixtures of the condotel to become ready hotel rooms.
The perpetual assignment of the condotel units to the rental pool for hotel operation use will be annotated on the title of the condotel units and shall form part of the unit’s usage restrictions.

Amenities to include Everything you would associate with good quality hotels of international standard:
Swimming Pool and Deck with Landscaped Area[7th Floor]
Kiddies Pool
Function Rooms
Coffee Shop, Bar, Restaurants, etc,
A Bank and Retail Outlets [3 floors]
Ample Covered Parking Spaces [4th to 6th floors]
7 Elevators, Security, Concierge, Back-up Power Generator, etc, etc.

Residential Condominium Units
Three residential condominium units are offered – the 1-bedroom, 2-bedroom and 3-bedroom units.

The 1-Bedroom units have a standard size of 49.98 sqm. The unit has a dining area, a living and receiving area, a kitchen, and a main bedroom with its own privately accessed toilet and bath. The building offers 63 1-bedroom units.

The 2-bedroom units have a standard size of 74.97 sqm. It has a master’s bedroom with its own toilet and bath. Aside from another bedroom, the unit also has a dining area, a kitchen, a living and receiving area, a utility/maid’s room and a communal toilet. The building offers 35 2-bedroom units.

The 3-bedroom units have a standard size of 107.35 sqm. It has a dining area, a kitchen, a living and receiving area, a utility/maid’s room, one regular bedroom, a 2nd bedroom with its own toilet and bath, and a master’s bedroom with its own toilet and bath and a walk-in closet. The building offers 14 3-bedroom units.

All types of units are configured in a way that will give the living and receiving area and all the bedrooms full advantage of the view that their unit windows offer. Depending on the location of their unit on the floor layout, their views would range from a panoramic view of the Cebu Business Park, the surrounding mountains and the amenity area.

Residential condominium units are delivered with these finishes: painted plain cement plaster walls, painted smooth rubbed concrete ceilings, high quality vinyl floor tiles with simulated wood design, painted steel windows and frames, standard bathroom fixtures, solid wood panel doors for the main entrance, flush wood doors for the bedrooms, rigid PVC doors for the toilet and bath, pre-fabricated kitchen counters and cabinets, hot water provision, grease trap, provision for window type airconditioning units, exhaust fans, exhaust ducts, intercom system, independent telephone lines, fire protection and fire alarm system,

All the residential condominium units are also sold with specific pre-identified parking units located either on the 4th, 5th or 6th floor of the building.