Project at a Glance
|Project Location:||Mactan Newton Cebu|
|Turnover Date:||Q2 2018 (Plus 6 months grace period)|
|Unit Sizes:||23 sqm to 47 sqm|
|Price Range:||Php 5.2 M - Php 7.1 M|
Project at a Glance
|Project Location:||Mactan Newton Cebu|
|Turnover Date:||Q2 2018 (Plus 6 months grace period)|
|Unit Sizes:||23 sqm to 47 sqm|
|Price Range:||Php 5.2 M - Php 7.1 M|
Savoy Hotel is a unique investment opportunity that will allow investors to purchase a unit at the hotel that measures 30 square meters. Investors can be the owner of a condo-hotel unit and you will be granted the deed of ownership similar to that of a condominium. The hotel will be operated and managed by Prestige Hotels and Resorts, Incorporated which is also owned by Megaworld International. The unit will then be rented out to business and pleasure travelers that visit the beach resort in Mactan Island, Cebu. The unit lease will last for fifteen years and it will renew automatically. Your income with the purchased unit will be guaranteed. Each unit has a Condominium of Title and the unit's occupancy by guests will provide the ultimate return for investors over a long period of time.
The unit buyers will be free from room repairs, taxes, furniture, painting, cabinets and tiles within the room. In addition, the owner of the unit will receive 30 days free to stay in the unit throughout the year and you can choose which month you would like to visit your unit.
There is no limit as to how many units an investor can purchase and the hotel will contain 500 rooms. The unit types are available in Executive Suites, Twin Bedroom Suites, Queen Suites and units designed for disabled or challenged visitors.
The hotel also will offer guests a swimming pool, a bar lounge, a massage deck a business center and a gym. The 18-storey, luxury hotel will be the perfect getaway for guests to experience the island's culture, history and the hotel is situated in the hub of businesses and travelers alike. The Savoy Hotel will be the Philippines' trendiest destination for all visitors and pleasure-seekers. The hotel's construction currently ongoing and is expected to be completed by 2016.
Location Highlights: Walking distance to the beach, 15 minutes to Cebu International Airport
5 Reasons to Keep The Savoy Hotel Condos on Your Radar
The Savoy Hotel is an 18 story luxury hotel condominium in Mactan, Cebu.
The building is still under construction and once complete it will host 500 units and pre selling. The project is being undertaken by Prestige Hotels and Resorts, a subsidiary of Megaworld International.
Buyers will get to acquire a condo hotel unit at Savoy Hotel on a 15 year lease automatically renewable and a title deed issued as such. There is no limit as to the number of units an individual can purchase. The units will be available in studio, executive, queen and twin bedroom suites with reservations for the physically challenged price quoted between 4 and 5 million PHP in regard to space and subject to review.
The hotel will be operated and managed on your behalf by Prestige Hotels and Resorts. The units will be rented out and as such you are guaranteed income on your investment over a long time. Owners of the units will be exempted from maintenance and taxes which falls squarely under the management.
Let’s take a look as to why investing in the Savoy Hotel is a splendid idea;
Savoy Hotel is one of the few residential development projects with specified provisions for the physically challenged. They get to enjoy the comfort of custom made units to cater for the various shortcomings that render them disabled.Maintenance of the units including room repairs, furniture, taxes & other deductions falls as responsibility of the management following which the net income is forwarded to the owners with a ledger as such. Owners of the units will get to benefit 30 days a year to stay free of charge at any time of their choosing. This comes in handy mostly for summer vacations.
Buyers can choose payment plans suitable to their financial abilities and preferences.
Plan 1: Cash in 30 days from date of reservation with an advantage of 12.5% discount.
Plan 2: 50 – 50 with 12.5% discount on the down payment.
Plan 3: 30 – 20 – 50 with 10% discount on the down payment.
In house agents are assigned to the property to help you upon need and to provide a formal communication structure between you and management and are available everyday round the clock.
Swimming pools for adults and children alike will be available and made accessible round the clock attended to by trained life guards on duty, coupled by a sun bathing lounge to simulate beach experience though the actual beach is just minutes’ walk away. Male and female changing rooms with washrooms have become a common feature in any construction project nowadays and the designers of the Savoy Hotel did not as well forget to include this important social amenity. A fitness center fully equipped with gym, spa and sauna as well as professional attendants to give you a befitting experience. A flower garden and an equally beautiful and properly maintained lawn for your eyes to behold. 24 hour security is guaranteed for residents and their property. A security team as part of a wider security system with close circuit monitoring and controlled access is supported by the metro police. Ample parking is not a matter to forego in any urban development and the designers got it just right. Each of the 500 units has a parking slot reserved in an underground and outdoor parking facility controlled with digital access cards to avert parking inconveniences.Bar, grill, gaming besides a variety of restaurants will be provided right on site for your entertainment needs. Once complete, movement up and down the building will be facilitated by 8 high speed elevators. The designer probably realized that as much as there exists a variety of restaurants, some occupants would just love to cook their own food hence cooking gas is provided in safe pipes all through the 500 units. Housekeeping and garbage collection services are provided on daily basis. Fiber optic telephone to serve communication within the residence and wireless fidelity internet services are available in every unit for the convenience of the occupant.A human resource department is tasked with the day to day running of service and operations of the hotel.
The central business district of Mactan is only minutes away whichever your preferred mode of transport. Mactan being a business, educational and administrative center in the province of Cebu provides you with every function of life made available in a variety of options.Public transport and commuter services are available round the clock at good prices. The Mactan International Airport is approximately 15 minutes’ drive from Savoy to cater for your flight needs both domestically and abroad.Mactan is a tourism hub marketed both locally and broad, with sandy beaches and other leisure facilities always booming with business so you can be assured of occupancy in your investment all through the year. Mactan is both a local and international business area of interest hence at any one time visiting stakeholders will look for ample accommodation during their visits and the Savoy comes right into play.
The hotel has 500 suites varied across customer needs. Executive studio suits with ample living space, toilet & bathroom, a queen sized bed and fully furnished. Ideal for one.One bedroom suites with kitchen space, toilet and bathroom with a choice of balcony or without balcony and fully furnished; ideal used by a small family on vacation. Twin bedroom suites with a master’s bedroom, toilet and bathroom, kitchen space with a select offering a choice for balcony; best for a family on vacation. Queen suites designed specifically for comfort priorities come fully furnished with two queen size beds with living space, toilet and bathroom as well as balcony.
Custom made suites for the physically challenged.
The suites are fitted with all the necessary emergency systems and response is prompt.Agents are also on standby for any matters arising and routine checks regarding maintenance of the units before and after occupation. Housekeeping is also available on a scheduled routine and also on call. The interior of the suites presents quality of material used and decorum of the stature.
Megaworld, Savoy Hotel, Condo for Sale in Mactan, Newton, Cebu, Philippines. For price list, model house, floor plans, payment terms, CHAT LIVE with an agent 24x7. If you're looking to find Megaworld, Savoy Hotel for Sale, then check here first. We have full details of Megaworld, Savoy Hotel for Sale updated regularly. Everything you need to know about Megaworld, Savoy Hotel Condo buying process, broken down into stages. Includes selecting a unit, choosing a payment plan and buying your dream home at the right price.
Savoy Hotel Is located at Mactan Newton Cebu.
Savoy Hotel, being in Mactan is strategically located between key places in Cebu including the Mactan International Airport which is just 15 minutes away. A public transport system is very much alive in this part of Cebu thus one’s mobility is never affected. Aside from the availability of the public transportation, there are also a number of rent-a-car and other commuter service groups which can be rented if desired so.
Using M.L. Quezon access road, one can easily access Marina Seaview Resto & Lounge, Mactan Marina Mall, Mactan Export Processing Zone, Nonki Japanese Restaurants, Café Fortuna, Gaisano Island Mall Mactan, Family Farm and Kilo-kilo Grill. There is also a Korean Restaurant, Gaisano Grand Mall of Mactan, the Outlets at Pueblo Verde and the Cebu Light Industrial Park.
The famous Mactan Shrine is also located near Savoy Hotel. Magellan’s Marker and Lapu Lapu Monument are within easy reach distance. The Cebu Happy World Museum is located just within the right distance via ML Quezon road.
From where Savoy Hotel stands, a spanning 30 hectare of Megaworld’s township project extends to the beaches. Portofino Beach Resort is one of the beaches within the Megaworld’s project. Portofino alone is a spanning 11.5-hectare beachfront property which is very popular among locals because of clean waters, plus the availability of water sports and beach activities. In these beaches along the stretch of Savoy Hotel, Jet Skis, Banana Boating, Stand Up Paddling and much more are the usual weekend activities.
For Hotel residents, guests and other occupants, there is no need to travel elsewhere to enjoy relaxing moments like in spa, massage places, and others because all of these are available in-house.
Savoy Hotel suites are truly world-class and being the center of accommodation for the guests and the pleasure seekers of its 30-hectare township development project, the entire hotel is packed with awesomely good amenities and reactional facilities.
Adult pools and kiddie pools alike are available with matching sunbathing area. This is to give non-beach goers to have the opportunity to enjoy the blue water and the sun within the comfort zone of the hotel. This despite the fact that beaches are just a few steps away from the hotel premises. Professional lifeguards are on duty 24/7 to make sure that pool users particularly the children are always safe. The children’s pool is located near the adult lap pool for security reasons.
A well operational gym is also available within the premises of the hotel with all equipment available similar to any regular commercial fitness gymnasium. This is an important amenity that most of the younger guests would look into. A gym instructor is also available for assistance. Apart from this, a spa and sauna center is also available with the full assistance of a professional attendant. And to treat the eyes, a beautifully maintained, the well-landscaped flower garden is available at the lawn area for everyone to see and enjoy.
For the safety of all residents and the entire hotel, there is a team of well-trained security personnel who will be on shifting round the clock. To aid the efficiency of this security personnel, closed-circuit television cameras are placed all over the hotel fully monitored within the security office. The security force and the controlled access is duly supported by the city’s police station.
And to make sure that parking is as convenient as staying in the hotel, all of the 500 available units will be assigned with its own parking lot at the underground level and as well as at the outdoor parking facilities. Each of these parking spaces is accessible digitally through swipe access cards. And within the hotel, 8 different units of high-speed elevators are available to aid the mobility of residents, up and down the building.
Throughout the hotel, food and drink bars are available, as well as a wide range of restaurants to satiate the needs of most pleasure and business travelers who are hotel guests. From these line of restaurants, foods and drinks can be availed. Gaming areas right beside the restaurants are all available as well.
While some of the guests would love to enjoy what the restaurants can offer, others may prefer to cook their own food, thus, each of the 500 units of the hotel was given access to have their own cooking gadgets at their own spaces. Cooking gas lines through a centralized safety piping runs across the building to allow each unit to cook for their own foods.
For each of the hotel unit, top of the line service facilities are functionally working. A fiber optic telephone and internet system have been pre-provisioned in each of the rooms. This will ensure that business travelers are able to touch base without going through the pain of poor connections. Wireless internet connection signal is also available throughout the hotel for every body’s convenience.
To maintain cleanliness, housekeeping, garbage collection, and hotel cleaning maintenance are being done every day to ensure that all everything is in order. One team is assigned to make sure that all in-house works required to be done daily are doing their job – that’s the Human Resource Department of the hotel. Fixtures that require maintenance and repairs are being attended to the same that they are reported to the Human Resource team by front desk personnel.
We assign you In-House Megaworld Agents.
We offer you the combined knowledge, resources, ideas, and availability of a team of expert licensed agents.
We hold your hand through it all, and will guide you.
We are available 24 X 7.
We adapt to your needs. We communicate, we listen, we are proactive, we get you motivated.
If you are seriously considering real estate investment, you should be seriously considering us.
With a turnover date expected to be in the 2nd quarter of 2018, the Savoy Hotel Mactan in Newtown Cebu is a condotel in Mactan that offers the lowest price of condo units for sale at the moment while it is under construction. The introductory price is still in effect at this time. Grab the chance-of-a-lifetime to own one of Megaworld’s finest property developments this side of Cebu. While you invest in a minimum amount, your investment today is guaranteed not to increase in price (except the pre-determined interest rate) while you are paying for the monthly amortization if you opt for this mode of payment. Invest where there is the lowest risk and be amazed of its future outcome.
As a distinct investment opportunity, the Savoy Hotel Mactan Newtown is a surefire easy to reach a return on investment (ROI) in just a short period of time. While this condo cum hotel is designed to nurture the hospitality trade, investors are given the chance to let their unit/s be rented out to clients willing to pay a handsome amount as a rent just to dwell in an extraordinary shelter that is more than a hotel but with a lower rate. Staying at the Savoy Hotel Mactan Newtown is just like a home built with amenities that are well-planned and seemingly astounding. And what’s more? Unit owners are entitled to a 30-day (every year) free stay on their units and you will choose the month when you want to stay.
Mactan hosts the Mactan-Cebu International Airport (MCIA), while the Savoy Hotel Mactan Newtown Cebu is just a 15-minute trip from the airport. Cebu is currently experiencing a massive economic growth during the last 2 decades and business, industries, and other economic activities are happening to the island in a fast pace. Also, the island remains as one of the country’s premier tourist attractions because of its biodiversity. Tourists come to the island to dive, snorkel, island hop, mountain trekking, outdoor adventures, sightseeing historical and nature sites, and other attractions. There is also an influx of business people, young professionals, expats, students, and other able-bodied individuals wanting to settle or stay for a while on the island for business, studies, and pleasure. Occupancy rate, according to local authorities, averages 88-92% annually for hotels and condotels.
Once you dip into the condotel business of the Savoy Hotel Mactan Newtown, you are free of any liability for unit repair, maintenance, taxes, additional or reparation of furniture and fixtures, and other deliverables of the room. A team of expert managers (PMO) will do that for you with a minimal fee. For more details, please contact our team of expert real estate brokers on this website, they are more than glad to assist you. This condotel in Mactan is not only a great way to savor Cebu, it is also the best time to earn “extra income”.
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