Hotel 101 Davao – CondoTel (Hassle-Free Investment) , Davao City

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hotel 101 davao, condotel for sale in davao

hotel 101 davao, condominium for sale in davao

hotel 101 davao

HOTEL 101 – DAVAO

Located in a 5,300 square meter prime property at Eco West Drive at the side of SM City Davao, Hotel 101 – Davao, a 12-storey Business and Leisure Hotel, is poised to be the biggest hotel in Mindanao. It will feature back-to-back commercial and retail shops for an upscale hospitality experience to be unveiled by 2021.

PROJECT OVERVIEW: 

  • Number of Rooms:  519 ( Poised to become the biggest hotel in Mindanao);
  • Land Area: 5,384 sqm and is situated at the heart of the city
  • Location:  Ecoland, Matina, Davao City, Philippines
  • Owner & Developer: Hotel of Asia, Inc. (A subsidiary of DoubleDragon Properties Corp.)
  • No. Of Parking Slots: 118
  • General Contractor: CK Builders Corp.
  • Architect: Jose Siao Ling & Associates
  • Target Launch: 2021

What’s Nearby:

  • SM City Davao

WATCH VIDEO:

PARTNERSHIP: 

Unit Owner Share

  • 30% of Gross Room Revenue excluding Taxes
  • Condominium title to the unit
  • Free nights in Hotel 101 projects nationwide
  • Will shoulder real property tax

Hotel 101 Share

  • 70% of Gross Room Revenue excluding Taxes
  • Will shoulder cost of unit fit-out, hotel operating expenses, unit repairs, and maintenance

condotel operation of hotel 101

PROFIT SHARING  – THE EVOLUTION OF RENTALS:

● In a residential condominium, if there are NO TENANTS, then there will be NO INCOME.  While Hotel 101 Cebu, assures all investors/ unit owners of a 30% INCOME as a share from the Hotel’s over-all revenue! So, you will not worry about any unrented units, you will let your money work for you, plus you can stay overnight for FREE for x number of days in any Hotel 101 nationwide!

Hotel 101 Davao is a condotel concept of DoubleDragon Properties Corp. (a real estate venture between Mang Inasal and Jollibee) wherein if you buy a unit, you no longer need to manage it personally.

REVENUE SHARE PROJECTIONS:

REVENUE share in hotel 101 davao

Here are the features:

  •  All furniture and appliances are already INCLUDED
  • ✔ NO Monthly Dues
  • ✔ NO Maintenance Fees
  • ✔ NO Renovation Costs
  • ✔ NO need to purchase a Parking Slot
  • ✔ 10 Days FREE STAY Vouchers (transferable to friends & loved ones and are given annually — 5 of these vouchers can be used in diff. locations)
  •  Revenue Shares are deposited EVERY 16th of the Month
  •  ABSOLUTE OWNERSHIP with TITLE (CCT – Condominium Certificate of Title)
  •  HASSLE-FREE Investment as you don’t need to manage your unit personally
  • ✔ GUARANTEED INCOME regardless of whether your unit has been occupied or not as the shares will be equally divided among owners
  •  0% INTEREST on All Payment Terms

hotel 101 in the philippines

HOTEL 101 PROJECTS:

Sample Computations (updated on Feb. 5, 2021)

_____________________________________________________

HAPPY ROOM (21 SQM)

hotel 101 davao happy room

hotel 101 floor plan

TOTAL CONTRACT PRICE: P4,880,000.00 
TRANSFER CHARGES: P195,200.00 (to be paid before turn over)
RESERVATION FEE: P50,000.00

5% SPOT DOWN PAYMENT:  P194,000.00

25% EQUITY spread over 24 months with 0% interest: P50,833,33/MONTH
                               www.GabrielRealtyBrokerage.com

70% BALANCE THRU SPOT CASH OR BANK FINANCING (P3,416,000.00)
15 yrs – P34,647.23/month
10 yrs – P43,272.26/month
5 yrs – P70,910.15/month

HAPPY ROOM :

Hotel 101’s signature room is crafted with consistency and efficiency in mind.

  • Unit Size: 21 square meters
  • Fully fitted out
  • Kitchenette with microwave
  • Natural lighting and ventilation
  • Maximized ceiling heights

_____________________________________________________

PAYMENT SCHEMES:

  1. Spot Cash – 10% Discount on TCP;
  2. 100% Spread over 24 months with 5% Discount on TCP;
  3. 10% Downpayment, 20% Spread over 24 months, and 70% Balance upon Turnover;
  4. 5% Downpayment, 25% Spread over 24 months, and 70% Balance upon Turnover;

FEATURES AND AMENITIES:

This towering development caters to businessmen and tourists alike that are searching for a haven to suit their needs.

Four high-speed elevators allow optimal accessibility to the hotel rooms. The spacious main lobby with a revolving door, side door entrance, and high curtain double-glazed windows make for a very good lasting impression. The property incorporates barrier-free design consideration for ramps, handrails, and toilets making it a PWD-friendly establishment.

  • Lobby
  • Sky Garden
  • Infinity Pool
  • Fitness Gym
  • Cafe
  • Retail Shops
  • Function Rooms
  • Helipad

LOCATION:

hotel 101 davao location

BUILDING FLOOR PLAN:

building floor plan of hotel 101

For assistance and full details, please contact us at:

+63 943 312 5445 / +63 995 101 9010 (Viber/ WhatsApp/ Signal/ Telegram/ WeChat) or EMAIL us at: [email protected] or visit our FB PAGE at https://www.facebook.com/gabrielrealty/

COCOY M. TOLEDO
Licensed Real Estate Broker
PRC License No. 20332, valid until Nov. 9, 2021
DHSUD CR NO. R7-B-03/20-0833, valid until Dec. 31, 2021
PTR No. 3572531, valid until Dec. 31, 2021

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331, valid until Dec. 31, 2021
DHSUD CR NO. R7-B-03/20-0835, valid until Dec. 31, 2021
PTR No. 3572532, valid until Dec. 31, 2021

!! WARNING: Avoid fly-by-night agents, DEAL only with competent licensed real estate brokers to protect your hard-earned money!

Air Conditioning Heating Balcony Dishwasher Pool Internet Terrace Microwave Fridge Cable TV Security Camera Toaster Grill Oven Fans Servants Furnished Cupboards
Property Address: Ecoland, Matina, Davao City
Property City : Davao