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Elegant Studio In Mactan For Sale (ref:: L1U4284) - This listing was clicked 2929 times.

Quality SDR Serviced Apartments FOR SALE at Kiener Hills Condominiums, Cebu, Philippines.

Main features for this listing
Listing Updated: 21/February/2009 20:07:58
Country: Philippines
Region: Central Visayas ( Read current articles. )
City: Lapulapu
Zip Code: 6015
Address:

Kiener Hills Matumbo, Pusok

Vacation Property (for rent): No
Bedrooms: 0
Bathrooms: 0
Energetic Class: Not Available.
Energy Performance Index (IPE): Not Available.

Description for this listing

Earn rental income immediately!

Conveniently located just 3 minutes from Mactan-Cebu International Airport SDR Serviced Apartments in Mactan, Cebu, provides an ideal location. Within 5 minutes walk of restaurants, shopping malls  (over 100 retail stores), Golf course, Cebu Yacht Club and only 10 minutes from Cebu’s famous beaches.

SDR Serviced Apartments, is offering Studio and 2-Bedroom Fully-Furnished for sale with immediate rental returns.

For a short video on the rooms, please click:
http://www.youtube.com/watch?v=zmzjqGTG6ZU


The SDR Difference

Background:

The property 'Kiener Hills Condominiums on Mactan Island, Cebu was originally completed in 2002. Of the 548 total units in the project so far 25 have been developed and furnished. The majority of these fully-furnished units are being run by SDR Serviced Apartments as serviced apartments. The project over the past 12 months has been completely re-developed and upgraded. Kiener Hills now offers an excellent investment opportunity for investors and end-users.

Apartments in the project have appreciated 70 over the past 3 years. Despite the current economic gloom, savvy international investors and industry experts suggest that the main appreciation of property in Cebu will occur over the next 5 years and will not plateau for many years thereafter. More importantly - even in these turbulent times - SDR gives you the choice of a 6 guaranteed return on your fully managed investment or a 60 share of net monthly room income.

The Philippine government's Department of Tourism (DOT) is on record highlighting the gross shortage of accommodation in Cebu. Even with the current construction phase, there will not be sufficient rooms for the Department of Tourism's (DOT) estimated needs for this market.

In terms of valuation, Cebu is way behind its fellow Asian resort destination neighbors; Phuket and Bali. Similar to Bali, despite the adverse market conditions in the world, property prices continue to surge. In terms of average price per sq/ft. Similar Condominium projects in Phuket sell for approximately USD375 per square foot (unfurnished), whereas the Kiener Hills property in Cebu sells from just USD 99per square foot (unfurnished).

Even in tough times, Cebu has much upside for the diligent investor. Furthermore, growth in the Cebu tourism market is up 25 year-on-year in terms of people entering the province and more than 40 of all tourists coming to the Philippines stop over or fly direct into Cebu. These figures compare favorably with those of Phuket. A direct result of Cebu’s growth has meant major improvements are underway at the nearby Mactan-Cebu International Airport.


Summary:

* A unique opportunity to earn strong annual rental returns

* Enjoy the significant capital appreciation on the asset in Cebu's flourishing tourism market which currently is heavily undervalued compared to other similar resort locations.

* Ride on the experienced and proven SDR management team who continue to achieve some of the highest occupancy rates in Cebu and enjoy flexible payment options.

*
*Low risk and quick completion (All 5 buildings are structurally complete).

*Ride-out the turbulent times with a solid 6 guaranteed return per annum on your investment. At a time where depositing your money in a bank provides low interest rates and limited security over your money!




Contact:

sdr mactan apartments inc.
brgy. matumbo, pusok, lapu lapu city
cebu, philippines 6015

Tel:     +63 32 238 3929
Fax:    +63 32 340 7902

sales@kienerhills.com

http://www.kienerhills.com

Other features about this property, this features don't esclude more features.
Furnished, Hotwater, Pet Friendly, Balcony, Telephone, Fireplace, Private Pool

Extra Images (You can click on these images, to view them in the original size!)
Pricing info and options for the listing Other listing options
This listing is For Sale
Sell Price: 40500 American Dollars
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This listing has been added/update on: 21/February/2009 20:07:58 and it is going to be removed soon.



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