Date Posted: 2013-05-17 13:51:21
Site Posted: MyProperty.ph
Camp John Hay?s world-class hotel is not just a perfect getaway but also an investment. It is a 188-unit hotel located at the site of the former Main Club. It is presently operated as a hotel for fifteen (15) years period according to the leaseback agreement. Unit owners are entitled to special benefits and privileges for a worry-free investment.
Unit No.: 448
Area: 145.82 sq.m.
Amenities:
Two (2) bedrooms
Living room area
Dining room area
Three (3) Bathrooms
Mini Bar
***Fully-furnished.
Regarding Leaseback Agreement:
?Unit owners are given seventy percent (70%) of the net income from the hotel earnings;
?Unit owners are also entitled to occupy the unit for personal use for thirty (30) room
nights per year, non-cumulative, under the conditions of the agreement;
?No monthly dues and association dues ? these will be handled by the hotel management
for the entire duration of the leaseback period;
?The agreement is renewable for another fifteen (15) years unless terminated by either
the owner or the hotel management.
Payment Options:
?Preferred: Full payment
?Option: Downpayment then installment
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