HOTEL 101 – DAVAO – CondoTel (Hassle-Free Investment)

FEBRUARY 2024 UPDATE:  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.

With this new hotel, it brings to 6 the number of Hotel 101 projects which will pre-sell this year in key tourism and urban areas in the country, including Hotel 101 – Bohol, Hotel 101 – Boracay, Hotel 101 – Cebu, Hotel 101 – Davao, Palawan, and the Fort.

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
• No. of Floors: 12 (no 4th and 13th floors)
• General Contractor: CK Builders Corp.
• Architect: Jose Siao Ling & Associates
• Completion Date: December 31, 2022
• under HLURB LTS NO. 034054 & HLURB CR NO. 029154

What’s Nearby:

• SM City Davao

WATCH VIDEO:

PARTNERSHIP: 

REVENUE SHARE PROJECTIONS:

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

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.

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
• COMPLETION DATE: DEC. 2022

HOTEL 101 PROJECTS:

• HOTEL 101 – Manila (Sold Out and fully operational since 2016)
• Hotel101-FORT (Sold Out)
• Hotel101-Davao (2021 operation)
• Hotel 101-Cebu Mactan Airport (pre-selling)
• Hotel101-Boracay (inside Boracay New Coast)
• Hotel101-Bohol (in front of Panglao Beach)
• SkySuites Tower (Quezon Ave. Cor EDSA) -Dec. 2018
• WHTaft- (Beside Lasalle Taft) – operational since 2015

INVENTORY:

Sample Computations (updated on Feb. 22, 2024):

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HAPPY ROOM (21 SQM)

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

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NOTE:  Real Estate property value is appreciating everyday, above prices will increase without prior notice.  Thus, if you want to invest in this property, better to RESERVE NOW!

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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 based on Payment Schedule;
4. 5% Downpayment, 25% Spread over 24 months, and 70% Balance based on Payment Schedule;

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CONTACT US:  Messenger WhatsApp   Viber  Gmail    +63 943 312 5445

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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:

BUILDING FLOOR PLAN:

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FOR INQUIRIES, SITE TOURS, & RESERVATIONS, PLEASE CONTACT US AT:

WILFRED LUCAS “COCOY” M. TOLEDO, J.D.
Licensed Real Estate Broker
PRC License No. 20332, valid until Nov. 9, 2024
DHSUD CR NO. R7-B-03/20-0833, valid until Dec. 31, 2024
PTR No. 2840575, valid until Dec. 31, 2024

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331, valid until Dec. 31, 2024
DHSUD CR NO. R7-B-03/20-0835, valid until Dec. 31, 2024
PTR No. 2840574, valid until Dec. 31, 2024

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