SAVOY HOTEL MACTAN NEWTOWN, RFO 4-Star Hotel for Sale

DECEMBER 2022 UPDATE:  Savoy Hotel Mactan Newtown is a ready for Occupancy Condo-Hotel in The Mactan Newtown, a township mega-community on Mactan Island home to retail shops, a Cyberpark, high-end office towers, and leisure facilities. Guests will be happy to find Newtown Beach within easy walking distance from the hotel. Ideally, Mactan-Cebu International Airport is just a 15-minute ride away.

Travel to the historic resort city and discover a new level of comfort and convenience at Savoy Hotel Mactan Newtown. The 18-story hotel has a comprehensive set of facilities and services to suit your needs. Experience genuine Cebuano hospitality and see the city of Cebu in a new light. Come, find your stories.

With its 547 guest rooms, Savoy Hotel Mactan Newtown is the biggest hotel in terms of the number of rooms on Mactan Island and the 2nd biggest in the entire Cebu

The Mactan Newtown is Megaworld’s first beachfront-inspired township is the company’s first township development outside Metro Manila. This mega-community combines high-end office towers, luxury condominiums, leisure amenities, retail shops, upscale hotels, and school – The Newtown School of Excellence.

PROJECT OVERVIEW:

• Location: New Boulevard, The Mactan Newtown, Lapu-Lapu City, Cebu
• Gross Lot Area: 3,383 sqm
• No. of Building: 1
• No. of Floors: 18 (G/F – Lobby, 2/F – Service and Business Facilities, 3/FAmenity and Guest Rooms, 4/F up Guestrooms
• No. of GR: 547
• Density: 38 GR/ Typical Floor
• Elevator: 4 H/S interior finished passenger elevator, 2 H/S Service elevator
• Turnover: RFO last November 2019

“HASSLE-FREE” INVESTMENT:

• Guaranteed Return-of-Investment! Get your Annual Profit Every Year! Guaranteed HIGHER ROI at 8% to 14% annually
• It is a unique investment opportunity that will allow investors to purchase a unit at the hotel.
• 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 – Perpetual Ownership with CCT
• The Hotel will be operated and managed by “Megaworld Prestige 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 (15) fifteen years and it will renew automatically. Your income with the purchased unit will be Guaranteed! The hotel also will offer guests a Swimming pool, Bar Lounge, Massage Deck, Business Center, and a Gym.
• Free 30 room nights per year
• Can occupy up to 10 rooms simultaneously for one night
• Room nights are inclusive of breakfast, toiletries, housekeeping, and concierge services.
• Free room nights are for unit owners to enjoy, give away, or sell
• No Association Dues

PROJECTED RETURN ON INVESTMENT (ROI): 

WATCH VIDEO:

ROOMS:

Delight in one of the newest hotels in Cebu – Savoy Hotel Mactan Newtown. It has 547 fully furnished rooms and suites designed for leisure and business stays.

Choose from different Savoy Hotel Mactan Newtown rooms in Cebu. All are furnished with comfortable beds and decked with splashes of calming blue for a relaxing stay.

PRICELIST:

PROMO COMPUTATIONS:

Sample Computations (updated on Dec. 2, 2022):

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TWIN SUITES (23 SQM):

• Ideal for short trips, the Superior Twin comes with all the basics, from toiletries to coffee- and tea- making facilities. Colleagues can share the room as it has 2 twin beds.

UNIT PRICE: P5,088,750.00 (Unit 302)
FIT-OUT COST: P1,811,250.00
RESERVATION FEE: P25,000.00

LEASE TO OWN PAYMENT:

• Month 1 SPOT 10%: P449,375.00
• Month 2 to 25 with 0% interest: P19,765.63/MONTH
• Month 25 – Fit Out Cost: P1,811,250.00

STEP-UP PAYMENT:

• Months 1 to 12 with 0% interest: P19,000.00/MONTH
• Months 13 to 24 with 0% interest: P29,000.00/MONTH
• Months 25 to 36 with 0% interest: P39,000.00/MONTH
• Fit-out Cost on the 37th Month: P1,811,250.00

BALANCE THRU SPOT CASH OR BANK FINANCING (P3,790,312.00)

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DELUXE QUEEN (27.4 SQM):

• Perfect for couples or solo travelers, the Deluxe Queen provides extra comfort to guests. It comes with an added sofa and a convenient writing desk.

UNIT PRICE: P6,062,250.00 (Unit 826)
FIT-OUT COST: P2,157,750.00
RESERVATION FEE: P25,000.00

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JUNIOR SUITE (31.80 SQM):

• The Deluxe Premier affords guests with more space, making it an exceptional choice for longer stays. It also comes with the addition of a seating area.

UNIT PRICE: P7,035,750.00 (Unit 1406)
FIT-OUT COST: P2,504,250.00
RESERVATION FEE: P25,000.00

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EXECUTIVE SUITE (47 SQM):

• The outstanding Junior Suite provides ultimate privacy as it has a separate bedroom. It also has its own living area, best used as an extra leisure space or for entertaining guests.

UNIT PRICE: P10,645,500.00 (Unit 1220)
FIT-OUT COST: P3,454,500.00
RESERVATION FEE: P25,000.00

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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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COMMON ROOM AMENITIES: 

• Coffee- and tea-making facilities
• Mini-bar
• Wi-Fi connection
• LED TV
• Electronic safety box

LEASE-TO-OWN PAYMENT SCHEME:

• Reservation Fee of P25,000;
• 10% Spot DP after 30 days;
• 10% Spread in 24 months
• 80% Turnover Balance

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

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AMENITIES:

• Swimming Pool
• Sunbathing lounge
• Pool bar
• Children’s pool
• Herb/flower garden
• Fitness center
• Male/female shower and changing rooms with toilets

MACTAN NEWTOWN BEACH MALL:

LOCATION:

Mactan Belmont Hotel is located at the Queen City of South – Mactan, Lapu-Lapu City, Cebu.

SITE DEVELOPMENT PLAN:

BUILDING FLOOR PLAN:

Current Condominium Developments in The Mactan Newtown:

ONE MANCHESTER PLACE (click to details), Ready for Occupancy Residential Condominium

8 Newtown Boulevard Mactan Newtown (click to details), Ready for Occupancy Residential Condominium

SAVOY HOTEL MACTAN NEWTOWN (click to details), Ready for Occupancy 4-Star Hotel, Ideal for Investment

LA VICTORIA GLOBAL RESIDENCES (click to details), Pre-Selling Residential Condominium

THE PEARL GLOBAL RESIDENCES (click to details), Pre-Selling Residential Condominium

THE NEWTOWN SCHOOL OF EXCELLENCE

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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