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Tagaytays' BEST condo. Splendido tower is located inside in a golf course community, with 100% cool climate, 100% view of Taal Lake, with 200-500T income per year, no monthly dues on condotel, lifetime membership on COUNTRY CLUBHOUSE. fully furnished, wiith previledge to use the 30 days hotel accomodation in any of 4 hotels owned by Sta lucia in La Mirada Cebu, Soto Grande Cebu, La brezza Quezon city.
Selling price of Tower 2 concotel:
4th floor with out view of taal = 85,000/sq.m. unit with view of Taal = 95,000/sq.m... terms of payments: 20% down in 36 months, 80% balance up to 10 yrs @ 16% interest or BANK financing
6. HISTORY
Legend has it that the word Tagaytay came from
"taga" meaning to cut and "itay" which means
father. A father and son were said to be on a wild
boar hunt when the animal they were chasing
turned and attacked them. As the boar charged
towards the old man, the son cried "taga itay!".
the boy's repeated shout reverberated in the alleys
of the ridge. Heard by the residents, hunters and
wood gatherers, the cries became subject of
conversation for several days in the countryside. In
time, the place where the shouts came from
became known as TAGAYTAY.
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18. Splendido Taal Tower Condominium 2
15 Floor s
Gr ound Floor – Commer cial
2 nd -12 th - 20 units/flr , 13 th -15 th - 8 units/flr
3 Par king Levels
244 Units - Studio / 1-br / 2-br
Types of Unit A vailable: (A ll Completely Fur nished)
Studio - 30.08 – 41.17 sqm.
1-br - 82 sqm
2-br - 82 sqm.
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
19. Location: Splendido Taal Residential, Golf & Countr y Club –
Laur el, Batangas
Pr oject Inter ior Design: Songsong & Per iquet
Pr oponent A r chitectur al Design: W.V. Coscolluela & A ssociates
Owner / Developer : Sta. Lucia Land Inc.
Exclusive Mar keting Networ k: Fil-Estate Gr oup of
Mar keting Companies
Buy to OWN Buy To Own (RESIDENTIA L)
Buy a Condominium Unit & Enjoy the following:
1.A Home in the 2 nd Summer Capital of the Philippines
2.A ssur ance of a Well-maintained Building & Facilities
3.A ssur ance of Gr eater A ppr eciation of Value
4.A ssur ance of Multi-secur ity Facilities
5.Convenience of A ccessible Commer cial A r eas
6.Convenience of wide-r ange of A menities
20. Buy to Splendido Taal Tower 2 A dvantages:
INVEST
•Condotel Concept
•Wor r y-fr ee investment
•Gr eat Location – 2 nd Summer Capital of the Phils.
•Completely Owned
with Condominium Cer tificate of Title (CCT)
•15-Year CONDOTEL Management Contr act
•Tr ansfer able
•Fully fur nished
•Full-Ser vice Vacation Home
•30-r oom-night complimentar y stay anually
Room nights can be used in any of Sta. Lucia’s
Resor t hotels in Cebu, Quezon City and Subic
21. Buy to
INVEST •Greater return on investment - Rent Revenue is far
superior than savings or time deposit
•Value Appreciation – The best selling point of
condotels as investment property is the rate at
which they appreciate specially when purchasing
at a pre-construction stage
•Pride of Ownership
•Self Liquidating
Once Condotel is operational, you start receiving
your shares quarterly provided you have paid 20%
full DP & your account is in good standing.
Profit from your Splendido Taal Tower 2 Condotel
Investment may be able to cover a portion (if not
all) of your unit’s monthly amortization when it’s
not yet fully paid.
22. RETURN ON INVESTMENT
DISCLAIMER:
The estimated return on investment is computed based on
assumptions believed to be reasonable and are being
provided to the intended recipient for information
purposes only. Sta. Lucia does not warrant and holds no
responsibility for the accuracy of the assumptions. Sta.
Lucia does not guaranty
or make any representation that the estimated return on
investment can be achieved. It is assumed that the
recipient will make an independent verification and
analysis of the estimated return on investment and its
assumptions for his/her own exclusive investment
decision.
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
23. THE CONDOTEL SHARING
From the Gross Room Rental Revenue, a total of 60% Operating
Expense will be deducted. This Operating Expense would include (but
is not limited to) the following:
1.Salaries / Wages of Condotel Personnel
2.Benefits of Condotel Personnel
3.Laundry
4.Pest Control
5.Real Estate Tax of Common Areas
6.Utilities Allocation
7.Security
8.Repairs & Maintenance
9.Depreciation
10.Professional / Administrative Expense
11.Insurance Premiums
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
24. Net Room Rental Revenue will be shared at a 70%:30%
ratio by the Condotel Unit Investors & Hotel Management
Group, respectively. The 30% will serve as management
fee.
When Do You Start Earning Dividends?
1.The CONDOTEL is OPERATIONAL
2.Your account is on a FULL DOWN PAYMENT status of
20% & is in GOOD STANDING (NO Delinquency)
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
25. Assume:
1). P3,000.00 Rental / Day
2). 35% Occupancy Rate
3). 50% Occupancy Rate
COMPUTATION:
ANNUAL ROOM RENTAL REVENUE @ 100% OCCUPANCY RATE
64 Rooms X P3,000.00 X 335 Days = P64,320,000.00
1ST YEAR @ 35% OCCUPANCY RATE
P64,320,000.00 x .35 = P22,512,000.00
2ND YEAR @ 50% OCCUPANCY RATE
P64,320,000.00 x .5 = P32,160,000.00
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
26. P22,512,000.00
ANNUAL ROOM RENTAL REVENUE @ 35% OCCUPANCY RATE
Less 60% Operating Expense P22,512,000.00 X .60 P13,507,200.0
Net Profit P22,512,000.00 - P13,507,200.00 P9,004,800.00
70% Condotel Owners’ Share P9,004,800.00 X .70 P6,303,360.00
Unit Income Per Share P6,303,360.00 / 3,017 Sq. M. P2,089.28
36 Sq. M. Unit’s Annual Income from Room P2,089.28 X 36 Sq. M. P75,214.08
Rental Revenue
Add 30-Day Complimentary Room Usage Income P3,000.00 X 30 Days P90,000.00
Total Annual Income P75,214.08 + P90,000.00 P165,214.08
Less Association Dues P50.00 X 36 Sq. M. X 12 Months P21,600.00
Net Annual Income P165,214.08 - P21,600.00 P143,614.08
Divide by 12 to see Monthly Income P143,614.08 / 12 Months P11,967.84
Divide by 4 to see Quarterly Income (Frequency of P143,614.08 / 4 P35,903.52
Distribution is Quarterly)
Percentage of ROI P143,614.08 / P2,890,000.00 4.97%
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
27. P32,160,000.0
0
ANNUAL ROOM RENTAL REVENUE @ 50% OCCUPANCY RATE
Less 60% Operating Expense P32,160,000.00 X .60 P19,296,000.0
Net Profit P32,160,000.00 - P12,864,000.0
P19,296,000.00
70% Condotel Owners’ Share P12,864,000.00 X .70 P9,004,800.00
Unit Income Per Share P9,004,800.00 / 3,017 Sq. M. P2,984.69
36 Sq. M. Unit’s Annual Income from Room Rental P2,984.69 X 36 Sq. M. P107,448.84
Revenue
Add 30-Day Complimentary Room Usage Income P3,000.00 X 30 Days P90,000.00
Total Annual Income P107,448.84+ P90,000.00 P197,448.84
Less Association Dues P50.00 X 36 Sq. M. X 12 Months P21,600.00
Net Annual Income P197,448.84 - P21,600.00 P175,848.84
Divide by 12 to see Monthly Income P175,848.84 / 12 Months P14,654.07
Divide by 4 to see Quarterly Income (Frequency of P175,848.84 / 4 P43,962.21
Distribution is Quarterly)
Per centage of ROI 175,848.84 / P2,890,000.00 6.08%
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
28. COMPARATIVES ON ANNUAL RETURN ON INVESTMENT
Total Annual ROI @ Annual ROI @ Regular Time Deposit
Investment 35% Rate of 50% Rate of Savings Account in
Occupancy Occupancy Account in Banks @ a
Banks @ a Rate Median Rate of
of 1% Annual 2.75% (2.5% -
Interest 3.5%) Annual
Interest
P2,890,000.00 P143,614.08 @ P175,848.84 @ P28,900.00 P79,975.00
4.97% 6.08%
BANK INVESTMENT: Pass Book or Time Deposit Certificate
TIME-SHARE: Membership Certificate
CONDOTEL: Condominium Certificate of Title
Note: These are only assumptions. Actual figures may vary based on
Room Rental Rates & Occupancy.
29. P 7,550.00 (June – Oct) Twin / King Deluxe Room
P 8,700.00 (Nov – May) Twin / King Deluxe Room
P 6,550.00 (June – Oct ) Twin Classic Room
P 7,250.00 (Nov – May ) Twin Classic Room
34. OBJECTIVES
1. To promote/SELL Splendido Tower 1 & 2:
a. Investment
b. Retirement
c. Health (pollution-free environment,
Tagaytay breeze, etc.)
d. Lifestyle: Sports
*Golf Club (par-72, Greg
Norman Championship Golf
Course
*Country Club
35. e. View of Taal Volcano (Guiness Book of
World Records as the Smallest Volcano,
the Greens & Fairways of the Greg
Norman Championship Golf Course and
Balayan Bay
f. No waiting time
a. Ready for Occupancy
b. Build home/s immediately
c. Enjoy the facilities immediately
g. Free Membership to the Country Club &
Optional membership to the Golf Club