Friday, July 18, 2008 Filinvest Land develops first condotel project in Cebu
TAKING a cue from Cebu’s increasing domestic tourism patronage and continuous influx of international tourists, Filinvest Land Inc. embraced the challenge of developing a condotel project in Cebu, taking full advantage of the opportunity presented by the existing market forces in addressing the growing demand for hotel rooms in the next five years or so.
The development of Grand Cenia Condotel and Residences of Filinvest is one craftmanship of hospitality transformed into a high-rise structure. With its 25-storey condotel and residential units, Grand Cenia is on its way to fully accommodate the challenges of the hotel industry.
After the recent groundbreaking successfully attended by prominent guests from government and private sector, Filinvest will hold another memorable event—an open house on Sunday, July 20 to feature the first concrete pouring considered as the construction milestone of Grand Cenia. This signifies that all systems go for Grand Cenia’s journey towards being the towering landmark of Cebu City.
Formulated specifically for the event are the attractive investment packages of up to P120,000. Promo discounts are being offered to possible repeat buyers and closables. For the repeat buyers of condotels, they can get as much as P40,000 discount while residential condo repeat buyers can avail themselves as much as P120,000. Buyers promo for closables range from P20,000 to P100,000 discount.
Two products are offered by Grand Cenia: condotel and residential condominium. Condotel units will be furnished and brought into a rental pool.
All the units within the pool will be managed and operated as part of a fully functional hotel. The residential condominium units, on the other hand, are for long-term residential end users.
Residents will enjoy the project’s strategic location right at the heart of the commercial and business district, its proximity to good schools, as well as all the advantages of condominium living complete with amenities and a sweeping view of the business center.