THE ACQUA LIVINGSTONE BY MISSONIHOMES

WELCOME TO ACQUA LIVINGSTONE TOWER! !
 
 
The Acqua Livingstone interior design by MISSONIHOME the world’s first residential condominium interior designed by the iconic Italian fashion house. Acqua Livingstone is inspired by Africa’s Livingstone Falls, a collection of surging rapids that are part of the Congo River. But unlike the common vertical waterfall, Livingstone’s 900 foot drop is stretched over a majestic 200 mile cascade.
 
 
The Country Club
 
 
A River Walk Promenade
 
Livingstone is the newest tower to rise from Acqua Private Residences, a masterpiece development taking its cue from nature’s blueprint. An urban community that features lush, tropical rainforest-infused design with breathtaking waterscapes and verdant foliage
At the confluence of two great cities, Acqua is uniquely positioned to provide its residents with the idyllic pleasure of a river in renaissance and the vibe of a city in constant hum.
 
Tropical rainforest-infused living located a shot drive from downtown Makati via a new bridge.. A true oasis of serenity and solitude amidst modern life’s ever-quickening pace.
 
 
Kaleidoscope Eyes
The Missoni brand is known for bold color palettes seemingly caught in a frozen firework of textures and pattern. Geometric, florals. Stripes, abstracts, each Missoni print is designed to make a visually striking statement, in expressions of wearable and livable art.
Based in Varese, Italy Missoni  traces its roots to 1953, when Ottavio and Rosita Missoni decided to use a scraft machine to knit dresses instead. The light-as-air fabrics in candy-bright color remain an editorial and fashion favorite, giving the brand an iconic stature in a land of fashion giants.
The Missoni pallete has since expanded to decorative home furnishings and textiles, extending its kaleidoscope canvas to go beyond the sartorial sentence into an imperative of interior design.
 
The Fabric of Family 
The vaunted house of Missoni  in its generation prides itself for weaving a pattern of success that is more about family and relationship as it is about and fashion.
 
Ottavio and Rosita, along with their three children, are interwoven by the fine threads of familial bond.  There is a pattern of warmth, whimsy and strength that surfaces from every Missoni print, a tight weave that is ever buoyant, resilient and full of spirit. 
 
Indeed, it is this thread of family that renders the Missoni brand as unmistakable and vibrant; stands of various color and characters woven together in a pattern that is bursting with life.
 
For this familial passion and love for quality craftsmanship and design, Century Properties is honored to partner with Missoni, creating the first and only Missoni-branded homes in the world.
 
Water colors
Name after the free-falling rapids of the mighty Congo River, Acqua Livingstone gracefully combines nature’s majesty with man’s inherent facility for beauty and invention.
Right within nature’s embrace stands a tower bedecked in delight. An unmistakable aesthetic of living, breathing design.
 
Century Properties honors MISSONIHOME and brings it to a backdrop of natural light where it can truly shine.The tower’s facade evokes the bend and flow of cascading water, a  liquid architecture that shimmers in the sun and sparkles at night.
An architecture that holds itself up to the magic it keeps inside.
 
Designer Living through Living Design
 
Acqua Livingstone stands proud as the world’s first and only Missoni branded home.
A partnership that brings a stylistic twist to a fabled property…
A Kaleidoscope of texture and colors greet residents and visitors alike…
Lobbies, hallways, and rooms are defined by the bold and the vibrant…
 
LIFESTYLE
In Pursuit of Highs
The Canopy fully articulates the Missoni ideal at Acqua Livingstone and sets the stage for a whole new pattern of life and leisure.
The lifestyle hub of Aqua Livingstone with sweeping vistas of the Pasig River and the Makati skyline, The Canopy is a split level complex built around a holistic view of human pursuits. Each aspect of the human existence is attended to in pleasing ways via activity hubs that span three different levels of the Canopy and provides avenue for textural approaches to a lifestyle 
 
The lower level contains function rooms, business centers, gyms, library, spa, and other amenities that promote health, wellbeing, and cultural curiosity.
The upper level is a social space dedicated to an interaction and entertainment. It house an Amphitheater, DJ booth and dance floor, pool, and BBQ facilities, ideal for parties and get-together.
 
 
The lifestyle hub of ACQUA Livingstone is named after the uppermost layer of a forest, formed by the crown of trees.
The Social space
Whether it’s basking in the morning sun over a cup of coffee or late night, dinner with city lights, the Canopy’s mezzanine floor is a remarkable place to start or end the day.
 
The Canopy’s at Acqua Livingstone is the pinnacle of the Missoni-Acqua partnership fully realized; the highs of a true branded residential experience.
 
With its charismatic interiors and game-changing amenities, Acqua Livingstone interior byMISSONIHOME, is more than just a residential building. It’s the heightened expression of lifestyle.
 
Be a part of ACQUA Livingstone and savor the lifestyle and the enchanted views of Makati City skyline, Manila and Mandaluyong City.
 
I look forward of hearing from you soon.
 
Thank you.
 
FLOR  RANOLA
Mobile:  +63 916 5904 985
             +63 919 3831 018
Phone:    (632)   871  6589
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THE TWIN LAKES

WELCOME TO TWIN  LAKES!
 
The Country’s first and Only Vineyard Resort Community
 
 PARADISE OF PRIVILEGE
TWIN LAKES….. Where the pleasures of life take root. Bloom. Grow. Encompassing more than a thousand hectares near metro Tagaytay, it is community steeped in beauty and defined by luxury.

 

Wine Country, Reborn…
The master stroke of Twin Lakes is The Vineyard, a 177-hectare mixed-use phase that brings Europe’s storied wine country to life. Here rows and rows of vines banter with the changing seasons before the grapes are transformed into wine of the finest vintage.
 
The Taal Lake and Taal Volcano. Together, they form vistas that are majestic in scale and serene in beauty. Twin Lakes’ lakeshore community seems to reach out to the main caldera, where the water is fresh and teeming with marine life. 
 
 
 

 

 
Twin Lakes raises the bar of living well south of Manila with unparalleled master plan that makes the most of the rugged, nature-hewn land it emerges from. The community is the showcase of themed residential phases that are seamlessly integrated with expansive nature spaces, well-designed retail, commercial and civic centers and vibrant lifestyle and leisure hubs.
 
The Vineyard 
 
The Vineyard shopping Village,  Set along Tagaytay Ridge, and facing the city’s main thoroughfare, the shopping village infuses a sense of newness and excitement into The Vineyard. Stylish shops and eclectic boutiques are interspersed with quaint cafe’s and dining spots specializing in every cuisine imaginable.

 

 
  
The 50-hectare DOMAIN LE JARDIN epitomizes stately living in the greenest of settings. 
 
The hallmarks of Twin Lakes’ first residential phase are its prime subdivision lots, a lush botanical garden and an exclusive amenity area that serves as the centerpiece of recreation in the village.
 
Be among the first to own a residential lot in this exclusive 50 hectare subdivision, situated within a luxury community. Featuring The Vineyard, a mixed use development comprised of a boutique hotel, chateau and an upscale shopping village.
 
Prime Lots from 250 sq.m. to 471 sq.ms.
Residential lots start at  Php15,000.00/monthly only.
 
For every indulgence it unveils, it reveals an experience to match—enriching, indelible and transformational all at once.
 
NOW, discover paradise that much closer to home.
 
Be a part of this very unique and prestigious property, a perfect vacation and retirement homes for your family. THE TWIN LAKES…….
 
Looking forward of hearing from you soon.
 
Sincerely yours,
 
 
FLOR  RANOLA
Mobile:  +63 916 5904 985
Phone:        (632) 871 6589
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THE TORRE DE MANILA

WELCOME TO TORRE DE MANILA ! ! !
 
 
 
TORRE DE MANILA  is a resort-inspired high-rise condominium tower that will further solidify Manila’s status as a residential city for today’s upwardly mobile professionals and start-up families. Located on a strategic vantage within the bohemian district of Ermita, Torre de Manila will rise in the heart of Manila, surrounded by popular and historic destinations that add prestige to its image.  Found beside Sta. Isabel College, Torre de Manila’s surrounding area also consists of Rizal Park (40 meters across), Adamson University by the east, Manila City Hall and SM City Manila by the north, Manila Doctors Hospital at the west, the LRT-UN Avenue Station at the south, and the majestic Manila Bay at three blocks away and many more……
 
 
This fantastic location will offer residents close proximity to all the necessary establishments – schools, hospitals, religious centers, business districts and commercial areas as well as major thoroughfares.   This makes the project an ideal address for Manila denizens seeking to upgrade their residence, as well as those from the Pasay area.  It can also serve as a halfway home for those living in the nearby suburbs including Cavite, Batangas, Laguna, and Rizal
 
 SITE DEVELOPMENT PLAN
 
 
Torre de Manila DMCI Taft Avenue Luneta – Location Map
Torre de Manila  is ideally located within the immediate vicinity of cultural landmarks, commercial, business, educational and recreational locations in the metropolis. The site is walking distance to Rizal Park, more commonly known as Luneta Park. Parents who would want the best education for their children, will find Torre de Manila ideal, as the site is just a stone’s throw away from Sta Isabel College and Adamson University and just a jeepney ride away from exclusive schools such as De La Salle University, St. Scholastica’s College and College of St. Benilde.
 
 
 
 
 
 
 
 
THE SKY PATIO
 
THE UNIT SIZES AND LAYOUT:
Unit Features
As DMCI Homes has a good track record in the construction industry, unit owners ofTorre De Manila DMCI Taft Avenue Luneta can expect efficient and spacious floor plans and high-quality structures with first-rate construction techniques in the development for their comfort and convenience. Unit types are likewise varied and carefully planned to suit the needs of today’s homeowners.
 
*****
 
***
 
****
 
***
 
Be among of the unit owner  and enjoy all the very fabulous and luxurious amenities at 
TORRE DE MANILA  
 
With regards to Price and Terms of Payment…..
Please Call…. +63 916 5904 985 or (632) 871 6589
 
I look forward of hearing from you.
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THE LUITON RESIDENCES

WELCOME TO LUITON RESIDENCES
 
***
***
WELCOME TO LUITON RESIDENCES……
 
The LUITON RESIDENCES is situated Corner Gallares & Grupo Streets in Tagbilaran City, Bohol.  With the Land Area of 2,623.20 sq.m. and it designed as Condotel & Residential Units – 5 floors (4th-8th) and the Commercial -2 floors (1st – 2nd). And with a total of 148 units.
 
LUITON RESIDENCES is the first condominium development in the province of Bohol. With fantastic unobstructed sea and mountain views 365 days a year. It is a project of BOHOL QUALITY CORPORATION, backed by over fifty years of experience in Retail and Realty Property Development and Management. A sister development of Bohol Quality Mall, Metro Centre Hotel & Convention Center, and Panglao Island Nature Resort & Spa.
 
BUILDING AND RESIDENTIAL UNIT FEATURES AND FACILITIES:
* Natural Lighting
* LED lighting in the main lobby
* 2-Passenger and 1 Service Elevator
* Elevator Key Card access
* Fire detection and Alarm System
* 100% stand-by power generator
* 100% back-up-Residential Units
* 100% back-up Lobby and common areas
* Provision for Multi-point Water Heating System at shower and lavatory areas
**
***
The Project Amenities:
* 2 – level basement parking
* Grand Lobby and 24-hours front desk service
* Indoor Swimming Pool
* Fitness Gym
 
***
***
The Bedroom Units:
The Studio de Luxe Unit Layout;
(the condotel units are Fully-Furnished and Fully-Fitted)
STUDIO UNIT’S EN SUITE FURNISHINGS & AMENITIES:
* Two single size beds with mattress, pillow and beddings
* One bedside table
* One study desk with chair
* One two-setter sofa
* One side table
* One coffee table
* One cabinet
* One TV cabinet,
* 1 desk lamp,
* two table lamps and
* 1 pendant lamp
***
1 Bedroom unit layout
(residential units are Fully-Fitted)
***
2 Bedroom Unit Layout;
(residential unit)
***
3 Bedroom Unit Layout;
(residential unit)
 THE QUESTION & ANSWERE ABOUT LEASEBACK AGREEMENT:

Q: What is Leaseback Agreement?

Ans:  A Leaseback Agreement is a contract signed by the unit owner which signifies his interest to lease or enroll his unit to a hotel operator for a certain number of years from the start of hotel operations. During this period, this period the unit owner is entitled to use his unit in the hotel pool for a total of 30 days a year. The units in the pool will be operated as a hotel for the rest of the year, thereby generating revenues for the unit owner. The unit will be maintained by the hotel operator within the given period and turned over to the unit owners upon expiration of the leaseback contract. This agreement may be renewed depending on the decision of the majority of unit owners.

Q:  How long is my studio unit enrolled in the condotel program?

Ans:  Under this program, the condotel unit is enrolled for ten years for a realistic ROI.

The condotel unit owner has the option to convert his unit into residential at the end of ten years by withdrawing in writing from the condotel pool.

Q:  Is the studio unit l purchased ready for condotel operation?  

CONDOTEL CONCEPT:

A Condotel a luxury leisure development concept where one may own a condominium unit and enjoy it for thirty days a year and earn income from the same when it is operated as a hotel. This means that one can enjoy a vacation home without the usual concerns of maintenance and upkeep.

The 118 studio units will be Fully-Fitted, Fully-Furnished, and complete with amenities and services a kin to a hotel or a resorts.

All unit owners will be required to sign a LEASEBACK AGREEMENT to authorize OG Holdings to manage pool of units.

EXPERTISE IN HOTEL MANAGEMENT:

LUITON Residences will be run by OG Holdings, the same operator as Metro Center Hotel Centre and Panglao Island Nature Resort and Spa. OG holdings over 15 years of experience in hotel management.

 ALTERNATIVE INVESTMENT:

* The 118 studio units will be enrolled in the condotel program whereby owners have the opportunity to earn annual rental income, estimated at 20% of GROSS HOTEL REVENUE depending on occupancy, subject to VAT and other taxes.

* 4 to 7% rate of ROI versus 2 to 3% interest rate of Time Deposit.

PROJECTED RETURN ON INVESTMENT:

Your 3.2 million Investments give the following returns:

* 30 Days Free Occupancy (with an option to use, transfer or sell)

* Income from the 335 Days enrollment in Condotel Operations.

Ans:  Yes, provided that you have fully paid the fit-out fee of Php 350,000.00 to comply with hotel quality standards determined by the hotel operator. This can be paid in installment based on the given list of payment options.

Q:  What is included in the condotel fit-out package?

 Ans:  The fit-out package includes basic hotel finishes, furniture, appliances and linens that are required to make the unit ready for hotel operation.

Q:  Will there be a condominium/association dues while on leaseback? How about the residential units?

Ans: throughout the leaseback period, the unit owner will NOT have to pay any monthly association dues since these will be shouldered by the hotel operation, as part of their operating expenses. Depending on the size of the units, the condominium residences will have to contribute to the monthly association dues including the CUSA (Common Usage Service Areas, e.g. lobby, corridors, etc.)

Q:  When will the units be ready for turnover or hotel operations?

Ans:  LUITON Residences Condotel and Residential units are due to be completed and turned over in second quarter of 2015.

Q:  If my unit is not rented out as much as the other rooms do l gets a lesser return?

Ans:  How often one’s unit is used is not the determining factor for computing one’s earnings. The poll of rooms as a whole and the average occupancy rate of all these rooms shall be the basis of revenue sharing. Respect the terms of the leaseback agreement signed by the previous owner.

Q:  How can unit owners collect their payments if they reside abroad? which entity will make the payments?

Ans:  Annual rental income payments to foreign residents will be deposited in their bank account by the hotel operator.

*Share of rental earnings are given out 60 days after the end of each calendar year.

Q:  When do unit owners start enjoying their 30-day free use and rental earnings?

Ans:  Unit owners can start enjoying their 30-day free stay upon full payment of the unit price plus fit-out fee as soon as the hotel starts operations.

Q:  Can unit owners avail of their 30-day privilege during peak season?

Ans: Hotels normally charge peak season rates. To be fair to other owners who did not use their units during peak seasons, those who opt to use their units will have to pay for the peak season rates less the lower regular rates.

Q: Can a unit owner avail the 30-day free use for 30-days straight?

Ans:  Once room occupancy peaks, there maybe times that the unit owner cannot be accommodated in the same unit straight for 30-days.

This emphasizes the need for the unit owner to book his desired stay ahead of time.

Q:  What will happen if the 30-day usage benefit is not availed of during the year?

Ans:  The 30-day free use is non-cumulative. Unused number of days during the year shall be forfeited, but what the unit owner did not use during the period goes back to the pool to earn income for him.

Q:  Can the unit owner’s charges incurred during his free stay be charged against lease payments?

Ans:  The incidental charges he incurs during his free stay have to be treated just like what other hotel guests incur and should therefore, be settled upon check-out. This is done to simplify the computation of the annual settlement of unit owner’s share.

Q:  If the unit owner chooses to use his own unit more than 30 days, can he avail of special room rates? Hoe this affect his share in the rental income?

Ans:  He will be required to pay the special discounted rate. However, this will depend on the season and availability of his unit which why it is necessary for the unit owner to book at least three months ahead of arrival date. His payment will be included in the overall computation for the rental revenue share.

Q:  Can unit owners be allowed to review the audited financial statements?

Ans:  Unit owners will be furnished audited financial statements as soon as they are submitted to the Security Exchange Commission, as required by law.

 

Q:  Can unit owners avail of their 30-day privilege during peak season?

Ans: Hotels normally charge peak season rates. To be fair to other owners who did not use their units during peak seasons, those who opt to use their units will have to pay for the peak season rates less the lower regular rates.

Q: Can a unit owner avail the 30-day free use for 30-days straight?

Ans:  Once room occupancy peaks, there maybe times that the unit owner cannot be accommodated in the same unit straight for 30-days.

This emphasizes the need for the unit owner to book his desired stay ahead of time.

Q:  What will happen if the 30-day usage benefit is not availed of during the year?

Ans:  The 30-day free use is non-cumulative. Unused number of days during the year shall be forfeited, but what the unit owner did not use during the period goes back to the pool to earn income for him.

Q:  Can the unit owner’s charges incurred during his free stay be charged against lease payments?

Ans:  The incidental charges he incurs during his free stay have to be treated just like what other hotel guests incur and should therefore, be settled upon check-out. This is done to simplify the computation of the annual settlement of unit owner’s share.

Q:  If the unit owner chooses to use his own unit more than 30 days, can he avail of special room rates? Hoe this affect his share in the rental income?

Ans:  He will be required to pay the special discounted rate. However, this will depend on the season and availability of his unit which why it is necessary for the unit owner to book at least three months ahead of arrival date.

His payment will be included in the overall computation for the rental revenue share.

Q:  Can unit owners be allowed to review the audited financial statements?Ans:  Unit owners will be furnished audited financial statements as soon as they are submitted to the Security Exchange Commission, as required by law.

PAYMENT OPTION: 

Be a part of our most prestigious and luxurious first ever Condotel & Residential Condominium in Bohol. An Island Lifestyle, Urban Convenience…..

 Please Call:

FLOR  RANOLA

Mobile: +63 916 5904 985

Phone:   +(632)  871 6589

E-mail: dfrranola2012@yahoo.com

 

 

 

 

  

 

  


   

 

 

  

 

 

 
  
  
 
 
 
 
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HOUSE AND LOT FOR SALE

FOR SALE:    HOUSE AND LOT 
 
Description:
 
Property is Situated at Sunset Estate, Sunset Estate
Friendship Hi-way Angeles City, Near Clark Airbase, Pampanga, Philippines one of the most sought after Estates in the Area, many affluent and Influential people currently residing there. Secure Gated Community, Peaceful and Serene, Golf Courses nearby and SM Shopping Mall. Majority of Property Owners are from Overseas. 
THE FRONT VIEW OF THE HOUSE
 
The Lot ares is 1000 Square meter
House Area: 7,000 Sq. Ft (650 Sq. M) including the party viewing area above garage
Bedrooms: 7
Bathrooms: 8
Half Bathrooms: 2
7 Bedrooms (6 en-suite) including 2 Master He/She Bedrooms.Separate Office.Jaquzzi/Gym.Outstanding Games room with Stone Featured Bar, Pool Table, Darts and Karaoke.Entrance and Exit Gates to Residence.Swimming Pool.Stone Built Gazeebo.Terrace.Dining Room.Large and Small Kitchen.Laundry Room.Lounge/Living Room.Outside Upper Party.Viewing Area with Bar and Bathroom.Outstanding 2m Modern Light Feature on Stairway Ceiling.Fully Tiled Driveway and complete Surround of Residence.Landscaped Gardens and Lawns.2 Beautiful Dog Pens.3 Car Parking + Room for 6 on Driveway.Childrens Play Area.Infrared CCTV System.Intercom and Burglar Alarm System.Hi Speed Internet Connection Available.Security Camera at Gate Entrance.180 Litre Solar Hot Water System Throughout the Whole Property

 
SELLING PRICE ……………Php35,000,000.00 Fully Furnished house
                                    and NEGOTIABLE….

 

 
 THE SIDE VIEW OF THE HOUSE
 
 THE ENTRANCE AND EXIT VIEW OF THE HOUSE
 
 THE MAIN ENTRANCE GATE
 
 THE LIVING AREA
 
 THE BILLIARD HALL AND THE BAR AREA
 
 THE BAR
 
 THE MASTERS BEDROOM (and 6 more bedrooms unit)
 
 
THE STAIRS-from ground floor going up to the second floor
 
 THE KITCHEN AREA
 
 SWIMMING POOL
 
Please visit: http://www.flickr.com/photos/76199688@N05/sets/72157629357599748/
 
I look froward of hearing from you soon.
 
Thank you.
 
 
FLOR  RANOLA
Mobile:  +63 916  5904 985
Phone:   (632)      871 6589
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HOUSE AND LOT FOR SALE

FOR SALE:    HOUSE AND LOT 
 
Description:
 
Property is Situated at Friendship Hi-way Angeles City, Near Clark Airbase, Pampanga, Philippines one of the most sought after Estates in the Area, many affluent and Influential people currently residing there. Secure Gated Community, Peaceful and Serene, Golf Courses nearby and SM Shopping Mall. Majority of Property Owners are from Overseas. 
THE FRONT VIEW OF THE HOUSE
 
The Lot ares is 1000 Square meter
House Area: 7,000 Sq. Ft (650 Sq. M) including the party viewing area above garage
Bedrooms: 7
Bathrooms: 8
Half Bathrooms: 2
7 Bedrooms (6 en-suite) including 2 Master He/She Bedrooms.Separate Office.Jaquzzi/Gym.Outstanding Games room with Stone Featured Bar, Pool Table, Darts and Karaoke.Entrance and Exit Gates to Residence.Swimming Pool.Stone Built Gazeebo.Terrace.Dining Room.Large and Small Kitchen.Laundry Room.Lounge/Living Room.Outside Upper Party.Viewing Area with Bar and Bathroom.Outstanding 2 Modern Light Feature on Stairway Ceiling. Fully tiled driveway and complete surround of residence, Landscaped gardens and lawns,
2 Beautiful Dog Pens, 3 Car Parking + Room for 6 on driveway, childrens play area, Infrared CCTV System, Intercom and Burglar Alarm System, Hi Speed Internet Connection Available,  Camera at Gate Entrance, And 180 Liter Solar Hot Water System Throughout the Whole Property.

 
SELLING PRICE ……………Php25,000,000.00   Fully Furnished house
                                                                          (But furniture is for negotiable)
 
 THE SIDE VIEW OF THE HOUSE
 
 THE ENTRANCE AND EXIT VIEW OF THE HOUSE
 
 THE MAIN ENTRANCE GATE
 
 THE LIVING AREA
 
 THE BILLIARD HALL AND THE BAR AREA
 
 THE BAR
 
 THE MASTERS BEDROOM (and 6 more bedrooms unit)
 
 
THE STAIRS-from ground floor going up to the second floor
 
 THE KITCHEN AREA
 
 SWIMMING POOL
 
Please visit: http://www.flickr.com/photos/76199688@N05/sets/72157629357599748/
 
I look froward of hearing from you soon.
 
Thank you.
 
 
FLOR  RANOLA
Mobile:  +63 916  5904 985
Phone:   (632)      871 6589
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THE LUITON RESIDENCES

***
***
WELCOME TO LUITON RESIDENCES……
THE LUITON RESIDENCES is situated Corner Gallares & Grupo Streets in Tagbilaran City, Bohol.  With the Land Area of 2,623.20 sq.m. and it designed as Condotel & Residential Units – 5 floors (4th-8th) and the Commercial -2 floors (1st – 2nd). And with a total of 148 units.
LUITON RESIDENCES is the first condominium development in the province of Bohol. With fantastic unobstructed sea and mountain views 365 days a year. It is a project of BOHOL QUALITY CORPORATION, backed by over fifty years of experience in Retail and Realty Property Development and Management. A sister development of Bohol Quality Mall, Metro Centre Hotel & Convention Center, and Panglao Island Nature Resort & Spa.
BUILDING AND RESIDENTIAL UNIT FEATURES AND FACILITIES:
* Natural Lighting
* LED lighting in the main lobby
* 2-Passenger and 1 Service Elevator
* Elevator Key Card access
* Fire detection and Alarm System
* 100% stand-by power generator
* 100% back-up-Residential Units
* 100% back-up Lobby and common areas
* Provision for Multi-point Water Heating System at shower and lavatory areas
**
***
The Project Amenities:
* 2 – level basement parking
* Grand Lobby and 24-hours front desk service
* Indoor Swimming Pool
* Fitness Gym
***
***
The Bedroom Units:
The Studio de Luxe Unit Layout;
(the condotel units are Fully-Furnished and Fully-Fitted)
STUDIO UNIT’S EN SUITE FURNISHINGS & AMENITIES:
* Two single size beds with mattress, pillow and beddings
* One bedside table
* One study desk with chair
* One two-setter sofa
* One side table
* One coffee table
* One cabinet
* One TV cabinet,
* 1 desk lamp,
* two table lamps and
* 1pendant lamp
***
1 Bedroom unit layout
(residential units are Fully-Fitted)
***
2 Bedroom Unit Layout;
(residential unit)
***
3 Bedroom Unit Layout;
(residential unit)
THE CONDOTEL CONCEPT:
A Condotelis a luxury leisure development concept where one may own acondominium unit and enjoy it for thirty days a year and eran income from the same when it is operated as a hotel. this means that one can enjoy a vacation home without the usual concerns of maintenance and upkeep.
The 118 studio units will be Fully-Fitted, Fully-Furnished, and complete with amenities and services a kin to a hotel or a resosrt.
All unit owners will be required to sign a LEASEBACK AGREEMENT to authorize OG Holdings to manage pool of units.
EXPERTISE IN HOTEL MANGEMENT:
LUITON Residences will be run by OG Holdings, the same operator as Metro Center Hotel Centre and Panglao island Nature Resort and Spa. OG holdongs –Over 15 years of experience in hotel management.
ALTERNATIVE INVESTMENT:
* The 118 studio units will be enrolled in the condotel program whereby owners have the opportunity to earn annual rental income, estimated at 20% of GROSS HOTEL REVENUE depending on occupancy, subject to VAT and other taxes.
* 4 to 7% rate of ROI versus 2 to 3% interest rate of Time Deposit.
PROJECTED RETURN ON INVESTMENT:
Your 3.2 million Investment gives the following returns:
* 30 Days Free Occupancy (with an option to use, transfer or sell)
* Income from the 335 Days enrollment in Condotel Operations.
THE QUESTION & ANSWERE ABOUT LEASEBACK AGREEMENT:
Q: What is Leaseback Agreement?
Ans:  A Leaseback Agreement is a contract signed by the unit owner which signifies his interest to lease or enroll his unit to a hotel operator for a certain number of years from the start of hotel operations. During this period, this period the unit owner is intitled to use his unit in the hotel pool for a total of 30 days a year. The units in the pool will be operated as a hotel for the rest of the year, thereby generating revenues for the unit owner. The unit will be maintained by the hotel operator within the given  period and turned over to the unit owners upon expiration of the leasedback contract. This agreement may be renewed depending on the decision of the majority of unit owners.
 
Q:  How long is my studio unit enrolled in the condotel program?
Ans:  Under this program, the condotel unit is enrolled for ten years for a realistic ROI.
The condotel unit owner has the option to convert his unit into residential at the end of ten years by withdrawing in writing from the condotel pool.
 
Q:  Is the studio unit l purchased ready for condotel operation?
Ans:  Yes, provided that you have fully paid the fit-out fee of Php 350,000. to comply with hotel quality standards determined by the hotel operator. this can be paid in installment based on the given list of payment options.
 
Q:  What is included in the condotel fit-out package?
Ans:  The fit-out package includes basic hotel finishes, furniture, appliances and linens that are required to make the unit ready for hotel opration.
Q:  Will there be a condominium/association dues while on leaseback? How about the residential units?
Ans:  Throughout the leaseback period, the unit owner will NOT have to pay any monthly association dues since these will be shouldered by the hotel operation, as part of their operating expenses. Depending on the size of the units, the condominium residences will have to contribute to the monthly association dues including the CUSA (Common Usage Service Areas, e.g. lobby, corridors, etc.)
Q:  When will the units be ready for turnover or hotel operations?
Ans:  LUITON Residences Condotel and Residential units are due to be completed and turned over in second quarter of 2015.
Q:  If my unit is not rented out as much as the other rooms, do l get a lesser return?
Ans:  How often one’s unit is used is not the determining factor for computing one’s earnings. The poll of rooms as a whole and the average occupancy rate of all these rooms shall be the basis of revenue sharing.
Example:
            Projected Annual Return = Annual Gross Sales (3,500. x 335 days x 60% occupancy rate) x 20% investor’s share.
Q:  Can the unit owner sell or transfer his/her unit anytime during the leaseback period?
Ans:  Yes, However, the transferee or new owner will be bound to honor and respect the terms of the leaseback agreement signed by the previous owner.
Q:  How can unit owners collect their payments if they reside abroad? Which
entity will make the payments?
Ans:  Annual rental income payments to foreign residents will be deposited in their bank account by the hotel operator.
       *Share of rental earnings are given out 60 days after the end of each calendar year.
Q:  When do unit owners start enjoying their 30-day free use and rental earnings.
Ans:  Unit owners can start enjoying their 30-day free stay upon full payment of the unit price plus fit-out fee as soon as the hotel starts operations.
Q:  Can unit owners avail of their 30-day privilege during peak season?
Ans: Hotels normally charge peak season rates. To be fair to other owners who did not use their units during peak seasons,those who opt to use their units will have to pay for the peak season rates less the lower regular rates.
Q: Can a unit owner avail the 30-day free use for 30-days straight?
Ans:  Once room occupancy peaks, there maybe times that the unit owner cannot be accommodated
in the same unit straight for 30-days.
This emphasizes the need for the unit owner to book his desired stay ahead of time.
Q:  What will happen if the 30-day usage benefit is not availed of during the year?
Ans:  The 30-day free use is non-cumulative. Unused number of days during the year shall be forfeited, but what the unit owner did not use during the period goes back to the pool to earn income for him.
Q:  Can the unit owner’s charges incurred during his free stay be charged against lease payments?
Ans:  The incidental charges he incurs during his free stay have to be treated just like what other hotel guests incur and should therefore, be settled upon check-out. This is done to simplify the computation of the annual settlement of unit owner’s share.
Q:  If the unit owner chooses to use his own unit more than 30 days, can he avail of special room rates? Hoe this affect his share in the rental income?
Ans:  He will be required to pay the special discounted rate. However, this will depend on the season and availability of his unit which why it is necessary for the unit owner to book at least three months ahead of arrival date.
His payment will be included in the overall computation for the rental revenue share.
Q:  Can unit owner’s be allowed to review the audited financial statements?
Ans:  Unit owners will be furnished audited financial statements as soon as they are submitted to the Security Exchange Commission, as required by law.
PAYMENT OPTION:
Be a part of our most pretigious and luxurious first ever Condotel & Residential Condominium in Bohol. An Island Lifestyle, Urban Convenience…..
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FLOR RANOLA
Mobile: +63 916 5904 985
Phone:   +(632)  871 6589
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