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Come Home to Success at Ultima Residences Ramos Towers. The developers, Fuente Triangle Realty Development Corporation is introducing the second installment to luxurious city living to young urban professionals or single individuals located at Ramos Avenue. Ultima Residences Ramos Tower is a wise investment to embody ones success story. It’s a lifestyle within the city central, within walking distance to all major commercial, business and entertainment district of Cebu. It’s a lifestyle so exciting, so complete you can’t ask for more. The LEASE-BACK PROGRAM:
- The leaseback program is a condominium-hotel project offered for purchase and to be owned by individual owners who have the option of renting it out as a hotel suite when not in use.
- Owners of the unit may produce rental revenues, making the ownership of a unit in income-generating investment for them.
- It will be managed by an experienced and established hotel management operator.
- Unit owners may use their condotel units for THIRTY (30) DAYS A YEAR. Unit owners who exceed their 30 days use will have to pay 70% of the regular rental rates. However, your payment will be included in the computation for rental revenue share and will be deducted on your monthly rental income.
- Upon turnover of URRT condotel unit, the unit owner may immediately lease-back their unit to the condotel operator. The minimum period you can have your unit enrolled in rental pooling is Ten (10) Years.
Why invest?
Probable Income
| Condotel Unit Types | | |
(Please click on images to enlarge photos) - Other condominiums grow in value over time but only the property value. The Ramos Tower condotel grows in value faster than other condominiums because as a unit owner, you are also a member of Club Ultima which entitles you room nights every year which you can use at any Crown Regency Hotel or at more than 2,000 hotel & resorts in the world affiliated with Interval International You can also use of your own unit whenever you desire and while you are not using it, your condominium unit earns for you. Ramos Tower property not only grows in value but also changed your lifestyle!
- When you own a unit in Ramos Tower, you possess ownership of a prime and actively earning piece of real estate investment whose ownership is evidenced by a CONDOMINIUM CERTIFICATE OF TITLE (CCT).
- Percentage sharing of 50% for the unit owners and 50% for the hotel / condotel operator.
- Unit owners will receive monthly income based on the type of unit regardless of whether the unit was leased or not. This is because RAMOS TOWER will pool together its entire total income from rental operations and distribute this to unit owners according to the percentage sharing based on gross income.
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| Features: - Close Circuit TV
- Automatic Generator Set
- Automatic Sprinkler System
- Internet Connection
- Video Intercom
- High-Speed elevators
- Multi-level basement parking
| Specification: - 400 condominium units
- 28 – 66 sq. meter area
- Units available w/ balcony
- priority buyers are Club Ultima
members & future members | Prime Location: - Located near Velez college of medicine
& hospital & University of San Carlos. - Two blocks away from CLUB ULTIMA.
- Close proximity to entertainment, schools business districts in the city, right in the
center of metro Cebu.
- A few meters away from shopping center
like Robinson's Place. - Ramos st. corner Villanueva & Junquera
extension.
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Membership in Club Ultima is a requirement for ownership of a Ramos Tower Unit. Membership at Club Ultima gives you access to all the amenities & features of the Club. It also entitles you discounts & privileges in Crown Regency Hotels. Take part in the Interval International timesharing program and choose from many destinations in the world. A rare opportunity awaits you and your family. The Ramos Tower offers two alternatives for its buyers. The clients may live in the condominium unit or enroll it in the Lease-Back Program.
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Total Area (Sq.M.)
| Price Starts At:
| | 32.6 | 1,866,690
| | 32 | 1,780,800
| | 53.3 | 3,092,882
| | 45.2 | 2,588,026
| | 66.3 | 3,844,346
| | 26.83 | 1,493,090
| | 23 | 1,279,950
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- A fee of Fifteen Thousand Pesos(P15,000) per sq.m. is required to be paid by the unit owners upon enrollment to rental pooling to completely furnished the unit with furniture, fixtures and other regular hotel amenities.
- A one-time joining fee of Thirty Thousand Pesos (P30,000) is required to cover contribution for housekeeping, maintenance, uniforms, linens, etc...
*** Prices Subject to Change Without Prior Notice |
Property Owner: J. King & Sons Co., Inc Developer & Marketing: Fuente Triangle Realty Development, Corp., The sales and marketing behind the rising Ultima Residences Towers in Metro Cebu | Condotel Management: Crown Regency Hotel Group, an experienced & established hotel chain owned by J. King & Sons Co., Inc. • Club Ultima, Fuente Towers, Cebu • Crown Regency Suites in Mactan, Cebu • Crown Regency Residences in Guadalupe, Cebu • Crown Regency Residences in Davao • Crown Regency Hotel & Towers in Fuente Osmena, Cebu • Crown Regency Hotel in Makati (Sept 2007) • Crown Regency Resort Hotel Station 3, Boracay Island ( June 2008) |
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| Street, Nr. | Ramos St. , | | Zip Code | | | Barangay | Fuente Osmena | | City | Cebu City | | Area | Central Cebu | | Country | Philippines | |
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