FOR SALE: 12-Storey Condotel Building – Pelaez Extension, Cebu City (Prime Development Opportunity!)

Property Code: D-CEB385

  • Location: Pelaez Extension, Cebu City

    • Strategic Proximity: Across University of San Carlos, Near BSP Gate 4.

  • Property Type: 12-storey Condotel Building (Unfinished / Bare Shell)

  • Lot Area: 163 sqm

  • Price: ₱50,000,000

Building Features:

  • Structure: 12-storey, unfinished / bare shell.

  • Unit Potential: Designed for 5–6 units per floor.

  • Amenities: Elevator installed.

  • Parking: Basement parking for 7 cars, plus 3 front car parks.

  • Commercial Potential: Ground floor designed with 3 commercial units.

  • Access: Inner street access for enhanced privacy and security.

Property Highlights:

  • Strategic Location: Near major universities and commercial hubs, ensuring high demand.

  • Accessibility: Good accessibility with nearby roads and transport networks.

  • Development Potential: Ideal for completion as a condotel, rental apartments, or a mixed-use development.

Perfect For:

  • Developers: Looking to finish construction and operate a high-yield condotel or apartment complex.

  • Investors: Seeking significant rental income opportunities in a vibrant urban center.

  • Urban Real Estate Entrepreneurs: Desiring a high-potential project in a rapidly growing city.

FOR INQUIRIES PLEASE CONTACT

Ric Inting, Broker-CIPS

REC, REA, REB, CIPS, GRI, EnP, ePro

Inquiry form


FOR INQUIRIES PLEASE CONTACT

Ric Inting, Broker-CIPS

REC, REA, REB, CIPS, GRI, EnP, ePro View all listings