Listing ID # 30702
Property Code: D-MTE345
Location: D Circle Hotel, MH Del Pilar Street, Malate, Manila
Property Type: Hotel Building (5 ½-storey)
Lot Area: 660 sqm
Price: ₱300,000,000
Property Highlights:
Existing Structure: A 5 ½-storey hotel building with 60 rooms.
Condition: Approximately 30-year-old building, currently not operational.
Potential: Ideal for renovation, complete redevelopment, or re-launching as an income-generating hotel.
Prime Location: Centrally located on MH Del Pilar Street, a well-known area in Malate, offering high accessibility and visibility.
Perfect For:
Investors: Looking to capitalize on renovating or redeveloping a hotel property in the bustling Malate district of Manila.
Hospitality Operators: Seeking a centrally located hotel with significant potential for high returns after modernization.
Developers: Interested in high-return commercial real estate projects, particularly in the hotel sector.