Looks like you missed it! This property has been deactivated

Building For Sale in Tagaytay, Cavite Inactive

Tagaytay Hotel - Rush Sale !!

Year Built: 2010 Annual Gross Sales: 14-16M Titled and Unencumbered Number of Rooms: 24 Lot Area: 2000 sqm. Floor Area: 1500 sqm.RUSH SALE !!!3 STAR HOTEL in Tagaytay City -  Multifunction hall (100 sqm.) -  Parking lot for 20+ cars -  Single detached bungalow house (100 sqm.) -  Garden for events (500sqm) Php 130,000,000

Similar Properties

About this Business for sale in TagaytayHotel/Inn with a Breathtaking View of Taal Lake The Hotel-Inn was established in 1989. It has a breathtaking view of the famous Taal Lake. Inns have 22 rooms and conveniently located along a highway accessible to establishment such as supermarkets, restaurants and local shops. Enjoy the cool weather like Baguio at the center of Tagaytay. Great for staycation for couples, families and friends.The front, facing the road is used as parking slots for guests. The back has the spectacular view of the famous Taal Lake. There is no lobby as in modern inns; but the innkeeper answers the door for each visitor.The Inn has a total lot area of 1,331 sq.m. It was being leased for ?150,000.00/month which can be terminated once an interested buyer steps up.For future plans, the buyers and/or investors have an option to build a low-rise or high rise Hotel on the premises to generate more income.Previously, the hotel-inn has a monthly income of ?700,000.00 up to ?1,000,000.00Profits will enable investor to recoup the capital investment in approximately 12 years based on room revenues or marketing strategies. However, real estate will continue to appreciate, and therefore the property value is likely to increase over time making the purchase a very sound investment.Direct Buyer Only Please!For Inquiries:Jayson Manaol
View More Listing