Royal Residences Condominium, Baguio City

Location: Baguio City

Floor area: 132sqm/unit

Description: The very first of its kind in Baguio City. Royal Residences condominium is designed to be operated as a dormitory business. Imagine owning a dormitory without the hassle of operating it. A worry free investment because there will be a Unified Management and Control Operation Team to take care of the management for you.
The project is located along Rimando road, just a 5-minute walking distance to Saint Louis University and one ride away from other major universities such as University of Baguio, University of Cordillera, University of the Philippines, Pines City Colleges, BCU and many other institutions. There is also a 24-hour public transportation in the area.

Invest by buying a condominium unit which will form part of the pool of units for the dormitory. The condominium units will be rented out to students by a professional management team and you can just sit back and wait for your share of the profits.

Features and Amenities:
* Fully funished with Beds, mattress, tables, chairs, hot and cold showers, TV, Refrigerator, etc...
* 24-hour security, CCTV and electronic ID system 
* 24-hour water supply (deepwell) 
* Hot and cold shower
* Stand-by power supply
* 800m away from Saint Louis University
* Commercial areas
* restaurant
* internet cafe
* wifi access
* minimart
* laundry shop
* gym
* entertainment room
* basement parking

Project Details:

- 1st floor
* 2 units with an area of 132sqm/unit composed of 10 bedrooms, all with own T&B. Has a total of 24 beds or a capacity of 24 students.

- 2nd-5th floor
* 2 units per floor with an area of 162sqm/unit composed of 12 bedrooms with own T&B. Has a total of 30 beds or a capacity of 30 students.

- 6th floor with attic
* 2 units with an area of 324sqm/unit composed of 21 bedrooms, all with own T&B. Has a total of 60 beds or a capacity of 60 students.

* Average rate per student is P3,500/sqm
* Guaranteed income as there is a big demand for lodging for students.
* No other facility comes close to the amenities offered by Royal Residences.

Avail of pre-selling price:
* Prices are as follows (up to Feb. 28,2011 price):
* 1st floor units- 7,788,000
* 2nd-5th floor-9,588,000
* 6th floor with attic-18,144,000

Payment Terms:
- Reservation: P100,000- good for 1 month down payment 30%
- Balance can be financed through in- house cash with 2% discount

Launched last January 22,2011 and target completion on June 2011 before the 1st semester.

License to sell #22073
Certificate of Registration: 23338


Click here for online inquiry and details, or go to the Capital Homes Realty and Development Co. site for a view at more listings.