• single story
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$55,000 USD
- as slow as
Banilad, Cebu City
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Address: Archbishop Reyes, Banilad, Cebu City Type: Condominium Style: Multiplex "25-storey condotel & residences" Development Level: Under Construction Bathrooms: 1 Garage: n/a "car port available" Size: 24 sq. m.
Description
Grand Cenia Hotel and Residences is a 25-storey hotel and residential tower that will rise along Archbishop Reyes, corner Solon Street, Banilad, Cebu City. It will be situated on a 4,211-sqm property strategically located within the Cebu Central Business District.
Grand Cenia Hotel and Residences was conceptualized in response to the flourishing hotel industry in Cebu. From year 2006 performance alone, all the major hotels (three star class and up) in Cebu experienced a very high, year-round occupancy rate. Conventions, both national and international, are being held in Cebu regularly. Together with the increasing tourism patronage from locals, OFWs, and foreigners, there will be a big shortage of supply for the hotel industry in Cebu as it plays catch up to address the growing demand for hotel rooms in the next 3 to 5 years.
True to the essence of its name, Grand Cenia seeks to attract people who have gone places and are going places. The condotel product mostly hopes to attract the market segment that have needs for temporary living spaces whenever they visit Cebu, whether for business or pleasure, and an investment tool that earns for them when not in use. The residential condominium products mostly hopes to attract the end-user market segment who may have longer term living space requirements, whether they have chosen to make Cebu their home or they need to set up base in the economic and academic hub that is Cebu.
Whether for investment or retirement living, Grand Cenia is the best choice.
Condotel Unit – studio type, 7th floor to 18th floor, Price range: Php2.3M to Php4.3M
Residential Unit – 1-bedroom, 2-bedroom & 3-bedroom, 19th floor to 25th floor, Price range: Php5.8M to Php12.2M
Property information