ladies bed spacer,semi resort,4 storey building with basement Valenzuela City Metro Manila Real Estate Philippines

Total Floor Area is 254.7 square meter

Four Story Building with Basement and Fully Tiles Rooftop.  You can have a clear view of the sea and the EPZA when you are at the rooftop.

Two Swimming Pools

Two Nipa Huts

A small fishpond good in raising karpa or similar species.

Children's Playground with various swings, slides, etc.

Fruit Bearing Trees like Makopa, Duhat, Chiko and other plants

Perimeter Fence higher than one story house.

An elevated and cemented driveway.

Asking Price is 5M Net so better sell the property at 6M.  1M will be the margin.  After deducting all expenses at the 1M margin, the rest will goes to the agent as commision.  The higher the amount we sell the property, the higher the amount the agent will get.  The whole building is already furnished and all appliances and equipment in maintaining the pools are included in the sales.  

Basement = 2 rooms and a small lobby (equivalent to another room) as storage room.  (A little improvement is required on the 1st room).

Ground Floor = A Videoke Room (income of videoke is good enough to pay the electric bill of the whole resort) and a common and subdivided bathrooms and comfort rooms.  

Second Floor = One Big Room for Ladies Bed Space that can accommodate 16 occupants and can generate an income of 11,200 pesos per month if the plan increase of monthly rental from 600 to 700 pesos take effect.  A second room that can generate an income of 2,400 per month.  Total possible income for the second floor = 13,600 pesos.

Third Floor = Another big room can be used as personal use for the owner or can easily be transformed into another room for bed spacing with a capacity of 12 occupants and can generate an income of 8,400 pesos per month.  A second room for rent @ 2,400 per month.  Total possible income for the third floor = 10,800 pesos.

Fourth Floor = Two Bedrooms @ 2,400 each.  Total income for the 4th floor = 4,800 pesos.  

Total Rental Income for the Building = 29,200 pesos.  At present, all rooms are occupied except the one at the third floor where we opt to use that for our personal use.  Masarap matulog sa kwartong yun.  Fresh Air, Di mainit o maalinsangan.

Another possible source of income is when the plan of making this mini resort open for public started where people will have an access to the pools by paying a little amount at the gate as entrance fee.  Though the resort is now generating additional source of income for private parties held at the resort where the client is renting the swimming pools, videoke room and nipa huts for their party (whether it is just a small get together party or a birthday party).