Income Generating Investment

Bayo Condotel and Suites is a hotel like condo that can be purchased as a residential unit or a vacation house to buyers whom would probably only occupy the units no more than one month. The BALIK BAYANS or other Filipinos living abroad are the best possible clients for this. They can use the unit for 30 days per year and for the remaining days or months as an investment real estate that can generate income through the condotel concept. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit. However, in a CONDOTEL, during the time they do not occupy their units, the hotel management is the one who maintains and clean the unit in exchange that they will use the unit as one of their hotel rooms. The owner of the unit will receive rental income on their property making it an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit with all services provided by day, week, or month.

Kim Chiu and Marian Rivera in One Company?

Kapuso star Marian Rivera has been the image of SM Development Corporation for their past and recent projects. She had done a wonderful job in boosting the sales of one of the emerging residential developer in the country.

Now SMDC is launching a new project called “MY PLACE” a low-cost condominium, the price ranges form P1.1 million and below per unit. My Place is located at South Triangle Quezon City near ABS-CBN thus choosing Kim Chiu the first Big Winner of Pinoy Big Brother Teen Edition and one of the most sought young actress of today as the new image model a good choice. The said condominium aims to target the young professionals of today or the so cold “yuppies” as their primary market mostly compose of call center agents and a like because of the price range of each units are within their reach.

June 16, 2010

Cflorendo