2 Bedroom Condo with Balcony & Parking in Cebu City | 116 Suarez

₱ 388,000 /sqm
116 Gorordo Ave., Cebu City,

Overview

  • Updated On:
  • June 2, 2024
  • 86.32 m2
  • 2 Bedrooms
  • 2 Bathrooms
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Description

Live in a vacation destination with 116 Suarez!

Nestled in the vibrant Queen City of the South, 116 Suarez offers an unmatched investment opportunity in Cebu’s thriving real estate market. This premium 29-story condominium development by Brittany Corporation is strategically located along Gorordo Avenue, near Cebu Business Park, prestigious educational institutions, and numerous lifestyle destinations.

Why Invest in 116 Suarez?

  • Booming Economy: Cebu is one of the wealthiest and fastest-growing cities in the Philippines. Its booming tourism industry, ongoing infrastructure projects, and burgeoning tech hub create immense economic prospects. This growth drives high demand for luxury residences, ensuring strong rental yields and capital appreciation for investors.
  • Luxury Living with Hotel-Like Amenities: 116 Suarez brings the luxury of a hotel to your home. With 237 fully furnished serviced apartments, residents enjoy expansive units, large windows, private balconies, and panoramic city views. Exclusive amenities include a wellness center, swimming pool, kids’ play area, entertainment room, co-working space, and concept cafes and restaurants.
  • Fully Furnished Units: All units come fully furnished with bespoke pieces, enhancing the living experience for long-term stays. Concierge services offer in-residence dining, professional housekeeping, laundry, and transportation, ensuring hassle-free living for residents and guests alike.

Revenue Sharing Scheme

  • 92% Unit Owner Share: Based on net proceeds
  • 8% Hotel Operator Fee
  • 90 Free Room Nights Annually: Subject to availability

Sample Projected Returns for a One-Bedroom Unit (49 sqm)

DetailsAmount
Total Contract Price (TCP)Php 20,693,160
Occupancy Rate95%
Published RatePhp 15,000 per night
Net Room RatePhp 10,500 per night (after VAT & breakfast)
Monthly RevenuePhp 299,250
Monthly Rental Income ProceedsPhp 74,813
Annual Rental IncomePhp 897,750

2 Bedroom w/ Balcony & Parking:

  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 86.32 sqm
  • Total Contract Price (TCP): PHP 33,508,050
  • Price per Square Meter: PHP 388,000 | USD 7,760
  • Estimated Monthly Payment: PHP 276,000 | USD 5,500

2 Bedroom w/ Parking:

  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 78.34 sqm
  • Total Contract Price (TCP): PHP 30,840,495
  • Price per Square Meter: PHP 393,570 | USD 7,870
  • Estimated Monthly Payment: PHP 254,000 | USD 5,080

Secure your dream home at 116 Suarez today! Limited luxurious units available. Act now to secure exclusive pre-selling prices and reserve your unit for as little as PHP 100,000.

Book a viewing or virtual tour now. Enjoy easy online payments and international remittance options.

Luxury 1 Bedroom Condo in Cebu City | 116 Suarez
Category: ,
Rooms: 1,
Bedrooms: 1,
Baths: 1,
Size: 38.86 m2
Property Id : 23985
Price: ₱ 388,000 /sqm
Property Size: 86.32 m2
Bedrooms: 2
Bathrooms: 2
Garages: 1
Available from: Q4 2026
Health and Wellness
Gym
Interior Details
Equipped Kitchen
Laundry
Media Room
Outdoor Details
Hot Bath
Pool
Utilities
Central Air
Electricity
Ventilation
Water
Other Features
Elevator
Smoke detectors
Washer and dryer
WiFi
Address: 116 Gorordo Ave., Cebu City
City:
State/County:
Country: Philippines
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Two-Bedroom Unit Plan
Two-Bedroom Unit Plan
Two-Bedroom w/ Balcony Unit Plan
Two-Bedroom w/ Balcony Unit Plan

Sarah Fernandez

Country Manager - International Sales
Member of: BSI - Premier

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Sarah Fernandez

Country Manager - International Sales

Contact Me

Schedule a showing?
Call +639354603403 WhatsApp
You can reply to private messages from "Inbox" page in your user account.
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