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Twin Tides Presentation

Twin Tides Presentation. MyHometel Background. www.sampaguitasuites.com. www.mangoparkhotel.com.ph.

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Twin Tides Presentation

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  1. Twin Tides Presentation

  2. MyHometel Background www.sampaguitasuites.com www.mangoparkhotel.com.ph Established in 2008, myHometel, Inc. started with the development and management of a 60 room budget hotel in uptown Cebu. Currently, it manages three hotels in Cebu uptown and downtown, with total rooms of 167. It is also managing two hotels in Coron, Palawan. It is developing a 70-room resort in Panglao, Bohol and a 57 room city hotel, in partnership with Intervest Projects, Inc., in Puerto Princesa, Palawan. www.coronecolodge.com www.coroncasa.com To be launched in April 2014

  3. Alona Beach, Panglao Bohol

  4. Location

  5. Getting to Panglao • From Manila • The quickest way is still the 50-minute flight from Manila to Cebu. Some of these airlines are Cebu Pacific, Air Asia, Tiger Air, and PAL. • From Cebu • Taking the fast boat to Tagbilaran City is an hour and a half trip, while the regular boat takes 4 hours.

  6. Tours in Panglao

  7. Twin Tides Panglao • Project Facts • Phase 1: 23 units, each unit is 20.50 sqms • GFA: 733 sqms (2 storeys), Saleable is 67% or 492 sqms • Phase 1: 23 Units • Phase 2: 42 units (To start in 2016) • Phase 3: 56 units (To start in 2018 – depending on performance of Ph 1 &2) • Amenities • Swimming Pool • Restaurant

  8. Twin Tides Panglao • Site works started in April 8, 2014; • Target Milestones for Construction of Phase 1: • Complete foundation in June 2014; • Complete structure in Dec 2014; • Commencement of fit-out in Mar 2015; • Target soft opening in Apr 2015;

  9. Sale Term Sheet • Sales Term Sheet for Twin Tides • Commercial Benefits • 6% (of Selling Price) p.a. Guaranteed Yield for 5 years or about Php120,000.00 annually, beginning on 7th month from official start of operation;. • OR 35% Share of Net Sales (Net of sales discounts and travel agent commissions and VAT on Room Sales only), whichever is higher; • Twelve (12) days of free use annually • No Association Dues • With Condominium Certificate of Title

  10. Sales & Unit Share Projections

  11. Unit Package • Bed Frames • Bed Cushion • FLAT LED Television • Personal Safety Deposit Box • Multi-point Hot & Cold Shower • Window Type Air-conditioner • PABX Telephone System • WIFI System • Wall Décor • Luggage Rack • Cabinet • Dresser • Room Mirror • Toilet and Bath Mirror • Room Table • Side Table Note: Developer has right to make adjustments to the list as it sees fit. Linens (including towels, bathrobes, and pillows) and consumables (e.g. toiletries) are for the account of the Hotel Operator.

  12. Building 1 Floor Plan A107 A106 A109 A108 A110 A102 A101 A104 A103 A105 GROUND FLOOR PLAN

  13. Building 1 Floor Plan A209 A207 A211 A210 A208 A213 A212 A202 A201 A204 A203 A206 A205 SECOND FLOOR PLAN

  14. Documents to be Signed • Investment Agreement • Contract to Sell • Master Deed • Property Care Agreement

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