(Affordable Condos For Sale in Panagdait, Mandaue City, Cebu City)

A 14-storey Condo Residential Hotel will soon rise in F. Cabahug St., Mandaue City. This is a moden mixed use condo project that includes a condotel for hotel operations and residential condos as well.
The residences of MYVAN Cityscape will be greeted by a Grand Hotel Lobby. The 2nd floor houses the MYVAN Corporate office¸ 3rd 9th floor is for the Condotel Units¸ and 10th 16th floor is the residential units. The roof deck includes swimming pool¸ function room, and viewing deck with 360 degree panoramic view to Cebu, Mandaue & Mactan Island.
An ideal destination to end your taxing day, MYVAN CITYSCAPE TOWER gives you the full comfort of luxurious yet practical living¸ with its bar and restaurant, coffee shop and many more located at its ground floor level. It surely is the welcoming atmosphere you crave after the long day at work. Just like any individual who experiences the daily demands of the city life¸ capping your day with a drink and a flavorful of aromatic dishes is a start of the daily relaxation you deserve. Before ending your day¸ make a beeline for the pool and let the warm water drain those tired muscles away. And after¸ take solace at your one or two-bedroom sanctuary where you can capture the nightlights from your big glass windows. A perfect place to make your every day end right
Location Map
This condo will soon rise in F. Cabahug St., Mandaue City. It is strategically located near Sykes Call Center, Paseo, Cartzone. It is only 5 to 10 minutes drive to SM City and Ayala Business Center and just minutes away from schools, medical centers, shopping malls, golf courses, hotels and much more.
Building Features
Entrance Lobby with reception/security counter
Passenger elevator
CCTV monitoring of selected common areas
Automatic heat/smoke detection and fire sprinkler system
Annunciator panel with emergency speaker at all floor
Water reservoir
Standby power generator for common areas
Building Administration Office
Fire Exits
Residential Unit Features
Individual Electric and water meter
Provision for cable TV and telephone lines per unt
Window type air-conditioner opening
Ventilation for kitchen and toilets
Automatic smoke detectors and Fire alarm with sprinkler system
Balcony / service area
Modular type unit (expandable from studio, 1br, 2br, 3br)
Amenities and Facilities
Parking Area * Lobby * Visitors Waiting Area * Water Features * 24 Hour security * Electric supplied by VECO * Water supplied by MCWD * Overhead Tank * Cistern Tank * Parking Area * Viewing Deck * Function Room * Roof Garden * Play Ground * Greenery
RENTAL POOL PROGRAM
Owners of the unit may produce rental revenues, making the ownership of a unit an income-generating investment.
It will be managed by a professional hotel management operator
No more association dues or maintenance fees
Enjoy 30 days free stay in the hotel for one year!
PROJECTED ANNUAL INCOME
Assumptions:
85% hotel occupancy rate, which is the average hotel occupancy rate of quality hotels in Cebu
Operating expenses including hotel management fees is estimated at 60% of the total revenues.
Based on the above assumptions, your projected annual income of a standard condotel unit will be P167,000! Thus, you will be able to recover your investment in less than 10 years and afterwards earn income from the hotel operations perpetually. The shared income will be distributed to the condotel owners at quarterly basis.
CONDO UNIT DETAILS
Standard Floor Area: 20.17 square meters
PRICE RANGES:
Condotel Units (3rd to 8th Floor) – P1,553,090
Residential Units (10th to 16th Floor) – P1,255,458
Reservation Fee: P20,000 to P40,000
Payment Terms Available for the Units:
1. Spot cash – 10% discount and pay only P1,397,781 for the condotel unit and P1,129,912 for the residential condo unit
2. Spot downpayment Scheme:
30% spot DP;70% bal. over 18 months @ 0% interest (with 2.5% discount on TCP)
50% spot DP ; 50% bal. Over 18 months @ 0% interest (with 3.5% discount on TCP)
Easy Installment Plan:
20% spot DP ; 80% bal. Thru bank/pag-ibig/in-house (with 3% discount on DP)
30% spot DP ; 70% bal. Thru bank/pag-ibig/in-house (with 4% discount on DP)
40% spot DP ; 60% bal. Thru bank/pag-ibig/in-house (with 5% discount on DP)
50% spot DP ; 50% bal. Thru bank/pag-ibig/in-house (with 6% discount on DP)
3. Deferred Payment
A. 100% spread over 18 mos. @ 0% interest with 2.0 % discount on TCP
B. 20% DP spread over 18 mos. @ 0% interest; 80% balance payable thru bank / pag-ibig /in-house financing
DOWNLOAD LATEST PRICELIST (click here)
BUILDING LAYOUT
1. Ground Floor Layout (click here)
2. Basement Parking Layout (click here)
3. Roof Deck Layout (click here)
4. Hotel Floors – 3rd floor to 6th floor – (click here)
5. Hotel Floors – 7th to 9th floor – (click here)
6. Residential Units – 10th floor to 16th floor – (click here)
HOTEL FLOOR PLANS
1. Standard Hotel Unit – 20.17 square meters (click here)
2. Corner Hotel Unit – 24.36 square meters (click here)
3. Junior Presidential Suite – 29.38 square meters (click here)
4. Presidential Suite – 33.45 square meters (click here)
RESIDENTIAL CONDO FLOOR PLANS
1. Standard Studio Unit – 20.17 square meters (click here)
2. Corner Studio Unit – 24.36 square meters (click here)
3. 1-Bedroom Condo Unit – 40.34 square meters (click here)
4. 2-Bedroom Condo Unit – 40.34 square meters (click here)
5. 3-Bedroom Condo Unit – 60.51 square meters (click here)









