Property Description
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Just a short distance from the bustling cityscapes lies a haven of tranquility. Tuba, Benguet, with its cool mountain air, breathtaking vistas, and charming rural character, is quickly becoming a favorite destination for those seeking a rejuvenating escape. Moncello Crest, perfectly situated along Palispis Highway Sitio Bato, via Bontiway, Brgy. Poblacion Tuba, Benguet allows you to seamlessly immerse yourself in this idyllic setting.
A. KEY FEATURES
Unit Types and Pricing Moncello Crest offers a variety of unit types, catering to different needs and budgets:
Studio Units: This Unit offers a surprisingly spacious and functional living area, perfect for singles, couples, or young professionals. Enjoy a well-designed layout that maximizes space, featuring bed area, mini bar, living area, toilet & bath, and balcony. The unit is ideal for those who value efficiency and style.
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GROSS FLOOR AREA | STUDIO TYPE | LIST PRICE |
35 sq.m. | A, A.1, B, B.1, C, C.1 | 7,900,000 |
37 sq.m. | D, D.1 | 8,000,000 |
41.50 sq.m. | E, E.1 | 9,000,000 |
49 sq.m. | F, F.1 | 9,300,000 |
Why Invest in Moncello Crest?
- Individual Rental Pool Program
Under Moncello Crestβs individual rental pool program, property owners can leave their units under the management of a hotel operator to earn rental profits. The units will continue to be owned by its buyers, who in turn get 30% of rental revenues. Assuming a 35% occupancy rate for the property, unit owners at Moncello Crest may earn about P16,300 monthly from a 35-square meter sqm studio unit and about P42,700 for two-bedroom units according to projections.
- Guaranteed Return Of Investment (ROI)
DMCI Homes emphasizes the potential for income generation through their Individual Rental Pool Program, where unit owners receive 30% of the gross room revenue generated by all units in the rental pool. This program is professionally managed by DMCI-PDI Hotels, providing a hassle-free experience for investors.
However, the actual return on investment will depend on various factors, including:
- Occupancy Rates: The higher the occupancy rate, the more revenue is generated. Factors influencing occupancy include seasonality, tourism trends, and competition in the area.
- Rental Rates: DMCI Homes sets the rental rates, which are influenced by market demand and the unit’s size and amenities.
- Operating Costs: Managing a rental property involves ongoing expenses like maintenance, utilities, and property taxes, which impact profitability.
- Market Conditions: Economic factors, interest rates, and overall real estate market trends can influence property values and rental income.
- Complementary 30-day Stay at any DMCI Homes Leisure Residences Property
Property owners have the option to avail of the condotel rooms themselves under Leisure Plus, which is DMCI Homes Leisure Residencesβ program for complimentary room nights. Unit owners are entitled to stay at Moncello Crest for at least 30 nights a year, depending on the size of their investment and their choice of room. They can also use their complimentary stays at Solmera Coast in San Juan, Batangas as well as in other DMCI Homes Leisure properties in the future.
- Fully Furnished Units
- Income Generating Investment
Moncello Crest presents a compelling investment opportunity for those seeking passive income generation. Its strategic location, professional management, and well-structured rental pool program offer the potential for stable and secure returns. With its focus on eco-agri tourism and a tranquil setting, Moncello Crest caters to a growing segment of the travel market, further enhancing its investment appeal.
- Perpetual Ownership
Moncello Crest offers perpetual ownership to its unit buyers. This means that you will own your unit outright and can pass it down to your heirs. This is a significant advantage compared to other condotel projects that may only offer leasehold arrangements.
The benefits of perpetual ownership include:
- Long-Term Security: You have a guaranteed right to the property, unlike leasehold arrangements that expire after a certain period.
- Inheritance: You can pass the property down to your heirs, ensuring its value for future generations.
- Investment Potential: Perpetual ownership enhances the investment value of the property, as it offers a more secure and long-term ownership structure.
Advantages of Investing in Moncello Crest!
- Strategic Location: Moncello Crest’s proximity to Baguio City, a popular tourist destination, provides access to a steady stream of potential renters.
- Growing Tourism: The emerging Benguet district, where Moncello Crest is located, is poised for increased tourism in the coming years, potentially driving higher occupancy rates and rental income.
- Eco-Agri Tourism: Moncello Crest caters to the growing trend of eco-agri tourism, attracting visitors seeking sustainable and immersive experiences.
- Tranquil Setting: The low-density environment of Tuba provides a peaceful escape from the hustle and bustle of city life, appealing to those seeking a serene retreat.
- Modern Amenities: Moncello Crest boasts a range of amenities designed to enhance the living experience, attracting both investors and potential renters.
B. SAMPLE COMPUTATION
C- Blanca |
STUDIO (C.1) |
35.00 sqm |
List Price | 7,900,000.00 | |
RFO Date | Nov-2028 | |
Down payment | 15% | |
Number of Months to Pay | 48 mo/s | |
15% DP, 85% Bank Financing | ||
List Price | 7,900,000.00 | |
Special Discount | 0.0% | 0.00 |
Net | 7,900,000.00 | |
Regular Discount | 0.0% | 0.00 |
Net | 7,900,000.00 | |
Add’l Discount | 0.0% | 0.00 |
Total Contract Price | 7,900,000.00 | |
Closing Fee | 10.5% | 829,500.00 |
Total with Closing Fee | 8,729,500.00 | |
DOWNPAYMENT FOR 48 MONTHS | ||
Down payment | 15.0% | 1,185,000.00 |
Less: Reservation Fee | 20,000.00 | |
Net Down payment | 1,165,000.00 | |
Monthly DP | 48 mo/s | 24,270.83/mo |
BALANCE – BANK FINANCING | ||
Balance | 85.0% | 6,715,000.00 |
Closing Fee (CF) | 829,500.00 | |
Total Balance + CF | 7,544,500.00 | |
MONTHLY AMORTIZATION | ||
Years | Rate | Monthly |
10 | 7.0% | 87,598.04 |
15 | 7.0% | 67,812.10 |
20 | 7.0% | 58,492.43 |
This Studio Unit of Moncello Crest offers a surprisingly spacious and functional living area, perfect for singles, couples, or young professionals. Enjoy a well-designed layout that maximizes space, featuring bed area, mini bar, living area, toilet & bath, and balcony. The unit is ideal for those who value efficiency and style.
Price Starts at Php23,000 per month. Reserve your unit now for only Php20,000!