DS882522- Ermita, Manila | 5-Storey Hotel with Commercial Space for Sale | Prime Income-Generating Property

Code: DS882522
Category: For Sale
Project: Hotel/Commercial Building
City: Ermita, Manila
Unit: 54 Rooms
Size: 534 sqm
Selling Price: From Php 300,000,000.00 Down to Php 220,000,000.00 NET

Details of the Property:
• 5-Storey building
• 7 Commercial units
• 54 Rooms
• Property orientation: West
• Good location for hotel business
• Currently being used by shipping companies for quarantine of their seamen employees from abroad.
• Subleased, guaranteed net income to owner is 550k per month.
• Very near US Embassy, Philippine General Hospital, Robinsons Manila etc.
• Clean Title
• Fully furnished

Ermita is a district in Manila, Philippines. Located at the central part of the city, the district is a significant center of finance, education, culture, and commerce. Ermita serves as the civic center of the city, bearing the seat of city government and a large portion of the area’s employment, business, and entertainment activities.