This program steers away the traditional leasing options as we offer value added services
to our guest and tenants.
With this approach, property owners can expect more revenue as we cater to a market that is in need of special services and flexible leasing options.
Riviera Villas will be handled and operated by Fuego Hotels.
House & Lot purchase comes with one (1) Riviera Sports & Country Club membership.
Special Services for guest/ tenants:
- Maintenance Guest relations
- Food service
Property Owner Benefits
Once enrolled in Hotel Serviced Residence, property owners will avail of the following benefits:
Leasing Services – One of the most attractive feature is that property management will be the one to look for tenants/guests so property owners will be relieved from the worries od looking and dealing with guests.
Guest Relations – Collections special requests and other concerns will be handled by an in-house guest relations staff. This feature takes away the burden from the property owner in dealing with guest’s concerns.
Guaranteed Maintenance – The management will handle all major and minor repairs for the property. It will be professionally maintained on a daily basis.
Steady Flow Rental Income – Management pools together the total income of the entire program on a monthly basis and equally apportion to all enrolled properties depending on the property size. Thus, assuring a steady monthly income whether the properties are booked or not.
Complimentary Stay – Owners may occupy their units anytime, giving 6 months notice prior to arrival. A maximum of 30 days of usage per year is allowed.
|House and Lot Price||Php 6,469,430|
|Fit-out Package||Php 1,906,500|
|Total Contract Price||Php 8,375,930|
|30% SPOT DOWNPAYMENT||Php 1,940,829|
|Less Reservation Fee||Php 100,000|
|Net 30% SPOT DOWNPAYMENT||Php 1,840,829|
|70% Balance Payment||Php 4,528,601|
|5 YEARS TERM||Php 89,138.54|
|10 YEARS TERM||Php 56,148.17|
|5 YEARS TERM||Php 46,608.01|
|Payable in 18 Months||Php 251,588.94|
|INTERIOR DESIGN & PROPERTY MANAGEMENT ENROLLMENT||Php 1,906,500|
|PAYABLE IN 6 MONTHS||Php 317,750|