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Vitale Suites
Hernan Cortes, Mandaue |
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Vitale Suites,
a 22-storey tower located in Corner F. Cabahug St., Hernan Cortes,
Mandaue City, Cebu, and will be operated and managed by the World’s
largest Services Residence Owner-Operator, The Ascott Limited. The
Ascott Limited is a Singapore-owned company that has grown to be one of
the leading International Lodging Owner-operators.
Vitale Suites has 233 Units Residential Suites
and 150 Units Serviced Suites. |
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VICINITY MAP |
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BUILDING COMPOSITION |
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WELLNESS CENTERED LIVING |
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Vitale is a Latin term which means
life giving. The development lives up to its name with a “live, work and
play well” concept defined through its residential, recreational and
retail mix that puts well being at the center of its dynamic, stylish
and wellness-driven design |
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RESIDENTIAL AMENITIES |
ACTIVE ZONE
Swimming Pool
Rock Climbing Wall
Jogging Path
Outdoor Fitness Area
Indoor Gym
Kiddie Play Area
Bicycle Parking
Golf Bag Lockers
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LEISURE ZONE
Viewing Deck
Organic Herb Garden
Residence Lounge
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WELLNESS-CENTERED RETAIL
MIX
Eye Centre | Health Food Store |
Restaurant | Sports Rehab Clinic |
BERDE REGISTERED
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HERB
GARDEN
to promote a vibrant biodiversity
RAINWATER MANAGEMENT
to collect and to store rainwater as an alternative
source for watering the plants & cleaning
BICYCLE PARKING SLOTS
to promote convenient and healthier means of
transportation |
OPTIMIZED NATURAL
DAYLIGHT
to appreciate the views of nature while getting
the much-needed natural lighting & ventilation
OUTDOOR FITNESS AREA & JOGGING PATH
A better alternative to working out indoors
because residents get a healthy dose of Vit D.
ACCESSIBLE FEATURES to provide comfort and
accessibility for mobility -challenged residents |
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EXCELLENT PROPERTY
MANAGEMENT & HOSPITALITY SERVICES |
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A world-class mixed use development with a
local touch, where both guests and residents enjoy the services of
Citadines Mandaue Cebu |
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LOW TO MEDIUM DENSITY
DEVELOPMENT |
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Number of units vary between 13 and 28
suites per floor, preventing a negative impact on health and social
sustainability. |
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PROJECT DETAILS |
172 Serviced Suites (to
be managed by Citadines)
164 Residential Suites (54 Premium Barrier-Free Units and 110
Typical Residential Units)
Property Type – Mixed used Condominium Project
Products – Serviced Suites & Residential Suites
No. of residential floors – 22 (24 floors)
Sizes of unit – 22 to 48 sqm
Unit types – SOHO, Studio, 1-Bedroom
Parking Level – lower & upper ground floors
TARGET TURN OVER: Q4 2026
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UNIT TYPE SIZES |
Cetadines Serviced
Suites
Barrier-Free Suite
Residential Suite
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Barrier Free Units – 33.00 to 48 sqm |
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Special Features
(Utmost Convenient for less-abled family members)
Wide Panel Entrance Doors and Bathroom (Wheel Chair
Accessible)
Spacious Rooms
American-size studio
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STANDARD STUDIO
RESIDENTIAL SUITES |
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SAMPLE COMPUTATION |
Unit Price: 3,703,700.00
3% Discount: 111,111.00
Total Contract Price: 4,311,106.80 (with
12% VAT & Misc Fees)
Reservation Fee: 25,000
Spot 20% Equity: 837,221
5% Equity in 47 months @ 4,586.28 per month
75% Balance thru Spotcash or Bank Financing (3,233,330)
15 years: 27,284 per month
10 years: 35,897 per month
5 years: 62,509 per month |
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1 BEDROOM - EXECUTIVE A |
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Unit Price: 6,794,700.00
3% Discount: 203,841.00
Total Contract Price: 7,909,730.80 (with
12% VAT & Misc Fees)
Reservation Fee: 25,000
Spot 20% Equity: 1,556,806
5% Equity in 47 months @ 8,413.86 per month
75% Balance thru Spotcash or Bank Financing (3,233,330)
15 years: 50,055 per month
10 years: 65,854 per month
5 years: 114,677 per month |
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SERVICED SUITE (Floor
Area: 28.85 sq.m) |
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NOTE: Services Suite (CONDOTEL) is a pure
investment product. It comes fully furnished and units invested are
automatically enrolled as part of the Apart-Hotel units of
Citadines-Mandaue. However, each unit owner is given the privilege of a
five days free stay per year. |
Unit Price: 7,612,600.00
Discount: 250,000.00
Total Contract Price: 11,041,081.52
Set-Up Fees: 366,815.48
Misc Fees: 711,617.74
Reservation Fee: 100,000
Spot 20% Equity: 2,108,216
20% Equity in 47 months @ 46,983.33 per month
60% Balance thru Spotcash or Bank Financing (3,233,330)
15 years: 55,902 per month
10 years: 73,547 per month
5 years: 128,073 per month |
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Serviced Residence Advantage: |
A hybrid between hotels and apartments
Less intensive staffing requirements
Lower marketing & maintenance costs
Lower Seasonality
Higher Operating Profit |
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Untitled Document
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Contact:
Roy Sunpayco
Email:
