Business Overview

This is an exceptional opportunity to acquire a commercial building currently utilized for hotel operations and long-term residential apartments. The property is strategically located in Las Piñas, Parañaque, a prime area close to both the domestic and international airports, as well as a major medical center. This dual-use property offers a stable income stream with significant potential for increased profitability through targeted marketing and strategic conversion.

About the Building

• Lot Area: 265 sqm
• Floor Area: More than 700 sqm

The building is designed to cater to both short-term and long-term guests, offering flexibility in its operations. The spacious layout and modern amenities ensure a comfortable stay for all occupants.

Location

• Las Piñas, Parañaque: A highly accessible location near major transportation hubs and healthcare facilities.
• Proximity: Close to the domestic and international airports, making it ideal for travelers.
• Nearby Facilities: Adjacent to a major medical center, providing convenience for medical tourists and healthcare professionals.

Financials

• Average Monthly Income: PHP300,000
• This steady income highlights the property’s current success and operational efficiency, with room for further financial growth.

Business Potential

There is significant potential to increase monthly income through enhanced marketing efforts and strategic operational changes:

• Marketing Efforts: Increasing visibility through online platforms, social media, and partnerships with travel agencies.
• Conversion to Full Hotel Operations: Transitioning the entire building into hotel operations can attract more guests and increase occupancy rates.
• Airbnb Registrations: Listing the property on platforms like Airbnb can attract a wider range of short-term guests, particularly tourists and business travelers.

Selling Price

• PHP40,000,000 (Seller to pay capital gains tax)

This property represents a valuable investment with substantial growth potential, given its prime location, existing income stream, and opportunities for business expansion.