University Homes Recto

University Home Recto – a business that can give you passive income monthly!

University Home Recto is a 32 storey residential condormitel with 684 units.

It is located right across San Sebastian College, and less than 1 km away from 10 key academic institutions in University Belt.

What makes it a good investment?

University Home is offering “condormitel” units – a condominium, dormitory and hotel operated as one.

Condominium

• Secure with CCT (Condominium Certificate Title) as proof of 100% and lifetime ownership.
• You can mortgage, sell or passed down as inheritance to your children.
• Individual unit owners are shareholders of the condominium corporation who owns the land on which the condo sits. One condo unit is equal to one share.

Dormitory Leasing

• Your unit will be leased out on a per bed basis by the University Home Property Management Group

Hotel Type Amenities and Services

• Amenities will be similar to a hotel, with services necessary for students such as housekeeping, WIFI connectivity, cable TV, and the like.

Many Filipino can’t afford the typical rental of a condo unit which is Php 12,000 – Php 20,000 per month. Hence, the old dormitories in Manila are fully booked because of its cheap accommodation (around Php 3,000/bed) even though it doesn’t offer appropriate security and facilities to their tenants.

The University Home Recto on the other hand, is offering affordable bed space accommodation (Php 8,000 per bed) with great security, facilities and amenities similar to a condo/hotel.

Projected rental income

Condormitel with 4 beds = Php 8,000/bed or Php 32,000/unit

Condormitel with 8 beds = Php 7,500/bed or Php 60,000/unit

Once you purchase a unit, it will be fully-furnished so that all units will offer standard furnishing.

With FREE:

• Aircon
• LED TV
• Beds
• Working tables
• Pantry with exhaust fan
• Cabinet
• Blinds
• PABX telephone system
• Provision for wi-fi
• Bathroom fixtures
• Water Heater
• Floor tiles

A hassle-free business

Just enrol your unit to University Home Property Management Group and watch your investment earn for you. They will:

1. Look for possible and qualified tenants
2. Collect and deposit rental payments
3. Provide housekeeping and maintenance for your unit/s
4. Assist your tenants with moving in or out

Once enrolled, the total rental income will be pooled together and distributed to unit owners. Hence, you will enjoy guaranteed rental income whether your unit is leased or not!

Great number of prospect tenants within its vicinity

Approximately, there’s a 70,367 students within the vicinity which will be your potential tenants.

Good thing about student as tenants: there’s a new batch of freshman yearly, hence, you have an unending market. Also, students opt for long term leasing – usually 1yr to 4yrs until they finish their courses.

Manila’s top review centres are also within the vicinity. Provincial students even go to Manila just to take a review in preparation of their board exams.

Amenities