University Home Recto
University Home Recto offers hassle-free bed space business that can give you high and steady rental income. All you have to do is sit back, relax and wait for your rental income on your bank account!
- Hassle-free bed space business
- Earn as much as Php 32,000 to Php 60,000 monthly
- Less than 1km away from 10 universities in Manila
- Its developer has an excellent track record
Hassle-free bed space business
The truth is there’s a lot of property investment out there that can give you substantial rental yields. But ask any property owners, and they will tell you that their most common problems are the hassle in managing its rent.
If you do not have time to look for tenants, collect rental fees, look after your property and manage tenant concern, then University Home Recto is the perfect investment for you!
University Home is offering condormitel units. It is a condominium, dormitory and hotel operated as one.
Condominium. Your unit will have a Condominium Certificate Title (title) as proof your 100% and lifetime ownership on the condo unit. Meaning you can sell, mortgage or transfer the property as an inheritance to your kids in the future.
Dormitory/Bed Space. Your unit will be leased out on per bed basis similar to dorms.
All units offer the same room furnishing. Therefore, all units are fully furnished, with FREE:
- LED TV
- Working tables
- Pantry with exhaust fan
- PABX telephone system
- Provision for wi-fi
- Bathroom fixtures
- Water Heater
- Floor tiles
Hotel. Its facilities and its leasing operation are similar to a hotel. There will be a property manager who will look for tenants and manage the entire leasing operation.
We highly recommend University Home to OFWs and foreigners who cannot readily manage their property.
Earn as much as 32k to 60k monthly
All units will be leased out on a per bed basis by the University Home Property Management Group. After that, the total rental income will be pooled together and distributed to unit owners.
Projected rental income:
- 4 beds = P 8,000/bed = P 32,000 monthly
- 8 beds = P 7,500/bed = P 60,000 monthly
Less than 1km away from 10 universities in Manila
There are 10 universities within a 1km radius of University Home Recto. Approximately, there are 70,367 students within the vicinity.
Imagine, there’s a new batch of freshmen yearly. Hence, you have a constant market for prospective tenants. Also, students opt for long term leasing – usually 1yr to 4yrs until they finish their courses.
Manila’s top review centers are also within the vicinity. Provincial students even go to Manila to take a review in preparation for their board exams!
Its developer has an excellent track record
Summithome Realty Corporation has a strong record of developing condormitel towers with a 100% occupancy rate. Its owner, Mr Juan Dy, established two condormitels, namely University Pad Residences in Taft Manila and University Pad in P-Campa. Both towers have a 100% year-round occupancy rate, with the current rental price of Php 7,000 per bed.