Property ID: SOL-356-DMS/MLS
For Sale Php 59,000,000 - Apartment
FOR SALE
INCOME GENERATING PROPERTY
CONDOMINIUM & APARTMENT Building Complex
Near Capitol Site Cebu City
Along Access road from Guadalupe to Opra to Modesta road exit to Lahug Gorordo
Lot Area 1,052 sqm
Floor Area 1,647 sqm
Selling Price 59,000,000
Net of Taxes
Negotiable
BROKER OPINION ON MARKET VALUE
1) Bldg Floor Area 1,647 sqm
X construction cost 25k per sqm
Total is 41,175,000 already (Note. Present Contractor Cost now to build is 30k to 35k per sqm)
2) Lot Area 1,052sqm
X 35,000 per sqm Fair Market Value (FMV) in the Area
Total is 36,820,000
3) Total Value Now is 77,995,000
Selling Price 59M is Discounted Value
For Inquiry please contact us
NOTE : please deal only with License Real Estate Broker, Republic Act No. 9646
Disclaimer: Property Price and Availability may subject to change.
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