INVEST SOMERSET SERVICED SUITE Gorordo Cebu City

A CEBU-based developer partnered with an international management firm for a luxury condominium project in Cebu City.
Worldwide Central Properties, Inc. recently announced its partnership with The Ascott Limited for The Suites at Gorordo, a project seen to create commercial growth in the area.
The Suites is a 28-story condominium project with 160 residential units and 150 serviced apartments or condotel units. . It will be built on a 1,000-square meter lot at the corner of Gorordo Avenue and Archbishop Reyes Avenue in Cebu City.
A serviced apartment is a fully furnished apartment for both short-term and long-term stays, providing hotel-like amenities.
Ascott’s brand hierarchy:?* ASCOTT (A+) – market of business executives?* CITADINES – middle to upper level managerial market?* SOMERSET – upper market of executives and their families
Ascott’s brand hierarchy:?* ASCOTT (A+) – market of business executives?* CITADINES – middle to upper level managerial market?* SOMERSET – upper market of executives and their families

PROJECT LOCATION
The project wil rise at Gorordo Avenue corner Archbishop Reyes Avenue steps away from the bustling business and commercial district of Cebu Business Park.
Steps away from Ayala Center Cebu Proximity to top hospitals, schools, retail stores and transportation hubs.
Unit Size Range: 36 – 62 sqm
Price Range: Php 7M – 13 Million (inclusive of VAT, FF&E, Sep-up fee and miscellaneous fees.
Reservation: Php 50,000.00
Down payment : 30% can be paid in cash or 48months to pay
Balance : 70% Bank financing
Discount for Cash discount: 8%-12%
For sample computation please email us.

AMENITIES
Ground Floor
Restaurant
8th Floor
Swimming Pool
Fitness Center
Jacuzzi
Roof Deck

SERVICED SUITES
Balanced global Lifestyle
Homely warmth and local experience
Stylish Units
Caters to business executives and their families
THE SERVICED RESIDENCE?ADVANTAGE
Hybrid between hotels and apartments
Higher operating profit
Less intensive staffing requirements
Lower marketing & maintenance costs
Primarily driven by business into tourism

BUILDING FEATURES

Lobby Lounge (residential suites)
Somerset Lobby (serviced suites)
100% back-up power
Fire alarm and smoke detection system
Two (2) Fire exits per floor
24-hour security service
Amenities located at 8th floor (service suites)
Amenities located at 8th floor and Sky Deck (residental suites)
Overhead water tank CCTV Camera

UNIT FEATURES
Smoke Detector
Fire Sprinkler
Provision for telephone
Provision for CATV
Provision for multi-point heater
Provision for split type air-con
Provision for washer/dryer
Floor to Ceiling as high as 3.6M (Residential Suite)

INVEST IN A SOMERSET SERVICED SUITE

Be proud owner of a Somerset serviced suite
Located at the heart of the central business district
Majority of the clients are working or has business dealings in Cebu Business Park
Take advantage of Ascott’s network Long staying guests & therefore only some seasonality
Generate income without any hassle
Promising property appreciation due to its prime location
Experience the Ascott’s lifestyle free for 10 days in a year