WIDUS VACATION CLUB SERVICED RESIDENCES PROGRAM by Widus International Leisure Inc.

                                                                       hotel vida
Widus International Leisure Inc.

The WVC Serviced Residences Program is a full-serviced apartment program wherein members have the right to occupy 1 unit of the hotel and use it and its facilities until the expiry of their membership on October 2056, subject to renewal for another 25 years upon mutual agreement. As a member, you get the option of enrolling your respective units in the WVC RENTAL PROGRAM and earn profit.
Unit Prices:*
                  Unit Type                              Garden View                              Pool View
     Hotel Twin 29.5 sqm.                  Php.2,655,000.00                         Php.2,699,250.00
     Studio         43.5 sqm.                  Php.3,915,000.00                         Php.3,980,250.00
     1 Bedroom  57.5 sqm.                 Php.5,175,000.00                         Php.5,261,250.00
     Suite           73.0 sqm.                  Php.6,570,000.00                         Php.6,679,500.00
     2 Bedroom 87.0 sqm.                  Php.7,830,000.00                         Php.7,960,500.00
Perks and Privileges:*
- Owners have the option to enroll their units in the WVC Rental Program to maximize ownership when not in use
- Free year round use of the hotel's fitness centre and swimming pool for members dependents and two guests
- 25% discounts at the hotel coffe shop ( except room service, &/or corporate, group & social functions )
- 10% discounts on laundry, pressing and dry cleaning service
- 20% discounts on all service at the spa

*Subject to change without prior notice

Rental Program:
One of the priveledges of a Serviced Residece Member is the option to enroll their respective units in the WVC Rental Program. This program will allow the member to maximize his lease even when not in use.
When a member avails of the Rental Program option he shall be given 30 free nights up to a maximum of 90 nights for personal usage every year. The rest of the year, Hotel Vida shall have his unit rented out to paying hotel guests. Profit shall then be remitted to the member on the first semester of the next year. Profit shall of course be less all expenses such as operating cost, management fee, program fee, insurance, and other related expenses.
Rental Income:
- Members who enroll their units in the rental program shall receive profit on 70-30 sharing scheme. 
RENTAL INCOME = ( percentage interest of MEMEBER ) X ( 70% of Net Room Profit ) X ( Time Factor )

Example: Studio Unit:
Net Room Profit= ( 119 rooms X Php. 4,000 ave. room rate X 365 days ) X 60% occupancy - 50% Expenses = Php.52,122,000 
Percentage (%) Interest = 43.3 sqm. (studio)
                                               4,597 sqm. (total area)
                                             = 0.0095
Rental Income = 0.0095 X ( 70% of Php.52,122,000 ) 0.9178
                           = Php. 318,119.85 per annum
                                               
membership at hotel vida:
-vida circle     (Php.6,500.00/year)
-widus vacation club
 -timeshare
 -serviced residences
 
Get your own slice of paradise. Join Widus Vacation Club!

Hotel Vida is located at Clark Freeport Zone, Angeles, Pampanga

For investors schedule viewing call (+632) 221-8183/ 0919-4174862 Beng  

Popular posts from this blog

Documentary Requirements in Securing a New Tax Declaration

Image
Sample Copy of Tax Declaration      Here are some of the most important documentary requirements needed at Assessor's Office for you to secure a new copy of your New Tax Declaration.  You should take note however that this document thus not prove ownership but for the purpose of realty taxes application only. Documentary Requirements - Certified True Copy of a New TCT/ CCT - Photocopy of Deed of Absolute Sale with BIR Stamp - Photocopy of previous Tax Declaration - Photocopy of Official Receipt of Transfer Tax payment - Duplicate copy of Tax Clearance from Treasurers Office      After the release of the New Tax Declaration it would be advisable for you to secure a latest Certified True Copy for record purposes.
Read more

Requirements for Reconstitution of Lost or Destroyed Real Estate Title

Image
Sample back image of a TCT Requirements of reconstitution of lost or destroyed OCT R.A. 26 , Section 2. Original Certificate of Title shall be reconstituted from such of the sources hereunder enumerated as maybe available, in the following order:  (a) The owner's duplicate certificate of title;  (b) The co-owner's, mortgagee's, or lessee's duplicate of the certificate of title;  (c) A certified copy of the certificate of title, previously issued by the register of deeds or by a legal custodian thereof;  (d) An authenticated copy of the decree of registration or patent, as the case may be, pursuant to which the original certificate of title was issued;  (e) A document, on file in the registry of deeds, by which the property, the description of which is given in said document, is mortgaged, leased or encumbered, or an authenticated copy of said document showing that its original had been registered; and  (f) Any other document which, in the judgment of the co
Read more

Authority To Sell

Image
Securing a Authority to Sell (ATS) is not only important but required from a Real estate professional (RESP) from the property owner(s) or from his Attorney-in-Fact before offering to a potential buyer or public. 
Read more