Condotels

What are CitiGlobal's condotel projects?
Tagaytay Clifton Resort Suites (TCRS) and Diamond Beach Residences (DBR). Feel free to read more about it in this article.
Thu, Jul 15, 2021 at 10:07 AM
Who will be the hotel operator of CitiGlobal's condotel projects?
We have partnered with Horrigan Hospitality to manage our condotel projects.
Thu, Jul 15, 2021 at 10:08 AM
How much passive income will I earn?
You can earn anywhere from P20,000 to P80,000 in net income per month, depending on the size of your unit. Read: 5 Ways to Take Advantage...
Fri, Aug 6, 2021 at 3:12 PM
How much is the ROI (Return On Investment) if I decide to invest?
Approximately 8-10% yield per annum from condo-hotel income as compared to 1% when you put your money in the bank, or between 2-6% for bonds / mutual funds....
Thu, Jul 15, 2021 at 10:09 AM
If my unit is not occupied, what will happen to my income?
Income is subdivided among unit owners based on unit size. Whether or not the unit is being used, the unit owner will receive dividends because the hotel wi...
Thu, Jul 15, 2021 at 10:10 AM
Are there any restrictions if I decide to change the interior design of the unit?
Should you decide to join the hotel operations, then the interior design must be approved by the hotel operator to meet hotel standards.
Thu, Jul 15, 2021 at 2:06 PM
What is the occupancy rate for a rental unit?
The occupancy rate is more or less 50-60% based on actual rental properties in Tagaytay.
Fri, Jul 9, 2021 at 10:40 AM
Is there a free stay for the unit owners?
Yes! If you sign up for the hotel management program, you will receive free hotel vouchers for a couple of nights each year.
Fri, Jul 9, 2021 at 4:55 PM
How do I inform the hotel operator about using the free-stay?
There will be a system and conditions for informing the hotel operator in advance, which will be finalized and discussed to the unit owners upon turnover.
Fri, Jul 9, 2021 at 10:44 AM
What if my unit is being used more than others, won't my unit be worn out faster than others?
The hotel management will as much as possible manage equal usage of each hotel unit, to make things fair for the owners.
Fri, Jul 9, 2021 at 10:44 AM