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Commercial Hotel Building for Sale Near Uptown BGC, Makati
For Sale
Office · Estrella Street, Bel-Air, District I, Makati, Southern Manila District

Commercial Hotel Building for Sale Near Uptown BGC, Makati

₱398,000,000₱111,798/sqm
3,560 sqm
Floor Area
2019
Year Built

About this property

A nine-storey hotel building for sale on Estrella Street in Bel-Air, Makati, completed in November 2019 with 3,560 sqm of floor area on a 418 sqm lot. Units are fully furnished with key card access and air conditioning, and the building has a modern lobby, 24-hour front desk and security, CCTV coverage and public wifi. The Estrella location sits at the Makati and Taguig boundary, a five-minute walk to Uptown Mall in BGC, which gives an operator demand from two business districts at once. Asking ₱398,000,000.

Highlights

    Investment Analysis

    Investment Calculator

    Cap Rate
    5.13%
    Cash-on-Cash
    -6.32%
    Net Operating Income
    ₱20,417,400/yr
    Monthly Loan Payment
    ₱2,330,322
    Annual Cash Flow
    ₱-7,546,464/yr
    Down Payment
    ₱119,400,000
    Principal Paid (yr 1)
    ₱5,675,864/yr
    All-Cash Yield
    5.13%
    Total year-1 return (cash flow + principal repaid)
    ₱-1,870,600/yr (-1.57% on cash in)
    Why the cash flow is negative

    The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.

    Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.

    Location

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