Property firm Novel Residential Concepts Inc. is offering up to 12 percent annual return at zero risk via its Ridgewood Premier Hotel project along C-5 Road in Fort Bonifacio, Taguig City.
The 168-room project offers units ranging from standard suite (24.8 sq. m. at P3.54 million including hotel furnishings) to a two-bedroom suite (55.7 sq. m. at P6.92 million).
Investors can choose between two payment schemes spread over 24 months.
“By investing in a hotel unit at Ridgewood Premier Hotel, we will make your money work for you,” said Roberto Alvarez Jr., president of Novel Residential Concepts Inc.
“We will be managing your hotel unit, including its maintenance, and even settle property taxes on your behalf.”
Ridgewood Premier Hotel is targeted to start full operations by the early part of 2023.