PROPERTY OVERVIEW

Hotel & Dormitory for Sale in Laoag City – Prime Investment

Unlock a massive investment opportunity in the heart of Laoag City. This versatile 531 SQM property located on Magat Salamat, Brgy 13, functions as both

Price:

PHP 85,000,000

Property Description

Unlock a massive investment opportunity in the heart of Laoag City. This versatile 531 SQM property located on Magat Salamat, Brgy 13, functions as both a Hotel and Dormitory, offering multiple revenue streams in a high-demand urban area.

Strategically designed for maximum ROI, the building features 34 spacious rooms, each equipped with its own private toilet and bath (CR). The property also includes two prime commercial spaces and an operational coffee shop, perfect for catering to both residents and the local community. With a dedicated 10-slot parking area, this property solves the common city-center challenge of accessibility.

Features

  • High Capacity: 34 total rooms, all featuring private bathrooms.

  • Multiple Income Streams: Combined revenue from hotel/dormitory rentals, 2 commercial units, and an in-house coffee shop.

  • Ample Parking: Rare 10-slot parking area for guests and tenants.

  • Strategic Location: Situated in Brgy 13, offering high foot traffic and easy access to city landmarks, schools, and government offices.

  • Turn-key Ready: Modern facilities suited for immediate operation.

  • Hospitality: Operate as a boutique hotel for tourists visiting Ilocos Norte.

  • Student/Staff Housing: Convert to a premium dormitory for nearby institutions.

  • Commercial Leasing: High visibility for the ground-floor commercial spaces and coffee shop.

Mortgage Calculator

$

5%

1%

5%

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Recent Listings

₱ 1,978,000

Prime Residential Lot for Sale in Laoag City – Near NBI

Brgy 12, Laoag City, Ilocos Norte 2900

₱ 6,500,000

Pre-Selling House & Lot in Tropical Villas Subdivision Bacarra, Ilocos Norte

Tropical Villas Subdivision, Brgy Pasiocan, Bacarra, Ilocos Norte 2

You have any questions?

Fill out the form below, and we’ll be happy to assist you with this property.

Agent Details

Mary Jane Vicente
PRC License #0021761
Post ID: 1614 | Author ID: 5 | Author: Mary Jane Vicente