DMCI Homes Leisure Residences, the leisure brand of property developer DMCI Homes, has expanded its condotel portfolio with the launch of Moncello Crest, a new residential resort in the municipality of Tuba in Benguet province.
Moncello Crest is located a few minutes’ drive from Baguio City, offering residents and investors the cool, refreshing climate of the upland region.
The new development promises to be a haven for those seeking both a vacation home and a lucrative investment opportunity.
DMCI last year launched Solmera Coast, its inaugural venture into the leisure property market. The beach park condotel complex in San Juan, Batangas was a huge success, generating P5.6 billion in reservation sales within a month from the launch.
Promising investment
The Moncello Crest offers property buyers looking for a second home an opportunity to secure a vacation home that doubles as a source of income. Under Moncello Crest’s individual rental pool program, property owners can entrust their condo units under the management of a hotel operator to earn rental profits.
The units will continue to be owned by its buyers, who in turn get 30 percent of rental revenues.
Assuming a 35-percent occupancy rate for the property, unit owners at Moncello Crest may earn about P16,300 monthly from a 35-square meter (sq. m.) studio unit and about P42,700 for two-bedroom units.
Property owners will also have the opportunity to avail of the condotel room themselves, under the Leisure Plus program, which is DMCI Homes Leisure Residences’ program for complimentary room nights.
Unit owners are entitled to stay at Moncello Crest for at least 30 nights a year, depending on the size of their investment and their choice of room. They can also use their complimentary stays at Solmera Coast in San Juan, Batangas as well as in other DMCI Homes Leisure future developments.
“Investing at Moncello Crest gives owners the best of both worlds as they can earn from the property on most days and use the units for the occasional breather,”DMCI said.
Rooms at Moncello Crest will feature uniform furniture and fixtures to offer a relaxing hotel-like experience to visitors with cozy sofa beds and beds, balcony furniture, tables and lamps, and the like.
Home away from home
Moncello Crest seamlessly combines refined style with welcoming ambiance in its layout and design. Its name draws from montel, an Italian word for mountain, and the Spanish word ariceli referring to an“altar in the sky.”
It boasts of breathtaking views of Benguet’s mountains and captivating sunsets, providing a tranquil escape for the mind and soul. Surrounded by lush flora and fauna, it offers a serene retreat.
As a mountain resort, Moncello Crest provides amenities such as a heated outdoor jacuzzi and fire pits to ensure guests stay cozy in Benguet’s cool climate. Other amenities include an all-day dining restaurant, café, game room, spa, gym, multi-purpose athletics area, daycare center and a convention center for large gatherings.
With a spacious roof deck, visitors can relax while taking in the picturesque Benguet skyline.
Inside, Moncello Crest showcases Filipino-inspired décor and architecture, curated by Aedas, a globally respected design firm, for an authentic cultural experience.
New summer destination
Given its proximity to Baguio and its thriving agri-tourism industry, Tuba has emerged as one of the popular tourist destinations in the northern part of the country.
It provides a convenient and a more peaceful alternative for those looking to enjoy the Philippines’ Summer Capital with less noise, pollution and traffic.
The property is accessible via Marcos Highway and is within Barangay Poblacion. The property is just a 20-minute drive from Baguio’s tourist hotspots like Burnham Park, Camp John Hay, Session Road and the Loakan Airport currently under rehabilitation.
Among the tourist attractions that could be found within Tuba are the BenCab Museum, which is 17 minutes away from the property, hot spring resorts and the Pan Ay-Ayaman Eco Park.
“Tuba is filled with agri-tourism parks and community farms that offer a new way of cultural immersion––perfect for curious travelers,” DMCI Homes said.
