Condotel Investments in the Philippines. Lancaster Suites Blogs
Lancaster Suites Manila, Lancaster Atrium Manila, Lancaster Cebu, Condotels
Condotel Investments in the Philippines. Lancaster – The Atrium Suites Manila. Preconstruction Investment Opportunity. Reserve Now - 6.5% Price Increase Effective March 1, 2007
The Current selling price for Lancaster - The Atrium Tower A Studio Units on US Dollar contracts priced at $1,518.00 per sqm are Tax Exempt - will increase to $1,618.00 per sqm Effective March 1, 2007. The One Bedroom, Two and Three Bedroom Suites are currently priced at $1,700.16 per sqm will also increase to $1,812.16 per sqm including Government Taxes [R-Vat 12%] effective March 1, 2007.
Registered Clients have until February 28, 2007 to submit their complete Reservations to Manila to avail of Pre-Increase Unit Prices
Lancaster - The Atrium Tower A [which is the second Tower adjacent to the existing “Sold Out” Tower I] are accepting Reservations, adopting International Standard Escrow Trust Account “Buyer Safe, Easy Secure Payment Plans” with 6 year No Down Payment No Interest payment terms, full condo ownership, no management costs and minimum maintenance fees, you really should take a moment to look at this Condotel Investment Opportunity
The Current Price for a Studio Suite provides it may be purchased with a Reservation Fee USD 500.00 and the Balance then Payable without interest over 72 consecutive equal monthly payments of USD 586.97. Alternatively Save USD 2,535.72 by making the Reservation, USD 500.00 then within 30 days a 30% Net Discounted Down Payment of USD 10,142.89 and Balancepayable without interest over 72 consecutive equal monthly payments of USD410.88.
The Lancaster Atrium Executive Studio Suites are now available on the very affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification “In-House” Finance Plans… Pay only USD 500.00 Reservation for a 28.17 sqm [304 sqft Executive Studio [Contract Price USD 42,762.06] then 60 consecutive monthly payments of only USD 471.93 with the balance of USD 13,946.48 either payable in cash on turnover or to be financed over another 60 months payment plan…..
Another alternative, Save USD 5,663.11 by making the Reservation, USD 500.00 then within 30 days a 67% Net Down Discounted Payment of USD 22,652.46 and the remaining 33% [USD 13,946.48] on unit turnover from December 2009. Cash Payment option, take a full 20% discount [Save USD 8,552.41] on the unit price…. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover from December 2009
If you are interested to reserve Prime location Units Now at the Current Price Offering for the Condotel Units and extended payment terms and stand to earn at least 70-80% in Property Appreciation by completion 2009/2010 please contact us as soon as possible so that we can forward to you full details, pricing, terms of payment, floor plans and our recommended selection of units…
Condo Hotels: A New Type Of Philippine Real Estate Investment for Retirement
Enjoy ownership, luxury, & appreciation in a Condo Hotel vacation home! Considering retirement in a Tropical Climate?
For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are prepared to substantially downscale your lifestyle.
For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?
Over the past decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America, nearly everyone speaks ENGLISH in the Philippines.
The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 48 to $ 1.00 or PhP 96 to 1 Pound [Sterling (GBP)].
Housing, food, and labor costs are quite reasonable. A One bedroom condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 and one can dine out on average at a three star restaurant for less than PhP 500. If you hire domestic help, a private driver’s salary is approximately PhP 10,000/month, while trained housekeepers earn approximately -PhP 5,000/month. These salaries are lower if you live in the provinces.
Cable Television, Hi-Speed Internet and Satellite Communications are cheap. One can hire an air-conditioned taxicab for eight hours for less than $25.00. In a country where a provincial Governor’s salary is only PhP 28,000 per month and a Presidential Cabinet Under-Secretary earns PhP 35,000, your pension can go a long way. So, if you have a retirement income of approximately $1,500 to $2,000 per month (PhP 80,000 to 100,000) you can live quite well in the Philippines.
As for health care, most U.S. Health Management Organizations pay for medical expenses incurred in the Philippines. Check with your HMO. The Philippine Department of Foreign Affairs presently has a task force headed by former Secretary Roberto Romulo working to have the U.S. government accredit a number of first class Philippine hospitals for Medicare reimbursement. The Makati Medical Center, one of the nation’s best already has such accreditation. Unbeknown to many is that for years, citizens of nearby countries such as Thailand, Nauru, Tonga, Indonesia, and Malaysia have flocked to the Philippines for medical care, particularly sensitive surgical procedures. The quality of medical care at the better Manila hospitals such as the Asian, St. Luke’s, Medical city, Cardinal Santos, Philippine Heart Center for Asia, National Kidney Institute, and Makati Medical Center meets international standards.
A Japanese company is building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually.
The British government recently acquired a large tract of land in Fort Bonifacio to build a new Embassy. The British ambassador explained the larger facility is meant to help serve the growing number of British nationals retiring there as well. Japanese and Korean investment groups are buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country. A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon
English is the Philippines’ official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employees all speak English, or have a working understanding of it. The middle class speak English, without exception. All major newspapers and major broadcast companies use English. An English speaking visitor will never get lost in the Philippines. It is the universal use of that language that has been a strong incentive to foreigners. As well, communications links within the country and to other countries via the various commercial gateways is up to international standards. For example, the use of cell phones and text messaging is so common that housemaids, street vendors and food hawkers can be seen using their cell phones incessantly.
One will never want for adventure and sights to experience in the Philippines. There is always a colorful Fiesta, pageants, street festivals, and open public events going on. Lush with bountiful natural resources, one can enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except skiing. There is an ice skating rink in Manila, though. Scuba diving and fishing are among the sports which draw the most number of foreigners to the rich aquatic offerings.
Shopping is the Filipinos’ second most popular activity, the first is eating. Manila is Asia’s undiscovered shopping Mecca. You will love the golden purple sunsets, the fragrance of the flowers at dusk, and the wonderful array of fruit and food. I used to enjoy watching the Sun set from the bar at the Philippine Cultural Center. There, you can listen to the Symphony, check out a play, or enjoy Grand Opera. There is just so much to explore and discover, especially in terms of nature, culture, and history. If you’re a betting man, there’s horse racing, the Jai Alai, numerous first class casinos, and of course, cock-fighting. Manila is well known for its exciting night life.
The Philippines offers affordable real estate and good investment opportunities for those seeking a retirement haven
“Where can you find a 350 sqft Freehold Flat in the heart of Central London for only 25,000 Pounds and then get up to 18% per annum ROI from rental returns UK Tax Free” enthuses Collingz. “These figures probably seem Crazy to London Property Buyers unless they remember the prices of Flats and Apartments back in the late 70’s” and all of this comes complete with average 85 degree temperatures and sunshine nearly all year round” said Beth Collingz whom used to live in South Kensington and still owns several Chelsea Embankment Townhouses and St. Catherine’s Dock Flats before coming over to the Philippines
If you have $50,000 or GBP 30,000 to invest, here are some buys you could make right now with that budget:
1. A Freehold Studio Condotel Suite at the Lancaster Atrium Manila for Initial Property Appreciation Investment and Rental Income from 2010 in Metro Manila, Philippines. Floor Area 28.17 square meter [304sqft] at $1,518.00/sqm. Total Contract Price: USD 42,762.06. Pay Cash and take a full 20% discount [Save USD 8,552.41] on the unit price. Pay 90% Now [USD 30,788.68] and the remaining 10% [USD 3,420.96] on unit turnover
2. A Freehold Studio Condotel Suite at the Lancaster Suites Manila for Rental Income from 2007 in Metro Manila, Philippines. Floor Area of 27.23 square meters [293sqft] at $1,618.00/sqm. Total Contract Price: USD 44,058.14 [Tax Exempt]. Pay Cash and take a 10% discount on the Contract Price. Save USD 4,405.81 Pay 90% of the contract price now [USD 35,687.09] and the remaining 10% balance [USD 3,965.23] on unit turnover
3. A Freehold Studio Condotel Suite at the Lancaster Cebu Resort Residences for rental income from 2007 in Cebu, Philippines. Fully Furnished Studio 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. Pay Cash and take a full 10% discount [Save USD 5,509.96] Pay Reservation [USD 1,820.00] and Cash Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72. Immediate Occupancy.
Pacific Concord Properties, Inc., Flagship Lancaster Atrium Suites Condotel [Manila] development located along Shaw Boulevard, Mandaluyong City, Metro Manila, is one of the hottest Condotel Investments in the Philippines where property investors, apart from real estate appreciation initially reckoned to be 100% for early investors, will get projected Rental Incomes on their units of up to 16% per annum once fully operational from 2010
To be called Lancaster Atrium [which is the second Tower adjacent to the existing “Sold Out” Tower I] Condotel Studios, One, Two & Three Bedroom Suites are currently available to Property Investors adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… with 6 year interest free payment terms or up to 12 year no prequalification “In-House” financing [available to all overseas buyers], full condo ownership, no management costs for Condotel Suites, no enrollment charges for joining the Condotel Rental Pool, and minimum monthly maintenance fees, as buyers or sellers of Real Estate you really should take a moment to look at this Philippine Condotel Investment Opportunity
According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: “My phone has been very busy with buyers from the UK, Scotland and Australia interested in purchasing investment properties and holiday homes here”
“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe, specially UK Housing prices, and the easy payment options available for our Condotel Developments, but there are other factors, too. Offshore Property Investors, Foreign baby boomers as well as overseas Filipinos, are looking for ways to maximize their return on investments as they approach retirement, and so are purchasing second homes, particularly Condotel Investments where they can use the Condo for vacations and rent it out through our In-House Condotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices, give a projected ROI on their investments of some 8-16% depending upon the mode of payment for the unit”
Beth Collingz, who runs PLC Global Pinoy, an internet based marketing network specializing in Condotel Investments in the Philippines, indicated that more than 85% of all Condotel sales in Metro Manila were to international clients. While such a level of foreign-purchasing activity is not as high in the Philippines provinces, Cebu in particular, has seen a sharp increase in real estate purchases by international buyers in the past several years.
“These international buyers know it’s a buyer’s market in the Philippines right now-there are a lot of properties available and fewer local buyers,” Collingz said. “I’m working with clients who are purchasing their second property with me. We also have referrals from many of our prior customers and new clients who have found us through our Web sites, lancastersuites.com and plcglobalpinoy.com which include a special section for international buyers”
While Metro Manila is still a popular choice with international buyers, Collingz says clients tell her that it makes more sense to buy in a year-round vacation destination. The Lancaster Cebu Resort Residences Condotel development by Pacific Concord Properties located in Mactan, Cebu - the area around Cebu International Airport - fits the bill with all it offers to International buyers.
Accessibility from Europe & the United States is also a factor.
“London to Qatar, London to Amsterdam to Singapore or Hong Kong, Los Angeles to Tokyo, San Francisco and New York to Hong Kong direct flights to Cebu and Manila, for example, average just 16 hours, add to that the many airline specials from Qatar Airlines whom probably offer the cheapest air fares, that fly directly into Cebu and Manila, and it’s easy to see why the Philippines is becoming an international community.”
Unlike other offshore rental properties, where the rental market is largely seasonal, in the Philippines there is a strong market for rental properties year round. This gives buyers greater flexibility in choosing when to use and when to rent their property. The strong rental/second home market also has resulted in a proliferation of professional property managers and rental agents, making property ownership and rental easy. Pacific Concord Properties Inc with its flagship Lancaster Condotel Developments fit’s the bill.
Financing Options and Security open up Philippine real estate market to International buyers.
Previously a stumbling block for some international buyers was the perception that it is difficult -if not impossible - to obtain financing in the Philippines. As a result, many purchases in the past were cash sales.
Pacific Concord Properties recently introduced the new affordable easy payment plans for the Lancaster Atrium Manila Condotel Suites where a Studio Unit can be purchased without any down payment, and 67% of the contract price payable over 60 months interest free and the 33% balance payable on turnover of the unit or to be extended for another 60 months through PCPI’s no prequalification no hassle finance plan, sales of the companies inventory of units will surely sell out quickly to investors seeking to take advantage of the Condotel Investment “Boom” in the Philippines.
A major stumbling block for some Investors from the UK was the perception that purchasing property in the Philippines was risky with nightmare stories of fraud and deception abounding due to the lack of Professional Realtors and Internationally accepted principles’ of Real Estate Transactions.
With Pacific Concord Properties Inc adopting International Property Standards and the only Philippine Real Estate Developer to operate the internationally accepted practice of Escrow Trust Account Banking for all payments made by buyers of its Condotel Suites, international offshore property investors need no longer worry about the security of their investments
Buyers of Condotel units at the Lancaster Suites Manila, Lancaster Atrium Manila and Lancaster Cebu Resort Residences in Cebu, pay their Reservations, down payments and all monthly payments directly to the Companies Trust Account with the Bank thereby ensuring that funds are maintained and ultimately used only for the purpose of direct construction related costs. This not only guarantees that the buyers money is safe, but more importantly the development will be completed on schedule and within projected time frames for the project.
Collingz highlights the importance of working with those experienced in this type of transaction. “Buying property in the Philippines is significantly different from buying in the UK and other European countries, for example,” said Collingz. “The purchase process is more direct, with less stress and more accountability; and we work directly with the buyer or collaboratively with the client’s agent or representatives. Our goal-and that of Pacific Concord Properties Inc - is to make the whole process as easy as possible. Prospective buyers can view properties online on our Web site and save listings they’re interested in an online portfolio”
Communication is the key to the process, according to Collingz. “We spend a lot of time communicating with buyers before they visit, so that we all have a clear picture of the type of property that’s right for them. We also make travel arrangements and hotel accommodations and provide them with information in advance of their visit so they understand the process and their options. That way they can make the best use of their time here-and we can ensure they have time to get to know and enjoy the area.” In many cases, buyers arrive for a three to five-day visit and sign a sales agreement before heading home.
Under the direction of Gen. Edgar B.Aglipay, chairman of the Philippine Retirement Authority, plans have been put in place to ensure that the growing demand for housing and ancillary services for retirees are met. The objective is to turn the country into the retirement haven in Asia.
Condo Hotels in the Philippines: The Hottest Niche in the Philippine Investment Property market
Condo hotels have quietly become one of the hottest areas of the real estate market in the Philippines. The condotel concept provides buyers the benefit by owning a property in a hotel environment that they can use for themselves, and take advantage of the amenities not normally found in typical residential condominium developments.
When they are not using the condo hotel suite, the unit is put in the managed pool and rented out for them. The buyers have what is considered “hassle free” ownership. The condo hotel unit owners also benefit from having a professional onsite management company to handle to marketing, booking of their room and general expertise that they bring to the table. If a problem should arise with their condo hotel unit, the management company will take care of it instead of the owner having to worry about it. This makes the traditional landlord tenant issues a thing of the past.
The condo hotel buyer sees the benefit to owning a vacation property that also has the potential to produce income for them. The typical condo hotel produces higher levels of income than the traditional vacation home (and less headaches), making it all the more appealing to buyers.
Developments such as the Lancaster Suites Manila Tower I were sold out in less than 18 months and the building is set for completion this Summer 2007. Condo hotels are different from traditional condos because they are sold “turn key”. Clients initially purchase the standard condo unit and then when the time comes for interior ‘fit-out’ they can avail of the in house Condotel package of furniture’s and furnishings for the unit. This means buyers do not have to worry about hiring a designer or contractor to come in to finish out the unit. Everything is included from linens, dishes, pillows etc…
Leading the way in the Metro Manila condo hotel market is Pacific Concord Properties Lancaster Brand of condotel investments. Pricing for condo hotels can range anywhere from $34,000″s up to $250,000 for Penthouse suites. Of course the pricing depends on location, views and types of finishes. The Lancaster Suites Manila Tower I development has enjoyed great success for its clientele with property appreciation already reaching 100% for its initial buyers. Lancaster – The Atrium, the latest development by PCPI in Shaw Boulevard, Metro Manila, is currently on preconstruction selling and looks set to sell out within the next few months. Lancaster – The Atrium offers clients the choice of Studio, One, Two and Three Bedroom suites that all have kitchen facilities as regular residential condo unit. In addition, Lancaster – The Atrium, as with the Lancaster Suites Tower I, offers unit owners and guests an extensive range of services and amenities
Philippine Condotel Investments – Lancaster Suites US Road Show to hit major US Cities from February 5th – March 10th 2007
Beth Collingz, PLC International Marketing Director, announced that Ronald Lim – President/CEO of Pacific Concord Properties Inc will conduct a series of personal presentations to interested clients and prospects in informal home settings, hotel venues and business centers across the US commencing in New York and New Jersey from February 5th-12th 2007. “Any of our existing Clients and Marketing Partners whom are interested to arrange or host group meetings with the Filipino Communities and Offshore Investors Groups or anyone else whom might be interested to find out more regarding the existing Lancaster developments and condotel investment opportunities in the Philippines can contact us to arrange meeting dates”
All existing Marketing Partners, Buyers, Clients and International Brokers are invited to join or host any of the Lancaster Philippines Condotel Investment Forums
Other US Cities to be visited in coordination with PLC Marketing Partners across North America will include Chicago, Washington DC, Orlando, Houston, San Francisco, Los Angeles and Seattle.
Road Show Dates: East CoastNew York & New Jersey – February 5th –12th
Coordinator for PLC’s New Jersey presentation is Fiorello Salvo of HomeOwners Realty in Jersey City. 201-433-8001 [office] 551-358-2224 [cellular phone] and will host an informal “Open House” on Friday, February 9th 2007 in their office at 1685 Kennedy Boulevard, Jersey City from 1pm – 10pm. All interested prospective buyers, existing clients and unit owners at the Lancaster Suites and Lancaster – The Atrium are welcome to attend. Please contact Fiorello Salvo at HomeOwners Realty or Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 Email: firstname.lastname@example.org for further info.
Coordinator in New York is Ambrosio Teniozo of AST Group Realty. Sweetgum Lane, Miller Place, NY. 718-264-1187 or 631-331-0011 [office] and will host an informal “Open House” on Sunday, February 11th 2007 at Crowne Plaza La Guardia Hotel. 2nd Flr. 104-04 Ditmars Blvd, East Elmhurst, NY from 1pm – 4pm. All interested prospective buyers, existing clients and unit owners at the Lancaster Suites and Lancaster – The Atrium are welcome to attend. Light refreshments will be served. Please contact Ambrosio Teniozo at AST Group Realty or Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 Email: email@example.com for further info
Chicago Area - February 13th-17th
Coordinator for PLC’s Chicago presentation is Joe Gozun of Midwest America Realty located in Grand Avenue, Waukegan, Illnois. 847-244-2600 [office] 847-323-2846 [cellular phone] and Midwest America Realty, Bloomingdale Road, Glendale Heights, Illinois. 630-893-9700 [office] or contact Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 for further info.
Washington DC - February 18th-20th
Coordinator for PLC’s Washington DC presentation is Brandon Feraren of Coldwell Banker Residential Brokerage located in Annapolis Road, Lantham, MD 20706. 301-474-5700 [office] 301-792-5151 [cellular phone] or contact Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 for further info.
Orlando, Florida - February 20th-24th
Coordinator for PLC’s Orlando, Florida presentation is Jeffrey Clarke of Global Life Management Inc located in Layton Street, Leesburg, FL 34788. 321-214-0026 or 866-793-4252 [office] 407-451-3766 [cellular phone] and will host an informal “Open House” together with the Leesburg Real Estate Buying & Investing Meetup Group, on Wednesday, February 21st 2007 at Holiday Inn Express, 3601 West Burleigh Blvd, Tavares, Florida from 6pm – 9pm. Refreshments will be served to guests. An Invitation Only Dinner Party will also hosted on Friday, February 23, 2007 from 7pm at Layton Street, Leesburg for friends, colleagues and the local Filipino Community. All interested prospective buyers, existing clients and unit owners at the Lancaster Suites and Lancaster – The Atrium are welcome to attend. Please register by contacting Jeff Clarke at Global Life Management or Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 for further info
Houston, Texas - February 24th-27th
[Venue to be Announced]
Road Show Dates: West CoastSeattle - February 27th - March 1st
Coordinator for PLC’s North Seattle Everett and Lynnwood area presentation is Narci Ricafrente located in Everett, WA 98208. 425-379-5638 [office] and will host an informal “Open House” on Tuesday, February 27th 2007 from 6pm – 10pm and Wednesday, February 28th 2007 from 1pm – 10pm at the Hilton Garden Inn - Seattle North Everett, 8401 Paine Field Blvd. Mukilteo, WA. 98275. All interested prospective buyers, existing clients and unit owners at Lancaster Suites and Lancaster – The Atrium are welcome to attend. Please contact Narci Ricafrente for appointments in Lynwood & Everett or Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 for further info
Coordinator for PLC’s South Seattle Des Moines area presentation is Raul Perez of Golden Circle Phils Services located in Pacific Highway, Des Moines, WA 98198. 206-878-8362 [office] 206-303-8096 [cellular phone] and will host an informal “Open House” on Thursday, March 1st 2007 from 1pm – 10pm and Friday, March 2nd 2007 from 8am – 12Noon at the Holiday Inn, Seattle SeaTac International Airport. 17338 International Boulevard, Seatac. WA 98188. All interested prospective buyers, existing clients and unit owners at the Lancaster Suites and Lancaster – The Atrium are welcome to attend. Please contact Raul Perez of Golden Circle Phils Services or contact Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 Email: firstname.lastname@example.org for further info.
Los Angeles - March 2nd-5th
Coordinator for PLC’s Los Angeles area presentation is Abraham Pagtama. Tel.: 301-849-3509 [cellular phone] and will host an informal “Open House” on Sunday, March 4th 2007 from 3pm – 5pm at the Sheraton Gateway Hotel, LAX, Los Angeles. All interested prospective buyers, existing clients and unit owners at the Lancaster Suites and Lancaster – The Atrium are welcome to attend. Please contact Abe Pagtama for reservations or contact Beth Collingz in Manila +63 2 717 1958 or +63 32 340 0721 Email: email@example.com for further info.
San Francisco & Bay Area - March 5th-10th
[Venues To be Announced]
Lancaster Manila Atrium Tower A, Shaw Boulevard, Metro Manila, Philippines is a “Full Service” Condominium Hotel [”Condotel”] offering Studio, One, Two and Three Bedroom Suites for sale. To be completed and ready for turnover from December 2009/2010, the Lancaster Atrium will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condo Rental Pool.
Condotel Investments in the Philippines are a Great Investment for Fil-Am’s whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase price levels] of some 12-16% ROI per annum as Owner Non-Residents when not using their units through Condo Hotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.
If anyone is interested to attend, invite friends to join us or host any of the Lancaster Philippines Condo Hotel Investment Forums across the US, please do not hesitate to contact us….
Beth Collingz Director - PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Lancaster Suites Condotels. Shaw Boulevard.
Mandaluyong City. Metro Manila. Philippines 1552
Phone: Manila [63 2] 717 1958 Phone: Cebu [63 32] 340 0721
Fax: Manila [63 2] 718 1828 Fax: Cebu [63 32 495 4938]
Condotel Investments in the Philippines. Lancaster Suites Blogs