Lancaster Suites Tower I Condotel [RFO December] Two Bedroom Bi-Level Condo in the Philippines For Sale
Lancaster Suites Tower I, located along Shaw Boulevard, Metro Manila, to be completed and ready for turnover during the latter part of 2007, will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool.
Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 8%-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.
All units at the Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the current price are the interior finishing’s such as tiled & semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture’s, furnishings, air-conditioning, lighting fixtures and appliances will be available towards the time the units are closer to being completed. Monthly condo dues or maintenance fees are currently around 80 pesos/square meter of the unit floor area/month.
Currently Available – 2 Bedroom Bi-Level [Loft Type] Prime Suite
Philippine Pesos Price: September 25, 2007
Lancaster Suites Tower I Two Bedroom "Bi-Level" Suite. This prime unit located on the 29th floor is overlooking Makati/Mandaluyong City and has a Floor Area of 64.33 square meters [695sqft] currently at Philippine Pesos: -Pph-90,594.56/sqm. Total Contract Price: -Pph-5,827,948.04 [Including Tax] may now be purchased with a Reservation of -Pph-25,000.00 and within 30 days a minimum 30% Down Payment of -Pph-1,740,884.41 and balance payable over 12 equal consecutive monthly installments of -Pph-338,505.30. Interest Free.
Alternatively, Pay Cash, and take a full 10% discount on Contract Price. Save -Pph-582,794.80 by paying the Reservation Fee of -Pph-25,000.00 then within 30 days 90% [-Pph-4,698,137.91] and the remaining 10% cash balance [-Pph-522,015.32] on unit turnover from December 2007.
Banco De Oro (BDO) a commercial Bank in Metro Manila has just approved a buyer's financing or mortgage plans for Lancaster Suites Tower I Manila Condotel units. The new financing scheme, a first providing Philippine Mortgages to Foreign Nationals residing overseas for Condotel units in the Philippines, is now available to unit owners (Filipinos, Filipino-Americans and Foreign Nationals alike) whom are looking to purchase a Condo Hotel Suite or refinance their investments through BDO's Home Loan.
Further Information, Guidelines, Loan Application Procedures and Application Forms for the Home Loans available from Banco De Oro for Lancaster Suites Tower I Suites can be downloaded from our Website on http://www.lancastersuites.com/lancastersuites-downloads/473.html
You can see Exterior photos of the Lancaster Suites current development on http://www.lancastersuites.com/LancasterSuites/Album8.htm
And interior photo of the Lancaster Suites Studio & One Bedroom Suites on http://www.lancastersuites.com/LancasterSuites/Album9.htm
For Copy of the Lancaster Suites Slide Show Presentation copy and paste the following directly into your browser: http://www.lancastersuites.com/lancastersuites-gallery/index.php
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila  717 1958
Fax: Manila  718 1828
Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu  340 0721
Fax:  495 4938