Monday, December 17, 2007

Buy Condo No Down Payment 12 year Term Investment Manila Philippines

Pacific Concord Properties Announces New Philippine Condotel Investment 12 Year Payment Plan

PCPI’s Philippine Condotel Investments new 12 year Payment Plan allows clients to buy Hotel Suites at 50% of the purchase price that can be used as Pension or Early Retirement Plans

Beth Collingz, International Marketing Director for PLC Global based in Manila, lead Marketing Partners for the Lancaster Brand of Condotels in the Philippines, announced new 12 Year Payment Plan Options that provides for Lancaster – The Atrium Executive Studio [Semi Fitted] Suites to be purchased with a Reservation of only -Pph-25,000.00 for a 32.50sqm [350sqft] Studio then 48 consecutive monthly payments of only -Pph-17,801.58 [No Interest for the first 4 years]. Annual Lump Sum payable on the anniversary of the reservation date of -Pph-91,551.00 for the first 4 years and thereafter continue the 96 consecutive monthly payments of -Pph-24,075.73 to complete the balance of the purchase price”

“Anyone from Overseas Filipinos to Offshore Property Investors looking to start saving for retirement, the Philippines with its comparative low cost of real estate yet high rates of Hotel Accommodations, make the Condotel investment an extremely attractive investment proposition. Our clients are now looking at the preconstruction investment in a Lancaster Atrium Semi Fitted Studio Suite that may be purchased on a one of a kind 12 year plan” Collingz said.

“Having paid 50 percent of the purchase price within 4 years the Studio Condotel will be ready for occupancy and thereafter income positive with a projected ROI through rentals of at least 500 dollars per month makes the remaining 96 monthly payments on the unit balance self liquidating” said Collingz, and with preconstruction property appreciating at some 20-30% per annum not only does the Real Estate Appreciation look good but after paying for the unit, the rental income is in excess of what many Pension Plans offer for the same or similar investment of only 50 percent of the purchase price for the unit.

Foreign Nationals are legally allowed to purchase as much as 40% of the total number of condominium units on the market at any given time. Overseas Filipinos and more and more foreigners are now emerging as a market for condotel units. Many or our clients are coming from different countries like South Korea, Australia, United Kingdom, Saudi Arabia and other parts of the Middle East.

For further info please do not hesitate to contact us:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Lancaster Condotels]

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