Saturday, August 16, 2008

US Realtors turn to Condotel investment sales in the Philippines to boost income

Many US Realtors are looking towards Philippine Condotel investment sales to boost income amidst the domestic housing crisis

As the credit crunch continues to hit many countries with rising food and transport costs, a lot of people are looking for additional income and real estate marketing and referral networks offer an easy opportunity to make some extra cash. In the Philippines, PLC Global is looking for applicants to join its Internet based web programs for the Lancaster Brand of Condotel Investments

Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condo Hotels in the Philippines said we are looking for International Referral Partners, Part-Time Agents, Overseas Based Agents, Entrepreneurs, Housewives, Professionals, Real Estate Brokers and Realtors whom are interested to join our Marketing Network for the Lancaster Brand of Condo Hotel developments in the Philippines

PLC recently appointed Asian Pacific Investments LLC [API] with offices in Honolulu Hawaii as their marketing partner for the Lancaster Brand of Philippine Condotel Buy-to-Let Investments.

Ken Lee of API an International Real Estate specialist company, recently looked at the Philippines on behalf of several private investors and investments trusts in Hawaii, specifically the Lancaster Suites Condotel developments in Metro Manila and Cebu.

Asian Pacific Investments is a boutique commercial real estate brokerage firm specializing in assisting clients with the acquisition and disposition of properties in the Philippines. Whether you are a buyer, owner, or tenant, we provide comprehensive services, advocacy, and attention to detail that give you a high level of comfort.

API lead broker, Ken Lee, said “We are real estate valuation and advisory services specialists, committed to the delivery of fully integrated services by establishing seamless working relationships with clients and striving to structure our products to global standards and meet client’s expectations. API is also a big proponent of cooperating with other professionals in the industry. Unlike many of the larger firms, we believe in leveraging the relationships of other industry professionals to assist its clients in meeting their acquisition or disposition needs”

“Our mission is to operate a reputable and profitable enterprise by providing high quality comprehensive commercial real estate services to corporations, developers, institutions, funds and individuals. We strive to be the premier boutique real estate company in Hawaii and to provide exemplary service and consummate professionalism to our clients in the pursuit of fulfilling their real estate goals. We take pride in our commitment to excellence and the synergy we have created with our clients and colleagues. Asian Pacific Investments is dedicated to being the multi-family and investment real estate industry’s premier provider of sales advisory, market research and valuation services to meet the capital needs of investors and individual owners of multi-family apartments and investment properties” continued Lee.

Pacific Concord Properties recently introduced affordable easy payment plans for the Lancaster Atrium Manila Condo Hotel 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.

Where can you find a 350sqft Freehold Flat in the heart of Manhattan or Honolulu for only 50,000 Dollars and then get up to 14% per annum ROI from rental returns and 15% annual property appreciation. 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.

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 Condo-Hotel Suites, international offshore property investors need no longer worry about the security of their investments.

One of the drawbacks to purchasing property in the Philippines was that most overseas buyers of the real estate have become accustomed to normal home buyers standards like putting their money in escrow (which protects them if the developer does not deliver on its commitments) whenever they buy real property.

Pacific Concord Properties Inc., now sets that "International Standard' in the Philippines with the "Buy Safe Payment Policy" of Escrow Trust Account Banking with Equitable PCI Bank, one the Philippines largest Banks, for the purchase of a condo-hotel unit in either the Lancaster Suites Manila, Lancaster Atrium Manila or Lancaster Cebu developments.

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 said Collingz.

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 Branch Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Web: [Lancaster Condotels]
Web: [Lancaster Suites]
Web: [Lancaster Atrium]

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