Pacific Concord Properties Lancaster – The Atrium Manila Construction well under way
The Lancaster Atrium Condotel development of Pacific Concord Properties Inc along Shaw Boulevard, Metro Manila is all set to be completed from December 2012 with construction well-advanced. Currently ‘topped’ off and with the ongoing enclosure of the 42 storey superstructure using a specially manufactured precast concrete wall cladding, it is expected to be operational by mid 2013.
Beth Collingz, PLC International Marketing Director, lead marketing partners of Pacific Concord Properties for the Lancaster Brand of Condotels in the Philippines, said despite the continuing financial crisis in many parts of the World, the company's latest sale of Guaranteed Rental Income Condotel units drew not only overseas Filipinos but significant numbers of international buyers from Europe, Australia, Canada and United States. Units in their latest project, Lancaster – The Atrium at Shaw Boulevard, Metro Manila, range from studio units to three-bedroom penthouse suites with full kitchens and are 70% sold. Condotel Model units will soon be completed and open for viewing by appointment.
Collingz said Pacific Concord Properties recently launched Guaranteed Rental Income [GRI] Investment Suites for the remaining units for sale at the Lancaster Atrium Condotel development. Lancaster Atrium Guaranteed Rental Income units come fully furnished, fully fitted to condotel standards with a guaranteed minimum rental income of –Pph-600/sqm per month for 5 years which represents a 6% ROI on the unit purchase depending upon the terms of payment selected by the buyer. Lancaster – The Atrium Executive Furnished Condotel Studio Suites. Floor Area 28.27sqm [298sqft] Cash Price -Pph-2,873,943.58. Installment Price -Pph-3,221,875.36 [Including Taxes] may be purchased with an initial -Pph-25,000.00 Reservation and Balance Payable without interest over 36 consecutive equal monthly payments -Pph-88,802.89. Lancaster Hotel issues a 5 Year minimum 6% ROI Condotel Rental Guarantee for all Studio Condo Hotel Suites.
The Lancaster Atrium Manila will provide unit owners with premier residential condo units with option of enrolling their units in the Lancaster Condotel Rental Pool which makes the Lancaster Brand a great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Guaranteed Rental Incomes [at current purchase levels] at a minimum 6% ROI per annum for 5 years as Owner Non-Residents when not using their units through Condotel Management enthused Collingz. All units at Lancaster Atrium have basic kitchen facilities. The GRI Condotel units are fully furnished and fitted ready for Hotel rental operations.
Further information on Philippine Condo-hotel investments may be obtained from:
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Direct Line: [+63 32] 340 0721
Cell Phone: 0916 650 9783 / 0922 858 7027
Cell Phone: International [+63] 916 650 9783 / 922 858 7027
Web: http://www.lancastersuites.com [Lancaster Condotel Investments]
Web: http://www.condotel-manila.com [Lancaster Suites Condotels]
Web: http://www.condotel-sales.com [Lancaster Atrium Condotel]
Labels: Buy to Let Property Philippines, Buy-to-Let Finance, Condotel Investment Philippines, Lancaster - The Atrium Manila Guaranteed Rental Income Condotel Investment, Philippine Real Estate Investments