UK Investors look at Lancaster – The Atrium Manila Philippine Buy-to-Let Property Investments with 100% Financing and 6% ROI Guaranteed Rental Income
Buy to Let Property Investors are looking to new markets all over the world, and Philippine Apart-Hotel or Condo-Hotel pre-completion rental properties fit the bill a new report states
PLC International Marketing Networks has revealed that some institutional investors are trying to diversify their property portfolios from depressed markets in Eastern Europe - with the Philippines heading the list.
In the UK, "investors are moving to new areas to find value and 100% financing" said Beth Collingz, Global Marketing Director of PLC International Marketing Networks based in Metro Manila and Cebu in the Philippines. "More and more of clients for buy-to-let Condo Hotel Investments are coming from the UK. Due to the continued lack of financing in the US and the UK there has been a distinct market shift towards Philippine investment properties over the past few months and we see that trend continuing throughout 2011 well into 2012.
“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe and the 100% financed 3 year easy payment options available for our pre-completion Condo Hotel 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 Condo Hotel Investments where they can use the Condo for vacations and rent it out through our In-House Condo Hotel Management when they are not using the unit thereby gaining rental incomes that on today’s purchase prices at Lancaster – The Atrium Manila offer 6% ROI Guaranteed Rental Income depending upon the mode of payment for the unit”
Metro Manila remains a popular choice with international buyers and institutional investors. Collingz says clients tell her that it makes more sense to buy in a year-round vacation destinations and business centers. Lancaster - The Atrium Condo Hotel developments by Pacific Concord Properties located in Shaw Boulevard, Metro Manila - fits the bill with all it offers to International buyers.
Accessibility is also a factor. “Flights from London to Manila, for example, average just 16 hours, add to that the many airline specials and it’s easy to see why this area 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.
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 and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.
Collingz said 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]