Luxury_Condotels_Planned_in_Cebu_Philippines

Document Sample
Luxury_Condotels_Planned_in_Cebu_Philippines Powered By Docstoc
					Title:
Luxury Condotels Planned in Cebu Philippines

Word Count:
566

Summary:
PLC International together with UK based Investors, announce New Condo
Hotel developments planned in Cebu, Philippines


Keywords:
Luxury Condotels Planned in Cebu Philippines, Condotel Investments in the
Philippines, Cebu Condo Hotel, Condotel Cebu, Buy to Let Property,
International Real Estate, Offshore Property Investments, Overseas
Property, Philippine Real Estate Investment


Article Body:
Beth Collingz, PLC International Marketing Director, lead marketing
partners for Lancaster Brand of Condotels in the Philippines, said the
company's latest sale of condotel units drew not only overseas Filipinos
but significant numbers of international buyers from Europe and
Australia. Units in Lancaster Suites Manila are sold out whilst their
latest project, Lancaster The Atrium at Shaw Boulevard, Metro Manila is
75% booked and range from studios to three-bedroom penthouse suites with
full kitchens. We now have demand from our clients for new, luxury high
end condotel development in Cebu Collingz said.

Owners of Lancaster condotel units can arrange to stay in their units and
they share 60% of any rental income. The Lancaster Atrium together with
the soon completed and upcoming operations of Lancaster Suites Manila,
one of the hottest real estate investments in the Philippines, will be
the hub for Lancaster condotels in the Philippines. The 42-story
Lancaster Suites Manila, scheduled for operations this year, features
studio, one-bedroom and two-bedroom condotel units, as well as penthouse
suites. The units will be available for daily, weekly or monthly rental,
Collingz said.

Collingz said a major condo hotel project is being considered by the
Company with several UK Investment Trusts and local investors in Cebu,
Philippines. "We've got so many clients requesting Luxury Condotel Suites
in Cebu willing to advance payments for high end luxury condotels," she
said. "It's a whole new era of Overseas Investments coming up -- it's not
something that we've typically seen in the past and no one in the
Philippines fully caters to this high end luxury lifestyle market. (These
Investors) are all characteristically looking for a five star hotel
resort, with all the features of a hotel that can be used for vacations
and then rent out the units when not in use

The new and exciting luxury five-star properties or high end developments
planned in Cebu Philippines, that will be sold by invitation only and
will start in the $150,000 to $200,000 range for Deluxe 500sqft Studios,
can go all the way up to $600,000 for 2 bedroom Penthouse suites and
$800,000 for a Grand Penthouse. Of course, International gateways from
Europe, South East Asian and the United States to Cebu-Mactan
International Airport is within 15 minutes and, all units have sea views,
beach toys and other lifestyle amenities such as spa and fine dining
restaurants and will come fully fitted, furnished and finished to the
highest European standards with fully fitted kitchens, fitted bedroom
suites and every unit will be sold including all appliances, split type
central unit air-conditioning, plasma TVs’ and state of the art
communication and condotel management systems.

Units will be significantly larger in size than a typical hotel room yet
still a much better value for money investment option than paying
$800,000 for a studio suite in maybe Dubai or Panama or a cool million
dollars for a condo in Chicago.

The planned high end Lancaster Mactan Resort Condotels will be near the
new Cebu Convention Center and Cebu International Airport which is key,
to good year-round occupancy numbers, she said. The square footage can
range from 700 square feet to 1,800 square feet for one and two bedroom
suites or more than 3,000 square feet split level penthouse suite.

Why can’t we build, and sell, a - Trump or Ritz Carlton Quality Condotel
- in the Philippines and get the same buyers into the Philippines that
flock to invest in lifestyle developments around the world enthuses
Collingz

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:3/24/2012
language:
pages:2
About Filocity brings together all of the the document and project management tools that you need to manage your business. An online pdf editor, convert to pdf and pdf bookmaker makes document management even easier than ever before. Upload forms and marketing pieces, fill out, digitally sign and share. An online bookmaker gives you the power to select documents, graphics and excel spreadsheets and create a pdf book or proposal to share with clients or prospects. The power of Filocity makes document and project management simple and affordable.