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Jun-19-2008 08:59
INTERNATIONAL REAL ESTATE NEWS - JUNE 2008
FOREIGN INVESTMENT Investment to Double in Gulf Region The number of major global investors in the
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May-06-2008 09:26
FOREIGN BUYERS ARE SNAPING UP AMERICAN REAL ESTATE
Foreign Buyers Snap up U.S. Real Estate; Falling Prices, Weak Dollar Aid Purchases — USA Today
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Dec-09-2007 13:26
U.S. HOUSING MARKET MAY CONTINUE SLUMP INTO 2008
Dec. 7 (Bloomberg) -- The biggest surge by homebuilders was ``sparked by misplaced optimism'' because President
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Jul-19-2007 08:33
INTERNATIONAL REAL ESTATE NEWS UPDATE
FOREIGN INVESTMENT Invest in America In March, the U.S. Department of Commerce International Trade Administration
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| TOP (481) :Asia (18) : Phillipines (8)
New Furnished Studio and 2-bedroom Condos in Condo Hotel in Cebu, the Philippines
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| Property Group | Residential | | Property Type | Condominium | | Built | 2006 | | Price | US$ 116,295
For Sale |
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| Location | Cebu | | Nearest City | Cebu | | Living area | 65.14 sq/m | | Bedrooms | 2 | | Bathrooms | 2 | | Living Rooms | 1 |
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| | For further details contact
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
Listing has been viewed 1177 times |
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REFL Lancaster-Cebu
ONLY A LIMITED NUMBER OF UNITS STILL AVAILABLE - SCHEDULED FOR APRIL 2007 OCCUPANCY!!!
The Latest Condo-Hotel development by Pacific Concord Properties Inc., in Mactan. The Lancaster Cebu Resort Residences, a Philippine Condotel Investment Opportunity.... offering completely fitted, fully furnished ready for occupancy Studio & 2 Bedroom Condo units for sale on up to 5 year payment terms. Great Investment for Fil-Am's & other Overseas Filipinos whom visit Cebu for Vacations as they can earn Rental Incomes of up to some 12-14% ROI per annum as Owner/Non Residents when not using their units through Condotel Management and reciprocal arrangements with the Lancaster Suites Manila. This makes Lancaster Cebu one of the Hottest Investment Opportunities in the Philippines. We are also pleased to announce that an additional 120 Fully Furnished Executive Studios & 2 Bedroom Suites will be opened For Sale.
A unique concept in Condo-Hotel ownership responding to Cebu's high demand for Hotel Rooms, and Serviced-Apartments due to a thriving Tourism Industry. Lancaster Cebu Resort Residences located in Mactan, Cebu, will operate as an Airport Condominium Hotel usually a preferred residence of choice for Businessmen and Holiday Travelers alike... Project Completion Schedule & Condotel Operations: Completion of Lobby, Reception, Concierge, Sports Bar, Children’s Pool & Deck, Swimming Pool, Bar & Sundeck, Coffee Shop… September-October 2006, Soft Launch of Condotel Operations from October 2006 with full Condotel Operations to commence April 2007
The condominiums can be purchased as vacation homes to buyers whom would probably only occupy the units no more than one month per year. In normal circumstances the unit owner pays the maintenance and upkeep of the unit for the entire year without deriving any benefit. However in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making the ownership of a unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit, with all the services provided, by day, week or month. Because of the additional superior features and services provided by the hotel, residential units are normally valued 10 to 20 % higher than same size residential units without added hotel features and amenities
The Executive Studio Model Unit for Lancaster Cebu Resort Residences [Floor Area 36.5625 sqm 390 sqft] was recently opened to the public. Featuring exactly what the studio unit will look like, the Model unit exemplifies the finest that Cebu has to offer together with all necessary amenities required for day to day living.
Units at Lancaster Cebu Resort Residences are fully fitted and fully furnished. Standard finishes include wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted plywood for the ceilings. Furniture’s and Fixtures will include a 3-seater sofa, lamps, either a queen size or 2 single beds, complete Kitchen cabinet system with counter and bar stools. All bathrooms will have full bathtubs, toilet, and bathroom sink and bathroom fixtures. Studio units will come equipped with a 21” color TV set, 2HP split-type Air Conditioning, 2.7 cu ft ref, water heater, Stove, a Microwave Oven, a Toaster Oven and a Rice Cooker. The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware. The 2-BR units will also come equipped with similar basic equipment but adjusted to the size of the unit.
Since Lancaster Cebu will be operated as a full service Condotel, unit owners also enjoy full hotel services such as 24-hour telephone operator service, a local PABX telephone line in each unit (no need to apply for your own landline), 24 hour housekeeping service, laundry pickup on demand, even as a resident. Unit owners in the rental pool enjoy totally hassle-free CONDOTEL management. They need not worry about unpaid electricity bills, unpaid rent, and other problems so common in conventional leasing. All concerns, down to the payment of electricity bills and utilities are taken cared of by professional hotel management. The Lancaster Suites unit owners can sit back, relax, and wait for their monthly rental income from anywhere around the world
All units at Lancaster Cebu Resort Residences are fully fitted and fully furnished. Standard finishes include simulated wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted ply board for the ceilings.
Executive Studio Suite: Floor Area 36.5625 sqm (390 sqft) Furniture’s and Fixtures will include: * 3-seater sofa * Lamps * One queen size or 2 single beds * Kitchen Cabinets and bar stools * Bathtub, toilet and bathroom sink Appliances and Equipment will include: * 21” color TV set * 2HP Split-type aircon * 2.7 cu ft ref * 8-gallon water heater * Gas Stove * Microwave Oven * Toaster Oven * Rice Cooker The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware.
Executive Two Bedroom Suites Furniture’s and Fixtures will include: * 3-seater sofa * Lamps * One queen size & 2 single beds * Kitchen Cabinets and bar stools * Bathtub, toilet and bathroom sink Appliances and Equipment will include: * 21” color TV set * Split Type Air-Conditioning System * 2.7 cu ft ref * 8-gallon water heater * Gas Stove * Microwave Oven * Toaster Oven * Rice Cooker The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware.
Available Now Open Units... Regular Payment Terms
Lancaster Cebu Resort Residences Executive Studio Suite
Price Effective January 1, 2007 (Low Down Payments to Reserve Units)
Fully Furnished Executive Studio 36.5625sqm [395sqft] $1507.00/sqm USD 58,609.69
Fully Furnished 2 Bedroom “Loft-Type” Suite 65.14sqm [700sqft] $1,664.00/sqm USD 116,294.06
SPECIAL TEN YEAR PAYMENT PLAN:
Lancaster Cebu Fully Furnished Studio Suites 10 Year Payment Plan
The New Ten [10] Year Payment Plan for the fully fitted Lancaster Cebu Resort Residences Executive Studio [Fully Furnished] Suite provides for units to be purchased with a Reservation of only -Pph-100,000.00 for a 36.5625 sqm [395sqft] Studio [Contract Price -Pph-2,753,924.06 ] and 20% down payment of -Pph-530,785.00 payable within 30 days, then the remaining balance is payable by 120 consecutive monthly payments of only -Pph-38,256.00 to complete the purchase price of the unit. Executive Studio Suites on this payment plan will be ready for occupancy and open for enrollment in the Condotel Rental Pool within 6 months from the receipt of the required down payment.
Lancaster Cebu Fully Furnished Two Bedroom Suites 10 Year Payment Plan
Price quoted in Philippine Pesos: February 15, 2008
The New Ten [10] Year Payment Plan for the fully fitted Lancaster Cebu Resort Residences Two Bedroom ‘Loft-Type’ [Fully Furnished] Suite provides for units to be purchased with a Reservation of only -Pph-100,000.00 for a 65.74sqm [710sqft] Two Bedroom unit [Contract Price -Pph-5,467,004.14] and then a 20% down payment of -Pph-1,073,400.00 payable within 30 days, and the remaining balance is payable by 120 consecutive monthly payments of only -Pph-77,354.00 to complete the purchase price of the unit. Two Bedroom Suites on this payment plan will be ready for occupancy and open for enrollment in the Condotel Rental Pool within 6 months from the receipt of the required down payment.
For full imformation, current pricing and available units, please email us. |
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