Condotel or Condo Hotel Property Investments in the Philippines

Lancaster - The Atrium [the second Tower adjacent to the existing “Sold Out” operational Lancaster Suites Tower I] is accepting Reservations for Studio, One, Two & Three Bedroom Suites adopting International Standard Escrow Trust Account “Buyer Safe” Easy Secure Payment Plans… on a new 12 year “In-House” simple no prequalification developer financed Payment Plan.

Beth Collingz, PLC International Marketing Networks Director for Overseas Sales and Lead Marketing Partners with Pacific Concord Properties Inc., owner and developer of the Lancaster Brand of Condo Hotels in the Philippines said the new 12 year payment plan, that is open to all buyers of Lancaster - The Atrium Condotel Suites whether local or foreign, is so easy to process – merely having to make a *Reservation Fee of Philippine Pesos [PHP] 25,000 for each residential unit and parking slots, *No Down payment required and *35% is payable in 48 equal monthly installments without interest, *15% payable in 4 equal annual installments without interest, payable on the 12th, 24th, 36th and 48th month in addition to the regular monthly installments and the remaining *50% payable in 96 equal monthly installments (from 49th to 144th month) with interest at 18% per annum on the 50% balance only.

Although there is a *Lock-in Period: Eight (8) years and *Other Conditions require all installments shall be covered by post dated checks, whereby upon signing of the contract to sell the buyer shall issue at least twenty six (26) checks covering the first 24 monthly installments and 2 annual lump sums – this new payment plan will very popular with overseas Filipinos looking to purchase investment property back home in the Philippines.

Lancaster – The Atrium Tower A. Shaw Boulevard, Metro Manila.
Prices are quoted in Philippine Pesos [PHP]

Executive Studio Suites [Option 1 – Bare Unfinished Residential Suites] Price: February 15, 2008 - Twelve Year Payment Plan

Lancaster - The Atrium Tower A Executive [Bare Unfinished Residential Suites] Studio Suites. Average Floor Area 32.50 square meters [350sqft] at -Pph-67,888.00sqm. -Php-2,206,360.00 [Option 1]. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck.

The New Twelve [12] Year Payment Plan provides for [Bare Unfinished] Executive Studio Suites to be purchased with only a Reservation of -Php-25,000.00 for a 32.50sqm [350sqft Executive Studio [Contract Price -Php-2,206,360.00] then 48 consecutive monthly payments of only -Php-15,905.75 [No Interest for the first 4 years]. During the first 4 years there is an Annual Lump Sum payable on the anniversary of the reservation date of -Pph-81,801.00 and thereafter 96 consecutive monthly payments of -Pph-21,511.72 to complete the balance of the purchase price.

Executive Studio Deluxe Suites [Option 2 – Semi Fitted Condotel Suites] Price: February 15, 2008 - Twelve Year Payment Plan

Lancaster - The Atrium Tower A Executive Deluxe [Semi Fitted Condotel] Studio Suites. Average Floor Area 32.50 square meters [350sqft] at -Pph-75,888.00sqm. -Php-2,466,360.00. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck.

The New Twelve [12] Year Payment Plan provides for Executive Studio [Semi Fitted] Condotel Suites to be purchased with a Reservation of only -Php-25,000.00 for a 32.50sqm [350sqft Executive Studio [Contract Price -Php-2,466,360.00] then 48 consecutive monthly payments of only -Php-17,801.58 [No Interest for the first 4 years]. During the first 4 years there is a Annual Lump Sum payable on the anniversary of the reservation date of -Pph-91,551.00 and thereafter 96 consecutive monthly payments of -Pph-24,075.73 to complete the balance of the purchase price.

To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II 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 Rental Incomes [at current purchase levels] of some 12-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences enthused Collingz.

Collingz said units at Lancaster Suites have basic kitchen facilities. The standard unit price [Option 2 – Semi Fitted Suites] provides for the suite to be semi-finished but not fully furnished or fitted. Included in the current standard basic price for the ‘Semi-Fitted’ units are the interior finishing’s such as tiled & fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area tiled floorings and lower kitchen cabinets/work tops installed. Ceilings and walls are painted cement finish, whilst buyers can also avail of units on a Bare Unfinished basis [Option 1 – Bare Unfinished Units] for clients intending to fit-out their own suites or avail of the Condotel completion at a later date.

Further information may be obtained from:

Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc
Lancaster Suites Manila
Web: http://www.lancastersuites.com
EMail: plcsales@pldtdsl.net

The Lancaster Cebu Resort Residences Condotel & Residential Suites located a few minutes from Mactan-Cebu International Airport in the Philippines are now available on a new 10 year Payment Plan that provides for a down payment of 20% and the balance of the purchase price of the unit to be paid over 120 months which can be partially offset from income from Condotel rentals

Price quoted in Philippine Pesos: February 15, 2008

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 more information, specifications and reservations please do not hesitate to contact us:

Beth Collingz- Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Fax: Manila [632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan.
Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
Email: plcmarketing@smartbro.net
Email: plcsales@pldtdsl.net
Web: http://www.lancastersuites.com [Manila Condotel Investments]
Web: http://www.condotel-rentals.com [Cebu Condotel Rentals]
Web: http://www.condotel-cebu.com [Cebu Condotel Investments]

When traveling with family or large groups, hotel guests sometimes prefer adjoining rooms. Especially when traveling with kids, it is more convenient to open a door between rooms to deal with their needs, while still allowing some privacy. The same goes for those who rent condo hotels. Sometimes one unit just isn’t enough. The beauty of connecting condo hotel units as an available choice for investors is there is no limit how many units an investors can purchase.

Beth Collingz, International Director with PLC International Sales Networks, the lead marketing partners in the Philippines for Pacific Concord Properties Lancaster brand of condotels said “Better yet, purchasing Studio Condotel Suites at Lancaster – The Atrium in the Philippines for investment purposes are Tax Free”…..

Adjoining condo hotel units are positioned next to one another and separated by a connecting door. Many people prefer these units because of the flexibility in their use. Each individual unit in the pair contains its own Condominium Title deed. Therefore investors have the option of purchasing more than one if they choose. Choosing more than one can turn a one-room studio condotel into a two-room unit or a one bedroom suite. Owners may decide to purchase both with plans for utilizing one for personal use, and the other as rental property. Renting both, doubles revenue potential.

Collingz said that “the Lancaster – The Atrium Condotel in Manila includes connecting units partly due to requests by investors when deciding to go ahead and purchase two units instead of one since owning two allows more flexibility. It’s easier to resell a Studio. You can sell one if you need some ready cash and still keep the other unit for personal use or rental income”….
Lancaster Atrium Manila Tower A. Shaw Boulevard, Metro Manila.
Available Combined Studio Suites Units
Update January 30, 2008 [Option 2 - Semi Fitted Suites]

The Lancaster Atrium Tower A Suites are now available as Semi Fitted Suites on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification “In-House” Finance Plans…

The current selling price [effective January 15, 2008] for the Lancaster Atrium Tower A Tax Exempt Studio [Semi Fitted] Units is Philippine Pesos 75,888 per sqm. The One Bedroom, Two and Three Bedroom [Semi Fitted] Suites are priced at Philippine Pesos 84,994.56 per sqm including Government Taxes [R-Vat 12%]. Units may be purchased on a Six Year No Interest Charge Term of payment or longer term “In-House” financing plans.

Turnover of units for Tower A will be from December 2010

All payments will be made to the Lancaster Atrium Tower A Equitable PCI Bank Escrow Trust Account. It is anticipated, given the track record on sales of Tower I Units that property appreciation for initial buyers of Tower A Atrium Units will be at least 60-70% on turnover of units.

The Lancaster Atrium Suites are now available on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification “In-House” Finance Plans…

Combined Studio Units [Option 2 – Semi Fitted Suites]
Price: January 15, 2008

Lancaster Atrium Tower A selected Combined Studio Suites Floor Area 58.97 square meters [635sqft] at -Pph-75,888.00/sqm. -Php-4,475,115.36. These units are overlooking Swimming Pool Deck. The Current Offer for Combined Studio Suite provides it may be purchased with a Reservation Fee -Pph-50,000.00 and Balance then Payable without interest in 72 consecutive equal monthly payments of -Pph-61,459.94.

Alternatively Save -Pph-265,507.30 by making Reservation -Pph-50,000.00 then within 30 days a 30% Net Discounted Down Payment of -Pph-1,062,027.69 Balance payable without interest over 72 consecutive equal monthly payments of -Pph-43,021.95.

Lancaster Atrium Combined Studio Suites are available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and 33% balance of the contract price payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification “In-House” Finance Plans… Pay only -Pph-50,000.00 Reservation for a 58.97sqm [635sqft Combined Studio [Contract Price -Pph-4,475,115.36] then 60 consecutive monthly payments of only -Php-49,413.79 with the balance of -Pph-1,460,288.07 either payable in cash on turnover or to be financed over another 60 months payment plan…..

Cash Payment option, take 20% discount [Save -Pph-895,023.10] Reservation -Pph-50,000.00 then within 30 days pay 90% [-Pph-3,177,083.06] and the remaining 10% [-Pph-353,009.23] on unit turnover from December 2010

Combined Studio Deluxe Suites [Option 2 – Semi Fitted Condotel Suites] Twelve Year Payment Plan

The New Twelve [12] Year Payment Plan provides for selected Lancaster Atrium Tower A Combined Studio [Semi Fitted] Condotel Suites to be purchased with a Reservation of only -Php-50,000.00 for a 58.97sqm [635sqft Executive Studio [Contract Price -Php-4,475,115.36] then 48 consecutive monthly payments of only -Php-32,266.47 [No Interest for the first 4 years]. During the first 4 years there is an Annual Lump Sum payable on the anniversary of the reservation date of -Pph-165,941.83 and thereafter 96 consecutive monthly payments of -Pph-43,638.75 to complete the balance of the purchase price.

All Lancaster [Semi Fitted] Residential Suites Unit Features Include:

* Vitrified ceramic tiles in living, dining areas
* Ceramic tiles in kitchen and toilet and bath
* Toilets with mechanical ventilation
* Plastered cement walls and ceilings with painted finishes
* Provisions for split type air-conditioners

For a Copy of the Lancaster Suites Slide Show Presentation…
Copy and paste the following URL directly into your Web Browser
http://www.lancastersuites.com/lancastersuites-gallery/index.php

For further info please do not hesitate to contact us:

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 Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Fax: [6332] 495 4938
EMail: plcsales@pldtdsl.net
Email: plcmarketing@smartbro.net
Web: http://www.lancastersuites.com