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 amounts of international buyers from Europe and Australia. Some Units in Lancaster Suites Manila are has already been sold while the latest project was Lancaster The Atrium in Shaw Boulevard, Manila is 75 percent accomodated or booked and range from studio type to 3 bedroom suites with full kitchens. We already have demands from our great clients about the new 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 coming year, features studio, one-bedroom and two-bedroom condotel units, along with penthouse suites. Units will be designed for weekly, monthly or daily rental, Collingz said.
Collingz said, major condo project is being designed by the Company with numerous UK Investment Trusts and some local investors from Cebu. "We have got many clients that is requesting Luxury Condotel Suites in the Philippines willing to pay in advance for high end condotels," Collingz 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 popular features of a hotel you can use for vacations and rent out the units when not used
The newest and exciting luxury five-star properties or high end developments planned in Cebu Philippines, that is to be sold by invitation only and may start in the $150,000 to $200,000 range for Deluxe 500sqft Studios, can be all the way up to $600,000 for 2 bedroom Penthouse suites and $800,000 for a Grand Penthouse. Certainly, International gateways from Europe, South East Asian as well as the United States to Cebu-Mactan International Airport is at 15 minutes and, all units have sea views, beach toys as well as other lifestyle amenities like spa and fine dining restaurants and may come fully fitted, furnished and handle for the highest European standards with fully fitted kitchens, fitted bedroom suites each unit will likely be sold including all appliances, split type central unit air-conditioning, plasma TVs' and state with the art communication and condotel management systems.
Units will likely be significantly larger in size than a typical hotel room yet still a far greater value 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 top quality Lancaster Mactan Resort Condotels will be near the new Cebu Convention Center and Cebu Airport terminal that's key, to good year-round occupancy numbers, she said. The square footage ranges from 700 square feet to 1,800 square feet for one and two bedroom suites or higher than 3,000 square feet split level penthouse suite.
Why can't we build, and sell, a - Trump or Ritz Carlton Quality Condotel - within the Philippines and have the same buyers in the Philippines that flock to buy lifestyle developments all over the world enthuses Collingz.
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 coming year, features studio, one-bedroom and two-bedroom condotel units, along with penthouse suites. Units will be designed for weekly, monthly or daily rental, Collingz said.
Collingz said, major condo project is being designed by the Company with numerous UK Investment Trusts and some local investors from Cebu. "We have got many clients that is requesting Luxury Condotel Suites in the Philippines willing to pay in advance for high end condotels," Collingz 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 popular features of a hotel you can use for vacations and rent out the units when not used
The newest and exciting luxury five-star properties or high end developments planned in Cebu Philippines, that is to be sold by invitation only and may start in the $150,000 to $200,000 range for Deluxe 500sqft Studios, can be all the way up to $600,000 for 2 bedroom Penthouse suites and $800,000 for a Grand Penthouse. Certainly, International gateways from Europe, South East Asian as well as the United States to Cebu-Mactan International Airport is at 15 minutes and, all units have sea views, beach toys as well as other lifestyle amenities like spa and fine dining restaurants and may come fully fitted, furnished and handle for the highest European standards with fully fitted kitchens, fitted bedroom suites each unit will likely be sold including all appliances, split type central unit air-conditioning, plasma TVs' and state with the art communication and condotel management systems.
Units will likely be significantly larger in size than a typical hotel room yet still a far greater value 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 top quality Lancaster Mactan Resort Condotels will be near the new Cebu Convention Center and Cebu Airport terminal that's key, to good year-round occupancy numbers, she said. The square footage ranges from 700 square feet to 1,800 square feet for one and two bedroom suites or higher than 3,000 square feet split level penthouse suite.
Why can't we build, and sell, a - Trump or Ritz Carlton Quality Condotel - within the Philippines and have the same buyers in the Philippines that flock to buy lifestyle developments all over the world enthuses Collingz.
About the Author:
Visit our website for real estate investment guide and get the free home selling tips.
No comments:
Post a Comment