| Cebu buy-To-Let Condo | Condotel Buy-to-Let Condominium market in Cebu still growing
The condominium investment market in Cebu is growing, according to a Condotel Marketing Company.
 Beth Collingz, PLC International Marketing Networks Sales Director, and lead marketing partners for Pacific Concord Properties’ Lancaster Brand of Condotels in the Philippines, said most buyers of their units were overseas Nationals who view real estate as a good investment.
Pacific Concord recently launched Lancaster Cebu, its third condotel condominium project after the Lancaster Suites and Lancaster Atrium Manila. Of 165 units “we have already sold 40 percent to private investors and currently operating 42 condotel suites” Collingz said during a Cocktail Party for arriving guests held at the Lancaster Cebu Poolside.
The demand for Condotel condominiums led the company to expand its Cebu based operations, which they hope to start second quarter-2010.
Read More >> |
|
| Lancaster Cebu Package Tours | Lancaster Cebu Condotel launches package tours
 Lancaster Cebu serviced Condotel flats, a few minutes from Mactan International Airport in the central Philippines, a major jump off point for island tours, are 2 hours from some of the Philippines Top Beaches and Dive Spots.
Bohol Panglao Island, a mere 30 min drive and 2 hour ferry ride from Cebu, has become a favorite destination for beach lovers with soft white sand great diving sites. Alona Beach Panglao with 800 m long sand stretch has many hotels, restaurants and diving centers. Doljo Beach Panglao is secluded with shallow water whereas Cabilao Island on the west coast of Bogol has excellent diving sites and clear water. High Season from October – June. Low Season from July – September. Inclusive 4 Day/3 night packages at either Bohol Beach Club or Alona Beach Resort for 2 persons start from Pesos: 35,900.00 nett including breakfast, round trip transfers and full day Bohol Island Tour and 3 day/2 nights at Lancaster Cebu as the arrival and departure point.
Bantayan Island, a 3 hour drive and short boat ride from Lancaster Cebu, is well-known for its powder white sand beach and turquoise water along the southwest coast. It has a friendly and laid-back ambience where you can really relax and enjoy the scenic beauty. The beaches around Santa Fe are alluring. High Season from October – June. Low Season from July – September. Inclusive 5 Day/4 night packages at the Kota Beach Resort, Sta. Fe, for 2 persons start from Pesos: 24,600.00 nett including breakfast, round trip private car and boat transfers and 3 day/2 nights at Lancaster Cebu as the arrival and departure point.
Read More >> |
|
| Cebu Condotel buy-To-Let Investments | Lancaster Cebu Condotel releases Buy to Let Investment Packages
A leading property investment marketing company believes the Philippines is one of the best places to buy rental income property at the moment.
The current economic environment in the US and Europe has left investors wary about where to put their money due to recession and high inflation, according to Beth Collingz, overseas sales director of PLC International, lead marketing partners for Pacific Concord Properties Lancaster brand of condo hotel developments in the Philippines.
US and European economic woes are affecting a key sector of the Philippines residential property market but it is hoped the shortfall will soon be picked up by increasingly affluent Filipinos seeking investment opportunities as well as new overseas investors. The number of Philippines properties being bought by Filipinos based in the US and other countries has began to fall because of the global credit crunch. 'It is a blow but not significant as there are new investment clients out there and we do not focus on the US as a sole marketplace for our sales,' said Collingz. 'Many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in real estate. Many are looking for investments that will give them an income for retirement. Savvy investors are now looking for a more solid investment with potential for monthly income and Philippine Condo Hotel investments are ideal because Hotel rates in the Philippines are the same if not more expensive than those in the US but the entry level to purchase real estate is only about 10% of what you would have to pay for a Studio in Manhattan,' she added.
Read More >> |
|
| Lancaster condotels Manila | Lancaster Condo Hotels Manila launches property leasing and Management Company
 Pacific Concord Properties, Inc. (PCPI) Lancaster Brand of Condotels in Manila, Philippines, in response to popular clamor coming from customers, lessees and patrons alike, who are not availing the Condo Hotel pooled rental program, have established a subsidiary in the name of Pacific Concord Property Management, Inc. (PCPMI) that is especially designed to manage condo leasing services
Beth Collingz, PLC International Marketing Networks sales director and lead marketing partners for the Lancaster Brand of Condotels in the Philippines said should clients wish to have their Lancaster Suites units managed leased, PCPMI provides innovative and efficient Leasing and Property Management Services which include the following:
Read More >> |
|
| Philippine Housing Market | Philippine housing market buy-to-let demonstrates resilience
 In the darkest days of the credit crunch, some doomsters claim was made so regularly, you might have believed it. This was that buy-to-let was dead, a victim of a housing boom that had turned to bust and the days of the Philippines resurgence as an overseas investment opportunity were supposedly numbered. “Bye-bye Philippines buy-to-let” was an irresistible headline. We now know reports of any decline in Philippine rental real estate or the so called ‘Buy-to-Let” market were exaggerated. PLC International, a Manila based Condotel Marketing Company, reports a 40% increase in demand for rental income property – concentrated around the £35,000 mark – from professionals such as solicitors, accountants and doctors investing for the first time.
In the UK, "investors are once again moving to new areas to find value and 100% financing" said Beth Collingz, Global Marketing Director of PLC International. "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 2009 well into 2010.
“A lot of this interest is being driven by the relatively cheap market prices in the Philippines compared to Europe and the 100% financed 12 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, give a projected ROI on their investments of some 8% depending upon the mode of payment for the unit”
Read More >> |
|
The LancasterSuites