Advantages in Investing in the Lancaster Brand of Condotels

Philippines (SANEPR.com) September 16, 2008 -- The condotel units in Manila are near Ortigas Center, the new Wall Street of the Philippines. These will be perfect units for executives to stay at when traveling on business from China, Japan, Europe and the U.S.

The contotel units in Cebu are 3 minutes from Mactan-Cebu International Airport there. Cebu is one of the most visited tourist destinations in Asia. It's like the Caribbean of Asia, visited by people all over the world, for it's beautiful beaches, warm climate and friendly people.

These units are all professionally managed by one of the largest real estate development firms in the Philippines. Even if you never visit the Philippines, you will have a risk-free investment that will produce regular monthly income, or you can sell later for a good return.

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”…..

A Condominium Hotel or “Condotel” combines the convenience of a residential condo with the amenities of a hotel. Unit owners in a “Condotel” may opt to join the rental pool where he signs with a professional hotel management team who will convert the project into a world class hotel / serviced apartment. A serviced apartment is run just like a hotel but guests usually stay on a long term basis. For the tenant, this means savings since he is not charged a daily rate nor does he have to put up a security deposit like in a regular apartment.

Aside from real estate appreciation, unit owners receive a steady monthly income based on the size of their unit regardless of whether said unit was leased or not. This is because the hotel management will pool together the total income of the entire hotel and distribute this to unit owners net of any expense.

This makes the investment cost efficient and practically risk free. 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 the professional hotel management operator. Unit owners can sit back, relax, and wait for their monthly rental income from anywhere around the world.

Investors choose the condotel route for different reasons. Some enjoy ownership of real estate, with attractive amenities someone else maintains for them. Others look at the potential the long-term appreciation value, with little investment of time and attention, offering them the financial stability that may one day afford them the ability to enjoy retirement.

Beth Collingz

Director - PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard. Mandaluyong City.
Metro Manila. Philippines 1552
Phone: Manila [63 2"> 717 1958
Fax: Manila [63 2"> 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

http://www.lancastersuites.com
http://www.condotel-sales.com
http://www.condotel-manila.com
http://www.condotel-cebu.com