Buy To Let Rental Properties

Condotel Investment in the Philippines, Buy to Leave property is now preferred over Pension plans that fail as more and more Filipinos and Overseas Property Investors seek the future and retire.

Buy to Let Rental Properties

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20 Dollars a day for 6 years will buy you a Studio Condotel unit in the Philippines with a projected ROI through rent of around 500 dollars per month after 3 years. With pre-construction properties valued at around 20-30% per year not only does Real Estate Appreciation look good but rental income exceeds what many Pension Packages offer for the same or similar investment.

Buy to Let Rental Properties

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With many Overseas Filipinos and Offshore Investors wanting to start saving for retirement, the Philippines with low but comparative real estate costs from high Hotel Accommodations, makes Condotel investment a very attractive investment proposition.

Buy to Let Rental Properties

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Beth Collingz, International Marketing Director for PLC Global, a company specializing in the Sale and Investment of Condo Hotels in the Philippines for Lancaster Brand of Condotels, said that many new investors are looking to replace failed pensions and other future savings schemes with solid investments . in Real Estate.

Buy to Let Rental Properties

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“Many of my clients are looking for investments that will provide them with income for retirement as an alternative to the failed traditional private pension program. Personally, I always regard the Pension Plan as a glorified ‘Pyramid Scheme’. Most company pension plans are not sufficient as Government Pension. Bank interest rates for savings accounts are at record lows. Savvy investors are now looking for more solid investments with monthly income potential. Condos in the Philippines fit the bill ”

Buy to Let Rental Properties

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This potential, high rental return rates from Condotel Investments, currently from 8% to 16% per year, opens up large markets that are not traditionally seen by Real Estate Agents and Brokers who often run like headless chickens looking for a normal “buyer” profile housing without seeing a much bigger picture of investments, investments and pensions.

Buy to Let Rental Properties

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“We view Condotels as pure investment. Not primarily as Real Estate. If you see the Condo Hotel market as an investment for future income, and think out of the ordinary, it’s clear to see that Condotels is not only a real estate investment but more important is income-producing property. Think of Condotels as Managed Retirement Plans. After all, a Condotel unit is a fully managed property. Property owners don’t have to bother renting out units and competing with all the normal pitfalls of being an amateur landlord. This is handled by the Condo Hotel Management, “Collingz said.

Buy to Let Rental Properties

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“One of my clients from Chicago just bought 4 Studio Condotel Suites in Lancaster – The Atrium Manila which is currently in pre-construction sales. The plan is to retire in the Philippines in 2012, stay in one of the suites and receive Condotel rental income in the other three. Spending on purchases is only about 85 Dollars a day for 6 years by choosing to buy at 6 years without prequalification, without a down payment, without an interest payment plan. Even before completing payments for these units, he will receive about $ 1,500 per month in rental income in addition to the Government Pension Plan or Private Companies. Even better, rental income is in line with inflation and buying with pre-construction conditions gives real estate appreciation around 60-80% over 3 years. When Hotel Rates increase every year, rental income also increases ”

Buy to Let Rental Properties

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Foreigners are legally permitted to buy as much as 40% of the total number of condominium units on the market at any given time. Overseas Filipinos and a growing number of foreigners are now emerging as a market for condotel units. Many of our clients come from various countries such as South Korea, Australia, Britain, Saudi Arabia and other parts of the Middle East, “Collingz said.

Buy to Let Rental Properties

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Lancaster – The Atrium Tower II [which is the second Tower adjacent to the existing “Sold Out” Tower I) now accepts Reservations for Studio, One, Two & Three Bedroom Suites that adopt the “Safe for Buyers” International Standard Escrow Trust Account Secure Secure Payment Package … with the terms of interest free payment of 6 years or available financing “In-House” for up to 12 years, full condo ownership, no management fees for Condotel Suites and minimum monthly maintenance fees – “You must take a moment to see this Philippines Condotel Investment Opportunities “said Collingz.

Buy to Let Rental Properties

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All units at Lancaster Suites have kitchen facilities. A standard unit price allows the suite to be completed but incomplete. Included in the current price are interior finishing such as tile & bathroom fitting, bedroom with simulated wooden plank flooring, living room and dining room floor and lower kitchen / work cabinet floor attached. Additional optional complete interior packages including equipment will be available as the unit gets closer to completion by the end of 2009. Monthly condominium contributions are currently around 80 pesos / square meters of unit floor area / month.

Buy to Let Rental Properties

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The Lancaster Atrium Suites is now available with a very affordable and competitive New Payment Package that provides Suites to be purchased on a No Interest No Down Payment basis with 67% payment being paid more than 60 consecutive monthly installments with no interest and 33% balance paid on at the time of unit change or must be paid for 5 years from the turnover through our complexity without pre-qualification “In-House” Financial Plan …

Buy to Let Rental Properties

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Current selling price [effective March 1, 2007] for Lancaster Manila Atrium Tower A Tax-free Studio units are Pesos 75,888 or $ 1,615.00 per square meter. One Bedroom, Two and Three Bedroom Suites are priced at Peso 84,994.56 or $ 1,808.80 per square meter including Government Tax [R-Pp 12%]. Units can be purchased for a period of Six Years with no interest fees, or long-term “In-house” financing plans. Turnover of units for Tower A will be from December 2009/2010.

Buy to Let Rental Properties

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All payments will be made to Lancaster Suites Manila Atrium Tower, A Equitable PCI Bank Escrow Trust Account. This is anticipated, given the Tower I Unit sales track record that property appreciation for early buyers of Atrium Tower A Unit will be at least 60-70% in unit turnover.

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Beth Collingz

PLC International Marketing Network

Buy to Let Rental Properties

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