Financing Your Condo Hotel Unit in the Philippines

A condo hotel is a great way to own a vacation home without the traditional hassles of ownership such as property maintenance and finding renters when you're not using it with Philippine Buy-to-Let Condo-Hotel Rooms for 0% Down Selling Like Hot Cakes in the UK.

In just a few weeks, Philippine condo-hotel room investment specialists PLC International have sold almost �4 million worth of luxury hotel rooms at Lancaster - The Atrium Manila. Buy to let investors keen on finding outstanding finance deals have been attracted to the 12 year payment offer of 100% finance. These condo-hotel rooms can be bought for as little as andpound;35,000 and are expected to generate 14%+ ROI.

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 Condotels in the Philippines said the new 12 year payment plan, that is open to all buyers of Lancaster - The Atrium Condo Hotel 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 *50% is payable in 48 equal monthly installments without interest, and the remaining balance payable in 96 equal monthly installments (from 49th to 144th month) with interest at 18% per annum on the 50% balance only.

The Lancaster Suites Manila Atrium 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.

Pacific Concord Properties Lancaster Condotel developments have been accepted as property investment projects in the UK SBQ property and Land SIPP portfolio after extensive research provided through an independent firm of Business Management and Marketing Consultants with all due diligence completed by independent UK Solicitors. The UK based SBQ Property and Land SIPP [Self Invested Pension Plan] portfolio is being handled by our UK marketing partners Graham Stuart and Associates said Collingz and is a low cost tax efficient structure that has been designed for those people who want to take control of their pension savings and are looking for a strategy that will generate an income any time after the age of 55.

Graham Stuart of Graham Stuart and Associates, based in Bolton UK said SBQ Property and Land SIPP portfolio now includes Philippine Condo Hotel rental income properties within its allowable framework as accepted investments in the [SIPP] Self-Invested Personal Pension Plans. It's a tax efficient pension strategy for UK investors in Philippine condotel investments for entrepreneurial minds.

Stuart said some of the benefits of the SIPP is you can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes [SASS] into the SIPP. You can have a SIPP as well as contribute to your Company pension fund. If you are self employed you can invest up tom 100% of your earnings [up to GBP andpound;225,000.00] into to SIPP. On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through their tax return and with a SIPP you can draw an income from your personal pension fund and continue working.

The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts - and a SIPP is simply another form of trust. "Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. While land and housing prices in the U.K. have soared astronomically in the past decade, the world real estate market is a far different story. It's still possible to buy a preconstruction Condotel suite at Lancaster - The Atrium located in Metro Manila, Philippines, from only GBP andpound;35,000.00" said Collingz.

With the impending slowdown of the UK. housing market and failing pension plans, many investors are turning to using their SIPP's to invest in overseas properties and earn tax-free or tax-deferred income. This creates an outstanding opportunity for by offering self-directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units.

The SBQ Property and Land SIPP is regulated by the FSA and administered by an independent SIPP trustee Company. It provides a simple "tax efficient wrapper" for those wanting to maximize their own pension planning strategy. The carefully selected property investments within the portfolio have all due diligence carried out by an independent firm of UK Solicitors who handle the purchase process.

Philippine condotel investments can also be purchased without using a SIPP. For further info regarding Philippine Condo Hotel Investments using your UK SIPP [Self-Invested Pension Plan] please do not hesitate to contact us....