Manila Investment Properties - written by Beth Collingz

The buyers are investors in hotel-condos, a real estate product that combines the flexibility of ownership of a condo in a hotel setting. Popular in the United States, Europe and the Middle East, hotel-condos are just starting to pop up in the Philippines for the first time.

Unlike simple condominiums - which owners can use as they please - hotel-condo units are both investment and residential units that can be used by their owners for up to 30 days per year. The plus is that the owners can invest in real estate while having access to hotel amenities like a spa, gym, room services. The remaining time, the units' owners return the rooms to a rentable pool run by the hotel. As the units are rented out, the owners receive a split of the income. Alternatively, unit owners can live permanently in their suites and enjoy hotel living 365 days a year.

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".....

Adjoining condo hotel units are positioned next to one another and separated only by a connecting door. Many people prefer these units because of the flexibility in their use. Each individual unit in the pair contains its own Condominium Title deed. Therefore investors have the option of purchasing more than one if they choose. Choosing more than one can turn a one-room studio condotel into a two-room unit. Owners may decide to purchase both with plans for utilizing one for personal use, and the other as rental property. Renting both, doubles revenue potential.

Collingz said that "the Lancaster - The Atrium Condotel in Manila includes connecting units partly due to requests by investors when deciding to go ahead and purchase two units instead of one since owning two allows more flexibility. It's easier to resell a Studio. You can sell one if you need some ready cash and still keep the other unit for personal use or rental income"....

The Lancaster Atrium Tower A Residential Suites are now available as Bare Unfinished Units for clients not intending to enroll their units in the Condotel Rental Pool or whom would like to fit out their own suites to individual design, on the very affordable and competitive New Payment Plan that provides for Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 60 equal consecutive monthly installments without interest and the 33% balance payable upon turnover of the unit or to be paid over an additional 5 years from turnover through our hassle free no prequalification "In-House" Finance Plans...

For a Copy of the Lancaster Suites Slide Show Presentation...

Copy and paste the following URL directly into your Web Browser http://www.lancastersuites.com/lancastersuites-gallery/index.php

For more info on Tax Free purchases please contact: