Article Summary: Ready occupancy SIPP compliant fully furnished Condotel suites in Manila are now available on 10 year payment plans giving investors immediate rental income on their investments and going some way to self-liquidating monthly purchase installments.
(c) Beth Collingz
Beth Collingz, PLC International Marketing Networks Sales Director and lead Marketing Partners for Pacific Concord Properties Inc's Lancaster Brand of Philippine Condotels said now is the time to invest in Philippine Real Estate and lock in ready occupancy condotel suites at current price levels. Buyers whom reserve now can take advantage of current prices and 10 year payment terms and see an immediate equity return on their investment.
Lancaster Suites Tower I, located along Shaw Boulevard, Metro Manila, now completed and ready for occupancy, provides unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool with projected Rental Incomes [at current purchase levels] of some 8% ROI per annum.
Collingz said all units at Lancaster Suites have kitchen facilities. The standard unit price provides for the suite to be semi-finished but not fully furnished. Included in the current price are the interior finishing's such as tiled and semi-fitted bathrooms, bedrooms with simulated wood plank flooring, semi-fitted living and dining area with simulated wood plank floorings and lower kitchen cabinets/work tops installed. Walls and ceilings are painted cement finish. A complete optional extra interior fit-out package including unit fittings and fixtures, furniture's, furnishings, air-conditioning, lighting fixtures and appliances are available. Monthly condo dues or maintenance fees are currently around 85 pesos/square meter of the unit floor area/month.
Collingz said that 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 usiness 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 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.
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 ready occupancy fully furnished Condotel suite at Lancaster Suites Manila from only GBP andpound;38,000.00" said Collingz.
"The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. A GBP andpound;38,000 Condotel suite may set you back only GBP andpound;250 in property taxes per year, and maintenance costs are similarly low. When you add in the tax-protected status of investments made in your IRA, and projected 8% returns through rental income, you have a steady ROI on a purchase of Philippine Condotel investment real estate" enthused Collingz.
What's the downside about owning Philippine Condotel Investment real estate as an SIPP investment? You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. The self directed pension plan rules about benefiting personally from your investments are strict - you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax-protected status and worse yet you could face penalties from HM Customs and Excise. You can, however, rent out your SIPP investment for steady income - putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP.
If you're looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. It can help kick your SIPP earnings into high gear. With the crash 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 ready occupancy units.
Collingz says many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. "Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Most company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts are at record lows. Savvy investors are now looking for a more solid investment with potential for monthly income. Condotels in the Philippines fit the bill"
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/index.php?option=com_remositoryandItemid=26andfunc=selectandid=13
For further info regarding Philippine Condo Hotel Investments using your UK SIPP [Self-Invested Pension Plan] please do not hesitate to contact us:
PLC International Marketing Networks
Article Source: http://www.upublish.info
About the Author:
Beth Collingz
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City.
Metro Manila. Philippines
Phone: Manila [632] 717 1958
Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [6332] 340 0721
Email: plcsales@pldtdsl.net
Email: plcmarketing@lancastersuites.com
Web: http://www.lancastersuites.com
Web: http://www.condotel-manila.com
Keywords: Beth Collingz, condotel investments, investment properties, condo, hotel, condotel rentals, vacation homes
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