How To Take Advantage Of The Phillipine Real Estate Boom

Cebu is located 365 miles south of Manila and can be reached in an hour via air travel, it is in the east of Negros Oriental, southwest of Leyte and northwest of Bohol. Strategically situated at the heart of the Visayas, it serves as the jump-off points to satellite destinations in the Visayas-Leyte, Samar, Dumaguete and Siquijor and Mindanao islands – Cagayan de Oro, Camiguin and Surigao del Norte. It is positioned as a resort and convention destination.

Beth Collingz, International Advertising Director of PLC Global, the lead advertising and marketing partners for Pacific Concord Properties Inc’s Lancaster Brand of Condotels in the Philippines said Cebu has a proven capability and economic track record. It is the second largest city and undoubtedly the fastest growing economy in the country. It leads in exports of item such as furniture, fashion accessories, carrageenan, electronic products, etc.

Due to the fact of its deep-water harbor, Cebu is the base of the country’s domestic shipping. 80% of the country’s main shipping firms are based in Cebu. Likewise, with the Mactan Cebu International Airport, Cebu is an accessible gateway to southern Philippines. It allows effortless movement of domestic and international travelers and trading connections. Presently, direct flights are obtainable for destinations such as Singapore, Narita, Seoul, Hong Kong, Kota Kinabalu and Qatar. Chartered flights are also obtainable for Incheon, Kansai, Kaoshiung, Taipei and Nagoya.

Taking benefit of the Actual Estate Boom, Collingz said Pacific Concord Properties Inc is expanding its Operations for the Lancaster Brand of Condotels in the Philippines and has acquired by buy an additional 27 units in its Lancaster Cebu Resort Residences adding another 75M pesos to its project inventory and expansion program. This brings the number of properties held in the development to 75 suites with yet another 120 units to be added prior to year end for Condo Hotel rental operations.

Property is all about LOCATION said Collingz. Mactan, Cebu, provides one with both the laid back pace of provincial living, as nicely as prerequisites of the urban dweller. Schools, hospitals, restaurants, shopping malls, and leisure are all found on the island itself.

Lancaster Cebu Resort Residences, located a mere three minutes from Mactan-Cebu International Airport, supplies you with effortless access to all the essentials of urban living. This ideal location will complement the Condotel operation considering that Lancaster Cebu will function as a condominium hotel a preferred accommodation choice of businessmen and holiday travelers alike.

Clients can either purchase Condotel Suites for investment purposes or lease the units on weekly, monthly or yearly basis. We have Totally Furnished Executive Studio Suite and Two-Bedroom Suites offered for sale at Lancaster Cebu Resort Residences at Pre-Boost Prices that will be ready for occupancy from December 2007 at the present price. Fully furnished Studio Suites are priced at -Pph-2,753,924.06 whilst, totally furnished 2 BR Loft Sort Suites are priced at -Pph-five,467,004.14 and may also be bought with an initial Reservation Fee of only -Pph-100,000.00 with the Balance Payable without interest over 24 consecutive equal monthly payments. Totally Furnished Suites numerous also be purchased on Five Year Payment Terms by way of our no qualification In-Home Finance Offered with 15% Down Payment added Collingz

Lancaster Cebu Resort Residences is also offering Studio and 2-Bedroom Totally Furnished Ready for Occupancy Suites on daily, weekly, monthly or yearly lease rental terms. Whilst some renovation works are still ongoing within the complex, unit rentals are now accessible to guests at ‘Special Promo Rates’