Condotel Investment Philippines
Beth Collingz, overseas sales director of PLC International Marketing Networks and lead marketing partners for Pacific Concord Properties Inc Lancaster brand of Condo-Hotels in the Philippines said the SICO Properties Group of accredited estate agents provide services to investors from the UK who want to put their investments in Philippines, especially the Lancaster Suites Condotels located in Metro Manila and Cebu, where the unit owner not only gain from property appreciation but receive a rental income through the Lancaster Suites Condotel Management representing some 8-14% ROI on their investments.
Lancaster Condo-Hotels, Metro Manila and Cebu, Philippines, provide resident unit owners with more facilities than regular Condominiums. Condotel Owners enjoy benefits and privileges of Hotel Services in a Residential environment and earn competitive, managed, Rental Income whilst not using their unit said Collingz
Lancaster condominiums can be purchased as either vacation homes to buyers whom would probably only occupy the units no more than one month per year or as investment real estate or Buy to Let Rental Income Properties. In normal circumstances the unit owner pays maintenance and upkeep of the unit for the entire year without deriving any benefit. However, in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making ownership of a condotel unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit with all the services provided by day, week, or month.
Anyone considering Philippine Real Estate Investments should move now and lock in at current price levels said Collingz who’s Lancaster Condo Hotel brand offer the security of International Standards of Trust Account Escrow Banking facilities for all buyers’ payments. Buyers whom reserve now can take advantage of current prices locked in for their units and see an immediate equity return on their investment.
