Lancaster Atrium Manila Condotel launches 15 year payment terms

Beth Collingz, PLC International Sales Director and lead Marketing Partners for Pacific Concord Properties Inc’s Lancaster Brand of Philippine Condotels announced that Lancaster Atrium Suites are now available on 15 year payment terms
By: Beth Collingz
 
April 5, 2009 - PRLog -- Anyone Considering Philippine Real Estate Investments Should Move Now

The 15 year payment terms provide for 50% of the purchase price of the unit to be paid over 4 years without interest and the remaining 50% over 11 years which can be partially or fully offset from income on the Condotel rentals. Units may also be purchased on a 5 Year No Interest Charge Term of payment. Turnover of units Lancaster Atrium will be from December 2011

All payments will be made to Lancaster Atrium Banco de Oro Unicapital Escrow Trust Account. It is anticipated; given the track record on sales of Tower I Units that property appreciation for buyers of Atrium Units will be at least 60-70% on turnover of units.
Lancaster Atrium Condo Hotel investment power point presentations are available for download from…

http://www.lancastersuites.com/index.php?option=com_remository&Itemid=26&func=select&id=13

The new 15 year payment plan is open to all buyers of Lancaster – The Atrium Studio Condotel Suites whether local or foreign, is so easy to process and provides for Executive Deluxe Studio [Semi Fitted] Condotel Suites to be purchased with initial Reservation payment of -Php-25,000.00 [Contract Price -Php-3,521,960.00] then 48 consecutive monthly payments of -Php-29,869.87 [No Interest for first 4 years] and thereafter 132 consecutive monthly payments of -Pph-35,990.94 to complete the balance of the purchase price. Although there is a Lock-in Period of ten (10) years and other conditions require monthly installments shall be covered by post dated checks – this new payment plan will very popular with overseas Filipinos looking to purchase investment property back home in the Philippines

The Lancaster Atrium Manila 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 overseas investors 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.

Lancaster Atrium Executive Studio Suites
Price Effective: April 16, 2009 [Semi Fitted Suites]

Lancaster Atrium Executive Studio Suites. Floor Area 28.17 square meters [304sqft]. Total Purchase Price -Php-3,052,726.56 [Including Sales Tax]. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck.

The Current Offer for an Executive Studio Suite provides that it may be purchased with an initial Reservation -Php-25,000.00 and Balance Payable without interest over 60 consecutive equal monthly payments of –Php-50,462.11.

Alternatively Save –P-183,163.60 by making initial Reservation -Php-25,000.00 then within 30 days a 30% Net Discounted Down Payment of –Php-726,654.37 and Balance payable without interest over 60 consecutive equal monthly payments of –Php-35,323.48.

Lancaster Atrium Executive Studio Suites are also available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 48 equal consecutive monthly installments without interest and the 33% balance of the contract price 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...

Pay the initial -Php-25,000.00 Reservation for a 28.17sqm [304sqft Executive Semi-Fitted Studio [Contract Price -Php-3,052,726.56 including Sales Tax] then 48 consecutive monthly payments of -Php-42,262.02 with balance of -Php-999,149.76 either payable in cash on turnover or to be financed over another 60 months payment plan.

Cash Payment option; take a full 20% discount on the contract price [Save -Php-610,545.30]. Effective Cash Price -Pph-2,442,181.24. Make the initial Reservation payment [-Php-25,000.00] and within 30 days pay 90% [-Php-2,175,463.12] the remaining 10% [-Php-241,718.12] on unit turnover.

Lancaster Atrium Semi Fitted Executive Studio Suites
New 15 Year Payment Plan

The new Fifteen [15] Year Payment Plan provides for the Executive Studio [Semi Fitted] Condotel Suites to be purchased with an initial Reservation payment of -Php-25,000.00 [Contract Price -Php-3,052,726.56] then 48 consecutive monthly payments of -Php-25,861.83 [No Interest for first 4 years] and thereafter 132 consecutive monthly payments of -Pph-31,161.56 to complete the balance of the purchase price.

Lancaster Atrium Executive Studio Deluxe Suites
Price Effective: April 16, 2009 [Semi Fitted Suites]

Lancaster Atrium Executive Deluxe Studio Suites. Floor Area 32.50 square meters [350sqft]. Total Purchase Price -Php-3,521,960.00 [Including Sales Tax]. These units are either facing towards Ortigas Center overlooking Pasig towards Laguna de Bay and Antipolo or overlooking Mandaluyong, Makati and towards Manila Bay or Swimming Pool Deck.

The Current Offer for an Executive Deluxe Studio Suite provides that it may be purchased with an initial Reservation -Php-25,000.00 and Balance Payable without interest over 60 consecutive equal monthly payments of –Php-58,282.67.

Alternatively Save –P-209,817.60 by making the initial Reservation -Php-25,000.00 then within 30 days a 30% Net Discounted Down Payment of –Php-839,270.40 and Balance payable without interest over 60 consecutive equal monthly payments of –Php-40,797.87.

Lancaster Atrium Executive Deluxe Studio Suites are also available on affordable and competitive New Payment Plan that provides for Executive Suites to be purchased on a No Interest No Down Payment basis with 67% of the payment payable over 48 equal consecutive monthly installments without interest and the 33% balance of the contract price 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...

Pay the initial -Php-25,000.00 Reservation for a 32.50sqm [350sqft Executive Semi-Fitted Studio [Contract Price -Php-3,521,960.00 including Sales Tax] then 48 consecutive monthly payments of -Php-48,811.73 with balance of -Php-1,153,996.80 either payable in cash on turnover or to be financed over another 60 months payment plan.

Cash Payment option, take 20% discount [Save -Php-704,392.00]. Effective Cash Price -Pph-2,817,568.80. Make the initial Reservation payment [-Php-25,000.00] and within 30 days pay 90% [-Php-2,513,311.20] the remaining 10% [-Php-279,256.80] on unit turnover.

Lancaster Atrium Semi Fitted Executive Studio Suites
New 15 Year Payment Plan

The Fifteen [15] Year Payment Plan provides for Executive Deluxe Studio [Semi Fitted] Condotel Suites to be purchased with an initial Reservation payment of -Php-25,000.00 [Contract Price -Php-3,521,960.00] then 48 consecutive monthly payments of -Php-29,869.87 [No Interest for first 4 years] and thereafter 132 consecutive monthly payments of -Pph-35,990.94 to complete the balance of the purchase price.

For a Copy of the Lancaster Suites PowerPoint Condotel Investment Presentation...

Copy and paste the following URL directly into your Web Browser
http://www.lancastersuites.com/index.php?option=com_remos...

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PLC International Marketing Networks, with its internet based Global Agency, are the lead marketing partners with Pacific Concord Properties Inc for the Lancaster Brand of Condotels in the Philippines

PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City. Metro Manila. Philippines
Phone: Manila [+632] 717 1958
Fax: Manila [+632] 718 1828

Pacific Concord Properties Inc., Cebu Office
Lapu-Lapu City, Mactan. Cebu. Philippines
Phone: Cebu [+6332] 340 0721
Fax: Cebu [+6332] 495 4938
Email: plcsales@lancastersuites.com
Web: http://www.lancastersuites.com [Lancaster Condotels]
Web: http://www.condotel-sales.com [Lancaster Atrium Manila]
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