Beth Collingz, PLC International Marketing Networks Sales Director and lead Marketing Partners for Pacific Concord Properties Inc’s Lancaster Brand of Philippine Condotels anticipates substantial increases in construction costs over the next 18-24 months will force developers in the Country to make adjustments to their selling price for new condo developments going up in Manila and other cities.
Now is the time to invest in Philippine Real Estate 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.
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.
Great Investment for Fil-Am's whom visit Manila for Vacations or Business as they can earn Rental Incomes [at current purchase levels] of some 8%-14% ROI per annum as Owner Non-Residents when not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines.
All units at the 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 & 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 80 pesos/square meter of the unit floor area/month.
Lancaster Suites Tower I Studio Condotel Suite. Floor Area 27.49 square meters [295sqft] Price: -Pph-3,198,585.85 [Tax Inclusive] and may be purchased with an initial Reservation Fee of -Pph-25,000.00 then 30% Down Payment [less 10% discount of –Pph-95,207.57 on the down payment amount] of -Pph-856,868.45 within 30 days and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-51,690.67
Pay Cash; take a full 20% discount on the contract price. Save -Pph-639,717.37 Effective Cash Price –Pph-2,558,869.48. Pay the initial Reservation Fee of -Pph-25,000.00 then balance of the net discounted contract price within 30 days [-Pph-2,533,869.48]
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including all required items of Condo Hotel furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for Studio Suites ranging from -Pph-403,715.00
Lancaster Suites Manila Tower 1 - One Bedroom Suite. Floor Area 41.80sqm [450sqft] Price -Pph-4,863,620.61 [Including Tax] may now be purchased with an initial Reservation Fee of -Pph-25,000.00 and then within 30 days a minimum 30% Down Payment [less 10% discount of –Pph-145,158.61 on the down payment amount] of -Pph-1,306,427.56 and balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-78,810.37.
Alternatively, Pay Cash, and take a full 20% discount on Contract Price. Save -Pph-972,724.12. Effective Cash Price 3,890,896.49 by paying the initial Reservation Fee of -Pph-25,000.00 then within 30 days the net discounted cash purchase price [-Pph-3,865,896.49]
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite "Fit-Out" package including all required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom Corner Suites ranging from USD -Pph-604,000.00.
Lancaster Suites Tower 1 Manila One Bedroom Bi-Level Condotel Unit. Floor Area 46.40 square meters [500sqft] Price: -Pph-5,398,851.58 [Including Tax] may be purchased with a Reservation of -Pph-25,000.00 then 30% Down Payment [less 10% discount of –Pph-161,215.54 on the down payment amount] of -Pph-1,450,939.93 and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-87,528.09
Pay Cash. Take a 20% discount on Purchase Price, Save -Pph-1,079,770.32 for an Effective Cash Price -Pph-4,319,081.26 by paying the initial Reservation Fee of -Pph-25,000.00 then within 30 days the net discounted cash purchase price [-Pph-4,294,081.26]
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel "Fit-Out" package including required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is now available for One Bedroom Suites ranging from USD -Pph-650,000.00.
Lancaster Suites Tower I Two Bedroom "Bi-Level" Suite. Prime unit overlooking the Wack Wack Golf Club, Shaw Boulevard and the Ortigas Center [Morning Sun]. Floor Area of 64.33 square meters [695sqft] Price: -Pph-7,485,088.84 [Including Tax] may now be purchased with an initial Reservation Fee of -Pph-25,000.00 and within 30 days a 30% Down Payment [less 10% discount of –Pph-223,802.66 on the down payment amount] of -Pph-2,014,223.99 and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-121,508.25
Pay Cash. Take a 20% discount on Purchase Price, Save -Pph-1,497,017.77 for an Effective Cash Price -Pph-5,988,071.07 by paying the initial Reservation Fee of -Pph-25,000.00 then within 30 days the net discounted cash purchase price [-Pph-5,963,071.07]
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condo Hotel Suite "Fit-Out" package including required items of furniture's, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware's, linens etc is available for Two Bedroom ‘Loft Type’ Suites ranging from USD -Pph-897,000.00.
Lancaster Suites Tower I Three Bedroom "Bi-Level" Condotel Suite. Prime unit overlooking the Wack Wack Golf Club, Shaw Boulevard and the Ortigas Center [Morning Sun]. Has a total Floor Area of 79.36 square meters [855sqft]. Total Purchase Price: -Pph-9,233,897.88 [Including Tax] may now be purchased with an initial Reservation of -Pph-25,000.00 and within 30 days a [minimum] 30% Down Payment [less 10% discount of –Pph-276,266.93 on the down payment amount] of -Pph-2,486,402.43 and the resulting balance [with interest applied at 14% per annum] payable over 60 equal consecutive monthly installments of -Pph-149,992.46
Pay Cash. Take a 20% discount on Purchase Price, Save -Pph-1,846,779.58 for an Effective Cash Price -Pph-7,387,118.30 by paying the initial Reservation Fee of -Pph-25,000.00 then within 30 days the net discounted cash purchase price [-Pph-7,362,118.30]
For clients intending to enroll units in the Condo Hotel Rental Pool a complete Condotel Suite “Fit-Out” package including all required items of furniture’s, furnishings, appliances, air-conditioning, kitchen utensils, dinnerware’s, linens etc is now available for Three Bedroom Suites ranging from USD -Pph-1,093,277.91.
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