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Follow on Google News | Lancaster Condo Hotels Manila launch property leasing and Management Company for long term rentalsPacific Concord Properties Lancaster Brand of Condotels in Manila, Philippines, have established a subsidiary in the name of Pacific Concord Property Management, Inc. (PCPMI) especially designed to manage condo leasing services for long term rentals
By: Beth Collingz Option 1 – Leasing: 1. Advertise your unit for lease in various newspapers, magazines and internet. 2. Screen potential tenants and accompany them in your unit for viewing. 3. Negotiate the best deal possible in leasing your unit. 4. Prepare, sign (via the SPA), notarize, and administer the Contract of Lease. 5. Collect the advance lease rental, security deposit, and monthly lease rental and forward the same to the Unit Owner. 6. All other unit related concern on maintenance, unit inspection, move-in and move out of tenant and other related services shall be turned over by PCPMI to the Unit Owner upon receipt of the Contract of lease together with the deposits and monthly lease rental. Leasing Fee: For its services, PCPMI will charge you a Leasing Fee of 10% of the total lease rental (net of 12% VAT) during the term of the lease if the lease term is less than one (1) year. However, if the lease term is one (1) year or more, the Leasing Fee shall be one (1) month for every year. The Leasing Fee (net of 12% VAT) shall payable in advance. The Leasing Fee shall be payable upon signing of the lease contract and payment of the advance rental, security deposit and issuance of post-dated checks to cover the monthly lease rental during the duration of the term or for a maximum of one (1) year. Leasing Fee for the subsequent years shall be payable on the first month of the lease term. PCPMI may collect its fees directly from the tenant, which funds may come from the advance rental and/or security deposit or from the monthly rental (applicable for the subsequent yearly lease term). As such, amount to be remitted to the Unit Owner is already net of PCPMI’s Leasing Fee. Option 2 – Leasing and Property Management: 1. Advertise your unit for lease in various newspapers, magazines and internet. 2. Screen potential tenants and accompany them in your unit for viewing. 3. Negotiate the best deal possible in leasing your unit. 4. Prepare, sign (via the SPA), notarize, and administer the Contract of Lease. 5. Collect the advance lease rental, security deposit, and monthly lease rental. 6. Collect the electricity and water charges, association dues, and telephone charges and remit the same to the appropriate parties. 7. Act as a custodian of the checks issued by the tenant for the advance rental, security deposit and monthly lease rental and deposit them in the local account of the Unit Owner as they fall due. Applicable bank charges, if any, shall be for your account. However, if the Unit Owner does not have a local account, PCPMI may assist the Unit Owner in opening one. 8. Coordinate with the tenant on your behalf on matters concerning maintenance, unit inspection, move-in and move out of tenant and other related services. Cost of maintenance, repairs and other attendant expenses shall be for the account of the unit owner or the tenant, as applicable. 9. Coordinate with local government offices with regard to the payment of real estate taxes of the unit. All taxes and expenses shall be for the account of the unit owner. 10. Other related property management services. Leasing and Property Management Fee: For its services, PCPMI will charge you as follows: a. Leasing Fee of 10% of the total lease rental (net of 12% VAT) during the term of the lease if the lease is term is less than one (1) year, however if the lease term is one (1) year or more, the Leasing Fee shall be one month for every year. b. Property Management Fee of 10% of the monthly lease rental (net of 12% VAT), payable in advance depending on the duration of the lease term, not to exceed one (1) year. The Leasing Fee and the Property Management Fee shall be payable upon signing of the lease contract and payment of the advance rental, security deposit and issuance of post-dated checks to cover the monthly lease rental during the duration of the term or for a maximum of one (1) year. Leasing Fee and Property Management Fee for the subsequent years shall be payable on the first month of the lease term. PCPMI may collect its fees directly from the tenant, which funds may come from the advance rental and/or security deposit or from the monthly rental (applicable for the subsequent yearly lease term). As such, amount to be remitted to the Unit Owner is already net of PCPMI’s Leasing Fee. Lancaster Suites, Shaw Boulevard, Manila Condo Hotel are also offering fully furnished Studio, One Bedroom, Two Bedroom and Three Bedroom units a few minutes from Ortigas Center, SM Mega Mall and Shangri-La Mall, on daily, weekly or monthly rental terms. Lancaster Suites Manila is the epitome of luxury and convenience. Each suite is lavishly and beautifully appointed, designed with plush interiors constructed to highest industry standards. Guest room amenities include complimentary breakfast and daily newspaper, cable television, broadband internet connection, in-room safety deposit box and electronic door lock system. Bathtubs are standard in all Condotel suites as are kitchen and dining facilities. For short term reservations, guests can simply send us an email with the dates you will be staying. Payment can be made in advance by telegraphic transfer/bank remittance or in cash/credit card upon check in said Collingz. PROMO Room Rates April 1, 2009 – October 31, 2009 This promo is good for reservations made for short or long term stay until October 31, 2009. All rates include Buffet Breakfast for 2pax [Studio/1-Bedroom Suites] or 3pax [2/3-Bedroom Suites], Utilities, Electricity and Water consumption, Tax and Service Charges. Daily Rates in Philippine Pesos [PPH] - 1 Night Promo Rates Junior Suite Studio Pph 2,960.00 Executive Suite 1BR Pph 3,788.00 Deluxe Suite 2BR Pph 5,030.00 Premier Deluxe Suite 2BR Pph 5,380.00 Lancaster Suite 3BR Pph 6,410.00 Weekly Rates in Philippine Pesos [PPH] - 7 Night Promo Rates Junior Suite Studio Pph 18,648.00 Executive Suite 1BR Pph 23,863.00 Deluxe Suite 2BR Pph 31,689.00 Premier Deluxe Suite 2BR Pph 33,894.00 Lancaster Suite 3BR Pph 40,383.00 Inclusions: * Complimentary Breakfast [Studio/One/ * Complimentary Daily Newspaper * Complimentary Bottled Water * Complimentary Use of Swimming Pool * Complimentary Car Parking [One Slot/room for In-House Guest only] Non-hotel guest –Pph-20.00/ * All rooms have Cable TV * Broadband [Internet access –Pph-300.00/ * Wi-Fi Internet Access in Lobby Coffee Shop [Internet access –Pph-100 per hour charges apply] * All units at Lancaster Suites have kitchen facilities and basic appliance * Scheduled shuttle service from Hotel to and from SM Mega Mall Ortigas Center * Manila International or Manila Domestic Airport Transfers: Car -Pph-1,200.00 Van -Pph-1,800.00 per trip. For your Reservation simply send us an email with the dates you will be staying. We do not require any advance or security deposit for reservations. Payment can be made in cash/credit card upon check in. 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, 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., 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 Web: http://www.lancastersuites.com Web: http://www.condotel- Web: http://www.condotel- End
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