The Latest Condo-Hotel development by Pacific Concord Properties Inc., in Mactan. The Lancaster Cebu Resort Residences, offering completely fitted, fully furnished ready for occupancy Studio & 2 Bedroom Condo units for sale on up to 5 year payment terms.
Great Investment for Fil-Am's & other Overseas Filipinos whom visit Cebu for Vacations as they can earn Rental Incomes of up to some 12-14% ROI per annum as Owner/Non Residents when not using their units through Condotel Management and reciprocal arrangements with the Lancaster Suites Manila. This makes Lancaster Cebu one of the Hottest Investment Opportunities in the Philippines.
A unique concept in Condo-Hotel ownership responding to Cebu 's high demand for Hotel Rooms, and Serviced-Apartments due to a thriving Tourism Industry.
Lancaster Cebu Resort Residences located in Mactan, Cebu, will operate as an Airport Condominium Hotel usually a preferred residence of choice for Businessmen and Holiday Travelers alike...
What could be more perfect than owning a vacation home in Cebu and receiving rental income whenever you aren't using it?
The condominiums can be purchased as vacation homes to buyers whom would probably only occupy the units no more than one month per year.
In normal circumstances the unit owner pays the 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 the ownership of a 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.
Because of the additional superior features and services provided by the hotel, residential units are normally valued 15 to 20 % higher than same size residential units without added hotel features and amenities....
The Executive Studio Model Unit for Lancaster Cebu Resort Residences [Floor Area 36.5625 sqm 390 sqft] was recently opened to the public. Featuring exactly what the studio unit will look like, the Model unit exemplifies the finest that Cebu has to offer together with all necessary amenities required for day to day living.
Units at Lancaster Cebu Resort Residences are fully fitted and fully furnished. Standard finishes include wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted plywood for the ceilings.
Furniture’s and Fixtures will include a 3-seater sofa, lamps, either a queen size or 2 single beds, complete Kitchen cabinet system with counter and bar stools. All bathrooms will have full bathtubs, toilet, and bathroom sink and bathroom fixtures. Studio units will come equipped with a 21” color TV set, 2-HP Split type Air Conditioning, 2.7 cu ft ref, water heater, Stove, a Microwave Oven, a Toaster Oven and a Rice Cooker. The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware.
The 2-BR units will also come equipped with similar basic equipment but adjusted to the size of the unit.
Since Lancaster Cebu will be operated as a full service Condotel, unit owners also enjoy full hotel services such as 24-hour telephone operator service, a local PABX telephone line in each unit (no need to apply for your own landline), 24 hour housekeeping service, laundry pickup on demand, even as a resident. Unit owners in the rental pool enjoy totally hassle-free CONDOTEL management. They need not worry about unpaid electricity bills, unpaid rent, and other problems so common in conventional leasing. All concerns, down to the payment of electricity bills and utilities are taken cared of by professional hotel management. The Lancaster Suites unit owners can sit back, relax, and wait for their monthly rental income from anywhere around the world.....
All units at Lancaster Cebu Resort Residences are fully fitted and fully furnished. Standard finishes include simulated wooden floors for the living and sleeping areas, ceramic tiles for the kitchen and bathroom floors, painted plastered cement for the walls and painted ply board for the ceilings.
Executive Studio Suite: Floor Area 36.5625 sqm (390 sqft) Furniture’s and Fixtures will include: * 3-seater sofa * Lamps * One queen size or 2 single beds * Kitchen Cabinets and bar stools * Bathtub, toilet and bathroom sink Appliances and Equipment will include: * 21” color TV set * 2HP Split type aircon * 2.7 cu ft ref * 8-gallon water heater * Gas Stove * Microwave Oven * Toaster Oven * Rice Cooker The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware.
Executive Two Bedroom Suites Floor Area 65.74 sqm [710 sqft] Furniture’s and Fixtures will include: * 3-seater sofa * Lamps * One queen size & 2 single beds * Kitchen Cabinets and bar stools * Bathtub, toilet and bathroom sink Appliances and Equipment will include: * 21” color TV set * Split Type Air-Conditioning System * 2.7 cu ft ref * 8-gallon water heater * Gas Stove * Microwave Oven * Toaster Oven * Rice Cooker The unit will also include all bedroom linens, bathroom and kitchen towels, kitchen utensils as well as all china and glassware.
Unit Prices:
Executive Studio 36.5625sqm [395sqft] $1507.00/sqm USD 55,099.69
2 Bedroom Suite 65.14sqm [700sqft] $1,664.00/sqm USD 109,391.36 [Price List Effective May 1, 2006]
Prices For Lancaster Cebu Resort Residences Fully Furnished Units Effective May 1, 2006
Available Now Open Units... Regular Payment Terms Lancaster Cebu Resort Residences Executive Studio Suite
Fully Furnished Studio Suite 36.5625sqm [395sqft] $1,507.00/sqm USD 55,099.69. These units, clustered in 4 Buildings of 5-Storeys each and 1 Building of 6-Storeys, may be purchased with an initial Reservation Fee USD 1,820.00 Balance Payable without interest over 24 consecutive equal monthly payments of USD 2,219.99 [Tax Inclusive]. Alternatively Save USD 2,131.18 by making the Reservation USD 1,820.00 then within 30 days 40% Net Down Payment of USD 19,180.69 Balance payable without interest over 24 consecutive equal monthly payments USD 1,332.00. Another option, Pay Cash take a full 10% discount [Save USD 5,509.96] Pay the Reservation Now [USD 1,820.00] and Balance within 30 days [USD 47,769.72] for an Effective Total Cash Price of USD 49,589.72
Fully Furnished 2 BR Loft Suite 65.74sqm [710sqft] $1,664.00/sqm USD 109,391.36. These units, clustered in 4 Buildings of 5-Storeys each and 1 Building of 6-Storeys, may be purchased with an initial Reservation Fee USD 1,820.00 Balance Payable without interest over 24 consecutive equal monthly payments of USD 4,482.14 Tax Inclusive. Alternatively Save USD 4,302.85 by making the Reservation USD 1,820.00 then within 30 days 40% Net Down Payment of USD 38,725.69 Balance payable without interest over 24 consecutive equal monthly payments USD 2,689.28. Another option, Pay Cash take a full 10% discount [Save USD 10,939.14] Pay the Reservation Now [USD 1,820.00] and Balance within 30 days [USD 96,632.22] for an Effective Total Cash Price of USD 98,452.22
Beth Collingz Director-PLC International Marketing Networks
Pacific Concord Properties, Inc.,
Lancaster Cebu Resort Residences
Lapu-Lapu City, Mactan, Cebu. Philippines.
Email: plcsales@pldtdsl.net
Website: http://www.lancastercebu.coms.ph
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