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All  >   Phillipines  >   Boracay   >   Ad:  For Sale in Boracay

property OWN A CONDOTEL IN BORACAY PHILS - real estate - Phillipines

OWN A CONDOTEL IN BORACAY PHILS
Investment
For Sale
Boracay
Phillipines
PHP 3500000

22/03/2008
Free Ad

Own a Boracay Condotel and earn Did you know that BORACAY makes it again to Travel s TOP 10 World s Best Beaches( travel. /beaches)? The island paradise welcomes over 400,000 local and foreign visitors each year from all over the world Own a Crown Regency Resort Boracay Condotel and have an opportunity to earn when you rent it out to tourists who go to Boracay. It’s only 5 minutes away from Caticlan Airport. While you are enrolled in condotel operations, you get 45 days FREE stay (Transferrable, Valid for one year and is non-cumulative) or you can also choose to exchange it with 2,000 Interval International affiliated hotels and resorts ( .intervalworld ) PLUS you get 7-day FREE stay at Club Ultima or any Crown Regency operated hotels nationwide annually You may also choose to sell the 45 45-day FREE stay / year with an option to sell or use is worth US 4,500 (Php 218,250). Based on current 4-star hotel rate in Boracay GREAT AMENITIES * a. Largest swimming pool in Boracay about 3,000 sqm, (Leisure pool and Performance Pool) * b. Lobby / Concierge * c. Viewing Deck * d. Function Halls (for 1,000 pax) * e. Bar Area * f. Breakfast Lounge * c. Coffee Shop * d. Commercial Area * e. Commercial Spaces for Concessionaires * f. Scenic Elevator * g. RoofDeck Projected Net Income at I. At 80 Occupancy Rate 320 days 80 occupancy = 256 days X US 100 / day = US 25,600 Deduct approx. 50 as anagement fee, taxes, incentive bonus = US 12,800 (PhP 620,800) II. At 70 Occupancy Rate 320 days 70 occupancy = 224 days X US 100 / day = US 22,400 Deduct approx. 50 as anagement fee, taxes, incentive bonus = US 11,200 (PhP 543,200) III. At 60 Occupancy Rate 320 days 60 occupancy = 192 days X US 100 / day = US 19,200 Deduct approx. 50 as anagement fee, taxes, incentive bonus = US 9,600 (PhP 465,600) Price: PhP 3.5 M (US 81,500) Floor Area: 33sqm (377 sqft) Downpayment: Php100,000 (USD2,350) CALL NOW JULIE LABITAG Mobile: 639178053429 Email: jplabitag messenger: julier_21 .housesphilippines .flickr /photos/housesphilippines



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