Mactan Serviced Apartments - Travelers to Cebu Philippines
Below is a MRR and PLR article in category Finance -> subcategory Investing.
Mactan Serviced Apartments: A Prime Destination for Travelers to Cebu, Philippines
Introduction
Lancaster Cebu Resort Residences (LCRR), a distinguished Condotel under Pacific Concord Properties Inc., is now welcoming guests at its Mactan, Cebu location. Managed by Lancaster Hotels, Land, and Properties, Inc. (LHLPI), LCRR began its rental operations in March 2007.
Investment and Expansion
Beth Collingz, International Marketing Director of PLC Global, an online sales and marketing agency, has announced the company's recent acquisition of additional units at Lancaster Cebu Condotel. This expansion, valued at 75 million pesos, enhances the project inventory, now featuring 75 suites. An additional 120 units are slated for completion by year's end.
Strategic Location
Collingz highlights the property's prime location in Mactan, Cebu, offering a blend of serene provincial life and urban conveniences. From schools and hospitals to restaurants and shopping centers, the area has everything residents and visitors need. Located just three minutes from Mactan-Cebu International Airport, Lancaster Cebu offers easy access to urban amenities, making it an ideal choice for both business and leisure travelers.
Accommodation Options
Lancaster Cebu functions as a condominium hotel, offering clients the option to purchase or lease Condotel Suites. Currently available are Executive Studio Suites and Two-Bedroom Suites, furnished and ready for occupancy by December 2007 at pre-increase prices.
Promotional Offers
To appeal to budget travelers, LHLPI is offering promotional room rates during the soft launch. Guests can stay in executive studio suites for as low as $35 per night or two-bedroom loft rooms for $65 per night, plus a 13% government tax. Discounted rates for monthly and yearly leases are also available.
Purchase Opportunities
Lancaster Cebu is also selling fully furnished Studio Suites, priced at PHP 2,753,924.06, with an initial reservation fee of PHP 100,000. The balance is payable over 24 interest-free monthly installments. The Executive Two-Bedroom Suite is available for PHP 5,467,004.14. Although some renovations are ongoing, the units are open for rental at special promotional rates.
Cebu: A Hub of Connectivity
Cebu City, known as the Queen City of the South, is a key trading and commercial hub outside Metro Manila. The Mactan-Cebu International Airport facilitates international arrivals from major cities such as Amsterdam, Frankfurt, and Singapore. Recognized by Asiaweek and Conde Nast Traveller, Cebu is one of Asia's Best Cities.
Beth Collingz
PLC International Marketing Networks
With its strategic location, diverse accommodation options, and attractive investment opportunities, Lancaster Cebu Resort Residences is an ideal choice for travelers and investors alike.
You can find the original non-AI version of this article here: Mactan Serviced Apartments - Travelers to Cebu Philippines.
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