Investors look at Philippine Condo Hotel or Condotel Property Investments
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Philippine Condotel Investments Attract Global Investors
Overview
As investors seek to diversify beyond traditional property markets like Paris and London, the Philippines has emerged as a prime location for condotel investments. A recent report highlights growing interest from UK hedge funds and real estate investors in this lucrative opportunity.
Emerging Trends
PLC International Marketing Networks has identified a shift among institutional investors towards Southeast Asia, with the Philippines leading the charge. Beth Collingz, Global Marketing Director based in Metro Manila and Cebu, notes a marked increase in interest from the UK. This trend, spurred by the strengthening value of Sterling against the US Dollar, is predicted to continue into 2007.
Why the Philippines?
Several factors make the Philippines an attractive market:
- Affordable Prices: Property prices in the Philippines remain significantly lower than in Europe, especially the UK.
- Flexible Payment Plans: Condotel developments offer easy payment options.
- Appealing to Retirees: Offshore investors, baby boomers, and overseas Filipinos are buying second homes as they approach retirement. Condotel investments allow them to vacation while also earning rental income, with potential returns of 12-16%.
Metro Manila: A Top Choice
International buyers are drawn to areas with year-round appeal, such as Metro Manila. Developments like Lancaster - The Atrium Condotel, located on Shaw Boulevard, are particularly attractive. These properties are convenient and accessible, with flights from London to Manila averaging 16 hours and frequent airline deals.
Strong Rental Market
Unlike other destinations where rentals are seasonal, the Philippines offers a robust year-round market. This provides owners with flexibility and encourages the growth of professional property management services. Pacific Concord Properties Inc, through its Lancaster Condotel Developments, supports easy ownership and rental management.
Lancaster Suites: Premier Investment Opportunity
Lancaster Manila Atrium Tower A offers a range of studio, one, two, and three-bedroom suites, ready for occupancy from December 2010. Owners can join the Lancaster Condotel Rental Pool to earn income when not using their units, bolstered by a reciprocal arrangement with Lancaster Cebu Resort Residences. This makes Lancaster Suites one of the country's most attractive investment opportunities.
Contact Information
For more details on Lancaster Philippines Condo Hotel Investments, please reach out:
Beth Collingz
PLC International Marketing Networks
Pacific Concord Properties Inc., Manila Head Office
Shaw Boulevard, Mandaluyong City, Metro Manila, Philippines
- Phone: [632] 717 1958
- Fax: [632] 718 1828
Cebu Office:
Lapu-Lapu City, Mactan, Cebu, Philippines
- Phone: [6332] 340 0721
- Fax: [6332] 495 4938
- Email: plcsales@pldtdsl.net
- Website: [lancastersuites.com](http://www.lancastersuites.com)
Investors searching for promising markets will find the Philippines’ condotel properties to be a wise choice. This burgeoning sector offers both affordability and the potential for substantial returns.
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