Lancaster Suites Cebu - Philippine Real Estate
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Lancaster Suites Cebu: A Premier Philippine Real Estate Opportunity
Overview
Cebu is experiencing a housing boom fueled by expatriates and overseas Filipinos, who are driving demand for high-quality accommodations. This surge has elevated rental prices to new heights, making Cebu a prime market for real estate investments.
Prime Location and Connectivity
Situated 365 miles south of Manila, Cebu is accessible via a one-hour flight and is strategically located in the heart of the Visayas. It serves as a central hub for destinations such as Leyte, Samar, Dumaguete, Siquijor, and Mindanao. Known as a resort and convention hotspot, Cebu's deep-water harbor makes it a vital base for domestic shipping, with 80% of major shipping companies operating from there. The Mactan Cebu International Airport further enhances connectivity, offering direct flights to international cities like Singapore, Narita, Seoul, Hong Kong, and more.
Investing in the Real Estate Boom
Beth Collingz, International Marketing Director of PLC Global and leading marketing partner for Pacific Concord Properties Inc., emphasizes Cebu's economic growth. As the second-largest city in the Philippines, Cebu boasts a robust export industry featuring products like furniture and electronics.
In response to the real estate surge, Pacific Concord Properties Inc. is expanding its Lancaster Brand of Condotels. The company has purchased an additional 27 units in the Lancaster Cebu Resort Residences, adding 75 million pesos to its project inventory. This expansion will include the development of 120 more units by year-end, enhancing Condo Hotel rental operations.
Why Choose Mactan, Cebu?
Mactan offers a balance of relaxed provincial living and urban conveniences. Essential amenities such as schools, hospitals, restaurants, and shopping malls are readily available. Lancaster Cebu Resort Residences, just three minutes from the Mactan-Cebu International Airport, provides seamless access to these conveniences, making it an ideal spot for both business and leisure travelers.
Investment and Leasing Opportunities
The Lancaster Cebu Resort Residences offers fully furnished Executive Studio Suites and Two-Bedroom Suites at pre-increase prices, available for occupancy from December 2007. Prices for Studio Suites start at PHP 2,753,924.06, while Two-Bedroom Loft Suites begin at PHP 5,467,004.14.
Suites can be purchased with a reservation fee of PHP 100,000, with the balance payable in 24 equal monthly installments at zero interest. Additionally, a five-year payment plan is available through in-house financing with a 15% down payment.
The Residences also offer ready-for-occupancy Studio and Two-Bedroom Suites on flexible lease terms?"daily, weekly, monthly, or yearly?"at special promo rates, despite ongoing renovations.
For more information, contact Beth Collingz at PLC International Marketing Networks.
You can find the original non-AI version of this article here: Lancaster Suites Cebu - Philippine Real Estate.
You can browse and read all the articles for free. If you want to use them and get PLR and MRR rights, you need to buy the pack. Learn more about this pack of over 100 000 MRR and PLR articles.