Lancaster Suites Condotels Investment Concept
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Lancaster Suites: The Condotel Investment Opportunity
Overview:
A "Condotel" or condo hotel combines the comforts of a residential condominium with the luxurious amenities of a hotel, offering a unique investment opportunity.
Concept:
By partnering with the hotel management team at Lancaster Suites, condotel unit owners can have their properties operated as world-class serviced apartments. These units become part of a rental pool, ensuring owners receive a consistent monthly income based on the size of their unit, regardless of whether it is rented out. This income is generated from the pooled total revenue of the entire hotel and is distributed net of expenses, making this investment both cost-effective and virtually risk-free.
Advantages:
Owners in the rental pool benefit from stress-free condotel management. They are spared from dealing with issues such as unpaid bills and delinquent tenants, as all operational aspects are handled by a professional hotel management team. This allows owners to relax and enjoy their monthly rental income from anywhere in the world.
Why Lancaster Suites?
Pacific Concord Properties, Inc.'s flagship development, Lancaster Suites Condotel in Manila, is strategically located along Shaw Boulevard in Mandaluyong City. It stands out as one of the leading condotel investments in the Philippines.
Contact Information:
Beth Collingz - Director
PLC International Marketing Networks
Pacific Concord Properties Inc., Head Office
Shaw Boulevard, Mandaluyong City,
Metro Manila, Philippines
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